Question to toss out to other members. E-bay auction Reserves. I ask a seller what the reserve and the replay was "why have a reserve if I tell everyone" my question was "why hide the reserve price" As far as I can see the reserve is only a way of not haveing to sell a $100 itme for $5, but why not just put in a higher min opeing bid?
What purpose doe it do to hid the reserve price?