Message:

<p>[QUOTE=&quot;Beefer518, post: 7790893, member: 87737&quot;]A reserve can lead to lots of people watching/bidding, creating a type of hype on the item. That&#039;s a good thing. If the coin doesn&#039;t hit the reserve, it&#039;ll give the seller some idea of what the general bidding population is willing to pay for that item, which is knowledge the seller now has that he didn&#039;t beforehand. The seller can then decide if he/she wants to lower the reserve closer to what the going rate is. Some sellers will even put the reserve price in the description.</p><p><br /></p><p>A high starting price can cause people not to even look at an item, and the seller really won&#039;t have any idea as to how high the price is over what folks are willing to spend on it. That seller my sit on that item for a very long time without any activity. A high starting price is like a Buy It Now price, but the buyer doesn&#039;t get it &#039;now&#039;, and may lose it to someone willing to go just 1 bid more.</p><p><br /></p><p>IMO, if you&#039;re going to do a high starting price, you&#039;d be better off with a realistic BIN price.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in