Whenever I need a good laugh.....

[Bridwell]

I tried selling some cards on ebay last year and took a beating on some of them. There might only be a few guys collecting a certain set at that time, so the auction prices could be super low unless 2 guys are bidding each other up. I tried a few high BIN's and sold a few cards at high prices, but most didn't sell of course.

Some wealthy collectors don't want to spend the time searching and waiting for a card to be had at a low price. If they need the card, they might just spring for the BIN. They might put a higher value on their time, not wanting to spend several hours over several months to save a couple hundred dollars. So I can see why dealers try the BIN first.

[Bilko G]

As long as the BIN has the best offer feature it really doesn't matter what someone puts their BIN price at imo.