Question about eBay Seller mwcards

[Andretti83]

Hello,

Has anyone had any feedback regarding mwcards on eBay. Many know who this seller is out of Pittsburgh.

He hasn't replied now to 2-different offers I've submitted in the last couple of months and even increased the price on 1-card from $100 to $150 after my offer yesterday. Just wondering if these actions are common place for his online business? Seems dysfunctional, but I don't own the business.

To abide by Leon's rules, my name is Mario Borgerding.

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[Peter_Spaeth]

Mike Wheat. Old time dealer. Honest as they come.

[Beatles Guy]

I've had a few transactions with them and no issues.

[pkaufman]

Old time dealer - yes. Inventory never changes - yes again.

[ls7plus]

Originally Posted by Peter_Spaeth

Mike Wheat. Old time dealer. Honest as they come.

+1. Used to be with Wayne Varner in Doubleheaders or Shoebox cards (I've now managed to forget which of the two came first). I've spoken with and occasionally bought from him at shows since at least 1990.

Regards, guys,

Larry

[BeanTown]

Originally Posted by ls7plus

+1. Used to be with Wayne Varner in Doubleheaders or Shoebox cards (I've now managed to forget which of the two came first). I've spoken with and occasionally bought from him at shows since at least 1990.

Regards, guys,

Larry

I think Wayne Varner was first as memory comes and goes😀

[JEFFV96MASTERS]

Post/opinion no longer available

[egbeachley]

Just an Observation
-------------------

With many old-time sellers, many collectors hit the BIN and pay asking price (irrelevant if higher than VCP) and receive the card. No problems and seller is considered trustworthy, honest as they come, great to deal with, etc. Actually it's impossible to judge based on these transactions.

But then many others have issues with overgrading, poor or no communication, annoying tactics, etc. To me what's where you learn about a person's character. But too often these are drowned out by those who who bid, paid, received.

I had the same issue with another old-time collector and brought out a chorus of others with similar and other problems. But "How dare we call out a hobby legend"! Didn't matter that the reputation far exceeded reality.

[Andretti83]

Hmm...I'm curious because I offered 90% of asking and no reply. Why up the price for a card that has been for sale over 1-year with no bites? Seems a bit off to me.

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[pkaufman]

Dealer is far removed from current transaction realities.

[johnmh71]

I have bought some cards from him through best offers. He has not always accepted my offers, but usually responds quickly and has been good to deal with.

[bnorth]

Originally Posted by Andretti83

Hello,

Has anyone had any feedback regarding mwcards on eBay. Many know who this seller is out of Pittsburgh.

He hasn't replied now to 2-different offers I've submitted in the last couple of months and even increased the price on 1-card from $100 to $150 after my offer yesterday. Just wondering if these actions are common place for his online business? Seems dysfunctional, but I don't own the business.

To abide by Leon's rules, my name is Mario Borgerding.

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I know some sellers increase their price on a card after too many low ball offers from one or more people.

If that is Mike Wheat I have had 2 transactions with him and they could not have been better in any way.

[Andretti83]

Not sure what happened. Didn't call him out just offered more than VCP for the card. As a seller, I would be happy. Maybe the end result will be positive.

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[HRBAKER]

Very good seller, been in the hobby for years.

I've purchased a few cards from Mike Wheat over the years and have never had a problem.

[gnaz01]

Very trustworthy seller!!

[steve B]

One transaction.

Not at all good, one of the few negatives I've left in over 15 years.

Trimmed, overgraded even if not trimmed but flaws hidden in the typically overexposed scans. No communication until after I left the negative, then excuses and finally took it back. Then asked me to remove the neg.

But he has a good reputation and has been around a long time. So maybe you'll have better luck.


Steve Birmingham

[dabigyankeeman]

I have bought a lot from him over the years and never had a problem, but I very rarely make offers, I usually just accept the asking price.

[mark evans]

Originally Posted by Andretti83

Not sure what happened. Didn't call him out just offered more than VCP for the card. As a seller, I would be happy. Maybe the end result will be positive.

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In my experience, most sellers who list BIN have no interest in VCP prices. If they did, they would list as auctions instead. As a collector, eBay was more productive and fun before the popularity of BIN listings.

[Andretti83]

Originally Posted by mark evans

In my experience, most sellers who list BIN have no interest in VCP prices. If they did, they would list as auctions instead. As a collector, eBay was more productive and fun before the popularity of BIN listings.

True statement, Mark. While you can find deals once in a while from BIN, most of the time they are overpriced. Guess I am learning first hand. Never dealt with MW before but I know most buyers won't pay 1.5-2x price unless demand justifies. In this case, I'm sure the card will sit.

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[Sean1125]

Originally Posted by mark evans

In my experience, most sellers who list BIN have no interest in VCP prices. If they did, they would list as auctions instead. As a collector, eBay was more productive and fun before the popularity of BIN listings.

I respectfully disagree. I will post items at 50-100% above VCP average if I do not want to risk auctioning them. If someone comes in or slightly above the average and the card is average I will accept the offer.

There are cards that are incredibly high end for their grade and demand a rightful premium.

As an example there is a beautiful, perfectly centered PSA 4.5 Mantle that sold for just over $36,000 a short year ago - that card was purchased at more than twice the average and is now still worth well above average.

[1952boyntoncollector]

Originally Posted by Sean1125

I respectfully disagree. I will post items at 50-100% above VCP average if I do not want to risk auctioning them. If someone comes in or slightly above the average and the card is average I will accept the offer.

There are cards that are incredibly high end for their grade and demand a rightful premium.

As an example there is a beautiful, perfectly centered PSA 4.5 Mantle that sold for just over $36,000 a short year ago - that card was purchased at more than twice the average and is now still worth well above average.

when buying above VCP with BIN you are also buying for convennce so you don't have to wait months from now and you are also buying certainty.......it sucks to lose by 5 dollars last second in an auction...sometimes on ebay you get ebay bucks 3-5x as well which can get you down into the VCP range..,

[mark evans]

Sean and Jake make good points. But, I think my basic premise is still sound: as a general rule, buyers make out better in auctions than in BIN listings. In my opinion, the reason most sellers list BIN is to attempt to sell their items above auction (fair market) value.

I'm not being critical. Sellers are of course free to sell their cards at any price they wish, or not at all. My point is that eBay was a good bit more productive and fun for me before BINs, which comprise the vast majority of card listings.

[pbspelly]

Originally Posted by mark evans

eBay was more productive and fun before the popularity of BIN listings.

I agree. From a buyer's perspective, I think it is almost indisputable that there are not as many real bargains on eBay these days. It's not just due to the BIN listings, though. I think it also has to do with the maturing of the eBay marketplace. EBay made it a lot easier for amateurs to put their collectibles up for sale, so they did. In the last fifteen years there's been this massive redistribution of collectibles from the unknowledgeable and inexperienced to those who know the true value of the items. Simply put, far fewer collectibles are still in the hands of people who don't know what they're worth. Hence, higher prices.

[D. Bergin]

I wonder if everybody is forgetting that it's just been a few years since Ebay essentially killed off more then half it's auction business chasing the Amazon model, and killing any incentives for sellers to offer auctions over BIN's by exponentially raising the commission rates for auctions to the same rate as BIN's.

It used to be a sliding scale from around 9% to 2.5%, depending on how much the item sold for, and you only had to get above 10 bucks for the scale to start sliding downward. Now they take 10% across the board (not taking into account TRS discounts), including shipping. The cost to auction a $100 item nearly tripled overnight.

Drove a lot of the established auction consignment sellers (especially the smaller ones) completely out of the business. A lot of the ones that stuck around chose to go with a BIN model instead.

[1952boyntoncollector]

Originally Posted by pbspelly

I agree. From a buyer's perspective, I think it is almost indisputable that there are not as many real bargains on eBay these days. It's not just due to the BIN listings, though. I think it also has to do with the maturing of the eBay marketplace. EBay made it a lot easier for amateurs to put their collectibles up for sale, so they did. In the last fifteen years there's been this massive redistribution of collectibles from the unknowledgeable and inexperienced to those who know the true value of the items. Simply put, far fewer collectibles are still in the hands of people who don't know what they're worth. Hence, higher prices.

right...actually getting cards at 'market' price are the real bargains now....you get rewarded for that auction that comes out once a year that finally has your card and now you have it.......try getting someone to sell a card at 'market price' you will argue about what that means.......plus if really want a card a BIN is going to be cheaper than getting the card from someone from their personal collection.......there are some cards that go up in price though and the BINs look cheap when they were bought...I know I bought every Jackie robinson psa 8 1954-1956 I could get my hands on 6 or so years ago and many were purchased by BINs and I made money on all of them that I sold this year at auction..