Do you feel that knowing the minimum price is too much for bidders to
resist matching?
How would that, however, be a negative influence on the final bid?
If it isn't matched, it goes back up in a month.

Jack

--- Bob Shell <[EMAIL PROTECTED]> wrote:

> 
> On Sep 23, 2006, at 7:27 PM, Jack Davis wrote:
> 
> > NO! I entered a minimum bid rather than a "reserve" which, as I
> > understand it, puts some bidders off.
> > Followed the advice of an experienced and sage lister.
> > Was just messin' with Cotty.
> 
> I've never found that having a reserve puts anyone off.  On anything 
> 
> of more than nominal value I always have a reserve.  I decide what  
> the least I can afford to take for something is and set that as my  
> reserve.  Keeps me from having to sell something way too cheap.
> 
> If the reserve isn't met, I wait a month or two and relist the item. 
>  
> Usually it will make reserve on the second try.  On an occasional  
> item I have had to list it three times before it sold, but it always 
> 
> did sell.
> 
> I recently sold a mint Canon EOS-1v.  It took three tries, but I  
> ended up getting $ 400 more than what it would have gone for the  
> first time with no reserve.
> 
> Bob
> 
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