What works best depends upon the group of people interested in your auction.
Unfortunately you have no way of predicting that. The ideal situation is
just like a conventional auction; two or more stubborn bidders with more
money than common sense. /jmac
-----Original Message-----
From: olympus-owner@xxxxxxxxxx [mailto:olympus-owner@xxxxxxxxxx]On
Behalf Of Jez Cunningham
Sent: Thursday, March 10, 2005 5:28 AM
To: olympus@xxxxxxxxxx
Subject: [OM] Re: Reserve prices on that site Was: Jez's OM gear for
sale
Well I'm new to ebay selling but it always seemed to me in live auctions
(you know, where you buy cattle and antiques) that if everyone knew that
someone would be happy with X (his reserve) then they'll not bid much
higher. I realise now that ebay is NOT like a real auction and I guess I
tend to agree. But I really don't know the strategy to follow about setting
a reserve next time... Some say don't put in a reserve but make your
opening bid at that price. ??
br
jez
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