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reserve is a (MYSTERY!)....jeez!

an auction for this 1990 "no s" lincoln...they've not hit the reserve yet...

so i inquire about the "reserve price"

i'm paraphrasing but his answer was this...

"you'll just have look at what they have been selling for to make your best guess"

so i told him "i'm a sniper type.......would you not like it if i bid and missed your reserve by 10 bucks?...if indeed he wants to sell it?"


i hate "secret reserves"........................................end of rant!image

Comments

  • "i hate "secret reserves"........................................end of rant!"

    So do I.

    "Everyday above ground is a good day"

  • <<i hate "secret reserves">>

    image
    Retired U.S. Army Paratrooper 1977- 1992 Served Proudly. 100% DAV
    All The Way - And Then Some
    I collect Modern Commemoratives
    and anything Franklin.
    image
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    They're only shooting themselves in the foot. By not divulging their reserve, they may as well say "Yes, I don't want to maximize the winning bid and I'd rather discourage interested people from bidding."
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭
    I hate this as well! Such a friggin waste of my time and the sellers time! I just don't understand how some of these sellers can be so stupid as to not let the reserve price be known! If the reserve is not hit then then it just will not sell. I remember asking one seller and then not getting any replies so I just said "Screw em!" If they don't really want to sell it then I don't want to buy it!

    The alternative is to just sit there and bid and bid and bid until you finally hit the reserve. Of course then you're likely to get talked about on this board where someone want's to know if you are a schill bidder or not! image


    For that particular coin, I'll bet if you dropped a 7 grand bid that you'd hit that reserve. If not, at least you'd know about where it might be. Those bids all show up as Bidder1 thru X so its not like someones gonna know you're bidding on it.

    But then, you probably don;t want to play the sellers game which I can understand.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!

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