During the lot submission process, you'll be asked whether you would like the bidding on your lot to start at the reserve price, 60% of the reserve price or €1. A reserve price can be set on a lot that has a minimum estimated value of €200 and is set in consultation with an expert before the lot is approved for auction. We support all three options as some sellers prefer not to reveal the reserve price to bidders. By starting the bidding for your lot from its reserve price, we've seen that the chances of selling your lot are increased. Once the first bid has been placed, your reserve price will be met, meaning it is likely your lot will sell for an even higher amount.
Articles in this section
- Can a minimum selling price (reserve price) be applied to a lot?
- I have a valuable individual piece. Is it suitable for auction?
- What is the new ‘start bidding from 60% of the reserve price’ feature and how does it work?
- Can Catawiki provide an estimated value of a lot?
- Why should I choose for the bidding to start at the reserve price instead of €1?
- Why do some lots (even with a reserve price) have a starting bid of €1?
- Why is there a minimum expected lot value for some auctions?
- Why do some auction categories have different minimum estimated lot values?