[geeks] Bah, humbug

[Charles Shannon Hendrix]

Mon, 02 Apr 2007 @ 11:07 -0700, Geoff Reed said:

> what people are referring to as a "secret reserve" is the reserve
> option.  it is secret in the fact that until the reserve is met it is
> not shown to anyone but the auction creator.

Oh good grief... I thought they were talking about something truly
serious, like the bidder not knowing the reserve existed at all.

That *IS* happening on some antique auctions, and has people pretty
angry.


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