Reserve Auctions

BennytheBlade · Post by **BennytheBlade** » Tue Dec 30, 2003 12:03 am

Hadnt seen this topic here, so I thought I would bring it up.
Does it matter to you if an auction has a reserve?

Does it make a difference whether its a $1 reserve price?

What if the reserve is closer to what you expect to pay for a knife?

Ill answer these for myself after yall take a crack at em.

mrbigg · Post by **mrbigg** » Tue Dec 30, 2003 3:28 am

when i auction something i never put a reserve on it - but start the bidding where i feel happy letting it go should only one bid be placed.

as far as bidding goes, i don't care if it has a reserve, but prefer to bid on no reserve items, it seems more like a true auction that way. one thing i hate is a reserve price that's a buck or two less than a "buy it now" price...

poorbs · Post by **poorbs** » Sat Jan 03, 2004 3:20 am

Dunno about KA and BA, but on eBay you pay for most items, including the level you start the bidding and for a reserve. By the time you get through adding up all the fees, up to 10% of the selling price goes to online services. Any time you can eliminate one of them it's that much more for the seller.

As a bidder I don't like reserves.

sammy da blade · Post by **sammy da blade** » Sat Jan 03, 2004 3:25 am

i don't like reserve auctions and generally pass them by!

Vagrant · Post by **Vagrant** » Sat Jan 03, 2004 6:12 am

If it's something I think I NEED, I bid my max and let things "sort themselves out". If it's something that would jusr "be nice to have". I follow the auction closely and try to get a deal. Either way reserves don't mean much unless my max is below them.