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<p>[QUOTE="treylxapi47, post: 1895266, member: 41863"]Read my post above about some people putting in a low auction bids to better track the listing. I learned about this method from another eBayer over 5 years ago. It's really a good trick. </p><p><br /></p><p>Also keep in mind that auctions in general create a sense of 'urgency', you know that coin is going to sell for the last bid almost no matter what. </p><p><br /></p><p>When I see BIN listings I don't feel that sense of urgency. I know others see it, but our brains aren't picking up on deadlines, number of bids, and current prices vs the potential value when looking at BINs. </p><p><br /></p><p>There are many times when I feel obligated to enter an auction when I otherwise wouldn't bid if it was a BIN listing or not up there at all. It's just something about knowing someone else will win that coin you need in 4D 22H 16M with $15.68 bid on a $100 coin. There's urgency for a bidder to put in on that auction versus looking at the same coin pegged at $90 BIN. Once that emotion sets in you have people more likely to get into bidding wars and run the prices up due to emotion. You don't ever get that chance with a BIN. </p><p><br /></p><p>I agree the key is marketing these coins and building a small following.[/QUOTE]</p><p><br /></p>
[QUOTE="treylxapi47, post: 1895266, member: 41863"]Read my post above about some people putting in a low auction bids to better track the listing. I learned about this method from another eBayer over 5 years ago. It's really a good trick. Also keep in mind that auctions in general create a sense of 'urgency', you know that coin is going to sell for the last bid almost no matter what. When I see BIN listings I don't feel that sense of urgency. I know others see it, but our brains aren't picking up on deadlines, number of bids, and current prices vs the potential value when looking at BINs. There are many times when I feel obligated to enter an auction when I otherwise wouldn't bid if it was a BIN listing or not up there at all. It's just something about knowing someone else will win that coin you need in 4D 22H 16M with $15.68 bid on a $100 coin. There's urgency for a bidder to put in on that auction versus looking at the same coin pegged at $90 BIN. Once that emotion sets in you have people more likely to get into bidding wars and run the prices up due to emotion. You don't ever get that chance with a BIN. I agree the key is marketing these coins and building a small following.[/QUOTE]
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