What is a reserve price?
Some objects have a ‘reserve price’. This is a hidden minimum price which a seller is willing to sell their object for, set in consultation with the expert. Reserve prices may only be set for objects with an expected revenue of at least €200. If a reserve price has not been met once the auction ends, that particular object will not be auctioned off.
How do I know what the reserve price is?
As the reserve price (RP) is a hidden minimum, we are not able to share the reserve price before the auction ends. If you place a bid on an object with a reserve price and your bid falls below the RP, you will be notified immediately. Your bid will be shown in the bidding history. If you place a maximum bid that is higher than the RP, the first bid will automatically match the RP. If you place a maximum bid which falls below the RP, the full maximum bid will be placed and shown in the bidding history.
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