A reserve price can be set for items that have a minimum expected revenue of €200. The reserve price is a hidden minimum price that a seller is willing to let their lot be sold for. If the reserve price has not been met once the auction ends, the lot will not be sold. Sellers then have the option to resubmit the lot in a new auction after having revised its reserve price.
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?
- 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 auctions have different minimum estimated lot values?