What's the logic behind hiding the reserve?

revolverforums · 01-31-2009, 08:10 PM

A reserve auction isn't really an auction IMHO. I have never been to an auction that they didn't start the bidding at a price they wouldn't take. If no one bid at that price they either drop the price or don't sell the item. Why put something on an auction if your not going to sell it to the high bidder. If you want a minimum price then start the auction at that price. To put a reserve on it and then refuse to give the reserve will assure you of one thing, I won't bid no matter what........

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Hybrid Mode Switch to Threaded Mode

01-31-2009, 08:10 PM	#1
revolverforums Banned Join Date: Jan 2009 Posts: 23 Thanks: 0 Thanked 0 Times in 0 Posts	A reserve auction isn't really an auction IMHO. I have never been to an auction that they didn't start the bidding at a price they wouldn't take. If no one bid at that price they either drop the price or don't sell the item. Why put something on an auction if your not going to sell it to the high bidder. If you want a minimum price then start the auction at that price. To put a reserve on it and then refuse to give the reserve will assure you of one thing, I won't bid no matter what........