Yes amazing isn't it....
Reserves are used because then you can set a lower price to start with which
saves a few pennies in the listing fee.... but I agree that it is a waste.
Larry Zasitko
> I think it's amazing that the reserve is so high.
>
> Reserve auctions always strike me as anticlimactic. When I'm selling
> costly things, I set the starting price to what I consider the
> 'reserve' price to be. I think it's just fairer to those bidding. It's
> lame to get all excited and spend a lot of time bidding just to be
> foiled by a really high reserve.
>
> -awc
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