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<p>[QUOTE=&quot;Conder101, post: 934274, member: 66&quot;]Not only does no one win, the seller LOSES.&nbsp; If he sets a reserve he has to pay a percentage of the reserve as a fee to ebay (flat fee of $2 up to $200, 1% of reserve above that).&nbsp; If you want to have a reserve it is better to just set the starting bid at that price.&nbsp; If it doesn&#039;t sell the insertion fee is usually less than the insertion fee for a lower price plus the reserve bid fee.</p><p><br /></p><p>Assume they wanted $70 for the coin in question.&nbsp; If they had started the bidding at $70 the insertion fee would be $1 and if it didn&#039;t sell that would be their total fee.&nbsp; If they started it at $49.95 with a reserve of $70 and it didn&#039;t sell the insertion fee would be $0.75 and the reserve fee would be $2.&nbsp; Total fee $2.75</p><p><br /></p><p>So by setting a reserve they actually almost tripled their fees.[/QUOTE]</p><p><br /></p>

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