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What is a No Reserve Auction (NR)?
No Reserve Auction
In this type of auction, buyers bid until the auction ends. The item will sell to the highest bidder at the end of the auction period. Bidding starts at $1, and the seller must sell the item to the highest bidder.
Reserve Price Auction
These auctions are what people experiences at house auctions, where there is a hidden reserve price that must be met before the item can be sold.You will notice there is a yellow "Reserve Not Met" sticker which means the reserve has not been met. You can read more about reserve price auctions here.
How do our No Reserve Auctions work?
In this type of auctions, buyers bid until the auction ends.
Bidding starts at $1. The item will be sold to the highest bidder.
Are you ready? Take these easy steps and start your bidding journey:
First, head to our no Reserve category.
Find the item you wish to bid on.
Set your maximum bid.
Don't have time to watch the auction closely? Relax. Our system will bid for you up to your max bid.
If you're the highest bidder, you're the winner.
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