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E-Bay question

Discussion in 'The Smoking Lounge' started by smokerpipe, Nov 4, 2012.

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  1. smokerpipe

    smokerpipe Member

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    I just bid one Savinelli pipe. I'm a highest bidder, but one message confuse me:

    You're the highest bidder but the reserve price has not been met.

    Can somebody explain to me what's that mean?

    Thank you!
     
  2. DocB

    DocB Active Member

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    It means the seller has a minimum price he will accept for the pipe, and your bid is still lower than that asking price.
     
  3. phinz

    phinz Active Member

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    It means the seller has set the reserve higher than you have bid. A reserve is a minimum price the seller is willing to accept for an item. The amount you've bid is less than the seller is willing to take for the item.
     
  4. WrightwoodJohn

    WrightwoodJohn Wrightwood expatriate

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    what Doc said. (and phinz)
     
  5. t-bear

    t-bear Well-Known Member

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    What Doc, Phinz and WWJohn said (?)
     
  6. smokerpipe

    smokerpipe Member

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    So, how I can know which is really price of pipe?
     
  7. DocB

    DocB Active Member

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    Raise your bid till you meet the reserve. I tend to shy away from reserve auctions. Many people do.
     
    Tony Malerich likes this.
  8. krusty

    krusty Active Member

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    Keep placing a higher bid 'til the message goes away (-;
     
  9. krusty

    krusty Active Member

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    This.

    I'll often bid a penny just to make it easy to see what they eventually go for.
     
    Trauma likes this.
  10. smokerpipe

    smokerpipe Member

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    Agree with that.
     
  11. MikeInMaine

    MikeInMaine Well-Known Member

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    I don't understand the idea of a reserve price. Why not just start the bidding at your lowest acceptable price. If you wont sell for less than $200.00 why start bidding at .99?:confused:
    I avoid reserve auctions.
     
  12. Old Codger

    Old Codger Well-Known Member

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    At car and art auctions if there is no activity the owner will often drop the reserve if he wants out of the piece enough. Patience can pay. I've also seen the bidding get go way past the reserve after it's been dropped.
     
  13. Yankee Bill

    Yankee Bill Member

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    You can also just email the seller and ask what it is. I've seen some auctions that say what the reserve is in the description.
     
  14. smokerpipe

    smokerpipe Member

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  15. PipeWife

    PipeWife Active Member

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    eBay's listing fee structure.
     
    phinz likes this.
  16. krusty

    krusty Active Member

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    Could ya elaborate for those of us that are TOS challenged (-:
     
  17. Goat

    Goat Active Member

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    Nice looking pipe. Don't be suprised if it goes for over $50.00
     
    Stonewall likes this.
  18. PipeWife

    PipeWife Active Member

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    Under $1 is lowest listing fee, so many things will be started off at $0.99 to minimize upfront listing cost. eBay also takes a chunk of final price, from what I recall. I stopped selling on the evilBay about 5 years ago or so, because the fees were getting a bit too much. Someone with more current experience could give better details.
     
  19. krusty

    krusty Active Member

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    Hmm, I was thinking you meant the fee structure would 'splain why folks would use a Reserve.
    Especially for something like the Punto Oro in this thread. Nice pipe and all but I betcha dollars to donuts the seller has a reserve well over the $50 mark Goat mentions.
    I've seen time and again pipes go waaaay past their reasonable value as a result of emotional bidding wars, but.... those instances seem to invariably happen in listings that started at $0.99 or such. Not so much on the listings for reasonably common items that have a reserve.
     
  20. Goat

    Goat Active Member

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    This is why I don't bid on reserve auctions.
     
    krusty likes this.
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