Advise Needed.. WWYD?

[D. Bergin]

I would let it ride out of respect for the people who have already bid on the auction, or have it on watch.

That's just me though.

[Jaybird]

30 watchers is a good number. I would expect with that many watchers that it would reach it's full value. What is the value of that set? I'm assuming you did your research and put the reserve at what the value is.

Yes, you'd net $123 more off-line but next time you put a set up, people might be wary to bid with you knowing that you pull items?

Just something to weigh into your decision.

[zljones]

If you let it ride please update as to how much the final price was.

[daves_resale_shop]

Originally Posted by D. Bergin

I would let it ride out of respect for the people who have already bid on the auction, or have it on watch.

That's just me though.

+1 your call as to what you want to do, but in fairness to the existing bidders/watchers I personally would ride it out...

[wonkaticket]

[Matthew H]

29 watchers. Don't count me I'm just a looky loo

[christopher.herman]

With 30 watchers ending it early is leaving money on the table. You have a reserve for a reason. Let the auction run it's course.

[FrankWakefield]

Tell the buyer the reserve is $3800, out of respect to the other bidders and watchers you're going to let the auction continue, and you wish him good luck with it and hope he wins. That way he can bid $4k, it'll show he's top bidder at $3800, and he can see where it lands...

[Exhibitman]

If you are pleased to sell it at $4K, cancel the auction and sell it. There's an old saying: pigs get slaughtered. I've had a number of auctions where I've offered the seller more offline to close out than the item ended for when the auction took its course. Having an auction with a reserve is a little different than otherwise--you will know the top bidder's max price because it will stall out below the reserve. If the item doesn't reach close to the reserve, congratulations, you just provided the putative buyer with a market-based reason to rescind his offer.