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Old 04-29-2016, 08:29 AM
jefferyepayne jefferyepayne is offline
Jeff P
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Join Date: Dec 2011
Location: Virginia
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Quote:
Originally Posted by DezHood View Post
Kevin, its not over - you can still get it. I talked to the AH yesterday. I'm not 100% sure what happened, but I think the jist of it was, the reserve was hidden at the start of the auction, so it did get bids, then towards the end the reserve was revealed and it wasn't met. I don't think that's typically how it works. A semi-hidden reserve I guess.
That's pretty common in auctions that have reserves. At some point near the end they reveal the reserve to try and encourage people to push the price over the goal line. I personally don't like hidden reserve auctions to rarely ever bid on them.
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