Cotty wrote: > On 24/9/06, Paul Stenquist, discombobulated, unleashed: > >> I generally get more bids when I don't post a reserve. As long as the >> minimum bid isn't outrageous, traffic will be good. I will sometimes >> risk setting a minimum bid well below what I consider my minimum price. >> That will sometimes generate a bidding frenzy and a very high final >> price. > > Agreed. I think the key here is the starting price. If it's quite high, > effectively the reserve, then I think it can be more limiting than a low > start with a reserve. What I don't like is someone who starts low, with > no reserve, and bottles out with a day to go, and pulls the auction. > Like I say, for the serious buying, I'll bid right at the end and bid > high. If the auction's gone, I can't do that. If the auction's there > with a reserve, I can. >
That's my philosophy, Cotty! Right near the end, I'll put my one bid in, for the highest amount I'd pay, if it were on the shelf locally. It rarely goes that high, and frequently much lower. But, I'm protected by never exceeding the max. price I had decided was my top dollar bid. Takes the stress away, too! ;-0 keith -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
