Increcible prices for PWCC auctions

Peter_Spaeth · #1 04-03-2013, 07:55 AM

Quote:

Originally Posted by CMIZ5290

The cut on the top of the card looks suspicious, especially on the back side. It almost appears to be jagged. How in the world can this card bring $8200?

Good question. Even as a killer 84 history would say it is worth half what it sold for. PWCC in general seems to get exceptional prices but this one struck me as particularly out of line.

The red heart mantle chuck posted makes no sense either, on a smaller scale.

Peter_Spaeth · #2 04-04-2013, 12:03 PM

Not particularly well centered, but nevertheless a new world record for PWCC at least for reported VCP sales, besting the old record by over $1300 unless I missed something.

http://www.ebay.com/itm/1954-Topps-H...p2047675.l2557

Time to consign it all?

Peter_Spaeth · #3 04-05-2013, 10:20 AM

Nobody cares apparently, but here's a major record-setter, at 1225 and not even closed yet with VCP average 500.

http://www.ebay.com/itm/400448814894...84.m1438.l2649

freakhappy · #4 04-05-2013, 10:25 AM

Why are these prices going berserk? Is there that much to be said about PWCC that their prices realized are double VCP?. I'm having a hard time understanding all of this.

Peter_Spaeth · #5 04-05-2013, 10:28 AM

Quote:

Originally Posted by freakhappy

Why are these prices going berserk? Is there that much to be said about PWCC that their prices realized are double VCP?. I'm having a hard time understanding all of this.

Dunno. Apparently whenever anyone tries to discuss this at CU it gets poofed.

Peter_Spaeth · #6 04-05-2013, 10:33 AM

Here is a good one. $2500 card. Sold for $5101.

http://www.ebay.com/itm/1957-Topps-M...p2047675.l2557

Leon · #7 04-05-2013, 10:39 AM

Quote:

Originally Posted by freakhappy

Why are these prices going berserk? Is there that much to be said about PWCC that their prices realized are double VCP?. I'm having a hard time understanding all of this.

Probably safety bids that aren't really happening. My feeling has always been that ebay is a safe haven for people bidding on their own stuff that is consigned. And when the big sellers get told about it they sort of deal with it. (when forced) Just my opinion. I don't see a seller adding double the value to a fairly common card...but maybe I don't know the value they provide.

lharri3600 · #8 04-05-2013, 10:50 AM

If these are true bids I'm going to send him a 1952 Topps Mantle PSA 3 soon

peterose4hof · #9 04-05-2013, 10:55 AM

The two highest bidders on the 1975 Brett have a decent percentage of their bids with PWCC and both have multiple retractions to their credit.

theuclakid · #10 04-05-2013, 10:57 AM

I don't think it is a wild shot in the dark to strongly believe some consignors are running up bids on their cards, either by themselves or by "friends"...many of these cards garnering outrageous bids are nothing "special" for the grade, and are often available for considerably less as a BIN on Ebay...I have been told in years past by auctions houses (who wanted my consignments) that they would "make sure" that the bids on my cards would reach a "safe" level. Bidders have to be careful, not get involved emotionally in the bidding process, and stick with their own ceiling, and understand these "practices" are rampant....but "overlooked" for the most part....Bruce Perry

Peter_Spaeth · #11 04-05-2013, 11:01 AM

Bruce, we could have a whole other discussion about the identity of some of those consignors, couldn't we? What a world.

Bosox Blair · #12 04-05-2013, 11:48 AM

By coincidence, I just won a couple lots from PWCC on eBay. Prices were good and well under my snipe bids (which were based on VCP records of recent past auctions).

Also, I spoke with Brent there on the telephone regarding shipping and he was very, very good to deal with - responsive and service-oriented.

Count me as a happy customer (and no other affiliation).

Cheers,
Blair

Leon · #13 04-05-2013, 11:52 AM

Quote:

Originally Posted by Bosox Blair

By coincidence, I just won a couple lots from PWCC on eBay. Prices were good and well under my snipe bids (which were based on VCP records of recent past auctions).

Also, I spoke with Brent there on the telephone regarding shipping and he was very, very good to deal with - responsive and service-oriented.

Count me as a happy customer (and no other affiliation).

Cheers,
Blair

Blair, there is no doubt he is a good seller and gives great customer service. There is also no doubt that the majority of his auctions probably don't have consignors or friends of consignors bidding on their own items. It's hard to explain some of the other things we have seen though. And I will even add that my few experiences with his company have been the same as yours.

Cardboard Junkie · #14 04-05-2013, 12:06 PM

I concur. PWCC is one of the best. Always has great consignments and spectacular service. A credit to the hobby. Dave.

Peter_Spaeth · #15 04-05-2013, 12:19 PM

Quote:

Originally Posted by Cardboard Junkie

I concur. PWCC is one of the best. Always has great consignments and spectacular service. A credit to the hobby. Dave.

Would it concern you if (hypothetically) some of those consignments were from, shall we say, less than reputable sources? Just curious.

Cardboard Junkie · #16 04-05-2013, 12:27 PM

Quote:

Originally Posted by Peter_Spaeth

Would it concern you if (hypothetically) some of those consignments were from, shall we say, less than reputable sources? Just curious.

I don't think so, unless I suspected cards had been doctored.

botn · #17 04-05-2013, 01:01 PM

Quote:

Originally Posted by Cardboard Junkie

I don't think so, unless I suspected cards had been doctored.

LOLOLOLOLOL

As for these astronomical final bids on those auctions pointed out on the thread, assuming they are shilled or protected by the consignor can someone explain who on earth would shill or protect an auction to 50%, or more, over the last highest recorded sale on cards which are readily available? Not like consignors or those placing those bids know the ceiling bids or the bids that will be made by the eventual winner. Seems ridiculously risky to bid up something that high not knowing how high you can go. If these items are actually being won by real bidders then it is a real head scratcher.

Peter_Spaeth · #18 04-05-2013, 01:02 PM

As it is often hard to tell doctoring from scans, I personally am suspicious of cards from people widely thought to be card doctors whether or not I can spot obvious evidence of alteration. But whatever, that's just my personal preference.

Touch'EmAll · #19 04-05-2013, 12:07 PM

I have a run of Aaron's in PSA 8 and always keep an eye out for them.

I did bid on a handful of vintage Aaron's, with healthy bids, and won none.

The prices seem to have really jumped. Even with other ebay sellers, Aaron's and early Nolan Ryan's have have hit a new higher price level.

And a while back I posted about some T206's also going for more than expected prices.

Good signs for the hobby. After all, they aren't making any more of this stuff (supply) and demand seems to be high.