The seller can set a reserve price - basically an unlisted minimum bid. There could be 200 bids, but if not one of them meets the reserve price, the item will not be sold.
by Doktor Evil - 8 hours ago
The buyer on eBay can set a price at which at item must reach to sell (a reserve). The item, even if bid on by eBayers, will only sell if this reserve has been met. The price, however, can exceed this reserve.
by cool - 8 hours ago
The seller set a minimum amount he or she would sell for and this amount was not met
by cameron - 8 hours ago
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