Question About Setting Bin - Coin Community Forum

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Author	Replies: 4 / Views: 1,570
USArmyParatrooper Pillar of the Community United States 1283 Posts	Posted 09/30/2007 11:37 pm I noticed some people can set their BIN auction for like 30 days. The last time I sold a coin I could set a BIN, but it only gave me the option of 3-10 days. Is it a special privilege to set 30 days BIN auctions? Another unrelated question: (to avoid flooding the room with threads), What the heck is with ridiculous BIN prices!? It seems like 99% of BIN coins on ebay are either moderately over priced, or completely outrageous. Usually the latter. Report this Post to the Staff

AnemicOak Valued Member United States 70 Posts	Posted 09/30/2007 11:42 pm Anything longer than 10 days would mean you're posting it to an ebay store as opposed to an auction. A lot of sellers set the BIN high because all they need is one buyer willing to pay it. They can always take an offer or relist it lower if they need to sell it fast. Edited by AnemicOak 09/30/2007 11:43 pm Report this Post to the Staff
USArmyParatrooper Pillar of the Community United States 1283 Posts	Posted 09/30/2007 11:45 pm AnemicOak, Thanks for the info. Does it cost extra money to open up an ebay "store"? Is it worth the trouble for someone who sells stuff once in a great while? Report this Post to the Staff
AnemicOak Valued Member United States 70 Posts	Posted 10/01/2007 12:19 am The fees are listed here... http://pages.ebay.com/help/sell/storefees.html Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 10/01/2007 07:18 am In my opinion if you don't sell a pretty high volume of things on ebay then a ebay store would be a huge waist of money. The people to ask would be Mom and Dad, I think even they were almost ready to close their store when ebay raised their prices the last time for ebay stores even though they sell coins about every week and all of theirs start at 99 cents with no reserve (so they don't usually use the extra days the BIN option would offer)but I know they could definately give you some good advice about ebay and selling. I have used ebay pretty much exclusively for buying coins but have sold very few so I never thought a ebay store was really worth the trouble to start or maintain when weighed with price verses profit from the sales, but I would suggest definately asking them their advice if at all possible Report this Post to the Staff
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