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#1
03-25-2007, 07:08 PM
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Sorry for the rant....but I hate reserve price auctions.
Posted By: John S
I have read all the arguments for and against, but why do sellers put reserves on eBay auctions? Why not start the item at a price that even if a single bid is placed will bring a sufficient return? Does it cost less for the seller to set a reserve instead of a high opening bid? I placed a few bids today on reserve auctions. I won two, but even with my maximum bids being 200% of book they did not meet the reserve. If I had known the prices I may have placed a ridiculous bid to get the cards (both have been on the want list for some time). 
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