Thread: PWCC vault?
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Old 05-03-2019, 09:57 AM
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ullmandds ullmandds is offline
pete ullman
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Quote:
Originally Posted by Dpeck100 View Post
It was in this article


https://www.forbes.com/sites/davidse.../#2b0cba6d22fa


Here is my post


Let me first say I am a big fan of PWCC and really feel they have done a great job in the trading card market. I used to marvel when I would see their listings on EBAY and it took a few years to realize they weren't actually the one's who owned all of the awesome cards they were selling. I have purchased from them many times and feel they are miles ahead of other major EBAY sellers and their great results speak for themselves.

This quote from the article caught my eye and has me pondering whether or not this is a good idea.

In several cases, Huigens steered him away from the cards PWCC was selling: “I prefer you focus on slightly higher grades where the eye appeal is less volatile and the market is more stable,” he wrote him about an early Bowman Mickey Mantle in off-condition.

My first take is that this is a conflict of interest. When you have someone list your card the goal is to achieve the highest selling price. If the person selling it for you is talking buyers out of bidding on your card it can work against the final selling price as less buyers are in the market for it. I feel that this is kind of like a listing agent in real estate talking you out of the house they are selling. Their first priority is to the person whose home or in this case card that they are representing. I do think it is a great concept when dealing with others sellers cards and another value add that PWCC is trying to offer.

Curious what others think about it.
Sure...that's a conflict of interest...and an exhibition of preferential treatment likely in the hopes of making more money from that client at a later date...imo.

Similar to the preferential treatment that may occur on the part of the TPG'ers to their best clients/friends...same as what occurs in the government and in big business on a daily basis.
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