Posted By:
NickinvegasT206:
As a seller I can tell you it is a tough call. I used to place a reserve on any items valued over $100; And I received a few complaints about my placing reserves on everything, so I stopped. I then tried placing a resonable minimum bid, there is very little action on items with starting bids that are a signifigant percentage of the items value.
I have recently been trying a low minimum bid(no reserve)and my items have not done well.
I have been burnt many times going with no minimum no reserve, but those are the auctions that typically get the most bids.
Nick