What does NR! mean

ejaggers · #1 02-19-2010, 12:39 PM

I keep seeing "Bass GUITAR STRINGS Electric NR!", on ebay. What does NR! mean?

reedo35 · #2 02-19-2010, 12:42 PM

No Reserve Price, which means the seller will accept any and all bids.

jetlaggemini · #3 02-19-2010, 12:42 PM

no reserve. a reserve is a min price that the auction has to get to in order for the item to be sold.

Tumeni Notes · #4 02-19-2010, 12:44 PM

It means "No Reserve". In its intended use, it means that the seller has not set a minimum price for the product. Thus, if you see a bass guitar (or anything) with a starting bid of $.99 with no reserve, it means that if you are the high bidder at $4.00, you win the bid.

The funny thing that some people start the bidding at $1,200.00 and then tout "No Reserve".