Quote:
Originally Posted by Matthew H
I guess your right, I was just stating my opinion. I have hit the BIN too when I see a fair price. I usually knew the price was fair because it resembled previous auctions or whats current on VCP. The BINs either resemble SMR, VCP, completed listings or are overpriced. I personally don't care. To me the most important info is in there.
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But is the most important info there? I think VCP is very helpful, but how much of the market is it reporting? It isn't reporting raw or groups already. We can make general blanket statements about overpriced BINs because it is and easy target, but do we have know what percentage of single card graded sales are BINs? If it is 10% then I am OK with VCP, if it is 50% I have serious concerns. I have no idea what percentage of sales it is actually reporting, and this fact worries me.