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Posted By: Mark

It's just a different method to get you up to the consignor's lowest accepted price. Nobody forces you to keep bidding against the house (if the price exceeds your parameters), and are able to stop at any time.

As far as Hunt's hidden reserves vs. Ebay's stating "reserve not met"... I personally assume that ALL of Hunts lots have the hidden reserve (and that the reserve is equal to the low estimate given within the range). I don't think there are any blockbuster bargains, like in the old days.

Like you guys, I would prefer full disclosure as a bidder. But I really appreciate the reserves as a consignor. I remember 8 or 9 years ago (before the "reserve" days), consigning a late 1940s All Star Game Pennant that sold for about $65. This was one that I bought for close to $500. So there are certainly both pros and cons to having the reserves.