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TeamPooka

(25,577 posts)
9. No reserve means the item will sell with no reserve price, which may be a higher one
Wed Jun 3, 2020, 02:56 AM
Jun 2020

than the starting bid.
Example: At an art house a painting may starting the bidding at $1,000. but the seller has put a reserve of $5,000 and if the bidding doesn't get there, the item does not sell, even if you've bid $4,000. No sale.
Same applies on eBay. A seller can set a reserve but start the auction at .99 cents
No reserve gives buyers the impression that a deal can be found there.

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