What's the logic behind hiding the reserve?

383 magnum · 02-25-2009, 11:26 PM

There are certainly many opinions on this and all of them to a certain extent are valid. I really don't have a problem with a reserve if it is reasonable. It just drives me nuts to see the same stuff listed over and over because the reserve is too high. One seller even lists his stuff in 24-hour auctions and all that does is clutter up the new listings.
As Ed said, auctions can indeed be fickle and depend upon who is looking that week. For example, I bought a matching S/42 off Auction Arms recently for $651. This week, a Code 42 Luger with one mismatched part sold for a grand on Gunbroker when someone hit the BIN.

02-25-2009, 11:26 PM	#27
383 magnum User Join Date: Sep 2002 Posts: 120 Thanks: 1 Thanked 1 Time in 1 Post	There are certainly many opinions on this and all of them to a certain extent are valid. I really don't have a problem with a reserve if it is reasonable. It just drives me nuts to see the same stuff listed over and over because the reserve is too high. One seller even lists his stuff in 24-hour auctions and all that does is clutter up the new listings. As Ed said, auctions can indeed be fickle and depend upon who is looking that week. For example, I bought a matching S/42 off Auction Arms recently for $651. This week, a Code 42 Luger with one mismatched part sold for a grand on Gunbroker when someone hit the BIN.