BIN For Sports Card...
JackWESQ
Posts: 2,133 ✭✭✭
When I DVDs on ebay, I mostly search for BIN with great prices because if
you let an auction run, it usualy runs past the price one would pay if you just
went to the local Target, Walmart, etc.
However, with baseball cards, I purchase my cards by sniping. The thought
of using a BIN to purchase a card, for me, is almost unheard. Most of the time,
seller's list ridicously high BIN prices. It makes you wonder why they use the
BIN in the first place. How often are your purchases of spords cards through
the BIN method?
I ask this because I just purchased a card with a SMR of $75 with a BIN price
of $35.00. I checked out the card and it looked legit and the seller had 2370
feedback of 99.9%. We'll see how this goes.
you let an auction run, it usualy runs past the price one would pay if you just
went to the local Target, Walmart, etc.
However, with baseball cards, I purchase my cards by sniping. The thought
of using a BIN to purchase a card, for me, is almost unheard. Most of the time,
seller's list ridicously high BIN prices. It makes you wonder why they use the
BIN in the first place. How often are your purchases of spords cards through
the BIN method?
I ask this because I just purchased a card with a SMR of $75 with a BIN price
of $35.00. I checked out the card and it looked legit and the seller had 2370
feedback of 99.9%. We'll see how this goes.
0
Comments
Even sniping cannot guarantee a victory; BIN is a sure-thing.
I have however listed many items with a BIN and I would say that 40% of my auctions end early using the BIN. Sometimes I throw in the gratuitous bonus for using BIN in the hopes Ebay stays away. I've had really good luck with it. I usually do the BIN at the high end of what others are selling for with the reserve at or near the low end. ie. $500 card High book, selling 225-350 on ebay. Reserve will be $250 with BIN at $375 for example.
With my Heritage SP's I listed, most booked $5-$8, starting bid was 1.00 with BIN at $3-$5. I sold 90%+ of them via BIN especially when I gave a good shipping deal for a bunch of them.
I think it's all in how you price it. I don't use BIN on anything that doesn't have a reserve, that's just a waste of a nickel!
Even on a $1000 card with a bin of $5 some schlep will come along and bid 99 cents and take away your bin. Keep your nickel and buy some gum.
My eBay Store
BigCrumbs! I made over $250 last year!
Brian
Collect primarily 1959-1963 Topps Baseball
set registry id Don Johnson Collection
ebay id truecollector14