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 IS A VERY OLD HOBNAIL TABLE LAMP. IT HAS A 10" OPENING ON THE BASE OF THE SHADE, THIS SHADE IS 11" ACROSS ON ITS WIDEST PART. IT ALSO HAS A 5" HOBNAIL GLOBE. THE BASE OF THE LAMP IS ANTIQUE BRASS. RIGHT UNDER THE LOWER GLOBE IT HAS A SMALL WOODEN BALL. THIS LAMP STANDS 20 1/2" HIGH TO THE TOP OF THE RUFFLED CROWN AND 22 1/2" TO THE TOP OF THE CHIMNEY SHADE. RIGHT ON TOP OF THE LOWER GLOBE, IT HAS A SMALL METAL CUP THAT HAS A LITTLE DISCOLOR ON IT. ( PLEASE SEE PICTURES). THERE ARE NO CHIPS OR CRACKS AND NO RESERVE. THIS LAMP IS NICE AND STEADY.