eBay buys Goldin

[Peter_Spaeth]

If true, one wonders what went south from PSA's perspective and why Nat and his partners made this move. The speculation is not new, although I can't recall if Travis was the only previous source.

[Leon]

Why would they buy an auction company? That seems completely out of the norm. I would be surprised but I have been surprised before. I just can't imagine what they would do with it if they bought it?

Originally Posted by Peter_Spaeth

If true, one wonders what went south from PSA's perspective and why Nat and his partners made this move. The speculation is not new, although I can't recall if Travis was the only previous source.

[Hankphenom]

Then they'll both get gobbled up by Fanatics, which will be acquired by Musk.

[D. Bergin]

[Snowman]

Originally Posted by Peter_Spaeth

If true, one wonders what went south from PSA's perspective and why Nat and his partners made this move. The speculation is not new, although I can't recall if Travis was the only previous source.

To clarify, I don't have any actual inside knowledge of the deal. I'm just parroting what I heard from some friends in the hobby yesterday. Supposedly an announcement will be made on Monday. I guess we'll see if that comes to fruition or not. When I said it back at the beginning of March I was just making a prediction based on what I know about how ebay operates and where their interests lie. I know a lot of people at ebay, some high up, but I haven't spoken to any of them about it, and even if I tried, they wouldn't be stupid enough to tell me anything.

[Lorewalker]

Originally Posted by Snowman

When I said it back at the beginning of March I was just making a prediction based on what I know about how ebay operates and where their interests lie. I know a lot of people at ebay, some high up, but I haven't spoken to any of them about it, and even if I tried, they wouldn't be stupid enough to tell me anything.

Stop Travis...this is absurd. I know 2 massive sellers on eBay who have no idea how ebay operates nor where there interests lie and they are doing tens of millions a year on the site.

PWCC is a better fit for eBay than Goldin and as you told us PWCC was booted not due to shill bidding but because they had their own platform...the same platform that Goldin has because he was in direct competition with PWCC.

Next, Nat has been trying to get rid of Goldin for quite sometime and rumors have swirled for at least a year.

[G1911]

So the source is this dudes anonymous friends having a discussion. Why is the thread title an absolute statement?

Perhaps it will become true, perhaps it will not. This title appears to be blatantly fake news though.

[Republicaninmass]

Originally Posted by Lorewalker

Stop Travis...this is absurd. I know 2 massive sellers on eBay who have no idea how ebay operates nor where there interests lie and they are doing tens of millions a year on the site.

PWCC is a better fit for eBay than Goldin and as you told us PWCC was booted not due to shill bidding but because they had their own platform...the same platform that Goldin has because he was in direct competition with PWCC.

Next, Nat has been trying to get rid of Goldin for quite sometime and rumors have swirled for at least a year.

Well greg morris has a new marketplace. Guess they will be kicked off ebay as well....not

[Leon]

Originally Posted by Republicaninmass

Well greg morris has a new marketplace. Guess they will be kicked off ebay as well....not

Let's not forget this ebay quote from the news back in '21

"In a message sent to customers who have done business with PWCC Marketplace, eBay indicated it had “restricted” PWCC’s selling privileges and listings. At issue, according to the statement from eBay, is shill bidding–the practice of placing bids on an item in an effort to increase its selling price.

“Recently it was determined that individuals associated with a trading card seller, PWCC, have engaged in ‘shill bidding,’ which is prohibited on eBay,” the statement claimed. "

.

[Lorewalker]

Originally Posted by Leon

Let's not forget this ebay quote from the news back in '21

"In a message sent to customers who have done business with PWCC Marketplace, eBay indicated it had “restricted” PWCC’s selling privileges and listings. At issue, according to the statement from eBay, is shill bidding–the practice of placing bids on an item in an effort to increase its selling price.

“Recently it was determined that individuals associated with a trading card seller, PWCC, have engaged in ‘shill bidding,’ which is prohibited on eBay,” the statement claimed. "

.

Here is a copy and paste of that email they sent out to every member who has bid with PWCC.

"As one of the world’s largest marketplaces, eBay has policies in place to protect our buyers and sellers. eBay was founded on trust, and we work every day to ensure a fair and positive experience for the entire eBay community.
Recently, it was determined that individuals associated with a trading card seller, PWCC, have engaged in “shill bidding,” which is prohibited on eBay. As a result, eBay has restricted PWCC’s selling privileges and listings, effective today. eBay’s policies and standards were designed to ensure a trusted marketplace where our community can transact with confidence. If we determine that a buyer or seller is not acting in good faith, eBay takes this seriously and takes action. Our customer service team will work directly with anyone who has a question about a recent PWCC transaction [link].

eBay is the destination for buying and selling trading cards - built over 25 years with our passionate community of collectors and sellers, as partners, on that journey. Trust is the cornerstone of eBay, which is why we felt it was important to share this information with our community. We assure you that eBay will continue to take actions to deliver on our commitment.

eBay sent this e mail to you at XX about your account registered on eBay.com.

eBay will periodically send required e mails to you about the site and your transactions. Visit our Privacy Notice and User Agreement if you have any questions."

Been talked about at length but no company is going to expose themselves to a libel suit by going so far out of their way to accuse someone in this fashion unless they have all the evidence they need. Why eBay picked that time to do it is a whole other discussion but for one to say they know eBay made this statement because eBay was upset with PWCC for having their own site is...silly...well worse than that but let's stick with silly.