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Posted 10/06/2011 1:40 pm
I think a lot of the BIN people are just hurting themselves. I can't tell you how many times I've researched what a coin is selling for on ebay by checking completed listings where I see BIN's that don't sell and auction listings for essentially the same coin in the same grade going for for the same or more as the failed BIN listing. Something about the bidding war nature of an auction will cause people to pay more money than they would otherwise. This only explains failed BINs at reasonable prices, the pie in the sky types must just like giving ebay a listing fee for nothing I guess!
