Quote:
Originally Posted by Hemmi
If you're going to use a resever price, by all means list it in the auction details! It's simply the minimum you're willing to accept, why let it be a big secret? That way, people know if they're wasting their time or not by entering a bid.
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From what I understand it works both ways. If the reserved secrete price is lower than the last bid. That last bidder gets it for the lower reserved price.