Post #14889 by SullTiki on 11/26/2002

On 2002-11-26 14:36, Swanky wrote:
But then, I don't understand a reserve. Why not start the auction at your resrve price?

I have found that by setting a reserve and starting the bidding at say 99 cents...it starts the ball rolling.

To me, it seems that a higher starting price will scare off some people.