Question on ebay bidding?

[Ann]

For the most part, you're going to get garage sale prices on anything that you sell on eBay. Even if the item is in brand new condition and is still in the original packaging, you may only get 1/2 of what you originally paid for it. There are some antiques and collectibles that sell really well, but you have to have something really special or else you're not going to get much for it.

Sellers can set a reserve price and they don't have to sell it unless it to you unless it reaches that amount. If there are more than 12 hours before the auction ends, they can cancel of the bids on it and end the auction early. They may decide to do that if they aren't getting as many bids as they had hoped. eBay frowns upon this practice, but a lot of sellers do it anyway.