Reserves
I am new to this board, but want to get a few opinions. I'm in the process of putting my first auction together, and have had a few consignors who want to put reserves on items. I usually try to discourage reserves because I feel it actually hurts the bidding potential on a lot. However, some consignors won't consign unless they have a reserve to protect their investment.
Do you think it is better to have a reserve or high starting bid?
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