Archived posting to the Leica Users Group, 2000/07/17
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Robert Jagitsch wrote: > (1) For photo equipment, don't use a reserve. You will always get > more bidders, and usually a higher price if you don't use a reserve. Maybe, but you also run the risk of having to sell your equipment at less than you had in mind. I prefer to set a reasonable reserve (=the lowest price I would be prepared to sell for). If it is exceeded, great, but at least I know I will not be forced into a crummy deal. > If you look at current auctions, you'll see many people that have "NO > RESERVE" but put the first bid at $2000. This rarely attracts very > many bidders. I agree with that. I put the first bid at something trivial relative to the value of the item. That first bid is crucial to getting things started. Nathan - -- Nathan Wajsman Herrliberg (ZH), Switzerland e-mail: wajsman@webshuttle.ch General photo site: http://belgiangator.tripod.com/ Belgium photo site: http://members.xoom.com/wajsman/ Motorcycle site: http://www.geocities.com/MotorCity/Downs/1704/