Thread: VCP rant
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Old 10-28-2011, 09:06 AM
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Rhett Yeakley
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Quote:
Originally Posted by barrysloate View Post
One problem I see with VCP using BIN's is in a situation where a seller has a card priced far above current market, and for whatever reason a collector chooses to buy it. Since VCP is supposed to reflect the market, is that BIN necessarily reflective of it? It's possible that that transaction was double what any similar card might sell for, and would therefore not be useful information. I'm not actually sure myself about this, just think it's a fair point.
Barry, I think the counterpoint would be that with an auction if you have two buyers who place a "top all" high max bid and the item then goes for way more than it is "really worth". There is never going to be asolution that works for everyone nor one that even works for most, but VCP is what it is and if there is value to the customer in that then that is all there needs to be, I suppose.
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