List on ebay myself or via PSA consignment?

[MANNAXMAN]

I have a couple of cards currently at PSA. I plan on selling them on ebay as soon as they're graded. I'm hoping they'll sell for >$500 each. My question is, should I list them myself or use PSA's consignment service to list them on ebay? I have extremely limited ebay selling experience, with none of it being sports cards. The few items have sold have sold for less than $250 each. After fees, I yielded 80-82% of the sale price. So PSA's 10-12% consignment fee seems attractive. However, I have no idea how well PSA auctions do compared to other consignors or private sellers. I'm looking for the best return, but if every option is within ~5%, then the convenience of PSA consignment is probably worth it for me. Please provide an explanation why you recommend one or the other.

[bmf]

Originally Posted by MANNAXMAN

I have a couple of cards currently at PSA. I plan on selling them on ebay as soon as they're graded. I'm hoping they'll sell for >$500 each. I have extremely limited ebay selling experience, with none of it being sports cards. Should I list them myself or use PSA's consignment service to list them on ebay? Please provide an explanation why you recommend one or the other.

This is perhaps the easiest question to answer in Blowout history. List them yourself. Trust me, PSA consignment is absolutely horrible.

[90skid]

I wouldn't say PSA consignment is horrible, however 1 time I had an auction that went unpaid for them and it took FOREVER to wait, and ultimately cash out with an offer from them directly anyways, instead of re-listing.

If you don't trust your own eBay account and experience, then there's nothing wrong with having PSA do the consignment. FYI however you need to do all sorts of setup and account creation with Stripe to tie a bank to your account so they can transfer the funds when it's all settled.

[MavsRChamps]

If I was you, I'd co-sign them with a place like DcSports, MC sports cards, etc. If it's just 1 or 2 cards prob makes sense to just list through PSA but if it's a bath idk for some reason sales through PSA auctions seem a little lower than practically all other co-signers.

Depends on card though too. Certain cards will sell for the same amount regardless of who seller is.

[MANNAXMAN]

Originally Posted by 90skid

I wouldn't say PSA consignment is horrible, however 1 time I had an auction that went unpaid for them and it took FOREVER to wait, and ultimately cash out with an offer from them directly anyways, instead of re-listing.

If you don't trust your own eBay account and experience, then there's nothing wrong with having PSA do the consignment. FYI however you need to do all sorts of setup and account creation with Stripe to tie a bank to your account so they can transfer the funds when it's all settled.

It's not that I don't trust my own account or experience. I'm looking for the best return and convenience. I've added some info to my original post to reflect this (a lot of people skip replies). The Stripe account setup is a one-time deal, so I'm not worried about that inconvenience. I have other cards that I'll eventually grade and sell, so I'm trying to lean on forum members who have experience rather than possibly learning the hard way doing it completely on my own.

Originally Posted by MavsRChamps

If I was you, I'd co-sign them with a place like DcSports, MC sports cards, etc. If it's just 1 or 2 cards prob makes sense to just list through PSA but if it's a bath idk for some reason sales through PSA auctions seem a little lower than practically all other co-signers.

Depends on card though too. Certain cards will sell for the same amount regardless of who seller is.

Why do you recommend other consignors over PSA? Can you provide any comparisons showing that PSA auctions are lower than other consignors?

Cards are a 1998 Premium Zydrunas Ilgauskas Star Rubies and 1998 Bowman's Best Dennis Rodman Atomic Refractor.

[bmf]

Originally Posted by MavsRChamps

If I was you, I'd co-sign them with a place like DcSports, MC sports cards, etc.

Yes, this is a much better idea. Your cards will get major exposure and be handled professionally with quick payment with either of these brokers.

[jstephens24]

Iv used MC for ebay consignment and liked it. they have a fall promo going on. gotta send 10 cards though

$25-499 88%
$500-999 90%
$1000-2499 92%

[babyfaceposey]

Sell it yourself. Makes no sense to give a percentage to a middleman. I believe a ton of people who use the middleman do so to shill their cards. Good luck.

[dantheman514]

Whatever you do, please do not list it yourself as an auction. Your listing will not get the same views that it will with any of the consignment firms discussed above, which will lead to fewer bids and a lower ending price. Ebay has an algorithm that prioritizes views, which will hurt your listing based on your limited Ebay experience. PSA seems the most convenient since you do not have to handle the card or worry about the cards getting to you safely or you shipping them out safely. If you decide to list the cards yourself, please usse fixed price listings with best offer turned on.

[jcardstore]

Personally I don’t think $500 or even $1000 is enough to be worth consigning a card.

Just throw it on eBay BIN/BO and wait for an offer you like. That’s the only way you’re going to get the best return

[MavsRChamps]

Originally Posted by babyfaceposey

Sell it yourself. Makes no sense to give a percentage to a middleman. I believe a ton of people who use the middleman do so to shill their cards. Good luck.

For a $500 card, if I list it myself I get about 85% of the payout. People incorrectly don't account for the fact you pay % of the sales tax buyers pay too so it does equal around 85% for me.

Through Dcsports, your payout is 86% (minus 1 dollar). 85% below $500. So you literally get paid more through co-signer. Some co-signers are even higher than that 86% if over $500.

For me, I don't see a point in auctioning my cards unless it's lots. I do buy it now / best offer. But if OP is adamant to auction it off, co-signing makes sense. More views, more bidders, less headache with potential return, etc.

1 thing I don't like about dcsports though is they run 5 day auctions. I don't know why; I think this hurts less liquid / more collector cards people may just search for once/week

[Ericc5Bears]

It's a tough call, PSA consignment does make thing sooooo much more convenient (no shipping, no making your own listings, taking your own pictures etc.) but the 2 biggest downsides in my experience are

1. The titles are hit or miss, some are fine and hit all the key words but other times the title will use something like "signatures" instead of "auto" or abbreviate certain words (example, on one of my recent listings instead of "exquisite limited logos" the title used "exquisite ltd logos", nobody is going to be searching that.)

2. If you list on your own ebay account a lot of times new listings can actually draw attention to some of your older listings. I believe this has been proven to be a part of ebay's search algorithim and I do notice that whenever I make new listings I see an uptick in sales on my items that have already been listed for weeks/months. You don't get that benefit with PSA consignment.

Overall I typically opt towards doing it myself, you really can't beat the convenience but I feel like the sub optimal titles as well as a few other factors makes the items noticably less likely to sell compared to if you just list them yourself. I guess it's less of an issue if you do auctions but I almost exclusively do BIN OBO.

[jcardstore]

Originally Posted by MavsRChamps

For a $500 card, if I list it myself I get about 85% of the payout. People incorrectly don't account for the fact you pay % of the sales tax buyers pay too so it does equal around 85% for me.

Through Dcsports, your payout is 86% (minus 1 dollar). 85% below $500. So you literally get paid more through co-signer. Some co-signers are even higher than that 86% if over $500.

For me, I don't see a point in auctioning my cards unless it's lots. I do buy it now / best offer. But if OP is adamant to auction it off, co-signing makes sense. More views, more bidders, less headache with potential return, etc.

1 thing I don't like about dcsports though is they run 5 day auctions. I don't know why; I think this hurts less liquid / more collector cards people may just search for once/week

Is this a setting or something? I've never seen any percentage of sales tax taken out of my %, I only see it added onto whatever the sale price was, paid by the buyer.

Or maybe I don't know what I am looking at

Here's an example

[byronscott4ever]

I have a friend with cards in PSA vault..he said he gets random offers. One was for a PSA 7 comp of a card that he had that was a 6…so he took it naturally

[Bob Ross]

Sell it yourself. PSA barely deserves our grading business let alone more money selling your card.

[MavsRChamps]

Originally Posted by jcardstore

Is this a setting or something? I've never seen any percentage of sales tax taken out of my %, I only see it added onto whatever the sale price was, paid by the buyer.

Or maybe I don't know what I am looking at

Here's an example

You are on the right page .. just have to scroll down lol. You’’re on order details page which shows breakdown of your net as seller. For me it does take 13/14% from sales tax # too. So if buyer pays 6/7% sales tax they’d reduce about 1% from your net. It’s under “transaction fees” which take percentage out of TOTAL buyer pays (price + shipping + sales tax).

I’m looking at a card now I just sold for $100 and I just netted $84.24 … mind you I had shipping just $4.50 so lost a little there, and this buyer lives on state with slightly higher sales tax it seems.

[edogg1982]

I have sold through PSA from my vault several times. It's easy and hassle free. For stuff under $1000 you will pay a 13% fee. That's it. You get your money pretty quickly once the buyer has paid.

[MANNAXMAN]

Originally Posted by jstephens24

Iv used MC for ebay consignment and liked it. they have a fall promo going on. gotta send 10 cards though

$25-499 88%
$500-999 90%
$1000-2499 92%

Since I'd only be listing two cards, I'm looking at 88%, unless the Star Rubies sells for >$1000. Then it would be 91% for that one.

Originally Posted by babyfaceposey

Sell it yourself. Makes no sense to give a percentage to a middleman. I believe a ton of people who use the middleman do so to shill their cards. Good luck.

Just to be clear, you're saying to list it on ebay myself, correct? ebay is still a middleman. If I thought I could get the best price selling it completely on my own with very little time and effort, I definitely would.

Originally Posted by edogg1982

I have sold through PSA from my vault several times. It's easy and hassle free. For stuff under $1000 you will pay a 13% fee. That's it. You get your money pretty quickly once the buyer has paid.

It's actually 13% for $100-$499 and 12% for $500-$999. Not a huge difference but just want to make sure anyone who might read this gets accurate information.

[bloodwings19]

Originally Posted by babyfaceposey

I believe a ton of people who use the middleman do so to shill their cards.

I can see why they send to COMC, PSA Vault and others.