Posted By:
ElliotA few points:
1) Although nobody has mentioned it, I think (besides the reserve) one of the reasons the Crawford only got bid up to $79 is that it is a rather weak "4". Perhaps, in person the color and the registration justify the grade, but from the scan it looks like a marginal "4".
2)Like a lot of other people I'm reluctant to waste my time bidding in a reserve auction, where a lot of times the seller has set an unrealistic reserve.
3) If you're willing to disclose the reserve price to everybody and in the auction listing, why not just start the bidding off at that level and save the ebay fee.
4) Although not technically wrong, Aaron's method of reserve identification goes against the spirit.
5) I've always failed to understand why what you have paid for an item has any relevance to the price you're willing to sell at, unless you only have the item on consignment. Don't get me wrong it's always nice to sell at a profit, and overall, if you're in business you better be making money, but on any individual item/sale the price you paid for it is irrelevant. However, you should however be trying to get market value or better.