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.
This was just sold to someone in the Netherlands, who likes to bid, but doesn't want to pay, so here it is again....There are TWO looms here, box reads DAVIS NEW ADJUSTABLE LOOM, for weaving with loopers and yarn. It is mfg'd by H. DAVIS TOY CORP, BROOKLYN, NY. I don't know if everything is complete, I have shown lots of pictures for you to see. Box weighs 3 lbx, and shipping cost includes insurance.