Quote:
Originally Posted by mc5aw
The flip side is that sellers are often barraged by want-something-for-nothing cretins expecting to steal an item for pennies on the dollar. I remember a few years back someone on this forum starting a thread bragging about just that: "stealing" a gun for a ridiculously low price. Needless to say, this clown was on my list to block for anything I was to offer for sale, at auction or here on the forum. Reserves can be insurance that a given firearm is not sold to some lowballer or opportunist. From a buyer's perspective, a reserve can also help guard against shill bidding.
Bottom line for buyers ---> Don't like the auction terms, don't participate in the auction.
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Both of those issues are solved by setting your starting price at the minimum you would accept for it. It's a very transparent process...