ebay finds that PWCC engaged in shill bidding?

[Johnny630]

I sit and think back it’s really sad all the manipulation that has occurred. The even more depressing thing is people are still worshiping at the PWCC alter.


A fool and their money are soon parted.

[Jersey City Giants]

Originally Posted by Johnny630

I sit and think back it’s really sad all the manipulation that has occurred. The even more depressing thing is people are still worshiping at the PWCC alter.


A fool and their money are soon parted.

Totally agree with the manipulation. While happy with the cards I have purchased over the years from PWCC, I will never bid on one of their auctions again.

[Eric72]

"Market price" has changed drastically over the past 18 months or so...with all the new "collector/investors" looking to "acquire assets" that they can "flip quickly" based on "current comps."

Things were a bit simpler when people just collected cards.

[imdaman1964]

Has anyone ever thought that EBAY also stands to benefit by taking back market share as well as getting full % margins from sales that PWCC had already negotiated a fixed rate commission on.

More sellers cards migrate back onto the EBAY platform while tainting PWCC's reputation all in one neat email?

Either way, both platforms have effectively driven up transactional costs for the collector

[BobC]

Originally Posted by imdaman1964

Has anyone ever thought that EBAY also stands to benefit by taking back market share as well as getting full % margins from sales that PWCC had already negotiated a fixed rate commission on.

More sellers cards migrate back onto the EBAY platform while tainting PWCC's reputation all in one neat email?

Either way, both platforms have effectively driven up transactional costs for the collector

Valid point.

[Aquarian Sports Cards]

On a related note, for those despairing due to the length of the investigation, I don't think the FBI has given up on the hobby:

https://www.sportscollectorsdaily.co...gery-sentence/