Posted By:
James GalloI have bought and sold a ton of stuff on ebay over the past 8_ years. It all that time I have seen BIN used the least on prewar cards.
I see a huge benefit to BIN for me.
I am very impatient and would rather spend and extra few bucks to get the cards quickly. If I saw a card I wanted to spend $100 for on ebay and it had a $125 BIN I would just buy it.
From a sellers POV pieces with BIN often sell for more then I would have gotten for the same piece at auction. So this is huge benefit.
I know some people get scared away from auctions with high BIN, but I have also recently made some offers on stuff and been very surprised when they have been accepted at well below the BIN.
I can understand not using a BIN on an auction that starts low and doesn't have a reserve because in that case usually the BIN is gone quickly.
Still I always like the idea of someone hitting a BIN quickly and paying me right away which is another benefit of the feature.
All in all I don't see any drawbacks except that stupid .25 fee that ebay hits you with.
I use BIN as both a buyer and a seller.
James Gallo
Looking for 1915 Cracker Jacks and 1909-11 American Caramel E90-1.