"Geoffrey S. Mendelson" wrote:

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.

Probably some Liberal/Democrat/Marxist/Socialist!

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.

--
Geoffrey S. Mendelson, N3OWJ/4X1GM
My high blood pressure medicine reduces my midichlorian count. :-(