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 looking at Georg Jensen sterling silver (.925) earrings. These wonderful earrings are called "Forget Me Knot". These earrings are new and never been worn. I do not have the original box. They will be shipped in a cotton padded gift box.