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.
These syrup filled wax bottles are an all time favorite. Originally manufactured by Glenn Confections in Buffalo, NY, Nik-L-Nip was sold to American Candy in Alabama, then to Concord Confections in Ontario, Canada. It is now owned by Tootsie Roll Industries. The age-old question is "How do you eat a wax bottle?" Bite the top off and enjoy the sweet flavored candy syrup. Some people even enjoy chewing the bottle!