Ebay suspends PWCC for shill bidding - Page 35

splitrockgamer · 08-20-2021, 11:47 AM

Quote:

Originally Posted by SupermanBrandon

How many times do we see a company or a person get hammered by bad press, go to jail, etc to then return and end up making even more money than before. Maybe we should wait more than a few days to determine ones future.

In a few days no one will even care about this and move onto the next thing. Welcome to 2021, immediate snap overact and move on.

SupermanBrandon · 08-20-2021, 11:49 AM

Quote:

Originally Posted by splitrockgamer

In a few days no one will even care about this and move onto the next thing. Welcome to 2021, immediate snap overact and move on.

Half of this board has already moved on. Its not even been a full work week yet.

CaptSpaulding · 08-20-2021, 01:09 PM

Quote:

Originally Posted by SupermanBrandon

Half of this board has already moved on. Its not even been a full work week yet.

Only half? Has to be close to twice that.

Cards and 401K · 08-20-2021, 02:41 PM

A couple weeks ago I was thinking about moving 50 cards or so to the vault for free by 09/30/21, now not so much...

auburn35 · 08-20-2021, 07:23 PM

Quote:

Originally Posted by splitrockgamer

In a few days no one will even care about this and move onto the next thing. Welcome to 2021, immediate snap overact and move on.

I'm sure this thread and/or future threads on the topic will continue. There's just a pause, as nothing new has be revealed and maybe people have run out of horrible analogies or jokes (not likely) about eBay and PWCC.

pcptrade · 08-20-2021, 09:02 PM

Quote:

Originally Posted by auburn35

I'm sure this thread and/or future threads on the topic will continue. There's just a pause, as nothing new has be revealed and maybe people have run out of horrible analogies or jokes (not likely) about eBay and PWCC.

Looks like people hate feebay more than PWCC.

PWCC- Shill bidding, altered/trimmed cards scandal

Ebay: Allows shill bidding, protects buyers more than sellers, fakes/reprint cards, low ball offers, scammers, chargebacks, annoying and misleading listing titles....

duron · 08-21-2021, 04:59 PM

Quote:

Originally Posted by pip

Not many.

Lol, took the words right out of my mouth.

JDM · 08-21-2021, 06:45 PM

So other than Probstein. Who are some other options for co-signing expensive modern cards now? I’m not a dealer or even a flipper so I haven’t built up my eBay profile enough to have limits high enough to sell some of my cards myself. But I’d like to think in a pinch if I need the money I have some place to quickly liquidate some modern cards that might fetch 3-6k each. I always thought PWCC would be the place to go for that but now I don’t know where the best place to go would be to get a fair deal? If anyone could provide a list of the best options for co-signers for modern cards worth between 1-10k that would be extremely helpful. Thanks

ThoseBackPages · 08-21-2021, 07:14 PM

Quote:

Originally Posted by JDM

So other than Probstein. Who are some other options for co-signing expensive modern cards now? I’m not a dealer or even a flipper so I haven’t built up my eBay profile enough to have limits high enough to sell some of my cards myself. But I’d like to think in a pinch if I need the money I have some place to quickly liquidate some modern cards that might fetch 3-6k each. I always thought PWCC would be the place to go for that but now I don’t know where the best place to go would be to get a fair deal? If anyone could provide a list of the best options for co-signers for modern cards worth between 1-10k that would be extremely helpful. Thanks

PC Sportscards

tconte · 08-21-2021, 07:31 PM

4SC
Steve Novella
Greg Morris
Other auction houses

Just a few options

Sent from my iPhone using Tapatalk

auburn35 · 08-21-2021, 08:54 PM

If anyone is interested in listening to the interview... Jesse Craig, PWCC employee and partner of card trimmer Will Jaimet, was a guest on tonight's SCL.

https://www.blowoutforums.com/showthread.php?t=1288383

pcptrade · 08-21-2021, 08:58 PM

Quote:

Originally Posted by tconte

4SC
Steve Novella
Greg Morris
Other auction houses

Just a few options

Sent from my iPhone using Tapatalk

Weren't' 4SC (4 Sharp Corners) also involved in trimming?

NYRE2PECT · 08-21-2021, 09:31 PM

Quote:

Originally Posted by pcptrade

Weren't' 4SC (4 Sharp Corners) also involved in trimming?

I thought there issue were pretty spectacular grade favoring, like epic-out-of-this-world-how-did-that-get-a-10 and not 6 type of favoring, but not necessarily trimming.

Could be wrong, probably am.

pcptrade · 08-22-2021, 06:27 AM

Quote:

Originally Posted by auburn35

If anyone is interested in listening to the interview... Jesse Craig, PWCC employee and partner of card trimmer Will Jaimet, was a guest on tonight's SCL.

https://www.blowoutforums.com/showthread.php?t=1288383

Extended bidding on monthly auctions would be nice. Don't have to worry about sniping.

Quote:

Originally Posted by NYRE2PECT

I thought there issue were pretty spectacular grade favoring, like epic-out-of-this-world-how-did-that-get-a-10 and not 6 type of favoring, but not necessarily trimming.

Could be wrong, probably am.

Thanks

pcbuck · 08-22-2021, 08:18 AM

PWCC is in a tough spot here. They’re going to have to start practically from scratch and need to get high prices on all their auctions from the jump. If the sellers don’t get EBay prices for their cards they’ll just go back to EBay. Buyers will be looking for deals. If they don’t get deals they’ll be suspicious of shilling and go back to EBay.

PWCC had a reported $150 million in revenue from EBay. Every week off EBay without their own auctions will cost them $3 million. If it takes them 4 weeks that would be $12 million.

On the other hand EBay was making a reported 1-3% from PWCC sales. I think EBay will be fine with the $1.5-4.5 million loss in revenue. That loss is only if 100% of customers still consign with PWCC of EBay. If you were someone who needs money soon would you wait for PWCC or either sell on your own or with another EBay consignment group.

2010GBPackers · 08-22-2021, 08:40 AM

As you can see from last night's auction, and was predicted from the pro-PWCC and anti-PWCC crowd (much to their chagrin), PWCC is going to move forward just fine. High-end items won't skip a beat. It will be interesting to see what their mid and low-level auctions do though. That would be my only concern if I was a consignor. But any card over $500 will do just fine, IMO.

tconte · 08-22-2021, 08:40 AM

Quote:

Originally Posted by pcptrade

Weren't' 4SC (4 Sharp Corners) also involved in trimming?

I don’t think so.

Sent from my iPhone using Tapatalk

tconte · 08-22-2021, 08:43 AM

Quote:

Originally Posted by 2010GBPackers

As you can see from last night's auction, and was predicted from the pro-PWCC and anti-PWCC crowd (much to their chagrin), PWCC is going to move forward just fine. High-end items won't skip a beat. It will be interesting to see what their mid and low-level auctions do though. That would be my only concern if I was a consignor. But any card over $500 will do just fine, IMO.

Agree with this 1000%. Plenty of people with no conscious where the card and money come first.

Sent from my iPhone using Tapatalk

qdoggmets · 08-22-2021, 10:33 AM

Quote:

Originally Posted by coachnip13

Well, I don't have a contract with eBay, so in this context, they can ban whoever they want.

You do. It is called the terms of service.

qdoggmets · 08-22-2021, 10:49 AM

Quote:

Originally Posted by JDM

So other than Probstein. Who are some other options for co-signing expensive modern cards now? I’m not a dealer or even a flipper so I haven’t built up my eBay profile enough to have limits high enough to sell some of my cards myself. But I’d like to think in a pinch if I need the money I have some place to quickly liquidate some modern cards that might fetch 3-6k each. I always thought PWCC would be the place to go for that but now I don’t know where the best place to go would be to get a fair deal? If anyone could provide a list of the best options for co-signers for modern cards worth between 1-10k that would be extremely helpful. Thanks

Here is a brand new idea. How about listing it yourself on ebay

grade · 08-22-2021, 10:49 AM

Quote:

Originally Posted by tconte

Agree with this 1000%. Plenty of people with no conscious where the card and money come first.

Sent from my iPhone using Tapatalk

Exactly, people are tired of Ebay , paypal and what ever polices they have for the last couple of decades against sellers.

Great to have options.

SupermanBrandon · 08-22-2021, 11:29 AM

PWCC get raided yet? Last night seem to be a big success. eBay & Ricky are still open for business. Life is great.

pewe · 08-22-2021, 11:38 AM

Quote:

Originally Posted by SupermanBrandon

PWCC get raided yet? Last night seem to be a big success. eBay & Ricky are still open for business. Life is great.

It’s a secret

Sent from my iPhone using Tapatalk

pcptrade · 08-22-2021, 11:44 AM

Quote:

Originally Posted by SupermanBrandon

PWCC get raided yet? Last night seem to be a big success. eBay & Ricky are still open for business. Life is great.

La vita è bella except here

EDIT: Looks like the people who thought they can get some nice deals last night due to the recent news got disappointed.

SupermanBrandon · 08-22-2021, 11:46 AM

Quote:

Originally Posted by pcptrade

La vita è bella except here

08-21-2021, 07:31 PM	#860
tconte Member Join Date: May 2017 Location: Marlton, NJ - Less Than an Hour from the Millville Meteor! Posts: 2,033 aconte	4SC Steve Novella Greg Morris Other auction houses Just a few options Sent from my iPhone using Tapatalk __________________ Numbered cards......this is no longer the way. If you invest in cards, don't forget Cecil Cooper!

08-21-2021, 08:54 PM	#861
auburn35 Member Join Date: Mar 2011 Posts: 4,339	If anyone is interested in listening to the interview... Jesse Craig, PWCC employee and partner of card trimmer Will Jaimet, was a guest on tonight's SCL. https://www.blowoutforums.com/showthread.php?t=1288383 __________________ Ashley Lelie Rookie Collector, always looking for more.

08-22-2021, 08:40 AM	#866
2010GBPackers Member Join Date: Aug 2016 Location: Milwaukee Posts: 4,235	As you can see from last night's auction, and was predicted from the pro-PWCC and anti-PWCC crowd (much to their chagrin), PWCC is going to move forward just fine. High-end items won't skip a beat. It will be interesting to see what their mid and low-level auctions do though. That would be my only concern if I was a consignor. But any card over $500 will do just fine, IMO. __________________ "And more and more and more and more And more of less than ever before It's just too much more for your mind to absorb" - Yasiin Bey (Mos Def) Instagram: 2010gbpackers

08-20-2021, 02:41 PM	#854
Cards and 401K Member Join Date: Jul 2019 Location: DFW Texas Posts: 3,565	A couple weeks ago I was thinking about moving 50 cards or so to the vault for free by 09/30/21, now not so much...

08-21-2021, 06:45 PM	#858
JDM Member Join Date: Dec 2019 Posts: 27	So other than Probstein. Who are some other options for co-signing expensive modern cards now? I’m not a dealer or even a flipper so I haven’t built up my eBay profile enough to have limits high enough to sell some of my cards myself. But I’d like to think in a pinch if I need the money I have some place to quickly liquidate some modern cards that might fetch 3-6k each. I always thought PWCC would be the place to go for that but now I don’t know where the best place to go would be to get a fair deal? If anyone could provide a list of the best options for co-signers for modern cards worth between 1-10k that would be extremely helpful. Thanks

08-22-2021, 08:18 AM	#865
pcbuck Member Join Date: Jul 2008 Posts: 931 pcbuck	PWCC is in a tough spot here. They’re going to have to start practically from scratch and need to get high prices on all their auctions from the jump. If the sellers don’t get EBay prices for their cards they’ll just go back to EBay. Buyers will be looking for deals. If they don’t get deals they’ll be suspicious of shilling and go back to EBay. PWCC had a reported $150 million in revenue from EBay. Every week off EBay without their own auctions will cost them $3 million. If it takes them 4 weeks that would be $12 million. On the other hand EBay was making a reported 1-3% from PWCC sales. I think EBay will be fine with the $1.5-4.5 million loss in revenue. That loss is only if 100% of customers still consign with PWCC of EBay. If you were someone who needs money soon would you wait for PWCC or either sell on your own or with another EBay consignment group.

08-22-2021, 11:29 AM	#872
SupermanBrandon Banned Join Date: Dec 2018 Location: TN Posts: 15,843	PWCC get raided yet? Last night seem to be a big success. eBay & Ricky are still open for business. Life is great.