No You Don't win.. You need some one eles to bid and kick your bid up to the Reserve level... If your open listed bid is .01 and your undisclosed reserve is $6.00 and I bid $6.50 by proxy with my star bid at .o1 then I must hope some one else bids on your item to kick me up or my bid will stay at.01 and my Proxy bid of 6.50 will never win on your reserve of only $6.00