you can start at any price and have a reserve of any price is my understanding

like the White Christmas lobby card set that ended a couple days ago at $199.99 (which was apparently the reserve price) and started at $9.99


At 03:15 PM 2/6/2012, Phillip W. Ayling wrote:
Is there any policy regarding EBay reserves? Often times in real auctions when there is a reserve, the opening bid requirement might be half of that reserve or something similar. Recently I noticed bidding on a poster where the reserve was not met, yet the high and unsuccessful bid was more than 45 times the opening required bid. Anyone know the point to structuring auctions like that?
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