View Single Post
  #2 (permalink)  
Old 20th July 2006, 05:06 AM
mulligan's Avatar
mulligan mulligan is offline
Veteran
 
Join Date: Jan 2006
Posts: 3,040
iTrader: (65)
Rep Power: 111
mulligan will become famous soon enoughmulligan will become famous soon enough
Re: Damnatio Memoriae

The posts were removed for a number of reasons.
The main one being that the reserve had been removed from the thread and the starting price is now the 'reserve'
As member asdfer had taken on board the whys and wherefores of the 'reserve' issue and it being a sales thread first and foremost I removed what I seen as irrelevant content from his sales posting. (Yours, mine and RD's comments)

Feel free to bring up any and all questions and issues here, where there is nothing for sale.

A reserve is for the buyer to decide whether to have or not.

As was pointed out by RD, in an auction that has a reserve the reserve is always known by a trusted third party. (by ebay, Christies etc) Here there is no such party and only the seller knows the reserve so it becomes less of an auction and more of a "keep making offers until I am satisfied" sale.

I cant recall one auction that had a reserve (I havent scanned every auction) and as was also pointed out buyers wont bid if they dont know what the 'reserve' is for the reason above...

By all means when your are having an auction have a reserve but dont expect many bids.
__________________
ТВ.tv
Reply With Quote