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Examples of reserve price in a Sentence
Recent Examples on the Web
The jersey, on sale with Graham Budd Auctions last week, remains in Anderson’s possession after failing to reach its reserve price of around $40,000 (£30,000), but the whole collection reached a hammer price of roughly $180,000 (£135,335).
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George Ramsay, CNN, 7 Oct. 2024
With a live auction that will be held with a reserve price of a couple hundred dollars, as well as a silent auction with bidding starting at just $20, even those not local to Santa Barbara can get in on the action with items that will be available to preview online.
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Kristin Guy, Sunset Magazine, 30 Sep. 2024
The first lot is for the sale of the entire collection with a reserve price of $1 million and an estimate between $12 million and $30 million.
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Francesca Aton, ARTnews.com, 20 Sep. 2024
The youngest couple and clear favourites to win had one of the highest reserve prices of $3.35.
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Alexandra Koster, refinery29.com, 18 Feb. 2024
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Word History
First Known Use
1919, in the meaning defined above
Dictionary Entries Near reserve price
Cite this Entry
“Reserve price.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reserve%20price. Accessed 7 Feb. 2025.
Legal Definition
reserve price
noun
: a price announced at an auction as the lowest that will be considered
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