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Fred CIn an effort to have everyone understand the bidding I think that auction houses should either set the minimum bid as the reserve or let everyone know which lots may have a reserve price that has to be met. My rationale for this is simple. Lots of us aren't made of money and we bid in auctions based on what we have to spend. Maybe I'm not going to bid on something because I feel the $2K that I have on one card may be the winning bid so I forgo bidding on other lots. If I knew there was a reserve price and I didn't meet it then I might bid on other lots because the $2K is not a potential obligation as a winning bid.