Originally Posted by
Magpie
For me, if its an item that I dont really care if I sell it or not, I list it with a starting bid at the lowest amount that I am willing to allow it to go for. If nobody bids that number, so be it. I keep it. But its true that this does rule out any chance of a bidding frenzy. The "dammit, I've been outbid! I'll show him, I'll go 10 dollars higher!"
I think reserve prices are good for some items, not so much for others. I would say the more expensive it is, the more reasonable having a reserve becomes.