What does "NR" or "No Reserve" mean?

"NR" Stands for "No Reserve". Watch Liquidators never lists auctions with a reserve price. Watch Liquidators believes that every item should start at the lowest possible price with no reserve or anything else attached. Setting a hidden reserve price is no different than a retailer not marking the sale price on their sales tags. And then ask you to waste your time with those lower bid amounts at the check-out.