While selling some products on eBay, how does the Reserve Price mechanism work?

Question

In case of an item with a reserve price, whats the bidding start price? ~ Thanks

Answer 1

Ebay offers a rather complete Seller’s Tutorial that explains how to get started, what it costs, and the mechanics of using the site. You can find info on all this, including Reserve Prices, here:

http://pages.ebay.com/sellercentral/inde...

Answer 2

It depends on what you set. Normally what you will see is the starting bid and under that is a note that (Reserve Not Met) -- that means the auction has a reserve price.

  

Take a look at this auction how the reserve price works

http://cgi.ebay.com/Fine-19th-C-Chinese-...

Answer 3

The bidding can start at 99 cents if you want. The reserve price is the lowest price you will accept for the item. Some experts say that this typically will scare off some bidders but if you do not want to take a loss or the item is of value to you then don't worry about it.