Bidding
What is a reserve price at auction?
A reserve is the seller's confidential minimum — the item doesn't sell unless bidding reaches it. On Hunters the item page always tells you where you stand ('Reserve met', 'Reserve not yet met', or 'No reserve — sells to the top bid'), sellers can remove a reserve mid-auction but never raise one, and no-reserve lots are badged because they're the ones guaranteed to sell.
How it works while you bid
The reserve amount is never shown — only its status. If the auction ends with bidding below the reserve, the item passes in: no sale, nobody owes anything, and the seller can relist or drop the reserve next time. If bidding meets it, the normal rules take over and the highest maximum wins.
Reserves only ever come down
A seller can remove their reserve at any moment while the auction is live — every bidder and watcher is notified, and the lot instantly becomes a guaranteed sale, which often restarts a stalled bidding war. What a seller can never do is raise a reserve or put one back: the floor under your bids can only disappear, never rise.
In the final hours
Sellers whose bidding sits just under the reserve near the close are prompted with the numbers — how short, how many bidders and watchers — and the one-tap option to remove it and sell tonight. Many do; a bid that's 90% of the reserve at 6pm is usually worth more than a relist next week.
More guides
- How does proxy bidding work at an online auction?
- Is there a buyer's premium at Hunters Auctions?
- How do winner's deposits work at auction?
- What happens if an auction winner doesn't pay?
- Can a seller cancel an auction or withdraw an item?
- Is it safe to buy second-hand goods at an online auction?
- What is a Power Bid at auction?
- How do I sell something at an online auction for the first time?
- What is an AI Hunter and how do saved searches work?
- How much does it cost to sell at auction in Australia?