Say what you want about PWCC.................
 

I am a long time Ebay seller with over 2,000 feedbacks and 100% positive FB rating. Here's my 1956 Mantle SGC 92 8.5 (old holder) I sold not long ago on Ebay for $8,700 and here's the 1956 Mantle SGC 8.5 (new holder) that was just sold on Ebay by PWCC for $15,656 (just by slapping a little HE sticker on the card)
I also sold a 1956 Mantle PSA 8.5 not long ago through another auction house for a disappointing $9,500 before the 20% BP
I'm consigning future high end items to P WCC where buyers don't pay 20% BP's and I pay a reasonable consignment fee.

Agreed Russ. Consignors with PWCC receive a nice premium above and beyond the Consignment fee for the HE cards.


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That's why he gets my consignments. I often net more than I would have even asked in a private sale.

Agreed
 

I listed a well centered PSA 1.5 #149 Ruth on the BST for $1800. No takers. I sent it to PWCC and it sold for $2300. So I netted more even with their commission taken out.

Is that the exact same card or just the exact same grade? One appears sharper than the other.

Not Sherlock Holmes but....
 

Bobby might be onto something. The rough cut on the top border seems to have disappeared. The bottom card seems to have slightly wider left and right white borders. The corners also appear sharper. The serial numbers also don’t match. I can’t imagine SGC is deleting the old serial number and issues a new number for a reholdered card? This would destroy their pop report.

All of which suggests that one is pretty much guaranteed to be paying absolute top dollar if bidding in a PWCC auction, correct ?

It's fascinating to me how their "brand" has been so well received by both buyers and sellers. People don't seem to mind paying record prices as long as it's with PWCC because somehow their auctions are considered a more true indication of the market, which, in turn, makes you feel like haven't overpaid....no matter how much you overpay.

Am I the only one that thinks the OP never implied that the two Mantles were the same card? :confused:

they are obviously not the same card...as the 2nd one has fatter left border.

PWCC scan is awfully shiny.

Me too
 

I read it that way too.

Well....he said "(new holder)", which could either be taken as "the card is in a new holder", or "here is my original card in a new holder".

Exact same grade
Bottom card went for the higher price

Just to clarify...the top card was MY SGC 8.5 that sold on Ebay for $8,700
The bottom card is a DIFFERENT SGC 8.5 that sold through PWCC for $15,656

Sorry for any confusion
BTW....re slabbed cards are given the same SN

Well, I know we are splitting hairs here, but the PWCC high end one, DOES appear to be a bit better. Is it DOUBLE the money better? I don't think so. PWCC seems to have a cult following though, which translates into higher prices.

"*Ebay for $8,700 and here's the 1956 Mantle SGC 8.5 (new holder) that was just sold on Ebay by PWCC for $15,656 (just by slapping a little HE sticker on the card)"

Apparently it was not just by slapping an HE sticker on the card, it is a different card

I don't necessarily believe so. I have won some auctions with PWCC, where I was at or below what I expect the card to sell at.

The high end stuff really goes, but I see some mid-grade items that are won below many asking prices on the 'bay.

I think it's an over generalization that everything they sell goes above VCP, SMR, or whatever metric you're using. I've read many posts here, where consignors did not get near what they had hoped with PWCC.

This is a pretty good price for an item I just won:
https://www.ebay.com/itm/1933-World-....m43663.l44720

It's amazing how the 719, 314 and 368 bidders (all 100%) have no interest in anything else on eBay from any other seller. Also, why would they bid like this? Is this how you bid when you're trying to win an auction?

https://www.ebay.com/bfl/viewbids/35...p2047675.l2565

I'll never understand why anybody would want to waste that much time bidding a couple dollars at a clip. I usually only bid once at the very end.

Although the OP has clarified his post, I read it assuming it was the same card in a new holder with a high end sticker added. I did not examine the cards closely enough to notice the difference.

Same
 

I didn’t know it was a plug for the PWCC hi end sticker but wanted to point out that two different cards can sell for different prices based upon eye appeal.

Does anyone know the credentials or hobby experience of those giving the hi end sticker at PWCC??

I hope it’s more than they stayed at a holiday inn last night but am not sure. ��

Pretty much any card I want to sell over ~$200 goes straight to PWCC. I've had cards miss with them before (in fact, I just had a couple auctions close yesterday for less than I had anticipated), but for the most part, using PWCC is a no brainer. They get better prices and deal with all the headache of listing/sending out cards.

I used to list my high end stuff with auction houses like Heritage or Goldin, but even after negotiating with them to get the commission inline with PWCC, they still don't get the same attention/pricing for my cards that PWCC does. Moving forward, I think I'm going to list even my high end cards with PWCC and forego the traditional auction houses. The other benefit of PWCC is that you can send in cards monthly. Many other auction houses only have seasonal auctions, so you're stuck waiting around.

Yes it's a different card. Is the PWCC-HE worth $7,000 more ??

Yes to the person that bought the card and 4-5k-6k more to any applicable underbidders...there is no way for us to know the card is HE without them telling us so its a valuable service

I was worried that we didn't have a PWCC thread up in at least a week, I'm glad we have one now.

So you are saying you want them to be seen more? :) I also think they get more eyes than most because most of the rest, except for some sellers, don't offer the kind of things they do in straight auctions. Some of their realized prices on '14 Cracker Jacks (and others) looked very strong (without me doing research on it). I should say I am at least a little biased as they are the largest advertiser on our board currently and have been for 2-3 yrs running. I appreciate that. Of course I appreciate all of our advertisers and hope they get a good bang for their buck here.

So I guess what I would say is that I'd consign the appropriate cards to PWCC but I will likely never, ever buy from them.

I enjoy getting the auction house catalogs and bidding on them better than ebay.
Much more excitement in my opinion

Say what you want about PWCC - OK, I will!
 

Ok, so here's my two cents on PWCC. I think they are losing their way. I say this based on a recent transaction on a large, fairly expensive lot of 49 Bowman PSA cards that I bought.

They do get a lot of bidders and a lot of attention to their eBay auctions. Congratulations to them. I am primarily a buyer. I have bought many single cards in the past from their eBay auctions and while I don't typically get a "deal" in the sense that the price is below market.

The recent lot I bought was this one:
https://www.ebay.com/itm/Lot-90-1949...72.m2749.l2649

Note that the title says "...ALL PSA6 EXMT (PWCC)".

I am working on a 49 Bowman PSA registry set, and it looked like I needed at least half of them, so I calculated a reasonable price based on all PSA 6's, considered a "volume" or common card lot discount, and I bid on the lot, thinking I could sell the rest.

After winning the lot, I found that 20 of the cards were not PSA 6. There were cards as lowly graded as PSA 4 and about 20 of the 90 were PSA 5 / 6/ 7 OC's, which most in the collecting world know get fewer bids and go for a value about 2 grades below a card graded with no qualifier.


So I went about calculating what the value difference is between what the title said, and what I got. I calculated the difference in value to be about $400 - $500, based on auction prices realized as well as SMR. I sent PWCC a message about it on eBay and their response was "sorry, there's nothing we can do other than cancel the purchase." The problem is that I did need about half of the cards for my set, so I didn't want to cancel the transaction - I wanted most of the cards. I just feel I got cheated by PWCC's error in the title of their listing. They could have agreed to do a number of things that would have made me more satisfied, like auction the OC's and ones that were less than PSA 6 for no fee, to give a credit, to pay shipping, something. Their response leaves me with an impression that they are becoming "too big for their britches", and no longer collector and customer focused. They seem to think they are now a grading company, a bank, a mutual fund index, or any number of things other than hobby / collector focused.

In the "about us" portion of their website they state:
Trading on trust: We believe trust is the bedrock of the trading card marketplace, and we handle every trade with the highest level of integrity and care. For 20 years, PWCC has worked tirelessly to provide collectors and investors the marketplace they deserve, where integrity and transparency are to be taken for granted, and investment-focused decision making can instead own the moment

I don't trust them anymore.

Tony Stinsa

We all take different paths in life...all that matters is that we end up where we belong.

It took you a while...but you've finally made it!!!!

Huh?
 

Reference: Tony Stinsa Quote "Ok, so here's my two cents on PWCC. I think they are losing their way. I say this based on a recent transaction on a large, fairly expensive lot of 49 Bowman PSA cards that I bought.

They do get a lot of bidders and a lot of attention to their eBay auctions. Congratulations to them. I am primarily a buyer. I have bought many single cards in the past from their eBay auctions and while I don't typically get a "deal" in the sense that the price is below market."



Tony,

No offense but I also bid on that auction and they CLEARLY show EVERY card in a photo in the description?!?!?!? Did you not scroll down to see EVERY card in the lot? They also say "nearly every card is a 6" in the description. I totally agree that the word "All" should NOT have been in the total but that is the only point I agree on here. I'm thinking since you were working a set that you did see all the other grades as they were laid out easy to see.

You are blaming them for 1 word that granted they should not have used but they explained everything in their description with clear photos.

Peace, Mike

Re: Huh?
 

Mike, I take no offense to your email. I made an oversight as well. I actually admitted that in my note to them. I took part of the blame but they took none. I was not asking them for or expecting a $500 discount. They could have provided free shipping, offer to re-list the 20 cards...something. They didn't make a reasonable attempt to rectify it with me, a collector - the market they used to cater to.

Also from the description:

"This grouping comes from some of the very first PSA graded cards out there with nearly every card grading EXMT."

I'm no PWCC apologist, but the other problem is it's not their item to do with as they please, there is a consignor involved. They would either have to get the consignor's permission (which likely wouldn't happen) or issue you the partial refund and eat that amount when settling with the consignor.

A retail sale and a consignment sale are very different animals. They offered you a full refund, I don't understand how your trust was abused.

ok, well...
 

Thanks - I had not considered the consignor complication. I am not going to post anymore about it. But I'm not satisfied with the way this went. When a title and description are different, that's an error. PWCC stretched the truth on what "All" and "Nearly every" actually mean. "All" means 100% or "the whole amount, quantity, or extent of ". Nearly every in my book is no 70 out of 90.

In the end, it's my error as well. Caveat emptor.

Look, as a seller who uses big, high res scans of cards, I have no sympathy for someone who misses or doesn't look at the pictures, other than to offer a full refund. Call it a lawyer's bias: reliance has to be reasonable to rescind for fraud; you can't blame PWCC if everything is pictured. But with eBay's screw the seller bias, I would rather just refund than argue. IMO the only time a buyer has an argument for a partial refund is if the item is damaged in transit or if something not shown or not remarked on is a problem. Otherwise, no. Keep it or send it back, but don't mess with Mr. In-Between. And all you pesky kids stay off my lawn.

Nothing to do with the original consignor for sure.

My interpretation of what you're asking for is for you to pay for the lot, then have them sell (at no fees) each card that is not a pure PSA 6.

This sounds like a good compromise to me, and PWCC keeps a customer.

+1...plus I can absolutely understand why PWCC would not give a 0% sellers fee. If they did they would still have to pay the Ebay/Paypal fees on the second sale. Each one of those cards sold is at a loss to them and actually, the greater the card sells for the bigger their economic loss.

I understand....
 

Got it. I'd probably have felt a bit miffed also but if you needed the bulk of them I understand your dilemma. I agree that the customer service end could have been handled differently by at least throwing you something to appease you since you are a longtime buyer and there was certainly confusion caused by that one word "ALL".

Take care, Mike