Reserve Price Met - The current amount of the highest bid is equal to, or greater than, the reserve price and the item will be sold. If the highest bid at the auction close does not meet the seller's Reserve Price, the seller is not required to sell the item unless the seller chooses to do so. In this case, the seller will have a period of 48 hours after the auction close in which to contact the highest bidder whose offer was below the reserve price. Bidders who are contacted under these circumstances, however, are under no obligation to purchase the item.
This way, the bidders are not forced to bid at fair market value from the start of the auction. Also, many sellers prefer Reserve Price auctions when they are not sure of the market value of an item, and want to find an audience by enticing multiple bidders' interest. In an Open Auction, buyers bid until the auction ends.
The item is then sold to the highest bidder at the end of the auction period. There is no reserve price in an Open auction. The seller must sell the item to the highest bidder. Bidding can start as low as the Opening Value minimum price or starting amount of the auction. Once the auction closes, email notification providing contact information is sent to the buyer and seller automatically so that arrangements for payment and shipment of the item can be determined.
A Dutch Auction occurs automatically on Major League Baseball Auctions when a seller has multiple, identical items offered for sale. The seller specifies the minimum price the Opening Value and the number of items for sale. Bidders can then bid at or above the minimum price for the quantity of items they wish to purchase.
Start winning games that we're supposed to win. And not lose games that we're not supposed to lose. He is with a 3.
He is with a 6. Moore was activated off the injured list Wednesday after spending a month on the shelf due to back spasms. For more information about our data practices consult our Privacy Policy. Phillies, Mets open four-game series with doubleheader The final day off before the All-Star break came at just the right time Thursday for the New York Mets, who needed to reset a bullpen overworked by a depleted rotation.
By FLM. To make the playoffs, the Phillies' easiest road will be through a division title, as the Cardinals have won 12 games in a row to take a commanding lead in the race for the second NL wild card. The Pirates will start lefthander Sam Howard on the mound Friday. He has a 5. He will be squaring off against righthander Kyle Gibson, who the Phillies acquired at the trade deadline.
Gibson made his first career All-Star game this season and will be a vital part of Philadelphia's playoff chances. He has a record with a 4.
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