Selling My 63 Crown Convertible - How can I find what it is worth?
From: "Steve B." <imperial59@xxxxxxxxxxxxxxx>
Date: Mon, 8 Mar 2004 18:59:55 -0500
Placing a high reserve will often discourage bids, while allowing the
bidding to set the market will often result in a selling price that is
higher than expected.
Paul
Why would a high reserve discourage bidders? One doesn't even know if
their bid is going to meet the reserve until after they have made the
bid. I have found that you have the best luck starting the opening bid
somewhere low (couple thousand) and set a reserve that you can live
with.
Steve B.