My thoughts:
An auction w/ a KNOWN Reserve--You might just as well make the Reserve your starting bid & have a NO Reserve auction---I don't see a difference. Knowing the Reserve, to me, does not get bidders if they think it's too high a price, no matter if you start it @ .01¢
My thinking on UNKNOWN Reserve w/a low start is to get the bidding going. I think one also has to have a reasonable reserve and I state that in my listing.
I sold all 3 T206's listed last week--all w/ a Reserve.
This week I had 4 T206's listed same way & NONE of the 4 sold--A few bids came in but they were very low. My Reserves were reasonable for the quality of the cards as they were a week ago.
Go figure!
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I've learned that I don't suffer from insanity, I enjoy it.
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