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.
UP FOR AUCTION AN ORIGINAL INVITATION FROM 1992 TO THE CHEERS PARTY. ANY CHEERS COLLECTOR WILL LOVE TO HAVE THESE. THE ORIGINAL INVITATION STATING TIME, STAGE,ETC IS OF HEAVY PAPER WHEREAS THE ORIGINAL CHEERS INVITE TO "GET INTO" THE STAGE 25 IS HEAVIER CARDBOARD MATERIAL. EACH HAS A PIN HOLE SIZE ON THE TOP FOR WHEN IT WAS DISPLAYED IN MY COLLECTION ROOM. THESE ARE NOT COPIES AS I ATTENDED THE PARTY AND KEPT THE INVITE AND PASS. HAPPY AUCTIONING