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Old 12-25-2021, 06:38 AM
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Snowman Snowman is offline
Travis
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Join Date: Jul 2021
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I'm surprised by how few people actually seem to understand the fees associated with each of the various selling options.

I constantly hear people comparing PWCC or Probstein fees to eBay even for higher end cards, saying something like "eBay charges 12.5%", so you're better off selling through Probstein anyhow because they only charge 10% or some such nonsense. If you have an ebay store (which only costs something like $20 per month), then those 12.5% selling fees only apply to the first $2500. Any amount above that only gets charged a 2.5% payment processing fee. If you sell a card for $15,000 on ebay, your total fees will be $625 (12.5% of $2500 + 2.5% of $12,500), which is only 4.2%. If you sell that same card through Probstein for $15,000, you'll pay $1500 in fees since that tier comes with a 10% consignment fee. And even if you sell through PWCC with their 20% buyers premium model, you're still not paying anywhere near 20% in actual fees as they give you a percentage of that buyers premium. For a card that sells for $15,000, they give you 110% of the hammer price, or half of the buyers premium. But even that still doesn't work out to paying a 10% fee. To figure out the true percentage, you take the amount you receive divided by the amount the buyer actually pays. So if they paid $15,000 with the buyers premium, then the hammer price was $12,500 + a $2500 buyer's premium, which you get half of. So, you would pay $1250 out of the $15,000 in fees to PWCC, which is 8.3%.

Cliff notes - if you sell a $15,000 card your fees would be
$625 on ebay (4.2%)
~$675 on myslabs.com (~4.5%, NOT 1% as advertised)
$1250 on PWCC (8.3%)
$1500 through Probstein (10%)

And even for the cheapest cards on PWCC that only sell for less than $50, which comes with the full 20% buyers premium going to PWCC, you still aren't paying them 20%. You're paying $2 in fees for a $12 sale, which is 16.7%, not 20%.
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