How do reserves work in the Legendary auction?

[Leon]

I don't mind reserves but I don't care for hidden ones....I like to know what I am shooting at.

[JeremyW]

Sometimes a hidden reserve makes me hesitate to shoot at all.

[paul]

Well, I was the high bidder on my card in the Legendary auction, but didn't meet the reserve. So I guess I now get to decide whether I want to pay more than the current market value for the card. I'm not sure when I'll be notified what the price is.

[Bicem]

I'm in the exact same boat Paul, let me know if you hear anything.

[HRBAKER]

I think if they called me and asked me if I wanted to raise my "bid" to X to meet or come close to the reserve that I would only be willing to pay the BP on the amount of my high bid.

[Bicem]

agreed - hidden reserves suck by the way.

[E93]

They could also call the consignors and see if they want to sell their cards for market value.
JimB