That is a very good point, but on the other hand, let's say I want to bid on your item, but I can only afford to bid a limited amount. I ask your reserve, and you reveal it to me and it is above the limit I can spend. Why should I bid my limited amount and wait out an auction for several days on an item I can't afford and won't win, when I could use it to bid on something else that I want and can win? In that case I see it as a courtesy to reveal the reserve. I have done it on a case by case basis. There is no law that says the reserve price is a secret. I take it on a case by case basis. just my .02! John
Per Westerberg <[email protected]> wrote: Hi Ron, you should not give out any information whatsoever re. your reserve, because if the bidders feel it is a bit high, many of them may not bid on your item. The more bidders there are, the better. Per Westerberg, Toy Gramophone Collector, Stockholm Sweden --------------------------------------------------------------------- "Are you still wasting your time with spam?... There is a solution!" Protected by GIANT Company's Spam Inspector The most powerful anti-spam software available. http://mail.spaminspector.com ----- Original Message ----- From: "Ron L'Herault" To: "phon...@oldcrank. com" ; "phonol...@yahoogroups. Com" Sent: Tuesday, March 08, 2005 2:54 PM Subject: [Phono-L] reserve on E-ba* > I'm helping a friend sell some high end audio gear on e-bay* which we > listed > with a reserve. Someone has e-mailed me and asked what the reserve price > is. I've never done a reserve auction so am not sure what I should do > here. Should I tell him what the reserve is? Should I tell him exactly > or > give a range/approximation? Or, should I say that I prefer not to give > the > reserve? Is there a good reason why I should or should not give out the > reserve? > > Ron L > > _______________________________________________ > Phono-L mailing list > [email protected] > > Phono-L Archive > http://www.oldcrank.org/pipermail/phono-l/ > _______________________________________________ Phono-L mailing list [email protected] Phono-L Archive http://www.oldcrank.org/pipermail/phono-l/
