Re: IML: NO RESERVE 1950 Imperial on ebay

[Nat Hall <nathall@xxxxxxxx>]

>Looking through the Imperial listings on ebay.
>
>
>
>There is a 1950 (or 1954) Imperial for sale and the biggest selling point
>seems to be that there is no reserve price.
>
>
>
>However, the starting bid is $2500 which no one has met. Isn't this a
>reserve price or is my understanding of English faulty??
>

Your English is fine, it's just a technicality.

Typically, "reserve" prices on eBay are hidden from bidders.  Having a
"reserve" price indicates the starting bid is low, but that you have to not
only outbid all other bidders but also bid higher than the reserve (an
amount typically unknown).

A starting bid is just that: a starting bid.  I suppose it is a reserve of
a sort, but eBay will not let you bid lower than a starting bid. You can
bid away to your heart's content and never outbid a hidden reserve.


-------------------
Nat Hall
1982 Imperial Coupe
1987 Chrysler New Yorker
http://newyorker.digital-forever.com
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