Buying from a BIN or waiting it out?

[Luke]

With the cards we collect, when do you really ever get the chance to decide between a BIN or an auction? Even if you're after a Frank Owen t206 with a Piedmont back, the eye appeal is going to vary.

For me, its never a case of either or. Its just do I like this card at this price? And I do buy a lot of cards on ebay with BINs. I also list all my cards as BINs, and they sell.

[1952boyntoncollector]

Originally Posted by LukeLyon

With the cards we collect, when do you really ever get the chance to decide between a BIN or an auction? Even if you're after a Frank Owen t206 with a Piedmont back, the eye appeal is going to vary.

For me, its never a case of either or. Its just do I like this card at this price? And I do buy a lot of cards on ebay with BINs. I also list all my cards as BINs, and they sell.

for commons that come up every few months there is a large selection actually..

[Luke]

Well, then you're not "waiting out an auction". You're waiting for the next auction. Right?

If you look at a BIN and decide to pass on it, you aren't really waiting out an auction, you're just waiting for a future opportunity to buy that card. Semantics I guess, but you rarely have an either or situation with pre-war cards. I might pass on Nap Lajoie t206 portrait that's listed as a BIN and then buy one a month from now on a BIN from another seller.

[1952boyntoncollector]

Originally Posted by LukeLyon

Well, then you're not "waiting out an auction". You're waiting for the next auction. Right?

If you look at a BIN and decide to pass on it, you aren't really waiting out an auction, you're just waiting for a future opportunity to buy that card. Semantics I guess, but you rarely have an either or situation with pre-war cards. I might pass on Nap Lajoie t206 portrait that's listed as a BIN and then buy one a month from now on a BIN from another seller.

right its a convenience fee...but you will see after PWCC auctions..all of the sudden, similar cards all of the sudden get sold on BIN that were sitting there for months..when the auction price was higher than the BIN price..

[Luke]

I haven't noticed that, but it makes perfect sense. That's a good example of when the either/or situation can happen.

[T206Collector]

If a BIN sells for less than an auction then that's a failure of the market, in my view. I have only ever done the BIN thing when I knew the listing was recent and the pricing was below market. Otherwise I will always make an offer before triggering the BIN.

[glchen]

Wait for a 2-5X ebay bucks offer.