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The One Ring Forums: Tolkien Topics: Gaming & Collecting:
Or use a reserve price


Dec 20 2007, 6:09pm

Views: 270
Or use a reserve price [In reply to] Can't Post

Instead of deciding on a minimum and setting your starting price there (a high opening price can sometimes scare off buyers), your other choice is to set a reserve price of whatever that minimum you want might be, then set the starting price very low. This often encourages buyers to bid, but if the auction closes without meeting the reserve price, you're not obligated to sell it, and you can try again. If it does get over the reserve price, then awesome. I will say that while some buyers are scared off by a high starting price, others may be wary of a reserve price. As with all things, your mileage may vary.

Good luck.

PS. A reserve auction costs a little extra. Not too much, though.

Jason Fisher
Lingwë - Musings of a Fish

Subject User Time
Need Advice brianbagshot Send a private message to brianbagshot Nov 18 2007, 10:55am
    Sorry Brian - don't know what to advise... greendragon Send a private message to greendragon Nov 25 2007, 7:51pm
    Not much help Nimloth2 Send a private message to Nimloth2 Dec 19 2007, 3:34am
    Or use a reserve price visualweasel Send a private message to visualweasel Dec 20 2007, 6:09pm


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