Should I put a reserve?

Whether you want to use a reserve or not is your decision.. but as we discussed in my thread.. if you do.. I'd do what 2purrcats suggested. About half way hrough the auction either start revealing the reserve to those who ask (once again.. your decision) OR.. start lowering the reserve (especially if you see it start approaching what your reserve is.. and feel comfortable doing so). You CAN lower a reserve (and actually.. I found out.. remove it altogether) after an auction has started. I just did that yesterday on mine.. lowered the reserve by $100. The result was eB e-mails all previous bidders with a notification.. they also put the fact that your reserve has been lowered right up there by the bid amount (but they don't reveal by "how much"). This resulted in another round of bidding and spurred more interest. One could conceivabely lower just a little every day and perhaps keep the bid placement going.

In my particular case.. I have a figure in mind at which I would let the reserve drop to the next highest bidder and let it become a bonafide auction, and that figure IS lower than my starting reserve. Should someone approach that bid soon enough for my satisfaction.. I'll let the reserve go and let the auction run it's course. The only drawback is that as you lower the reserve eB DOESN'T refund you the difference in your reserve fee (of course.. we're talkin' eB here).. but in the case of a high dollar auction like mine (a couple thou' hopefully).. that only equates to one dollar for every hundred you lower the reserve so I'm willing to pay that price.