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Posted By: scott brockelman

As you can see the reserve option is to actually make the reserve a bit more transparent, at least at the end of the auction. However, in reality it is also designed so that there won't be many if any reserves. In other words if you want to use that option you have to be prepared for the fees. I would doubt that you would see 1 out of 100 lots in any given lot with a reserve, it is going to be much more of an exception and not the norm.

Scott