IMPO any auction with a reserve bid isn't really an auction at all and should have been listed as a buy it now. True auctions have an opening bid with no reserves.
Reserves are for people who don't know their Item, the market, or are just plain scared they might lose money.
Some of the biggest profits I have ever had from ebay was on auction items starting at .99 cents and No reserve. A $32.95 dollar Item "my cost" ends up selling for $1,300.00+ Now that's what I call Profit.
If anyone is interested in what that item was I will share that info with you, It was a United States Mint bag containing 100 1999-D Delaware State quarters.
The fact still remains EBAY has gotten way to greedy for their own good.
-----------------------------------------------
Ds Coins
- Attention - Earning Cash Back at eBay And Your Favorite Retailers Is Easy! http://ebaykickbacks.com