I hate reserves on ebay

this is one nice jefferson toned nickle.

http://cgi.ebay.com/ws/eBayISAPI.dl...Category=39456&_trkparms=algo=LVI&its=I&otn=1

 

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I like reserves. It makes it easy for me to know which sellers to stay away from.

 

Putting a reserve on an auction just kills it. No one bids on a reserve auction.

 

I started an auction that I am expecting $300+ on. I started it with free S&H, No reserve, and the starting bid was $0.01.

3 days 9 hours left
$108.15 so far
14 watcher
173 views
16 bids

 

I stole a few with no resv!
so I can understand why they use the resv $12.50 for 1999 1/10 oz Platinum

 

How can you tell it has a reserve? I dont see that anywhere on the auction. I am sure its somewhere i just cant find it.

 

reserves are dumb. if you want a minimum amount, start the bidding there. dont put a reserve on it

 

From what I can make out, I believe that it HAD a reserve that has been met. However, in direct answer to your question, once the reserve has been met, I do not believe that there is any way you have proof that there once was a reserve. The only exception to that is where only one bidder meets the reserve. If that is the case, looking at the bid history will show his last bid is usually above the minimum required.

 

Cool thanks RLM

 

Are you saying that you judge an E-Bay seller as a bad seller simply because they use reserve prices in their auction listings? What do you know about this seller? I know that he is a long time member of both the PCGS & NGC forums.

Furthermore, the use of reserve prices in auctions is not the problem. It is E-Bay's application of the reserves that creates the problem. E-Bay tells you straight out the that reserve price has not been met which helps kill the auction bidding. Other auction houses simply state that any reserve price will post at a specific time close to the end of the auction. That way the auction proceeds normally and if the bid price is higher than the reserve price at the time of the reserve posting, you would never even know there was a reserve.

Personally, I could care less about reserve prices. I determine how much I am willing to bid on a coin (my max bid) and I use sniper software to have my bid entered in the last few seconds of the auction. I never get to see that my bid did not meet the reserve until it is too late.

 

I agree. I have been part of several auctions where reserves were not met, but the seller still let me have it at my last high bid. Very cool. I like reserves especially when they keep others from bidding on coins I want.

 

Im not saying at all that the dealer is a bad seller based on a reserve. I agree with one of the above statements thats says "if you want a minimum amount, start the bidding there. dont put a reserve on it " I do see now that the reserve was met for I have just placed another bid and now am the highest but ill surly be outbid soon and ill keep watching it.

Read more: http://www.cointalk.com/t122821/#post965467#ixzz0vkgpg2kK

 

170519383968

 

I second your idea about how the reserve is implemented, which is why I don't really use Ebay reserves. If I have a minimum price in mind for something I start it there. I sold a 1983 DDO Lincoln on ebay and just started the auction at $200. I also don't mind the people who put a reserve price but then state what the reserve is in the listing, at least you know.

 

howd u find that? i made sure not to post it so i didnt get in trouble for advertising

 

FOR SALE: Coin Collection!!!

 

I personally think Reserves should be eliminated and replaced with a starting bid which is acceptable to the seller. If a buyer is bidding against the seller, then the price should be disclosed.

 

lol Krispy can find anything

And Jello that was quite a deal. Did you get the coin?

 

score!!!

 

Add one watcher, I thought why not.