This topic has been discussed in detail over at psacard lately. I, and others, put forth the argument that listing cards at ridiculous BIN prices is not only annoying to buyers, but economically nonsensical for sellers, due to the cost of carrying inventory for so long. Based on the responses that sellers provided, I get the idea that most sellers:
1) Refuse to sell a card for less than they paid for it
2) Think that the price they paid has something to do with the card's current value
3) Would rather burn the card than sell it for less than they paid
4) Don't understand the real cost of carrying inventory for long periods.
I firmly believe that the problem with Ebay (especially with collectibles) is the lack of business acumen of many sellers.
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