You didn't add make an offer so you must think it will go that high. I just put in a bid so good luck!
Not at all... if I thought it would go that high. as you assume I must think it will, I would only list the BIN and wouldn't have any other alternative.
I rarely sell things and when I do, I don't ever list with make an offer.
I just always list with a lower starting price and typically with what I consider would be a best-case (for me, anyway) BIN. I've had all manner of conclusions with this approach.. sometimes people grab the BIN, sometimes people put in a starting bid and it goes for that one bid, and sometimes people opt to bid and the thing sells for more than my best-case BIN price (happened once or twice - I was shocked both times - revealing how little I understand about sketch pricing).
I guess now that you point out a make-me-an-offer option, that might be a good idea for next time.
Maybe my approach isn't the best, but to be clear, my lack of including an offer option certainly doesn't indicate what I think it will sell for. I tend to wing it.
On the other hand, I DO think it'll at least sell for my lower starting bid, which is why I include THAT in addition to the BIN. And on this pair of listings, after ten minutes, I am 50% right so far.
I guess my logic such as it is, is that I'm willing to put out what I feel is a higher-end guestimate top price if someone really wants to guarantee the win (my BIN) but beyond that, I am looking to sell and I don't mind letting the open market determine the best offer for the piece, even if that's significantly lower than that best case BIN.
Oh and thanks for the bid. That was quick!