Announcing the PWCC Marketplace Tenets

[Brent Huigens]

We at PWCC will not tolerate our brand’s use as a front for bad behavior. That day is over. Today is a new day, based on facts and enforceable policies for which we expect the entire market to hold us accountable.

Prior sale research by dedicated hobbyists in the marketplace using our Auction Sales History, Worth Point, and other resources has given rise to a new level of oversight. We now have the grounds to take a public stance without concern that altered assets will simply flow to another venue for sale.

The grading companies need the help and patience of the market as we collectively aid growth and refine procedures and oversight. We feel they do a tremendous job handling a very difficult and demanding task and our market benefits greatly from their service. The grading companies are owed more from those of us who sell their products, and we must collectively take action to protect the market.

PWCC will officially cease working with any individual who has a proven track record of consistently hurting trust in the marketplace, the brand of PWCC, or the reputations of the grading companies upon which our market is based. We will collaborate with the grading companies to ensure bad actors are flagged, uniformly known, and that all is done to prevent them from affecting our market. PWCC will not work with any individuals whom the grading companies have banned, regardless of their individual track record with PWCC.

We are proud to announce the PWCC Marketplace Tenets which describe the basis that PWCC will operate moving forward. It also includes the PWCC Marketplace Guarantee, which asserts that any professionally-graded item previously sold by PWCC and later proven altered will be eligible for a full refund of the original purchase price. Any items flagged for alteration in current possession of PWCC will be removed from the marketplace. In both cases, PWCC will work with both our submitters, buyers and the grading companies to review the item, and if confirmed to be altered, remove those items from circulation and ensure our customers receive the proper support throughout the process.

There will always be individuals looking to take advantage of any market. We at PWCC are now in a position to do something proactive and protect our brand and the larger marketplace.

We welcome feedback. Please email me at betsy@pwccmarketplace.com anytime.

https://www.pwccmarketplace.com/marketplace-tenets

[calvindog]

Except you’ve known for years Gary Moser alters cards and yet despite that knowledge you sold his cards. And submitted his cards.

[MikeGarcia]

Originally Posted by calvindog

Except you’ve known for years Gary Moser alters cards and yet despite that knowledge you sold his cards. And submitted his cards.

How does a T P G know who is the submitter ? I thought the item was issued only an internal-use serial number once inside the front door ? Or am I living in La La Ville ?

..

[Orioles1954]

Originally Posted by MikeGarcia

How does a T P G know who is the submitter ? I thought the item was issued only an internal-use serial number once inside the front door ? Or am I living in La La Ville ?

..

The latter

[Republicaninmass]

Using your own auction history...who would have thought? Sans the cards that were seemingly not recorded per blowout thread. How about noting which ones are owned by the "auction house"?

[aconte]

Can we get a list of all the cards that were submitted by the individual(s)
to your company and sold based on what has been flagged to date on
the blowout forums?

I have a couple high end cards purchased in PWCC auctions and if they
are on the list I'd like to start the refund process by your company as
soon as possible.

Thanks

[cincyredlegs]

Sounds good but this was the same thing said when PWCC was busted for letting people shill their auctions. "We are going to monitor and take action". We know where that went.

What I find odd is why wasn't PWCC taking action over known trimmers/card alterers over a year ago (DiMaggio) if you were so worried about your reputation? Why did it take other hobbyists to do the work you should have been doing? Would you have been posting this thread if they didn't expose this fraud?


Sorry, just not buying anything will change.

[Peter_Spaeth]

I am a believer in redemption and I applaud any positive change that is genuine. I suggested cutting certain ties in my post on the other thread so if you really mean it, I welcome that. It's long overdue.

But I guess one obvious question is how do we know you really are going to cut those ties, or have done so? Call me cynical but given the track record just a hint of which has emerged on Blowout, I don't think it's reasonable just to expect us to take your word for it. Especially when the timing is pretty obvious -- you are doing this (if you are doing it) because you got caught red-handed and had no choice.

So what is your proposed verification mechanism?

And yes you have agreed to buy back altered cards, which I also applaud. But that puts the burden on the owner and with a slabbed card that can be a very onerous one. Most of us are not capable of doing the detective work being done on Blowout. Of course you could disclose which cards you have previously auctioned from the people you say you no longer will accept cards from, but I doubt seriously you're going to do that.

Those are my initial thoughts.