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#1
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Posted By: Joe D.
This is a head scratcher to me, and I prefer not pointing to the particular auction because it is still ongoing (and I hope to win it |
#2
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Posted By: Kyle
If you bid on a reserve auction and don't met the reserve, the auction runs as a normal auction would be. If you bid the reserve and its met, the bid automatically goes to the reserve. Maybe thats why some people pay $4.00 for it. |
#3
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Posted By: Joe D.
I did not know that. |
#4
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Posted By: Kyle
If you're bidding on an item that you want, and want to meet the reserve, go for it... but keep in mind sometimes the reserves are much higher than you expect. I also wouldn't be surprised if people put in a very high reserve just to see what the bidding goes to to guage value with have no intention of selling. |
#5
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Posted By: T206Collector
It is for this reason that many people do not bid on reserve price auctions and thus the sellers really do not know what their item is worth, because the style of their auction turned off many prospective bidders. |
#6
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Posted By: Joe D.
that is the way to handle an eBay auction - bid high bid at the very end of the auction. |
#7
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Posted By: fkw
I dont like reserve auctions. I like to know if I have the high bid I win. |
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