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Old October 14th 11, 02:18 PM posted to rec.radio.shortwave
Brenda Ann[_2_] Brenda Ann[_2_] is offline
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First recorded activity by RadioBanter: Aug 2009
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Default Drake R4245 Receiver - eBay



"Geoffrey S. Mendelson" wrote in message
...

dxAce wrote:

Did not meet the reserve. Final bid was $1918.94.

The 'Buy It Now' price was $2351.49.


Eventually someone is going to outlaw reserve prices. It is a form of false
advertisement, as you are implying by having a mimimum bid that if a buyer
bids the minimum, and no one else bids, they can buy the item for that
price.

Hidden reserve prices say that you really won't accept the minumum bid
you advertised, and you aren't even going to tell anyone what it was.

IMHO a dishonest seller and should be avoided.

Geoff.


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I see nothing dishonest about it. Each reserve auction has "RESERVE PRICE
NOT YET MET" in big red letters until it has been met.