Post #5933 by Suburban Hipster on Wed, Aug 14, 2002 8:12 PM

Sorry, I guess that's right. I buy and sell on ebay a good bit, but I generally avoid the reserve price auctions. Here's the skinny from ebay:

In a Reserve Price Auction, the seller has a hidden reserve price that the bidding must exceed before the seller is required to sell the item. When a bidder's maximum bid is equal to or greater than the reserve price, the item's current price is raised to the reserve price amount.