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Reserve PriceAuctionsForBusiness on Wed, Sep 29, 2004 12:57 AM A reserve price is a value that an auction owner would set for their product or item that must be met before that auction can be won by any bidder. A reserve price is a value that is hidden from the bidding process, and will inform bidders when the reserve price has been met.
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Official Time: Thu, Nov 18, 2010 10:44 AM GMT2