I’m in Australia and I have an old and valuable chair that I want to sell. One of these chairs sold for $12,000 in the US a few years back, and it appears that they don’t come up often. The chair is too heavy to freight overseas – it is made substantially from stainless steel, has a substantial pedestal base and weighs around 50kg.
I don’t expect to get $12k for mine, but I’d hope that it would not sell for a ridiculously low price. If I sell at traditional auction I get slugged by fees, and it will sell for what it brings on the day. I would like to sell on eBay with a reserve and have lower fees but, according to the AUS ebay site, selling with a reserve price is only available for vehicles listed in the Cars, Bikes, Boats category. This precludes my chair.
I’m a very irregular user of eBay and can’t work out how to make sure it doesn’t sell for $50 on account of not having a reserve. I’m happy for the chair to sit there for a few weeks and also content to set a reasonable “Buy It Now” price. How do I make sure it doesn’t go for a song if I’m not able to set a reserve price?