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Reload this Page Don't you hate to bid on auction items that have a reserve?
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  #1  
Old 10-20-2017, 01:04 PM
ALR-bishop ALR-bishop is offline
Al Richter
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I always assume a seller may have a minimum price for which he will part with a card. It makes no difference to me if that price is set by BIN, BO, reserve, minimum bid or shill ( the last being unethical but a fact of life). On BINs it is either go or no go. On auctions I just set a snipe or maximum bid to price I am willing to pay. There are some sellers, those who choose the shill method, I try to avoid
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  #2  
Old 10-20-2017, 01:32 PM
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It depends on whether I think the reserve is reasonable or not.
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  #3  
Old 10-20-2017, 02:50 PM
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Henry Shrimps
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Majority auction houses' reserves are hidden. They should have just set the min bid as the reserve price.
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  #4  
Old 10-20-2017, 04:59 PM
iowadoc77 iowadoc77 is offline
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Quote:
Originally Posted by hshrimps View Post
Majority auction houses' reserves are hidden. They should have just set the min bid as the reserve price.
+1 at least.
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  #5  
Old 10-20-2017, 06:34 PM
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I think Heritage’s method of handling reserves is best. With a week to go post the reserve so bidders know what the target is.
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Old 10-21-2017, 10:20 AM
hshrimps hshrimps is offline
Henry Shrimps
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I think Heritage’s method of handling reserves is best. With a week to go post the reserve so bidders know what the target is.
+1
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Old 10-26-2017, 03:40 PM
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Originally Posted by oldjudge View Post
I think Heritage’s method of handling reserves is best. With a week to go post the reserve so bidders know what the target is.
Heritage does it a good way. There has to be transparency as to the reserve before the auction ends or it sucks . And I agree that a solution can be starting the opening at the reserve. If it doesn't sell with a high opening the world economy won't change and no one will be out a ton of money or too disappointed.

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  #8  
Old 10-26-2017, 05:23 PM
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Quote:
Originally Posted by ALR-bishop View Post
I always assume a seller may have a minimum price for which he will part with a card. It makes no difference to me if that price is set by BIN, BO, reserve, minimum bid or shill ( the last being unethical but a fact of life). On BINs it is either go or no go. On auctions I just set a snipe or maximum bid to price I am willing to pay. There are some sellers, those who choose the shill method, I try to avoid
+1 there!

Best wishes,

Larry
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