Any News on PWCC Auctions Going Forward?

[Bobbycee]

Has anyone heard the latest on PWCC's status going forward? That includes any news on their own auctions after having been dropped by EBay. I see they still have the monthly 'Premier' auctions, but those are high end offerings only. They were supposed to have unveiled their plans by now, and yet there is nothing new on their website.

[steve B]

Probably busy making the regular cards into "high end" cards.

[RL]

Originally Posted by steve B

Probably busy making the regular cards into "high end" cards.

agree!!

[parkplace33]

Very interesting that nothing has come out yet.

[brianp-beme]

I saw this article about this 'issue':

https://www.yahoo.com/sports/former-...130046208.html

Brian

[mrreality68]

Originally Posted by brianp-beme

I saw this article about this 'issue':

https://www.yahoo.com/sports/former-...130046208.html

Brian

Interesting article thanks

I will be sitting out on the side lines for now and waiting to see how things play out.

[Snowman]

Their new platform is live. The current monthly auction has 42,378 cards in it. Bidding starts for baseball on 10/7 and ends on 10/24. Then basketball starts 10/8 and ends 10/25. Other sports stagger from there, and the final auctions end on 10/29.

I see a ton of great cards in this auction. Looks like they have 3 Wilt Chamberlain rookies, plenty of Babe Ruth and Ty Cobb, 1200+ Michael Jordan cards, etc. Might find some great deals if everyone else is avoiding them like the plague.

https://www.pwccmarketplace.com/current-auction?

[BobbyStrawberry]

Originally Posted by steve B

Probably busy making the regular cards into "high end" cards.

Lol.

[NYYFan63]

They are running premier auctions and read something today where they will start their normal auctions similar to their ebay auctions starting 10/6 I believe.


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[Bobbycee]

Originally Posted by NYYFan63

They are running premier auctions and read something today where they will start their normal auctions similar to their ebay auctions starting 10/6 I believe.


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THIS is what I thought they were going to do. Right now, their Premier auctions won't be viable for most collectors, with only top flight stuff available.

I'm a T206 collector. Right now they only have 1 T206 at auction: a PSA 6 Red Cobb. These types of high end auctions are not going to get them to the next level. They need to get back to the auctions they had on EBay, where they had many more people taking part of the auctions with more common /affordable cards available.

[NYYFan63]

Originally Posted by Bobbycee

THIS is what I thought they were going to do. Right now, their Premier auctions won't be viable for most collectors, with only top flight stuff available.

I'm a T206 collector. Right now they only have 1 T206 at auction: a PSA 6 Red Cobb. These types of high end auctions are not going to get them to the next level. They need to get back to the auctions they had on EBay, where they had many more people taking part of the auctions with more common /affordable cards available.

https://www.instagram.com/p/CUpyTRDJ...dium=copy_link


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[Schlesinj]

For anyone interested on the Collectible Daily podcast today they had a PWCC guy on talking about their new auction service. I listened on the way to work and from what I read they finished it quicker than expected and it will change. It will be a rolling auction, with the ability to have extensions that will speed up (vs the 15 minute version).

He did address eBay.

The podcast is about 10 minutes long.

[Steve D]

Since PWCC's ebay exit in mid-August, I have bought a grand total of 0 (zero) cards, simply because the cards I'm looking for haven't been there.

Normally, I'd average around 10-20 cards (from all sellers) each and every month.

Steve

[Snowman]

Originally Posted by Bobbycee

THIS is what I thought they were going to do. Right now, their Premier auctions won't be viable for most collectors, with only top flight stuff available.

I'm a T206 collector. Right now they only have 1 T206 at auction: a PSA 6 Red Cobb. These types of high end auctions are not going to get them to the next level. They need to get back to the auctions they had on EBay, where they had many more people taking part of the auctions with more common /affordable cards available.

There are 240 T206s currently listed on their new monthly auctions platform. All starting at $10.

https://www.pwccmarketplace.com/monthly-auction?q=T206

[troutbum97]

Wait.

So they’re having a monthly auction with 42,000 lots, but they’re relying on “word of mouth”, and they lack any direct communication line to notify many of their former eBay customers - unless if those customers already had a registered PWCC account ?


What ? I’m not sure they thought this through.
Quick math says they’re auctioning twice as many cards to a fraction of their previous buyers.

I might grab some popcorn for this.

[Snowman]

Originally Posted by troutbum97

Wait.

So they’re having a monthly auction with 42,000 lots, but they’re relying on “word of mouth”, and they lack any direct communication line to notify many of their former eBay customers - unless if those customers already had a registered PWCC account ?


What ? I’m not sure they thought this through.
Quick math says they’re auctioning twice as many cards to a fraction of their previous buyers.

I might grab some popcorn for this.

Supposedly, they have well over 100,000 active buyers' email addresses that have purchased cards from them in the past, per the podcast interview I heard with them. They're also pretty good at marketing on social media. Will be interesting to see some what the bid prices are. I'm sure there will be plenty of cards that slip through the cracks. There always is. But I doubt the high-end cards that are highly sought after are going to be selling for bargain prices. Something tells me that the Ty Cobbs won't be cheap.

[Bobbycee]

Originally Posted by Snowman

There are 240 T206s currently listed on their new monthly auctions platform. All starting at $10.

https://www.pwccmarketplace.com/monthly-auction?q=T206

Thanks for pointing this out. Until now, I had just thought they were only doing a high end "premier" type auction. They have done a terrible job on their website differentiating between the October auction & Premier. I guess they only put up the new-October auction within the last day.

[Snowman]

Originally Posted by Mrc32

I've recently ended up on their email list and I have never bought an item from PWCC or signed up on any of their sites.

That's interesting. I wonder if they purchased a lead list from somewhere? I know the sports betting websites do that.

Originally Posted by Bobbycee

Thanks for pointing this out. Until now, I had just thought they were only doing a high end "premier" type auction. They have done a terrible job on their website differentiating between the October auction & Premier. I guess they only put up the new-October auction within the last day.

Ya, my understanding is that it just launched yesterday. I learned about it on social media.

[Santo10Fan]

It's still selling on ebay under the name pristinemjsports

[Kidnapped18]

PWCC has an auction starting tomorrow with a lot of cards I'm interested in.

I'm about to signup/register now.

[Rhotchkiss]

Is PWCC charging a buyers premium on their regular, monthly auctions? (They do charge the normal 20% BP on their premium auction)

[Kidnapped18]

Originally Posted by Rhotchkiss

Is PWCC charging a buyers premium on their regular, monthly auctions? (They do charge the normal 20% BP on their premium auction)

Ryan this is what I received from PWCC:
Hello Tony. There is not a buyers premium for items in our Monthly auctions. For full details on the New Monthly Auction you can see our FAQ through the link below and the fees on the link below that.

https://www.pwccmarketplace.com/faq#about-monthly
https://www.pwccmarketplace.com/submit-to-auction

[Snowman]

Originally Posted by Rhotchkiss

Is PWCC charging a buyers premium on their regular, monthly auctions? (They do charge the normal 20% BP on their premium auction)

I was wondering the same thing, but couldn't find any mention of it on their website. I doubt they will though. I think it's safe to assume the answer is no unless the listings themselves state otherwise. On their Premier Auctions, it notifies you of a 20% buyer's premium every time you bid, so I assume these would be the same if it applied.

From a business process standpoint, I think it would be a mistake for them to do it that way since most of these buyers and consigners are used to dealing with them through eBay and are used to just paying PWCC a consignment fee of x% of the closing price. I think BPs are seen more in the premium auction house space, so they probably won't want to introduce that onto this new platform as it would certainly upset a sizeable portion of their customer base.