Did I make a mistake? I listed my first item on ebay and I need the money fast?

Question

So I listed all my items for 3 days and I didn't put a minimum price so now it looks as if someone could win the auction with a few dollars. Did I royally screw this up?
Here is the link:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ih=008&sspagename=STRK%3AMESE%3AIT&viewitem=&item=180138765790&rd=1&rd=1

Answer 1

Without a reserve price you are obligated to sell to the highest bidder regardless of the price. Most items aren't bid up until the last hour or so of the auction though you do risk a low price with only a 3-day auction. You'll just have to wait and see.

The price has already gone up from $1.28 to $5.00 while I was typing the above response.