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<p>[QUOTE="Vitagen, post: 288012, member: 10636"]I find the reserve and starting prices on those are too high.</p><p><br /></p><p>The first one should have met the reserve before reaching $800</p><p>The second one is starting too high & should either set it's start at max $2900, or set the reserve to that. Then, the bidding shall commence.</p><p><br /></p><p>Reserves are funny. They can attract TONS of viewers, but few bidders if people start getting disappointed about a reserve never reaching after tons of bids. (20-30)</p><p>Even then, a reserve on an item worth less than $50 is silly. If your item it worth $50 or lower and you start it at $0.99 or $5.00 without a reserve...the bidders will raise it. Your odds of it reaching the actual value are very good. Especially for solid gold coins.</p><p><br /></p><p>Probably not so much with lesser value items, like a small lot of wheat pennies or steel pennies that's worth $50 to you. Those depend on the timing.</p><p><br /></p><p>Best thing for an actual price quote is to average the sale price of the last 10 completed auctions that sold...which are similar to yours (if possible that is).[/QUOTE]</p><p><br /></p>
[QUOTE="Vitagen, post: 288012, member: 10636"]I find the reserve and starting prices on those are too high. The first one should have met the reserve before reaching $800 The second one is starting too high & should either set it's start at max $2900, or set the reserve to that. Then, the bidding shall commence. Reserves are funny. They can attract TONS of viewers, but few bidders if people start getting disappointed about a reserve never reaching after tons of bids. (20-30) Even then, a reserve on an item worth less than $50 is silly. If your item it worth $50 or lower and you start it at $0.99 or $5.00 without a reserve...the bidders will raise it. Your odds of it reaching the actual value are very good. Especially for solid gold coins. Probably not so much with lesser value items, like a small lot of wheat pennies or steel pennies that's worth $50 to you. Those depend on the timing. Best thing for an actual price quote is to average the sale price of the last 10 completed auctions that sold...which are similar to yours (if possible that is).[/QUOTE]
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