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<p>[QUOTE="1970 Silver Art, post: 929209, member: 18828"]I cannot speak for coins that people on CT collect but I have noticed a lot of BIN's on ebay on silver art bars but the problem that I see with BIN's on silver art bars is that the ebay sellers price some of them at way too high of a price and they will not sell. It is a risk using BIN just like there is a risk using a regular auction style format. </p><p> </p><p>If an ebay seller prices a coin or bar at too high of a price using BIN, then that ebay seller takes the risk of that item not selling the first time around and will have to keep re listing the item at maybe a lower BIN price than before which might result in a loss for the ebay seller before ebay and paypal fees are taken into account. </p><p> </p><p>If an ebay seller uses a regular style auction to sell a coin or bar, then there is that risk of the winning $ bid will either 1.) Be lower than what the ebay seller paid for the item or 2.) The winning $ bid might be higher than what the ebay seller paid for the item but it may not be high enough to offset the ebay and paypal fees and as a result, end up being a loss for the ebay seller. </p><p> </p><p>DISCLAIMER: I have never sold anything on ebay. I just buy on ebay but not very often because I get outbid on almost every auction that I bid on. I mainly just lurk on ebay to study the price action of silver art bars.[/QUOTE]</p><p><br /></p>
[QUOTE="1970 Silver Art, post: 929209, member: 18828"]I cannot speak for coins that people on CT collect but I have noticed a lot of BIN's on ebay on silver art bars but the problem that I see with BIN's on silver art bars is that the ebay sellers price some of them at way too high of a price and they will not sell. It is a risk using BIN just like there is a risk using a regular auction style format. If an ebay seller prices a coin or bar at too high of a price using BIN, then that ebay seller takes the risk of that item not selling the first time around and will have to keep re listing the item at maybe a lower BIN price than before which might result in a loss for the ebay seller before ebay and paypal fees are taken into account. If an ebay seller uses a regular style auction to sell a coin or bar, then there is that risk of the winning $ bid will either 1.) Be lower than what the ebay seller paid for the item or 2.) The winning $ bid might be higher than what the ebay seller paid for the item but it may not be high enough to offset the ebay and paypal fees and as a result, end up being a loss for the ebay seller. DISCLAIMER: I have never sold anything on ebay. I just buy on ebay but not very often because I get outbid on almost every auction that I bid on. I mainly just lurk on ebay to study the price action of silver art bars.[/QUOTE]
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