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    Re: C. Plath Navistar Classic On Ebay
    From: Doug Royer
    Date: 2006 Apr 6, 16:02 -0700

    Paul wrote:
    
    I wonder how real this offer is. The item is priced at a ridiculous
    starting bid at $25,-, but with a hidden reserve. Dealers often use this
    trick to find out what prospective buyers are willing to bid, without
    having to commit themselves. After all, the reserve could be any
    ridiculous amount and the bidders might never find out. If the seller
    wants to achieve a certain minimum price, why does he not set the
    starting bid there? This would be more sincere than this whole reserve
    business.
    
    
    Actually that is the way most reserved auctions are set up on ebay. I've
    seen some start at $1 or $5.00 and finally, 7 -10 days later, being
    legitimately sold for $$$$$$ after surpassing the vendor's minimum price.
    It's a way to hide the minimum price the vendor will settle for in case
    he/she decides to put it up for auction again without tipping anyone off to
    his/her minimum.
    I know for a fact that that vendor (mymary) is a very legitimate vendor, has
    real world experience using the equipment sold, who vendors in a lot of
    auctions online and has a real nautical equipment store in south Florida.
    So, I'd say it's a legitimate sextant and a legitimate auction.
    
    
    

       
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