Re: [MOPO] Reserves on ebay

[Kirby McDaniel]

I tend to agree with Walter on this one from a theoretical point of view.   In a live auction, the auctioneers will start an item often below the reserve and the buyer will usually not know the reserve, although most of the time the reserve is about 20% below the low estimate.  An internet "auction" such as ebay ---- a reserve is sort of useless.  I have bid on many items with a reserve, however.  All I am interested in is knowing the figure that I am willing to pay and how much I want the poster. There are a lot of items on ebay, I suspect, that don't have a reserve, but they DO.  They are not going to truly sell until the seller has a price that they want. Not all, but many I would say. Kirby McDaniel www.movieart.net On Oct 11, 2005, at 2:05 PM, Claude Litton wrote: Here is a question for the group.  Do you bid against reserves?  I personally will not chase reserve prices.  I will place a low bid that I know will not meet the reserve and then snipe at the end.  However, I cannot understand the reason for them.  Why not put a starting price on the poster and let it fly.  I am a collector and not a seller.  May I hear from sellers on this subject?   CJL Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.