PWCC Auction

[Yoda]

How did everybody do at the PWCC auction last night? I thought prices were pretty impressive, particularly with such a shaky stock market at the moment. Despite many bids, only landed 1 card of note, the E121 Cobb pitching PSA 5.

[Sean]

I missed out on the M101-2 Merkle...by 95 cents.

[t206hound]

I got the one card I wanted, Charley Carr AB350 (with FF Baker stamp). Was interested in the T206 lots, but they exceeded my estimates.

[x2drich2000]

I got the e92 Nadja Schmidt. All I am going to say is ouch, that hurt.

DJ

[ccre]

I got a Hughie Jennings Tango Egg but lost out on a ton of others. Seems like bidding was very strong especially for Super Bowl Sunday.

[jbl79]

Picked up the 2 cards that I really wanted, the E98 Red Cobb and the '33 WWG Foxx.

A couple cards that stood out was the T206 Red Cobb in PSA 8 going for $35K and the 33 Goudey #149 Babe Ruth PSA 7 that went for just under $45K. The Cobb was really nice but the registration was not spot on to warrant a record price IMO. The Ruth is a beautiful card. Not sure why it only graded a '7'. I guess the PWCC "certified high-end" seems to have a major influence in a lot of peoples mind.

[Thromdog]

Marquard hands at thighs SGC 20 EPDG......very happy.

[RaidonCollects]

Would have loved to get the E107 Dineen (Dinneen), but I knew for the start it would go 10x my current estimated net worth

I'm glad some of you got what you wanted,

~Owen

[bnorth]

Originally Posted by RaidonCollects

Would have loved to get the E107 Dineen (Dinneen), but I knew for the start it would go 10x my current estimated net worth

I'm glad some of you got what you wanted,

~Owen

Lol, I have that same problem.

[midmo]

I picked up a couple DeLongs. Just 5 more needed to finish the set.

[Tennis13]

Struck out. I bid for the 1933 Goudey Gehrig but the price moved like $1000 in the last 60 seconds. Interesting enough, the 1934 Gehrig price held steady for over an hour and never moved.

[gemmint77]

I bid on and won a T206 Hughie Jennings PSA 3.

[kmac32]

I got 1 T205 but I didn't try very hard as I got 9 cards earlier on Saturday in Long Beach and 2 elsewhere online.

[itjclarke]

Was watching a few closely, but got blown out of the water early on all. Hoping they just regularly strong PWCC prices more so than trends or else I may never get my hands on a couple I really want.

Wasn't interested in this one, but watched it. Clearly a whiff by PSA, and not sure the buyer caught it either... but credit to PWCC for pointing it out.

http://www.ebay.com/itm/1909-11-T206...p2047675.l2557

[iwantitiwinit]

Honestly, I don't even look at the PWCC offered cards on ebay I simply skim over them since I feel I can get a similar card for only 75% of what it would cost me to buy them thru PWCC. Am I alone in this? Why would I chose to pay more.

[glynparson]

From pwcc. They do have a good following but occasionally things slip through the cracks like any other auction. Generally though they do get strong prices.

[1952boyntoncollector]

Originally Posted by glynparson

From pwcc. They do have a good following but occasionally things slip through the cracks like any other auction. Generally though they do get strong prices.

right and you not have to worry about buyers not paying etc when you consign, everyone is saying on this thread that the prices they get are generally strong, some say they they pay 75% elsewhere because PWCC is so strong with prices...seems like a win win for sellers

[JustinD]

Originally Posted by midmo

I picked up a couple DeLongs. Just 5 more needed to finish the set.

I am a bit bummed I did not set my snipe higher on the Grove. Those just don't pop up as much in the 2.5-4 grade I am building my set with.

...and it's weird that the two Justins on the board are bidding against each other and building the same set, lol.

[savedfrommyspokes]

From last evening.....who would have guessed this one:

http://www.ebay.com/itm/1952-Topps-A...oAAOSwJb9Wq7xG

Two last second bids and the item more than tripled in value and sold for $350 more than the 3rd highest bid

[Iron Horse]

World record prices all over his auction. Not sure how he does it but i suppose it is real??
He does get great stuff, will admit
1955 Koufax in PSA 5 i was bidding on went for $731.11

[bbcardzman]

Originally Posted by iwantitiwinit

Honestly, I don't even look at the PWCC offered cards on ebay I simply skim over them since I feel I can get a similar card for only 75% of what it would cost me to buy them thru PWCC. Am I alone in this? Why would I chose to pay more.

+1 Agreed

[Touch'EmAll]

Yes, I too was looking at the T206's in particular. Both Cobb reds seemed to have those blurry eyes. But the prices were over what I thought they would go for. Nice to see actual eBay auctions getting great prices - these cards do not go up for eBay auction as often as they used to years ago.

The 1952 Topps Mays cards went way high also, whew!

Keep your good stuff, folks. Wait another 10 years and slam dunk great investments.

[midmo]

Originally Posted by JustinD

I am a bit bummed I did not set my snipe higher on the Grove. Those just don't pop up as much in the 2.5-4 grade I am building my set with.

...and it's weird that the two Justins on the board are bidding against each other and building the same set, lol.

Ha, if it makes you feel any better, I didn't get the Grove either...

[bobbyw8469]

Yes, I too was looking at the T206's in particular. Both Cobb reds seemed to have those blurry eyes. But the prices were over what I thought they would go for. Nice to see actual eBay auctions getting great prices - these cards do not go up for eBay auction as often as they used to years ago.

It's a catch-22. Sellers got tired of seeing their auctions sell for peanuts, so the auctions dried up. When everyone started seeing Probstein and PWCC get record prices, then instead of selling items themselves, they just sent them off to those two. Which gives us the current state of the hobby we are experiencing.

[jason.1969]

Broke my heart to barely lose out on the DeLong Chuck Klein. Some minor paper loss on the back lead to a very low grade, but the front was a beauty.

I would have loved to bid even higher, but I'm at a tough spot in my life at the moment. Still, fell in love with that card and for a moment thought it was mine. (We've all been there, right?)

Sent from my SAMSUNG-SM-N910A using Tapatalk

[Touch'EmAll]

That PSA 5.5 Cobb Green that went crazy few months ago - doesn't seem so crazy now.

Anyone get a feel for SGC vs. PSA? Did SGC's go well or are they still a big lag behind PSA?

[bobbyw8469]

Did SGC's go well or are they still a big lag behind PSA?

Big lag.

[1952boyntoncollector]

Originally Posted by savedfrommyspokes

From last evening.....who would have guessed this one:

http://www.ebay.com/itm/1952-Topps-A...oAAOSwJb9Wq7xG

Two last second bids and the item more than tripled in value and sold for $350 more than the 3rd highest bid

yeah there is huge price ranges on the rosen but 250-350 is the range without those 2 over market bidders..

even in 1954 topps high grade cards there were big prices..

[1952boyntoncollector]

Originally Posted by 100backstroke

That PSA 5.5 Cobb Green that went crazy few months ago - doesn't seem so crazy now.

Anyone get a feel for SGC vs. PSA? Did SGC's go well or are they still a big lag behind PSA?

SGCs lagging behind except for key cards in mid grade ...like psa 5 mickey mantles 1952s would be much closer in terms of percent difference versus a PsA 8


a centered PSA 4 green cobb just went for 4500 on ebay auction..super super centered..but PSA 5 is a whole different animal than a PSA 4 where the multiplier of value can occur...and 5.5 even more I guess...so not so crazy on that purchase you referenced

[h2oya311]

Originally Posted by glynparson

From pwcc. They do have a good following but occasionally things slip through the cracks like any other auction. Generally though they do get strong prices.

The cards that slip through the cracks in the PWCC auctions are the ones that honest sellers typically consign. Since I don't shill the stuff I consign to PWCC, you can sometimes get a bargain. Hello people!!! Read the other thread and WAKE UP!!

edited to add that some of my consignments did sell for great prices (so there is certainly a PWCC following)...but it's mostly for the PSA or set-building type cards...the obscure stuff (the stuff that I like) does slip through the cracks sometimes. But if a PWCC auction has the words "PSA" in the item description, you might as well expect to pay 20-40% more than the guy who consigned the card after purchasing it on eBay less than three months prior.

[CW]

Originally Posted by itjclarke

Was watching a few closely, but got blown out of the water early on all. Hoping they just regularly strong PWCC prices more so than trends or else I may never get my hands on a couple I really want.

Wasn't interested in this one, but watched it. Clearly a whiff by PSA, and not sure the buyer caught it either... but credit to PWCC for pointing it out.

http://www.ebay.com/itm/1909-11-T206...p2047675.l2557

Maybe I'm out of touch with what a PSA 4 Cy Young glove shows sells for these days, but the pen marks did not seem to hurt the final price. Crazy.

[ullmandds]

Originally Posted by h2oya311

The cards that slip through the cracks in the PWCC auctions are the ones that honest sellers typically consign. Since I don't shill the stuff I consign to PWCC, you can sometimes get a bargain. Hello people!!! Read the other thread and WAKE UP!!

edited to add that some of my consignments did sell for great prices (so there is certainly a PWCC following)...but it's mostly for the PSA or set-building type cards...the obscure stuff (the stuff that I like) does slip through the cracks sometimes. But if a PWCC auction has the words "PSA" in the item description, you might as well expect to pay 20-40% more than the guy who consigned the card after purchasing it on eBay less than three months prior.

HONESTLY...it's like noone seems to care about PWCC's history?!?!? Keep wearing those blinders folks...after all cardboard trumps all!

[bobbyw8469]

Originally Posted by ullmandds

HONESTLY...it's like noone seems to care about PWCC's history?!?!? Keep wearing those blinders folks...after all cardboard trumps all!

20-40% markup on EVERY card within a 3-month period??? I guess I can just quit my job, win cards on Ebay from normal/other sellers, and just consign with PWCC, sit back and collect 30%??? Sounds good!

[kailes2872]

Originally Posted by 1952boyntoncollector

yeah there is huge price ranges on the rosen but 250-350 is the range without those 2 over market bidders..

even in 1954 topps high grade cards there were big prices..

Was looking at a 54 Williams #250 that was certified high end and it went for about 2.5-3x a normal PSA 6. 1724!!

[h2oya311]

Originally Posted by bobbyw8469

20-40% markup on EVERY card within a 3-month period??? I guess I can just quit my job, win cards on Ebay from normal/other sellers, and just consign with PWCC, sit back and collect 30%??? Sounds good!

I can assure you that someone is doing just that...and likely shilling their auctions to ensure a profit. Keep in mind that PWCC will take at least a 10% cut of that amount, so you can still rake in 10-30% if you are smart. Take a look at some of the items in the last auction and tell me you haven't seen the exact same cards offered before. Just look at VCP images to see. The results may alarm you!

[bobbyw8469]

Originally Posted by h2oya311

I can assure you that someone is doing just that...and likely shilling their auctions to ensure a profit. Keep in mind that PWCC will take at least a 10% cut of that amount, so you can still rake in 10-30% if you are smart. Take a look at some of the items in the last auction and tell me you haven't seen the exact same cards offered before. Just look at VCP images to see. The results may alarm you!

Can you link just a couple for posterity sake?? I don't really follow PWCC.

[itjclarke]

Originally Posted by CW

Maybe I'm out of touch with what a PSA 4 Cy Young glove shows sells for these days, but the pen marks did not seem to hurt the final price. Crazy.

Pretty strong indeed. It actually recently for $1058 too!! Which also seems really strong for a marked card.

[xplainer]

I'm not a big baller, but this weekend, I stopped bidding on a PWCC card because I felt something wasn't right. I was the top bidder until the last day. Then, out of the blue, someone came in and started bumping my bids. I'd increase my bid, and hour or so later, it was bumped again. Happened three times. So, not auto bids I know.

He has 20% bids with the same seller in the past 12 months. With no wins I can see.

It was a low cost card and I bowed out at 20 bucks. But I felt something is wrong when this dude over bids me by 1.50 every couple of hours.

And in the end, he didn't even win. Closed at 27.50.

I know most of you are in it for big bucks. But this stuff also affects us down toward the low end too.

[Peter_Spaeth]

Originally Posted by xplainer

I'm not a big baller, but this weekend, I stopped bidding on a PWCC card because I felt something wasn't right. I was the top bidder until the last day. Then, out of the blue, someone came in and started bumping my bids. I'd increase my bid, and hour or so later, it was bumped again. Happened three times. So, not auto bids I know.

He has 20% bids with the same seller in the past 12 months. With no wins I can see.

It was a low cost card and I bowed out at 20 bucks. But I felt something is wrong when this dude over bids me by 1.50 every couple of hours.

And in the end, he didn't even win. Closed at 27.50.

I know most of you are in it for big bucks. But this stuff also affects us down toward the low end too.

Maybe he was wondering why you kept bumping him?

[begsu1013]

Originally Posted by Peter_Spaeth

Maybe he was wondering why you kept bumping him?

so it was you!?!?! and yeah! why where you bumping me? ; )

[Jantz]

Originally Posted by ullmandds

HONESTLY...it's like noone seems to care about PWCC's history?!?!? Keep wearing those blinders folks...after all cardboard trumps all!

Pete

Just go bang your head against a brick wall. Trust me, it will be less painful!

[ullmandds]

Originally Posted by Jantz

Pete

Just go bang your head against a brick wall. Trust me, it will be less painful!

I experience no pain watching many of you get ripped off... But it is certainly head shaking!!

You can lead a horse to water but you can't make him drink .

[Jantz]

You and I are in total agreement on this one Pete.

This thread reads like the Who's Who on a future list.

[1952boyntoncollector]

Originally Posted by ullmandds

I experience no pain watching many of you get ripped off... But it is certainly head shaking!!

You can lead a horse to water but you can't make him drink .

yeah but you can give the horse an IV bag..



if you aren't shilling your own auctions with PWCC , and they are getting great prices for you...so obviously there is no shilling there, doesn't that mean that PWCC is doing a good job for those sellers?

[1952boyntoncollector]

Originally Posted by bobbyw8469

20-40% markup on EVERY card within a 3-month period??? I guess I can just quit my job, win cards on Ebay from normal/other sellers, and just consign with PWCC, sit back and collect 30%??? Sounds good!

actually you have complained they got low prices for you...cant have it both ways

something that is overlooked is when I was buying 1952 topps..and there was one or two cards I wanted with a seller and I don't use a snipe service..many times I would miss the auction..but when there were 15 or so cards with PWCC I usually made time for that auction and also bid on some other cards in that grouping...when there are 70 or so cards of the same year and grade of a set..theres a chance to get more people bidding on cards they might not have otherwise bid on ...sort of like moves that were playing when star wars was playing were being seen because so many people were at the theater they also saw some of the other movies which they probably would never of seen if they didn't see the new star wars...

[bobbyw8469]

actually you have complained they got low prices for you...cant have it both ways

I don't shill my own auctions with PWCC. Keep up.

[1952boyntoncollector]

Originally Posted by bobbyw8469

I don't shill my own auctions with PWCC. Keep up.

neither do I..plus people aren't shlling when its over 30% etc..that's absurd they will want to win their own card back after being up so high..plus when there are 5 unique bidders over the VCP they are all shillers?

cant say every card isn't shilled (like very other auction house out there) but cant say every card is shilled either

also cant say every card that isn't shilled doesn't get a good price...you just said you don't shill your auctions and got bad prices so that's what you are implying..

[bobbyw8469]

Originally Posted by 1952boyntoncollector

neither do I..plus people aren't shlling when its over 30% etc..that's absurd they will want to win their own card back after being up so high..plus when there are 5 unique bidders over the VCP they are all shillers?

cant say every card isn't shilled (like very other auction house out there) but cant say every card is shilled either

also cant say every card that isn't shilled doesn't get a good price...you just said you don't shill your auctions and got bad prices so that's what you are implying..

That's a true statement. My last consignment was a couple of item on July, 2015. My last consignment of anything more than 10 items was in November of 2014. Maybe things have changed since then. The market heated up a little. I'm sure you conspiracy theory people can think of other reasons why they bring insane prices now.

[1952boyntoncollector]

Originally Posted by bobbyw8469

That's a true statement. My last consignment was a couple of item on July, 2015. My last consignment of anything more than 10 items was in November of 2014. Maybe things have changed since then. The market heated up a little. I'm sure you conspiracy theory people can think of other reasons why they bring insane prices now.

basically you are not a shiller and you consigned to PWCC correct? So wouldn't it be logically there are also other non shiller people like you consigning to PWCC....you cant be the only one..

as for the prices they are what they are..

[ullmandds]

All i know is I see board members bitching and whining about the whole mastro debacle...which has shown that the "shill" "problem" is alive and well...and widespread throughout the hobby. Board members too lazy to read the threads and do the legwork themselves pleading and moaning for a "list" of suspect shillers and suspect sellers to be made and presented to them.

So to date we have a significant % of existing auction houses ether having admitted in the past to deceptive bidding practices...or caught in the act...some of whom have "vowed" to change their ways.

And we have likely the 2 biggest ebay sellers PWCC and good old Probstein where board members have shown over...and over and over and over... again numerous examples of blatant shilling.

NO...not all auctions are shilled...but a shit ton are. And the problem is there are a lot more buyers of these cards out there who are not privy to this knowledge...who do not frequent this/other boards. So these people are driving prices higher as a secondary affect of the shillers...so it may not appear to be shill bidding...but it is atificial inflation.

Carry on with your blinders on...as it seems many of you don't seem to mind overpaying for your cardboard. Just don't bitch about it...you have the proof...you only have yourself to blame!