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Old 10-06-2011, 09:07 PM
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Michael S
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Join Date: May 2009
Location: Minnesota
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Quote:
Originally Posted by HexsHeroes View Post

Which brings me to my next point. Is it possible that the additional bid after you signed out was due to a seller's reserve price? I don't think I've seen it mentioned in lot descriptions for Clean Sweep that a reserve is in play. I may be wrong, but I don't recall seeing mention of a reserve on the lots I considered bidding upon over the past few year. Based on this thought, my guess is the late activity might be an unknown reserve in play.
He has pretty high starting bids (more then the industry standard) which I think are the reserves. I do not believe he has "hidden" reserves based on bidding with them for 20 years. That has been my experience.
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