Fees on watch selling for £3695, £250??

Hi, I'm selling a watch for £3,695. It states selling fees capped at £250 but online calculator says £350.

 

im confused! 

thanks

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If you add a reserve price you will be charged an additional fee for that, it is non refundable even if the item doesn't sell.

 

The final selling fee is capped at £250.