Comments on: John Henry Belter Cornucopia Sidechair http://rarevictorian.com/2009/10/john-henry-belter-cornucopia-sidechair.html The definitive Victorian antique furniture destination Thu, 19 Apr 2012 22:07:52 +0000 hourly 1 http://wordpress.org/?v= By: woodwright http://rarevictorian.com/2009/10/john-henry-belter-cornucopia-sidechair.html/comment-page-1#comment-2608 woodwright Fri, 16 Oct 2009 05:52:00 +0000 http://rarevictorian.com/?p=3338#comment-2608 The chair sold for $4,900.00. A couple of bidders asked what the reserve was but the seller refused to disclose it. I cannot understand the game of having a hidden reserve and not disclosing it when asked. I understand the idea of a low starting bid w/ a reserve - to encourage bidding and get bidders emotionally attached to your item, but I just can't grasp why a seller would not disclose their reserve when asked. That game bothers me. I generally won't even bother bidding on something if the reserve is not disclosed (at least when asked) - probably mostly because of principal and the game that is being played by the seller. What's the point of a secret/ unknown price? To me it's like walking into a store to buy something - no prices are shown, you take your item to the counter - and put your money down and wait to find out if you have enough, if it is within your budget, or even if it is grossly overpriced. I don't get it at all. woodwright The chair sold for $4,900.00.
A couple of bidders asked what the reserve was but the seller refused to disclose it. I cannot understand the game of having a hidden reserve and not disclosing it when asked. I understand the idea of a low starting bid w/ a reserve – to encourage bidding and get bidders emotionally attached to your item, but I just can’t grasp why a seller would not disclose their reserve when asked. That game bothers me. I generally won’t even bother bidding on something if the reserve is not disclosed (at least when asked) – probably mostly because of principal and the game that is being played by the seller. What’s the point of a secret/ unknown price? To me it’s like walking into a store to buy something – no prices are shown, you take your item to the counter – and put your money down and wait to find out if you have enough, if it is within your budget, or even if it is grossly overpriced. I don’t get it at all. woodwright

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