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.