BIN vs. Auction

[calvindog]

Well, while I do find that most post-war graded cards usually end up within a range from ebay sales, I do agree that there can be the occasional very wide disparity -- but usually not 2-300% off, right?

[bbcemporium]

Originally Posted by calvindog

Well, while I do find that most post-war graded cards usually end up within a range from ebay sales, I do agree that there can be the occasional very wide disparity -- but usually not 2-300% off, right?

For post-war cards, with the exception of rare, scarce and low pop cards, I have observed a relatively low deviation of sales prices (maybe 10-30%). If the difference is much higher, usually there is a reason why. That is why I was curious as to what card bobby had sold.

[calvindog]

I agree completely.

[Kenny Cole]

I used to look at buy it nows in the newly listed category. I don't even waste my time anymore. I would rather take the chance of missing a bin card at a decent price, which is not very likely, than spend the time it takes to parce through all of the ridiculously priced stuff that people put up. If folks actually buy stuff at those prices, power to them. I'll go ahead and wait for an auction, pay 20% vig, and still probably spend less than I would if I bought from the idiotic bin prices on ebay.

[doug.goodman]

I always assume that BIN sellers set prices as high as they do because "it can't hurt to ask".

Conversely, I've never been afraid to contact a BIN seller with what I consider to be a fair offer.

I have bought items for less than 20% of the BIN price with and without the make offer option.

Doug

[bobbyw8469]

I would LOVEEEEE to get BEST OFFERS within 20% of my BIN price. For example, I have an unopened box of 1988 Fleer Basketball Wax. I have it for BIN OBO of $430. I am getting offers of $250-$300. BBCE is currently paying $325 per box. Why on Earth would I sell it for less on Ebay, and then have them take out fees, when I just just ship it off to the BBCE for $325 no fees?!?!?! They buy for $325 and sell for $475. I am constantly getting offers below other dealers BUY prices.....I don't mind giving someone a deal, but come on!!!!!

[bobbyw8469]

I am just telling you from a seller's point of view, why there are so many BINs.....from a sellers' perspective, when you auction a card, and it sells for $100 less than VCP average for a Mantle mid grade, it just makes you sick and want to give up auctions.............so to cut the through the junk, not all BIN's are ridiculous overpriced and not all auctions go for dirt cheap. But only the buyers see the high priced items and only the sellers see how cheap there stuff is going for. If only there could be a happy medium....