Increcible prices for PWCC auctions

[Leon]

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]

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

[peterose4hof]

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]

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]

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