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Old 01-24-2009, 03:00 PM
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Default BIN- Buy It Now or Buy It Never?

Posted By: Jeff Lichtman

The problem with resorting to reviewing auctions only is that there are simply so few traditional auctions. With the advent of VCP, surely these dealers/sellers are aware that buyers can easily check what their cards are worth? For an example, one idiot seller listed two PSA 4 Cracker Jack cards for a BIN or best offer price which was a few hundred dollars more than he paid for the two cards just days ago -- all of this info easily found by a quick check on VCP. Of course, the idiot seller received not a single offer. Because the original BIN is so obviously unfair, rarely will a buyer even make a legitimate offer figuring that the seller is rigid and unrealistic with the value of his cards. So we're left with thousands of BIN listings that just clog up the categories, with nary an offer being made on any of them.

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