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Old 07-10-2016, 08:10 AM
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Richard Simon
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Join Date: May 2009
Location: New York City
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Quote:
Originally Posted by mark evans View Post
I'll confess to being a buyer/collector who may find it difficult to put myself in a seller's shoes. My complaint is not with BINs per se, but with the fact that they are almost invariably set significantly above VCP values.

Let me offer a suggestion: how about auctions with low starting bids and reserves set in the general vicinity (+5%?) of VCP values? This should increase the likelihood of sales while at the same time allowing sellers to take advantage of bidding wars in appropriate cases.
Ebay charges an exorbitant amount to set a reserve price.
If you set reserves on multiple items you would wind up losing money.
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Last edited by RichardSimon; 07-10-2016 at 08:11 AM.
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