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It looks to me like you will either receive at least your reserve or the gun back. If you are worried about it selling low, just make sure your reserve is high enough.
Seems pretty simple to me.
My question is what if the bidder stiffs? Let's say you reserve your gun at 5K, it sells for 7K ....but the buyer stiffs. Do you have the option of getting the gun back or do you just get the reserve payment of 5K less fees?