Options
Auction or BIN?
Copyboy1
Posts: 468 ✭✭✭✭
Any advice when to list something as an auction vs a BIN on eBay?
I have a lot of mid-grade PSA/BVG vintage football. Part of me just wants to auction it all, get what I can, and be done. Another part of me worries that since most aren't super hot cards, I'd end up selling them way under value if only a few people bid (plus eBay fees on top of that). Or do I send them all to COMCS, set my price, and just forget about them until they sell?
Thoughts?
0
Comments
Hot items - Auctions
The rest - BIN
Nic
Guides Authored - Graded Card Scanning Guide PDF | History of the PSA Label PDF
What he said... ^^^ +1
Collecting:
post world war II HOF rookie
76 topps gem mint 10 commons 9 stars
Arenado purple refractors(Rockies) Red (Cardinals)
successful deals with Keevan, Grote15, 1954, mbogoman
Unless its a very hot or popular card, listing anything for auction on ebay is asking to not get full value.
You could list them all with BIN listings- with best offer if you are open to offers. Then see if there are a lot of views & or watchers. If you have watchers on the item, you could send them offers you’d be willing to take. Or if you have a lot of viewers/watchers you could put a card or two up for auction to see what happens. If you get a good price, you could place more auctions. If not, stick with the BINs.
I would do bin/bo on them. Set an auto-accept price and an auto-decline price and check pay immediate with bin. I've found by having an auto-accept, 95% of the time the buyer pays right then when they see it's been accepted, so you bypass the waiting in-between messages/offers which could be days, which in turn just delays in you getting your money. Doing bin/bo might take 6 months to sell or get an offer you like, but at least you get out of them what you're looking for.
Or, do an auction but set the opening price at a high starting point. There is no rule that says you have to start it at $0.99. You're not asking to not get full value if you start the bidding at a buy-it-now price you're comfortable with, and you may even get more than you're looking for that way too. If you like, you can add a best-offer feature to your auction listing too.
Great ideas. Thanks!