VCP rant

[Cy2009]

I don't understand why people don't want BINs on VCP. This service is not just for buyers. Sellers would also like to know what all of the prices are. Let me throw out two examples.

1) What if an auction was set up with a price where only one person bid on the card. That is just as good/bad as a BIN. But the BIN would not be recorded whereas the pseudo BIN is recorded.

2) What if you wanted to sell a card at a certain grade and, say, in the past 5 years there have been three auctions with an average price of $200 per card. And there have been three BINs with an average of $350 per card. Are these BINs not relevant since the same number of people bought this card?

Sellers also should know if there are people out there willing to pay a higher price to make sure that they get the card that they want at the grade. This would help a seller not having to settle on a lower price when statistics show that people are buying this card at his grade.

Finally, someone pointed out that he didn't want BINs because they don't reflect the market. This is confusing. If a card is sold at any venue, isn't that part of the market? There are many cards that have four sales or less in a particular grade over the past five years. Any sale would be significant for those statistics. So all data is relevant.

Cy

[GoldenAge50s]

I, too, feel that BIN's are just as relevant as an auction for VCP data. Either one can be market high or market low---it all averages out!

It is up to the USER of the data to figure out what pertains to his situation at the time, but to not have in ALL sales renders the data INCOMPLETE!