Quote:
Originally Posted by swarmee
So the "Hidden Reserve" was basically the same concept that PWCC used in eBay for years as well as are still in the Terms of Service at multiple auctionhouses going today. Not illegal, just unsavory.
I wasn't in the vintage card market at that time, and I don't really splash in the deep end now, but I will continue to make minimum bids and then snipe at the end.
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The hidden reserve is unsavory and contrary to the spirit of the auction. It is not illegal, but I don't think Christy Mathewson would do it.