I have seen this scenario many times, where a seller sets a high opening bid, and nobody bids. Then the next week they do the same thing, with a slightly lower opening bid, and again nobody bids. After a while, the listing is stale. I have gotten some good watches in situations like this. Sellers sometimes don't understand the benefit of starting an auction low to get some momentum going. With a $0.99 opening and no reserve, this watch could go for $800. Wouldn't surprise me.
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