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. Reserve Price NOT Met- The current amount of the highest bid is below the reserve price and the item will not sell at auction close. If the seller as set a Reserve Price you will see either a "Reserve Price NOT Met" or "Reserve Price Met" message on the listing page depending on whether the current bid is below, or at or above, the reserve. A reserve price allows the seller to start the auction with an opening value below the reserve price to initiate bidder interest and determine the fair market value of an item. The Reserve Price is higher than the Opening Value. In a Reserve Price Auction, the seller has set a Reserve Price, which is a price below which the listing will not sell.
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