it may be something worthwhile looking at to get an idea of
what the flute market is like in real everyday terms.
That being said, as an introduction to this thread, I will proceed
to the reason for this particular post.

Here's something I wondered about.
What are the chances of being able to win an auction by
bidding lower than the seller's asking price?
When you have an account there, you have the option of saving
lists on your home page. An important list is a "Watch List".
Normally, you can see items being auctioned but when the time is up,
it just goes away. If you had earlier put it on your watch list, then
you can look at the item later and see what it sold for. I was going
through my list to copy info I thought was important just for a record,
before deleting to shorten my list. The image above was from a flute
that sold almost a month ago. It sold for $300. which is less than what
was being asked for. It could have been that the seller wanted to sell
it, and was not too concerned about holding out for a specific amount.
So, here is at least one example where that "or best offer" worked out
to help the buyer. Not that many are listed that way. Generally what I
have seen for flutes is that most of the time, there will be just a
minimum starting bid. Sometimes that will be a nominal amount and
the seller adds a reserve, which is that they do not have to accept
any bids below that. I find that a little annoying after making a
bunch of bids in small increments trying to find what it is. I have
always quit first. That makes this option I was discussing more
appealing to me, just state what you think you want to pay, and
the seller can decide if he wants to accept it.

Here's a notice I found on my watch list for a flute that went
through the time of its auction without being sold. This is one
that had the "or best offer" option on its listing, so if someone
would have made a offer 14% less than the original asking price,
it would make sense that the person making that offer would
have won the auction. That would have saved the seller the
added expense of re-listing the item.