HipStamp requires that the items that are supposed to go on the 1c no reserve have a high-enough price rounded up and with a .39 ending while they review it. The listings, as I have learned, are then removed, and converted to Auction listings with a 1c starting price.
They had recommended a percentage high enough that they wouldn't be bought before they went to the no-reserve.
The listings below are now supposed to start at 1c with new numbers:https://www.hipstamp.com/listing/txphl/22434559
- Monaco 1500 Perfhttps://www.hipstamp.com/listing/txphl/22434558
- Monaco Imphttps://www.hipstamp.com/listing/txphl/22434541
- France Coins DatÚs Block
This was very confusing to me, as I captured the listing ID when I created them with the API, and when I went to look at them after crashing for 12 hours, I saw they were closed. I didn't really think someone snatched all 100 up.
In the end, they ended up splitting half to the HipStamp 100th No Reserve, and created a debut event for me. I worked very hard on picking 100 items for the 100th auction all related to "100" - and then they only chose 50 :(
Anyway, it's about $6000 CV (higher with Maury/Michel) so my worst-case scenario is $1 in sales - HipStamp's commission.
Not sure why the listings aren't just converted and the price modified down to 1c or why not just lock them and make them invisible, but hey, I'm learning (as you saw from my first eBay
I've gotten feedback from a few folks here - thanks so much for that. I don't like filling up listings with legalese and all that, but it appears to be a necessity, as I've browsed through several reputable (and not so reputable) dealers and about 80% of the text is dedicated to disclaimers, shipping, policies, etc...
LOL - I'm not on vacation, going to DC for work (my other job) and won't be able to mail the 100 lots until 2 days after I come back.