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PWCC green cobb psa 5.5 going through the roof
http://www.ebay.com/itm/1909-11-T206...4AAOSw9mFWMm5z
bidding over $14,000 which has to be way over SMR... when I had two PSA 4s nicely centered Green cobbs..all I would hear about is SMR this and SMR that.... the waterfront properties really taking off...! |
I'd be more impressed if any of the last ten bids came from bidders who didn't bid in PWCC auctions 50 to 100 percent of the time. His auctions are just filled with shill bids and any price he gets on a card is suspect.
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There's shill bidding all over his auctions. When the top five bidders only bid in his auctions it's fairly obvious. Just because you pay what you want for a card doesn't lessen the fraud or make it right. Similarly, writing with ellipses instead of using correct punctuation doesn't make your points more cogent.
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And even if the auction was legit, isn't the great likelihood that the reason for the high price is because a card doctor thinks the card will make its way into a PSA 8 holder?
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so if its not shilling its card doctoring? so no sales are legit basically |
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Actually I didn't call you a name. Just quoting what someone else said. Actually three people now.
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Maybe I should put this one up for sale :eek:
Joe |
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WOw Joe, now thats a nice Cobby. Huge top & bottom borders...having a Kardashian moment here.
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you also didn't address this post so most people think every sale of a card on PWCC is shilled or for a card doctor... so i guess you agree with that statement.... |
Joe that's my favorite green Cobby in the hobby. Every time you post it is a good day!!
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The card is perfectly centered and the color looks great. Maybe that's why it is getting bid up so high. |
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we can give facts about what the last sales were and that its blowing them out of the water and would make no sense for it to be shilled....and talk intelligently....so far I have been provided very useful counterarguments if that entails name calling.....ill all for discussing intelligently the pros and cons..... |
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It is amazing how long a broken record will play for.
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St Louis' team physician? Steve |
Thats a nice 5.5 maybe should be a six but in either case thats a heck of a lot of money and the biddings not over yet. I have a 4 and am beginning to think I could get over 4k for it.
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The current second place bidder only has bid activity with PWCC on 19 different items over the past 6 months. Just saying.
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Also just noticed the Plank offered by PWCC has several of the top bidders with 80%+ bid history only with this seller. Hmmm. To me that seems strange. Just saying.
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Why would someone shill a card waaaaay above a record price?
Hypothetical -- A card is worth/valued at $6,000. It gets sent to an auction where it is shilled to the stratosphere. The "auction" ends with a "record" sales price that goes into the VCP. Six months to a year later, the same card goes to a large but different auction house. Some of the bidders with that auction house don't know the card has a "history" and only look at the VCP reports. They bid on and win the card for $10,000 which they think they got for a bargain since it last sold for $14,000. So now, because of the shill bids to the stratosphere, a $6,000 card becomes a $10,000 dollar card and the new buyer has no clue they have been cheated. David |
It is not the amount of times that a bidder bids with a specific seller that bothers me, it is the number of bid retractions that a bidder has on the same lot:
30-Day Summary Total bids: 277 Items bid on: 60 Bid activity (%) with this seller: 81% Help Bid retractions: 4 Bid retractions (6 months): 12 4 bid retractions on the same lot? 12 in past six months? Why is this guy still able to bid on this lot? SMH |
It doesn't mean 4 on the same lot it means 4 total in the last 30 days.
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How many times has that 1952 PSA 8 mantle been shilled..the same type of card grade wise.. sold at multiple auction houses for over $400k...but for some reason on ebay its all fake? |
I could see a number of bidders who only use eBay to bid on pwcc auctions but am in agreement on the bid retractions. I've used eBay since late 90's and don't think I've ever had a bid retraction. Serious question, why else would someone have that many retractions unless for shady dealings?
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Winning bidder:
30-Day Summary Total bids: 201 Items bid on: 148 Bid activity (%) with this seller: 87% Help Bid retractions: 0 Bid retractions (6 months): 18 |
18 bid retractions wtf? Is it possible this could be retracted after the auction and the card gets re-offerred to the 1st real bidder? Honestly I don't understand why someone no matter how satisfied they are with a particular seller would be willing to pay 150% of recent market value. It makes no sense.
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The winning bidder is cleaning up on all the nicely centered T206s. Same dude has bought 4 other cards I was looking at and also has a $3100 bid on the Cy Young Polar Bear. Must be nice to have significant funds and very little price sensitivity.
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I don't know, I would need to see the id's and bidding history of the people winning the Heritage auctions but that transparency doesn't exist.
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Cobb Buyer just lost out on the Plank by $100. Probably first loss of the evening, but man, what a shopping spree! Is there a "PayPal Black" for super high rollers?
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I should add that I think PWCC is a good seller and is honest. ....(and they are an advertiser). I think I have bought from them before and would again. 30-Day Summary Total bids: 202 Items bid on: 148 Bid activity (%) with this seller: 87% Help Bid retractions: 0 Bid retractions (6 months): 18 . |
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The top bidders only having bids with PWCC is strange.
Bid retractions are strange. 14 years on my current account (over 3k feedback and have left over 4k) and my prior acct was from the Wild West days starting in 97'. Never retracted a bid and never stiffed a seller. I was ripped off several times in the money order days, but never for too much. Never bought a big ticket item till paypal. I have 23 different sellers in 30 days on my history snippet. That seems a little more normal. I bought a lot from PWCC today, and have in the past. I almost grabbed the Delong Gehrig as well...till my son asked me to cut a check for drivers training yesterday, lol. I'll buy from them again, but yes I admit these things certainly bother me. Another sales pitch for sniping software. It does not solve the problem, but it helps a 1000% more than letting someone peck away at a max bid for a week and then withdrawing their bid the moment they find it. |
Would love to hear from Brent at PWCC who does this for a living what he thinks about these bid retractions. Why so many for some of these bidders? What are the circumstances around using them? Just trying to get my head around justifying the legitimacy of both bidders with super high percentage of bids with one seller AND lots of retractions.
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I admit I have retracted maybe 3 bids this year but that was when someone bid retracted a bid over my bid and then I became the 'new' high bidder...so I said goodbye my bid......I rarely bid anything close to what I want to pay until people are not allowed to bid retract because of how close the auction is....I wait till last hour...I think they ban all bid retractions a few hours before but I not sure when exactly.. |
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Total SHILL marketplace.......check out the bidder percentages and see for yourself.
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card ended at almost $16k....Does anybody need a PSA 8 with a qualifier?:)
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Laughable !
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Wildly inflated prices on easily found cards, massive bid retractions of high bidders -- who only bid on PWCC auctions, troll accounts set up for the sole purpose of ripping critics. And yet the dimwits will support the guy even after he was caught juicing scans, lied about it on Net 54 and got caught, helped bidders avoid paying sales tax and is "all over" the shill bidders in his auctions -- except he's not. Same idiotic defense of Mastro and Allen from 8-9 years ago and look how that ended. If it looks like a fraud, walks like a fraud and smells like a fraud in this hobby you can be damn sure it's a fraud. Wake up -- or don't.
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If you doctored cards, where would you send them for auction. Ask yourself.
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Peter, well put.....buyer beware !
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Not every card is doctored = TRUE
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Card doctors will obviously NOT want to auction their own cards !
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@JustinD: I almost bought that Delong Gehrig. But decided a few days ago, to let it go. I had planned to use Gavelsnipe for the 1st time and probably would of won it at the price i had typed in or atleast jacked it up more, because i didnt have to worry about Buyer premiums. Wonder any board members ended up with it?? It was a nice 2 and centered.
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I have nothing against Brent or PWCC, but if you changed his name to Rick he'd be sitting in front of Joseph McCarthy by this point of the thread. I've bought from him before. Great cards, great scans, great shipping, and pleased, but I'm just lost at how he regularly gets 20%-30% more than major auction houses on big ticket items. I think he has built somewhat of a cult for his auctions (especially in the PSA circles), but you would have to deaf, blind, and mute to not believe there is bid manipulation on some consignments. I think "certified high-end" is a bit cartoonish as well, yet he's carved a position and career in the hobby. Kudos to him.
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I also have a theory that, when compared to AHs, I think ebay auctions tend to attract more "stupid money." Not saying that the bidders are unintelligent people, but I think the the low bid increments and the firm ending clock probably drive more emotional bidding of people who simply want to "win" more than procure a card. Plus, the universe of potential buyers - without the vetting done by an AH - is probably less sophisticated and contains those who are not as attuned about market pricing (hell, I was there once before I discovered AHs). I think the AHs probably attract a more savvy, experienced collector (and a lot of dealers) who are less likely to drive up prices for the sake of the rush. I know that happens, but my hypothesis is that it has a tendency to happen more on ebay auctions because of the structure and bidder population. |
cockroaches
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Bottom line, bid retractions are a simple but serious problem with the eBay system and we are working as hard as is humanly possible with eBay to have them update their software and bring about better control. Ebay has rules, and they simply don't enforce them. For us, we report each and every bid retraction we receive to eBay Trust & Safety. Those in violation are warned and then suspended by eBay if the action occurs again. This is nowhere near good enough. One point I want to convey is while some bidders may have 5, 10, 20+ bid retractions over the last year, none or at least very very few of those are with PWCC Auctions. We monitor the IDs of members who inappropriately retract bids if we see that act more than once the bid is blocked. if the bid retraction appears to be manipulative (i.e. to expose a high bid, etc) we block that user immediately on the first offense. The biggest problem is that most users don't know they are breaking the rules. Sure, they probably regret retracting a bid, but without any punishment the act of bid retractions becomes something of a habit. I frequently get the 'I didn't know I was breaking any rules' response when we confront a bidder on their first offense. Again, we are working with eBay on this topic and hope to have some positive progress later this year. Once we have something concrete we'll announce it on the boards. Regards, Brent Huigens PWCC Auctions |
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All of these accusations are items that we’ve addressed multiple times in multiple threads. If by chance there’s something new and specific that posses a concern, we are happy to address it, but ask that folks please respect the purpose the thread’s origination and if needed, start a new thread. In general if there’s a concern (or especially if it’s an accusation) we respectfully request that specific auctions and/or bidders be referenced such that we can properly address the concerns. Blanket allegations are impossible to address. Regards, Brent Huigens PWCC Auctions |
PWCC comments on T206 Cobb green back
We certainly received some eyebrow raising finishing prices last night, but honestly, this T206 Cobb was not one of them :)
My pre-auction estimate for this card was $12-$15k. I highly doubt anyone will ever see another example that looks this good sell for anything less. I personally believe a strong PSA 7 would easily eclipse $50k at auction, so it seems perfectly reasonable that an EX+/EXMT example with NRMT qualities is worth 1/3 the PSA 7 price. The entire hobby is maturing, and blue-chip cards with high-end eye appeal are consistently fetching record prices... as they should. Just my two cents. P.S. for those questioning the bidding, I would happy to provide specific bidder details to Leon Lucky for his review and comment. All 3 of the top bidders are highly reputable and consistent buyers of ours. Brent Huigens PWCC Auctions |
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PWCC honest? Yes they are maybe as honest as .......... |
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Finally, many of your high bidders have massive amounts of bid retractions which, to most on this board, seems fishy. None of these issues are "impossible to address" -- unless what you mean is that it is impossible to offer an innocent explanation. PS Doug Allen used to do the same thing on Net 54: claim it was all a witch hunt and blame me for starting it. Hope it works out better for you. And if you feel I'm libeling you, feel free to sue me. |
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Brent you call them blue chip...I call the waterfront/waterside properties.. |
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I have also found that I had a direct sale fall through because of price and that the same guy who refused to pay my asking price bid that much with PWCC..which cost me fees and I ended up netting less but for whatever reason the buyer would rather pay ebay the fees.. ebay allows for credit cards....which many AHs don't allow or charge additional fees...also PWCC doesn't have sales tax to most of the high bidders...those are factors....plus there is ebay bucks as well which on a 1000 dollar card could be a 10% savings for people on certain days.....$100 off.. |
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+++ Exactly. REA/Mile High/Memory Lane/Heritage/H&S....all have one thing in common; proprietary bidding software with no transparency. If you want to make an argument about shilling, start their first. |
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