Selling on eBay, can I set a secret minimum price?
I want to auction some items on eBay. Is there a way to set a secret, unknown minimum, so if the bidders do not meet it, the item will not be rewarded to the “highest bidder” and fees charged?
Example, I have a diamond ring, and I want at least $500 for it, but the bidding only reaches $200. Can I set a preference so that it doesn’t sell, or do I have to cancel it myself but end up eating the “Final Value fees”?
It sounds like you want to set a reserve price on your item. Here is the How-To page From Ebay:
http://pages.ebay.com/help/sell/reserve.html
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