Posted by Clint Dixon [172.68.90.97] on Monday, January 15, 2018 at 10:07:10 :
In Reply to: i dont understand the reserve part.. posted by junkyardog [162.158.62.210] on Saturday, January 13, 2018 at 16:15:37 :
It is a psychological thing. A lot of people see that an item has a reserve and they will not bid. The seller waits until just the right moment and removes the reserve. Chances are pretty good that it will open the flood gates and the sudden rush of bidding will drive the price past what the seller was hoping for.
Junior