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Re: **ADvisory---Notice of intent to AUCTION meteorites**



> I always thought that  "reserve" and  "minimum opening bid" were 
>  exactly same thing.   No?   What's the difference?    Gregory

Hello Gregory,

With reserve bidding, the minimum price at which the item will sell is hidden,
though as Mark pointed out, sometimes a seller will provide that info if asked
(in which case, why set a reserve)?

A "starting bid" is not hidden.  If you are the first bidder, you simply enter
that as your bid.

Again, what is the purpose of a reserve?

-Walter

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