Have we factored in time and effort that goes into restoring the razor? Of course, this assumes the seller reclaimed a razor from rust Valhalla.

Personally, for some of the BIN razors, I see the value in getting it to the state it is in. And the few that I got from eBay Like that have merited the price. Then again, they were from sellers I had personally dealt with prior. You just have to trust the other guy. And that takes time to develop.