Seller and “ no reserve” and “ minimum bid” listed??


I see an item I am interested in but am confused by the seller listing the item as” No Reserve” but has a price listed as “ Minimum Bid”. I thought no reserve meant highest bid takes item. 

tooth2th

Also this is a way for the sellor to get his minimum price  hopeing other people will also bid on the item before the auction ends without useing a buy it now price which might be to high that no one wants to bid on the item..

 

In auctions the No Reserve amount is hidden. The seller may have chosen an opening bid amount of, say, $50, and a Reserve amount of $100. When a bid is placed for less than the Reserve amount a notice comes up stating the reserve has not been met. The Reserve amount is not revealed until a bid is placed for at least that amount.

 

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Wouldn’t “no reserve “ mean no reserve nothing hidden . I realize a Reserve is hidden in most auctions but no reserve I thought meant any bid as long as it was the highest bid?