View Full Version : PWCC purchase note 5%+
1952boyntoncollector
11-01-2018, 07:21 AM
Has anyone used that option ...i would think getting 5%+ on your money is a good deal for those consignors. PWCC must make more than 5% for them to do that with their business dealings
Seems like win win....
Instead of auction winnings can you just give them money with a decent return... then to give it in other areas in life
Republicaninmass
11-01-2018, 08:13 AM
They make that on the inflated shipping alone!
pokerplyr80
11-01-2018, 08:57 AM
I'm not familiar with the option or how it works. Can you explain or post a link? I didn't see anything on their website.
1952boyntoncollector
11-01-2018, 09:34 AM
its on the website for consignors.. this is an option presented:
PWCC Notes
When you consign to PWCC, you have the option of purchasing a PWCC Note which acts as a short-term loan to PWCC for either 6- or 12-month durations. For more information about interest paid and general terms, contact capital@pwccmarketplace.com or 503-680-2201.
You have yet to purchase any PWCC Notes.
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pokerplyr80
11-01-2018, 01:17 PM
Found it, thanks. Also looks like if you keep auction proceeds on account with them and use them to pay for winnings you save 1% off the hammer price. Not a huge discount but anything helps.