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Reserve price

I’d like to bid on an item with a reserve price (RP) and want to know the minimum bid amount.

Since the reserve price is confidential, we can't reveal it before the auction ends. If you place a bid on an item with a reserve price that is below this threshold, you'll receive an immediate notification. Your bid will still show up in the bidding history.

If you set an automatic bid that exceeds the reserve price, your initial bid will match that reserve price. However, if your automatic bid is below the reserve price, the full automatic bid amount will be placed and will appear in the bidding history.

Why do some lots have a starting bid higher than 1 AED?

Sellers have the option to start bidding at the reserve price instead of the standard 1 AED. This reserve price is set after consulting with an expert before the lot is approved for auction. We offer both options because some sellers prefer to keep the reserve price confidential from bidders.

I want to bid on a lot with a reserve price. What does this mean?

Certain lots may have a 'reserve price,' which is the minimum amount that the seller is willing to accept for the item. This price is determined in consultation with an expert and is kept confidential. If the bidding does not reach this reserve price by the end of the auction, the lot will not be sold.

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