What is the 'Expert's estimate'?

The 'Expert's estimate ', seen on the certain lot detail pages, is the range that our expert believes that lot will sell for. Not all lots will display an expert's estimate. The range mentioned is merely an indication and offers no guarantees as to a lot's actual selling price.

Please note that these estimates are not reserve price (minimum selling price) set for a lot. The reserve price is a hidden minimum amount that the seller would be willing to sell their lot for.