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Tiki Central / Tiki Marketplace / shag hu-hula 1 & 2 prints)lower starting bid}

Post #257829 by Mr. NoNaMe on Fri, Sep 29, 2006 8:49 AM

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On 2006-09-28 21:35, christiki295 wrote:
True enough it is not a "buy it now" for $100, but neither is the "starting bid $100," if the reserve is not met at $100.

Do you care to divulge the accurate starting bid?

MTM is correct. If seven people raise his opening bid of $100 to $200 it may not make his reserve.
We know the maximum amount that you are willing to spend is $110 so, you value his item less than he does and anyone who bids higher. If the item never makes his reserve then he values his item more than any bidder.

Not making his reserve shows him that he may need to lower his reserve. If it gets to his reserve then he is (or should be) satisfied.
This is an Ebay auction (not Sotheby's) which teaches sellers what others consider valuable.

At this time, I am not prepared to get a Shag as I percieve the value to be greater than what I am willing to spend. A Shag sticker on the other hand....