Consignor Frustrations - Probstein

[savedfrommyspokes]

Originally Posted by lahmejoon

Wow, that's pretty reasonable. I've never consigned anything before, but it would seem that with the premium his auctions tend to get, a seller could come out the same or better with less hassle. What is PWCC's pricing structure?

Here are PWCC's rates off of their website:

Single Graded Cards (PSA, SGC, BVG, BGS)
Auction Sale Price Rate
$0 - $100* $6 + 10%*
$100 - $200* 15.0%*
$200 - $1,000 13.5%
$1,000 - $2,000 12.0%
$2,000 - $3,000 11.0%
$3,000 - $4,000 10.0%
$4,000 - $5,000 9.0%
$5,000 - up 8.0%
* Ask for special PSA 'Set Break' & volume discounts for these rate categories: brent@pwccauctions.com


Single Ungraded Cards*, Small Group Lots**, Memorabilia***
Auction Sale Price Rate
Minimum $50 Auction Value
$50 - $100 $10 + 10%
$100 - $200 20.0%
$200 - $500 17.5%
$500 - $2,000 15%
$2,000 - $5,000 12.5%
$5,000 - up 10%
* Singles graded by companies other than PSA, SGC, or BVG/BGS are considered ungraded
** Small group lots can contain up to 50 raw or graded cards per lot
*** All memorabilia must be authenticated by PSA/DNA, JSA, UDA, or Steiner

Complete Sets & Large Group Lots
Auction Sale Price Rate
Minimum $250 Auction Value
$250 - $500 $50 + 10%
$500 - $1,000 20.0%
$1,000 - $2,000 15.0%
$2,000 - $5,000 12.5%
$5,000 - up 10%

Unless PWCC and Probstein are getting a better deal from ebay, they pay 8% (after their TRS discount) to ebay for their final value fees. Depending on how they have set up their incoming payments through paypal, they are likely paying between 1-2%/per dollar on their incoming paypal payments.