Reserve Some merchandise in this sale has a reserve price. When the auction closes, each lot will display either SOLD or ENDED. SOLD indicates the reserve (if there is a reserve) was met, and a payment email will be sent to the high bidder. ENDED indicates all final bids did not meet the reserve. In this case, CWSAMS will ask the seller if they will accept the high bid. If the seller accepts the high bid, an email notice confirming the approval will be sent to the high bidder, along with payment instructions.