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. Please be aware that our system will set this option for you automatically. This means that when you set a reserve price on your lot, that will be the price the bidding starts from. If you prefer that bidding on your lot starts at €1, you can select this option during the lot submission process. What is a reserve price? A reserve price is a minimum price that you are willing to sell your lot for. The reserve price needs to be agreed on by one of our experts before your lot can be approved for auction. Reserve prices are only set on lots that have a high expected revenue and estimated value of €200 or more.
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?