[78-L] ePoo Reserve Prices (was Q.R.S. discs)

[Cary Ginell]

You'd better check your Joe E. Brown and Luise Rainer listings. Both of them look suspiciously like John Barrymore...

Cary Ginell

> Date: Sun, 19 Jun 2011 10:43:23 -0400
> From: dlennick at sympatico.ca
> To: 78-l at klickitat.78online.com
> Subject: Re: [78-L] ePoo Reserve Prices (was Q.R.S. discs)
> 
> Thanks for the reminder!
> 
> http://cgi.ebay.ca/ws/eBayISAPI.dll?ViewItem&item=200621729765
> 
> dl
> 
> On 6/19/2011 10:31 AM, agp wrote:
> > I have never quite understood the purpose of reserve price. If that
> > is the minimum you are willing to sell for, the make it your minimum
> > bid starting price. Past that I see it as a time waster.
> >
> > Here's a case in point: A recent listing of the Canadian pressing
> > (and rare as all hell) Decca 45 of the Beatles' My Bonnie (Decca
> > 31382) was listed with a starting bid of 99 cents, with a reserve. By
> > end of auction time it went to $4,500. It didn't sell, because even
> > at this price, the reserve was not met. The record was then relisted
> > with a minimum bid of $14,500 (ten grand more). Generally speaking,
> > this item has sold for about $5,000 in the past. So what was the
> > point of the reserve, in particular if it was as high as 14K.
> >
> > There was a similar go round with a rock'n'roll 78 that generally
> > commands a price of around $50. Highest  bid that came in was about
> > $45. It never sold, and the guy still re-listed it and still used a
> > reserve, as it didn't sell the second time around either
> >
> > T
> >
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> >
> 
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