auction v BIN on ebay

Peter_Spaeth · #1 05-19-2009, 11:42 AM

Just for the heck of it I just searched for PSA and $200 and up on ebay's advanced search. The breakdown between BIN and regular auctions: 22,599 BIN and only 327 auctions.

mybuddyinc · #2 05-19-2009, 12:09 PM

That's 69 : 1.
Never would have guessed it was that high, ebay must be very proud of themselves

alanu · #3 05-19-2009, 12:12 PM

I would guess sniping reduces the amount of $200 and above auctions, but still it's a big difference.

deadballpaul · #4 05-19-2009, 12:20 PM

I mostly just search for "auction" only items. Most of the BIN's are over priced for sure.

barrysloate · #5 05-19-2009, 12:37 PM

Peter- those numbers are so skewed it makes the old ebay model unrecognizable.

Touch'EmAll · #6 05-19-2009, 02:18 PM

With high(er) end PSA, playing both BIN and auction starting at one penny - sometimes you get disappointed with auction (aka recent PSA 5 T206 Speaker), then again the auction surprises you with nice results (aka T206 W.Johnson PSA 5 and 1949 Bowman Paige PSA 6) - toss up to me.

You always hold your breath a little with the auction - as the last day approaches and its far from your desired price.

From the high percentage of BIN's - people are willing to pay extra for a BIN situation, because they are too scared with auction.

steve

Mark · #7 05-19-2009, 02:27 PM

What is the ratio between completed BIN's above $200 and auctions above $200?

Matt · #8 05-19-2009, 02:34 PM

Quote:

Originally Posted by Mark

What is the ratio between completed BIN's above $200 and auctions above $200?

Great Question! It's not letting me sort completed items by auction type - anyone know how?

Matt · #9 05-20-2009, 06:34 AM

Quote:

Originally Posted by Mark

What is the ratio between completed BIN's above $200 and auctions above $200?

Anyone able to research Mark's question? Just a cursory glance looks like more $200 sales have been made through BIN then via auction.

marvjung · #10 05-19-2009, 02:34 PM

BIN's are usually always higher - but on rare occasion, I do find a deal here or there (I've decided to make an attempt to complete the "monster," but in it's pure form - all 6,000+ cards and I've resigned myself 20 years to do it - no joke!).

I prefer to buy at auction and sometimes, I get great deals and sometimes, well, I usually pay market, maybe a tiny bit more, but not much to have any type of remorse.

I've also noticed that when it comes to the commons, those are fairly easy to get; it's the HOF'ers, rarities, difficult backs, where I end up paying quite a bit more, but that's ok as I love to hunt those.