You may lower the reserve price on an item in any category as many times as you like, as long as the reserve price has not been met and there are at least 12 hours left on the listing. When a reserve price has been lowered, all bidders are automatically notified by email.

A seller can lower the reserve price from the listing page, My eBay, and the Revise Your Item page.

If a seller lowers the reserve below the high bidder's maximum bid, the high bidder's maximum bid will be lowered to Re.1 below the new reserve price. The seller's new reserve price will be revealed to the high bidder by email. This lets the high bidder to confirm they are still interested in the item.

When a seller lowers the reserve price eBay lowers the maximum (proxy) bid. When the maximum bid is lowered:

• A bidder must bid again to meet the new reserve price.

• When a seller lowers the reserve price, eBay lowers the maximum (proxy) bid Re.1.00 below the new reserve price.

• A bidder must bid again to confirm interest in the item since the high bidder may have bid on another item when that bidder did not initially meet the reserve price.

• The high bidder is not bound to purchase the item; the high bidder must either bid again at or above the new reserve price.

Second Chance Offer can still be used on the listing after the reserve price is lowered. The rules for Second Chance Offer do not change by lowering the reserve price.

Removing Your Reserve Price

You can adjust your Reserve Price through the "Revise Your Item" process as long as 12 hours or more remain in your listing, whether or not any bids have been placed on your item.

If a seller decides to remove the reserve, the reserve price will be lowered to Rs.1 above the current high bid. The next bid that is placed will meet the reserve. This is done to confirm that the high bidder is still interested in the item.

Note : To keep eBay a safe place for buyers and sellers, eBay limits the display of bid history information. User IDs appear as anonymous names throughout the duration of the auction, even if you lower the price.

To remove your reserve price, go to the Revise Your Item page.