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  #1  
Old 10-20-2017, 01:07 PM
hshrimps hshrimps is offline
Henry Shrimps
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Default Don't you hate to bid on auction items that have a reserve?

Auction items that have a hidden reserve would just stop me from putting additional bids (even if I really want those items). It just make me feel like I am just helping to jerk up their prices. Don't u all think like that?

Last edited by hshrimps; 10-20-2017 at 03:50 PM.
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Old 10-20-2017, 01:10 PM
pbspelly pbspelly is offline
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If the reserve is hidden, yes
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Old 10-20-2017, 01:22 PM
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I see both sides. As a bidder, it's a buzzkill. But if I was selling a $25,000 card I'd be real bummed if there were somehow a lot of other auctions at the same time or some breaking big national event going down (like a Presidential Election being sorted out) that artificially depressed the bidding action I was seeing.
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Old 10-20-2017, 02:04 PM
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I always assume a seller may have a minimum price for which he will part with a card. It makes no difference to me if that price is set by BIN, BO, reserve, minimum bid or shill ( the last being unethical but a fact of life). On BINs it is either go or no go. On auctions I just set a snipe or maximum bid to price I am willing to pay. There are some sellers, those who choose the shill method, I try to avoid
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Old 10-20-2017, 02:32 PM
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It depends on whether I think the reserve is reasonable or not.
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  #6  
Old 10-20-2017, 03:50 PM
hshrimps hshrimps is offline
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Majority auction houses' reserves are hidden. They should have just set the min bid as the reserve price.
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  #7  
Old 10-20-2017, 05:59 PM
iowadoc77 iowadoc77 is offline
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Quote:
Originally Posted by hshrimps View Post
Majority auction houses' reserves are hidden. They should have just set the min bid as the reserve price.
+1 at least.
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Old 10-20-2017, 07:34 PM
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I think Heritage’s method of handling reserves is best. With a week to go post the reserve so bidders know what the target is.
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Old 10-21-2017, 11:20 AM
hshrimps hshrimps is offline
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Quote:
Originally Posted by oldjudge View Post
I think Heritage’s method of handling reserves is best. With a week to go post the reserve so bidders know what the target is.
+1
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  #10  
Old 10-26-2017, 04:40 PM
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Quote:
Originally Posted by oldjudge View Post
I think Heritage’s method of handling reserves is best. With a week to go post the reserve so bidders know what the target is.
Heritage does it a good way. There has to be transparency as to the reserve before the auction ends or it sucks . And I agree that a solution can be starting the opening at the reserve. If it doesn't sell with a high opening the world economy won't change and no one will be out a ton of money or too disappointed.

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Last edited by Leon; 10-26-2017 at 04:43 PM.
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