So what happens is the Feds do get involved with PWCC? Do consignors lose their stuff

trmpetyjo · 06-14-2019, 11:21 AM

If the Feds end up getting involved with PWCC and this whole trimming/shilling shady business that is gaining some national attention what happens to all the stuff that people have consigned?

Do the Feds just show up one day and lock everything down? All the inventory becomes evidence? How does it work? Are consignors in danger of loosing their stuff?

EastonElite · 06-14-2019, 11:27 AM

that's a scary thought when you think about how much inventory they are likely sitting on.

rainmaker · 06-14-2019, 11:33 AM

the card wont be lost. may take a little while to get back in hand and more than likely wont go to auction. but they wont be lost forever.

i am just thanking the stars that my last pwcc run was back in april. virtually a few minutes before the uncovering started my final card hammered.

Triple B · 06-14-2019, 11:35 AM

Anyone get a comment from Probstein or are they waiting for him to finish laughing his ass off?

BLongley · 06-14-2019, 12:48 PM

Also what if you buy something and the fed takes things in as evidence? Do you just get your money back? Or do you have to wait and then once they finish the investigation it gets sent to you... lots of questions... not that I’d be buying or consigning to or from them, but definitely some “what if’s” for some people.

TheWrightStuff · 06-14-2019, 12:55 PM

You will PROBABLY get your cards back but it could be quite a while for that to happen. Depends on how long it takes them to build the case. It could be 1-2 years. Have this experience with a firearm when a dealer was raided. Also, don't expect them to be as careful with your high dollar sports cards as a collector would be. And, things do get lost and misplaced. I would absolutely avoid sending anything in to them.

Soxwin05 · 06-14-2019, 12:55 PM

I had some stuff scheduled to go in a future auction that I was able to get sent back. However, I had a card in this current auction that I tried to get pulled and sent back (before the auction went live) and was told no because "It is our policy once a listing is up for public preview that we must allow that card to run at auction. At this time we aren't able to pull the card and send back. We apologize for any inconvenience."

Needless to say that card is going to sell at a discount because of all the bad publicity and I'm not happy about it.

SirTommyWinAlot · 06-14-2019, 01:00 PM

Quote:

Originally Posted by Soxwin05

I had some stuff scheduled to go in a future auction that I was able to get sent back. However, I had a card in this current auction that I tried to get pulled and sent back (before the auction went live) and was told no because "It is our policy once a listing is up for public preview that we must allow that card to run at auction. At this time we aren't able to pull the card and send back. We apologize for any inconvenience."

Needless to say that card is going to sell at a discount because of all the bad publicity and I'm not happy about it.

I don't see anything current that is being hurt by the bad press.

JeremyNick · 06-14-2019, 01:36 PM

If you think Federal Authorities are going to give you back anything confiscated during an investigation, I've got some bad news for you. If your cards are seized in an investigation, I hope you enjoyed your time with them. They are gone. If you can avoid it, do it at all costs. If you have to, consider it a donation to the future of the hobby.

Triple B · 06-14-2019, 01:52 PM

How people are sending anything to them at this point is mind bending.

StlScott · 06-14-2019, 01:54 PM

Quote:

Originally Posted by Triple B

How people are sending anything to them at this point is mind bending.

I am guessing many people still dont know unless you have the newspaper subscription or come here.

KhalDrogo · 06-14-2019, 01:57 PM

Quote:

Originally Posted by Soxwin05

I had some stuff scheduled to go in a future auction that I was able to get sent back. However, I had a card in this current auction that I tried to get pulled and sent back (before the auction went live) and was told no because "It is our policy once a listing is up for public preview that we must allow that card to run at auction. At this time we aren't able to pull the card and send back. We apologize for any inconvenience."

Needless to say that card is going to sell at a discount because of all the bad publicity and I'm not happy about it.

Just win your card back.

KhalDrogo · 06-14-2019, 01:57 PM

Quote:

Originally Posted by Triple B

How people are sending anything to them at this point is mind bending.

Exactly. Been saying this for weeks. You’re taking huge risk if you’re still using PWCC.

rutgersjpm · 06-14-2019, 02:03 PM

All of the items in their "Vault" may finally enter into a real vault.

wharfrat7624 · 06-14-2019, 02:12 PM

What about sending cards to PSA? I have a 100 card order to send.

Thanks!!

Sent from my iPhone using Tapatalk

Vintagecollect · 06-14-2019, 02:12 PM

Quote:

Originally Posted by KhalDrogo

Just win your card back.

don't tip them off, they will shill it up or have Moser do it

bensie · 06-14-2019, 02:28 PM

Quote:

Originally Posted by Triple B

How people are sending anything to them at this point is mind bending.

I think that you guys are vastly overestimating your influence. I would not be the least surprised if the majority of hobbyists have no idea that this is going on.

88horsepower · 06-14-2019, 02:32 PM

Quote:

Originally Posted by KhalDrogo

Just win your card back.

Most shillers who bid on PWCC merch are often doing just that.

luckyduck · 06-14-2019, 02:59 PM

One thought is that consignors might try to hold onto as much inventory as they can to borrow against while they defend themselves.

Not sure if the feds would seize everything or only vintage stuff they could pretty easily prove was altered, should they seize anything (it could be cheaper for the feds to buy the cards haha.)

Schwang17 · 06-14-2019, 03:39 PM

I had to call eBay today regarding an issue I'm having on there, but I also let my eBay concierge guy, Frederik, know about the threads on here. He gave me the political answer of: "I will pass this on to the people in charge" regarding PWCC and their auctions, and said that if I wanted to follow up with him in a few days that I could. He did click on the pictures and look around on the threads, and I will be following up with him on Monday or Tuesday of next week. Ebay makes way too much money off of their stuff, so I can only assume it's going to take the Feds kicking down PWCC's doors in order for the correct action to be taken, but at the very least they are aware of this issue and that is all we can do on our end.

pcptrade · 06-14-2019, 03:51 PM

Quote:

Originally Posted by Triple B

How people are sending anything to them at this point is mind bending.

Consignors looking for maximum returns and PWCC auctions are notorious for consistently higher sale prices. The greed in this hobby created the monster (PWCC). I sold a high end Lebron for $25K myself recently and I could have gotten $28-30K out of it if I had sent it to PWCC but I didn't.

T_Hamilton · 06-14-2019, 04:14 PM

Quote:

Originally Posted by Soxwin05

I had some stuff scheduled to go in a future auction that I was able to get sent back. However, I had a card in this current auction that I tried to get pulled and sent back (before the auction went live) and was told no because "It is our policy once a listing is up for public preview that we must allow that card to run at auction. At this time we aren't able to pull the card and send back. We apologize for any inconvenience."

Needless to say that card is going to sell at a discount because of all the bad publicity and I'm not happy about it.

There policies dont mean sh!t. tell them you will lawyer up. they will quickly send your card back.

06-14-2019, 11:21 AM	#1
trmpetyjo Member Join Date: Nov 2017 Posts: 1,568	So what happens is the Feds do get involved with PWCC? Do consignors lose their stuff If the Feds end up getting involved with PWCC and this whole trimming/shilling shady business that is gaining some national attention what happens to all the stuff that people have consigned? Do the Feds just show up one day and lock everything down? All the inventory becomes evidence? How does it work? Are consignors in danger of loosing their stuff?

06-14-2019, 11:33 AM	#3
rainmaker Member Join Date: Jan 2017 Posts: 2,824 thewescoast	the card wont be lost. may take a little while to get back in hand and more than likely wont go to auction. but they wont be lost forever. i am just thanking the stars that my last pwcc run was back in april. virtually a few minutes before the uncovering started my final card hammered. __________________ https://www.flickr.com/photos/152850287@N08/albums

06-14-2019, 11:35 AM	#4
Triple B Member Join Date: Jan 2012 Location: Toronto Posts: 6,144	Anyone get a comment from Probstein or are they waiting for him to finish laughing his ass off? __________________ Wanted Dead or Alive! 1. 1997 Bowman's Best Jose Cruz, Jr Atomic Refractor Autograph 2. 1997 SPx Jose Cruz, Jr. Grand Finale /50

06-14-2019, 01:52 PM	#10
Triple B Member Join Date: Jan 2012 Location: Toronto Posts: 6,144	How people are sending anything to them at this point is mind bending. __________________ Wanted Dead or Alive! 1. 1997 Bowman's Best Jose Cruz, Jr Atomic Refractor Autograph 2. 1997 SPx Jose Cruz, Jr. Grand Finale /50

06-14-2019, 02:03 PM	#14
rutgersjpm Member Join Date: Dec 2012 Location: NJ Posts: 6,205 thebeardsbreaks draftbreak	All of the items in their "Vault" may finally enter into a real vault. __________________ https://www.instagram.com/thebeardsbreaks

06-14-2019, 11:27 AM	#2
EastonElite Member Join Date: Nov 2018 Posts: 490	that's a scary thought when you think about how much inventory they are likely sitting on.

06-14-2019, 12:48 PM	#5
BLongley Member Join Date: Feb 2019 Location: NJ Posts: 910 Blon8512	Also what if you buy something and the fed takes things in as evidence? Do you just get your money back? Or do you have to wait and then once they finish the investigation it gets sent to you... lots of questions... not that I’d be buying or consigning to or from them, but definitely some “what if’s” for some people.

06-14-2019, 12:55 PM	#6
TheWrightStuff Member Join Date: Aug 2017 Location: Texas Posts: 6,811 Nathan104	You will PROBABLY get your cards back but it could be quite a while for that to happen. Depends on how long it takes them to build the case. It could be 1-2 years. Have this experience with a firearm when a dealer was raided. Also, don't expect them to be as careful with your high dollar sports cards as a collector would be. And, things do get lost and misplaced. I would absolutely avoid sending anything in to them.

06-14-2019, 12:55 PM	#7
Soxwin05 Member Join Date: Mar 2009 Posts: 568	I had some stuff scheduled to go in a future auction that I was able to get sent back. However, I had a card in this current auction that I tried to get pulled and sent back (before the auction went live) and was told no because "It is our policy once a listing is up for public preview that we must allow that card to run at auction. At this time we aren't able to pull the card and send back. We apologize for any inconvenience." Needless to say that card is going to sell at a discount because of all the bad publicity and I'm not happy about it.

06-14-2019, 01:36 PM	#9
JeremyNick Banned Join Date: Jun 2019 Posts: 22,801	If you think Federal Authorities are going to give you back anything confiscated during an investigation, I've got some bad news for you. If your cards are seized in an investigation, I hope you enjoyed your time with them. They are gone. If you can avoid it, do it at all costs. If you have to, consider it a donation to the future of the hobby.

06-14-2019, 02:12 PM	#15
wharfrat7624 Member Join Date: Dec 2017 Location: Mt Laurel, NJ Posts: 6,575	What about sending cards to PSA? I have a 100 card order to send. Thanks!! Sent from my iPhone using Tapatalk

06-14-2019, 02:59 PM	#19
luckyduck Member Join Date: Feb 2019 Location: Canada Posts: 335 luckyduck	One thought is that consignors might try to hold onto as much inventory as they can to borrow against while they defend themselves. Not sure if the feds would seize everything or only vintage stuff they could pretty easily prove was altered, should they seize anything (it could be cheaper for the feds to buy the cards haha.) __________________ Collecting the Blue Jays, Diamondbacks (especially Paul Goldschmidt), and the Vegas Golden Knights -Side PCs: Low end/retro Angels, women's basketball, Teemu Selanne Ducks cards

06-14-2019, 03:39 PM	#20
Schwang17 Member Join Date: Feb 2011 Posts: 29	I had to call eBay today regarding an issue I'm having on there, but I also let my eBay concierge guy, Frederik, know about the threads on here. He gave me the political answer of: "I will pass this on to the people in charge" regarding PWCC and their auctions, and said that if I wanted to follow up with him in a few days that I could. He did click on the pictures and look around on the threads, and I will be following up with him on Monday or Tuesday of next week. Ebay makes way too much money off of their stuff, so I can only assume it's going to take the Feds kicking down PWCC's doors in order for the correct action to be taken, but at the very least they are aware of this issue and that is all we can do on our end.