A reserve price is the minimum price the seller will accept. This price is hidden from bidders. To win, a bidder must have the highest bid and have met or exceeded the reserve price.
You are bidding on a first year 40 % silver Eisenhower Memorial Dollar (1971) in VG condition and enclosed in an attractive plastic case. This coin was given to me in 1971 by my mother who was a bank teller at the time. The coin was a bank promotional gift for new customers and they were newly minted coins that the bank acquired for the promotion.