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Rabid Collector
 
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| I am selling my second comic on Ebay. It's a valuable comic and i put a reserve price. There are 3 watchers and one of them asked me how much is the reserve price. Should i answer the question? What is the best to make the bigger profit? The reserve price is the value at guide
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A True Collector
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| depends. if you do he might want to bid that price to get it or.... he might not and since he doesn't bid others won't bid and it wont get the reserve price. if you don't tell him he might bid his max and the reserve might or might not get met or.... he might think since you didn't give him an answer it is a really high reserve.
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Rabid Collector
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| If I tell him the reserve price and I put a bid that high, I would be satisfied.
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Master Collector
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| I think you should tell him...if he bids your price and your happy then all is well...if not, there are still others watching (and more to come, so be patient)...if you do not sell it at a price you are happy with, again no loss. Hold it and try again next time. Good Luck.
"Psychos do not explode when sunlight hits them...I don't give a fu-- how crazy they are."
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2167 Legacy Posts
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What's the point of having a reserve if you're just going to reveal it?...I say put it right in your auction description or don't tell at all...D
________________________________
WANTED:
Avengers #66
Black Panther #12,#13 BA
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Master Collector
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The object of the reserve is make sure you get your value out of it, but also allows you leeway to work with a bidder who may be close enough to satisfy your needs. In no way does it need to be or should be a secret, it is merely your opinion of what you think the item is worth to you. Revealing it does not change it, and allows people to understand what you value it at and then make a decision whether to bid or not. I do not understand sellers who won't reveal their reserves, there is absolutely no value in that.
Where does he get those wonderful toys!
I have yet begun to surrender.
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2167 Legacy Posts
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Then why not just start it at your reserve price?...IMO there really is no point in having folks bid below your reserve. I almost never use it, and it's pretty expensive when it comes to listing fees...D
________________________________
WANTED:
Avengers #66
Black Panther #12,#13 BA
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Master Collector
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The Joker (6/12/2008)
The object of the reserve is make sure you get your value out of it, but also allows you leeway to work with a bidder who may be close enough to satisfy your needs. In no way does it need to be or should be a secret, it is merely your opinion of what you think the item is worth to you. Revealing it does not change it, and allows people to understand what you value it at and then make a decision whether to bid or not. I do not understand sellers who won't reveal their reserves, there is absolutely no value in that.
Perfectly stated Joker. No reason a reserve should be a secret, ebay needs no mysteries. As for why a seller might want to use a reserve price, I think that a lot of bidders are turned off by high starting prices. I know I am. I suppose it's not too logical, but maybe human nature?
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