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SeatedNut
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 Posted 01/25/2010  08:54 am Show Profile   Bookmark this topic Add SeatedNut to your friends list Get a Link to this Message Number of Subscribers
If you've been on the boards for awhile you've probably read my rants about buyers who email sellers making an offer on an auction coin that doesn't have a Buy-It-Now or Make Offer tag. This is done 99% of the time for cherry-pick varieties. The seller is unaware of the rarity and the potential buyer offers a fair price for the coin without the variety. I've bookmarked auctions for these only to come back later and see it sold with a BIN. No BIN was available when I bookmarked it.

Yesterday I was going through listings for 1880 Morgans and noticed a rare variety ( VAM 1A2). These are normally snatched up at high premiums. It was a true auction starting at .99 and no bids. It didn't have a BIN. I bookmarked the auction. About 45 minutes later I went back to my saved auctions and this one was still there without any change. I clicked on it to verify the VAM. After doing this I went back to my home page and refreshed. At the refresh there was now a BIN for $25. Wham-Bamm!! I got it!

I'm certain someone emailed the seller offering to buy it for this amount. Before they could get to the BIN, I sniped 'em! Sometimes you just get lucky.
RFB
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 Posted 01/25/2010  09:21 am  Show Profile   Bookmark this reply Add RFB to your friends list Get a Link to this Reply
Bahahaha I LOVE it.

Buyer will know exactly what happened. If in person things would obviously be different but it is a whole nother world online. Early bird gets the worm on BIN.



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