A reserve price is the lowest amount a seller is willing to accept for an item.  If an auction closes below the reserve price, neither buyer nor seller is required to complete the purchase.  The reserve price is typically higher than the starting price of an auction.

Public Surplus will not disclose the reserve price to buyers at any time.  For auctions with a reserve price, we will display a message next to the current price on the auction page telling you whether the reserve has been met or not.