giving my Reserve Price (via personal msg) to a possible bidder

[7606dennis]

---

@fine_find wrote:
The high bid is just over what the previous high bidder's amount was. It does not shoot up like that no matter how much you wish it would. Been there done that, so I know. I have bid higher than the reserve price but the bid showing was just over the next highest bid which was well below the reserve price. It does not go up to my highest amount unless other bidders keep bidding and trigger the automatic to bid again.

---

Actually, that is how it works.  If you placed a bid that met or exceeded the reserve, the current high bid would immediately go to the amount of the reserve and the "Reserve Not Met" changes to "Reserve Met."

[coolections]

---

@fine_find wrote:
The high bid is just over what the previous high bidder's amount was. It does not shoot up like that no matter how much you wish it would. Been there done that, so I know.

---

@fine_find

Yes it does shoot up like that. The high bid can shoot up from beating the current bidder of $12 all the way to meet the reserve at $350 in one click. It does not take another bidder to shoot the price up.

[robot-hands]

I have no idea why people even run auctions anymore....unless it is for something like a recently discovered, never seen, Jackson Pollack painting.

Why grind out a handfull of dollars over a week? Just pointless.

[the*dog*ate*my*tablecloth]

Auctions can still make sense for vintage collectibles where there is no recent benchmarks. Most vintage sellers are not experts in every niche and could leave money on the table.