With Out Reserves
Auctions with out reserves are the best kind of
auctions. A reserve that is set an auction means that the item requires a certain monetary limit to be met
before it can be sold. I don’t like auctions with reserves because they are tricky. Probably the best place to
find these types of auctions is Auctionresource.org.
Think of it this way when you hit up an auction
and you start bidding on an item it may say that there is a reserve that has to be met, but ultimately that
reserve is never disclosed. So there you are bidding away happily winning way ahead of the pack and bam you are
hit with at the end of the day “reserve not met”. What a time waster!
No Reserve or auctions without reserves are like
music to my ears. When there is no reserve it means literally that you can win that auction for one dollar if no
one else is bidding and zero is the beginning bid.
It opens a whole world of possibilities. It means
that you can save money on wanted items like you can save no where else. They are exciting and fun to
Auctions without reserves can be a bit hard to
find for luxury items, vehicles and even some electronics. Typically auctions without reserves are coming from a
company not a person.
Most people gauge the items that they are
auctioning off to be far more valuable then they actually are and put reserves on their items. I understand it
to mean that the person really did not want to auction the item off that they wanted to sell it outright and
hoped that they could get more money than they actually wanted for the item by going to auction with it.
Art, Collectibles and Other High End
Typically auctions without reserve are not going
to be found for certain items. Items that have a value that is well known placed on them always will have a
reserve. For example a valuable piece of art or a baseball card that is valuable or much sort after will always
have a reserve.
Most antiques and estate jewelry is going to be
auctioned with a reserve which is actually quite sad since auctions without reserve offer a much better chance
of the item being sold.
If you really want to save some cash than search
for auctions without reserve. You can save a lot of time in your search by using a service like Auctionresource.org.