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.
JUST SO YOU KNOW, I DO NOT KNOW ANYTHING ABOUT STAMPS OR GRADING THEM, I INHERITED THEM QUITE AWHILE AGO AND AM SELLING THEM TO PAY BILLS. I CAN TELL YOU THAT THEY ARE IN VERY GOOD CONDITION WITH NO RIPS OR BENDS.AND I HAVE QUITE A FEW OF THEM, I WILL BE PUTTING MORE ON . THANK YOU FOR LOOKING AND HAPPY BIDDING.