Waste of a Best Offer feature

I'm pasting ebay text here.
I offered 80 cents on a card with a BIN of $1. I get back the following message
Please enter your correct information in the highlighted fields below.
Your offer price - Please enter a valid price before continuing.
02-03 STADIUM CLUB TAYSHAUN PRINCE PARALLEL 146/1000 RC
Seller: phdbeckett( 8838)
Buy It Now price: US $1.00
Send your Best Offer Now
Make your Best Offer stand out by setting a price that is fair for you and the seller. What is Best Offer?
Buy It Now price: US $1.00
Please enter a price of US $1.00 or more.
Your offer price: US $
Shipping and Handling: US $3.00 (Shipping costs are non-negotiable)
Additional Terms: Add additional termsHide additional terms
Only use this section if you plan to add clear and detailed contract terms to your offer. If you have questions about the item, you should Ask Seller a Question
Enter additional terms here.
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Basically, he set it to autodecline any offer less than his BIN price.
I hit the BIN. I've picked up other cards from the seller, so there won't be any additional shipping cost for me.
Nick
I offered 80 cents on a card with a BIN of $1. I get back the following message
Please enter your correct information in the highlighted fields below.
Your offer price - Please enter a valid price before continuing.
02-03 STADIUM CLUB TAYSHAUN PRINCE PARALLEL 146/1000 RC
Seller: phdbeckett( 8838)
Buy It Now price: US $1.00
Send your Best Offer Now
Make your Best Offer stand out by setting a price that is fair for you and the seller. What is Best Offer?
Buy It Now price: US $1.00
Please enter a price of US $1.00 or more.
Your offer price: US $
Shipping and Handling: US $3.00 (Shipping costs are non-negotiable)
Additional Terms: Add additional termsHide additional terms
Only use this section if you plan to add clear and detailed contract terms to your offer. If you have questions about the item, you should Ask Seller a Question
Enter additional terms here.
222 characters left. HTML cannot be displayed.
| Cancel
Basically, he set it to autodecline any offer less than his BIN price.
I hit the BIN. I've picked up other cards from the seller, so there won't be any additional shipping cost for me.
Nick

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Comments
Working on the following: 1970 Baseball PSA, 1970-1976 Raw, World Series Subsets PSA, 1969 Expansion Teams PSA, Fleer World Series Sets, Texas Rangers Topps Run 1972-1989
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Successful deals to date: thedudeabides,gameusedhoop,golfcollector,tigerdean,treetop,bkritz, CapeMOGuy,WeekendHacker,jeff8877,backbidder,Salinas,milbroco,bbuckner22,VitoCo1972,ddfamf,gemint,K,fatty macs,waltersobchak,dboneesq
<< <i>Why the heck would anyone set a BIN at $1???? Just set the opening bid there, and take any bids over that as gravy. Geez.. >>
Probably because if it doesn't sell, they are stuck paying a fee with no sale.
Working on the following: 1970 Baseball PSA, 1970-1976 Raw, World Series Subsets PSA, 1969 Expansion Teams PSA, Fleer World Series Sets, Texas Rangers Topps Run 1972-1989
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Successful deals to date: thedudeabides,gameusedhoop,golfcollector,tigerdean,treetop,bkritz, CapeMOGuy,WeekendHacker,jeff8877,backbidder,Salinas,milbroco,bbuckner22,VitoCo1972,ddfamf,gemint,K,fatty macs,waltersobchak,dboneesq