[LargeFormat] How to pay German shops

[Stan McQueen]

At 12:00 PM 6/19/2003, you wrote:
>And yes, there is no 'reserve' which I consider as an absurd
>concept anyway - an appropriate starting price makes far more sense.
>
>Marco

I agree with you in principle, but, in practice, I have seen studies of 
eBay bidding patterns which indicate that bidders are far more likely to 
bid on items that have a low starting price. Once bidding, momentum keeps 
some bidders going until they may end up paying more than retail for a used 
item. Not necessarily good for the buyer, but as a seller I've never turned 
the money down. So even if I want to sell a camera (for example, a Zone VI 
4x5 field camera, just to keep somewhat on topic) for several hundred 
dollars, I will start the auction at $1 and set a reserve price to protect 
my interests.

Stan

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