“No Reserve Auction” refers to the absence of a minimum price or a predetermined floor price for the item being auctioned. When an item is listed with “no reserve,” it means that there is no minimum price that must be met for the item to be sold. From the seller’s perspective, listing an item without […]
View Full PostWhat is a Proxy Bid? Welcome to the exciting world of auctions, where the rush of competition and the thrill of securing desired items can ignite your passion. A proxy bid is a term that you might be familiar with if you have participated in an auction. It can have a significant impact in an […]
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