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.
Super nice old P & K, Bright Eyes Fishing Lure. The metal on the lure has rust and there are 3 big tooth marks accross his back where the lure did its job a long time ago. The lure still has a Luxon steel leader attached. The lure is 3 inches long. Nice!