I agree entirely. That would be my approach but it isn't my machine!JeffR1 wrote: Tue Nov 04, 2025 4:05 pmThen lets assume the reserve is £12,000.00, then set that as the first bid.Steve wrote: Tue Nov 04, 2025 3:35 pmNot necessarily! It is possible that the seller would like and will now begrudgingly (perhaps) accept an offer less than £15,000 but considerably more than £5000. The B.I.N. price could conceivably be a hopeful catch for a new potential bidder who doesn't want to risk losing it if he / she (where on earth are you, Vivian?) enters the bidding with a lower bid, thus eliminating their chances of guaranteeing it for the previous B.I.N. price.JeffR1 wrote: Tue Nov 04, 2025 12:41 pm These guys have been watching the Antique Road Show too much !![]()
£5,000.00, and the little "reserve not met"....![]()
So the reserve is the "buy it now price" ???![]()
I'm guessing the Reserve is £12,000 but I have nothing substantive to base this on; it's merely a hunch!
I don't get the logic of eBay or its sellers.
IMHO reserves are just a complete waste of everyone's time.