Auction Reserves vs. No-Reserve Auctions

2018-07-20T20:55:50-04:00August 12th, 2018|Categories: Auctions|Tags: , , , |

Some items in an auction have what’s called a reserve price, and some have no reserve – but what’s the difference between the two? What is an Auction Reserve? An auction reserve is the minimum price the seller is willing to accept for an item. In this type of auction, the seller is only obligated to [...]