Lonnie,

Based on my auctions that ended in a BIN purchase the first bid and the BIN price become the same thing. Therefore it changes to the BIN price from the listed first bid price, since in essence the BIN price becomes the minimum bid since the person chose that option.

Did I confuse the situation enough?

Here's an example I had Portland Head listed with a first bid of $300 , a Reserve price of $400 and a BIN of $450. It was purchased via the BIN and the First Bid changed to $450.

I also sold Old Point Loma the same way with a First bid of $50 and a BIN of $85. It sold BIN and the First Bid changed to $85.

I have not checked other auctions so I can only speak from my experience.

One further point. I disagree with one point made at the top of this thread- I believe that I did set the BIN prices on my items at or near the average price that I could determine that those particular items have sold for recently in the Marketplace or eBay. I do not agree that no one had set the prices at the correct level. i believe I did. I also agree that many others have not.

Dennis