Ebay Bottom Feeders ? Why

Well said...I have a buddy who sells the same kinds of stuff on ebay that I do. He was always putting reserves on the items (and too high for that matter) and then complaining that he couldnt get anything sold. The kicker was that he was paying the reserve listing fee, and when his item didnt sell, the listing fee stuck (I think it gets credited if the reserve is hit?). I kept telling him to start at either 99 cents or $9.99 and let the bidders go crazy.

Up Grade Their Liquor Cabinets That Was Funny Thanks, I needed that.

Did you try selling the coin here?

I agree that it's a way to segregate between watched items and items you might want to bid on later.

One other advantage is that if it doesn't sell and the seller wants to relist or send out second chance offers is that you'll get notified. I once bid on an item and it still didn't meet the reserve but got a second chance offer at my bid and bought it.

Thanks Jewellge, The second half of your responds Was very informative I would have never thought of that. Thank You.

Most experienced ebay buyers see "Reserve Not Met" and instantly assume that the seller wants too much money for the item. And most of the time, they'll be correct! If I happen to make the first bid in a reserve auction and see "Reserve Not Met", I'll usually just leave it at that and check the final bid price in My ebay after the auction ends.

I avoid 'reserve' auctions like the black plague, for anything, not just for coins.... Collector car auctions' reserves (for example) in my general opinion are a lot more 'out of line' than coin auction reserves. Several years ago, my uncle sold a collector car for thousands above its market value. His auction was headlined "No Reserve", and two similar cars on ebay at that same time went unsold and they had reserves. He found out later that one seller's reserve was lower than what my uncle's car sold for! The other cars got three bids and four bids respectively, but my uncle's car got 33 bids.