PWCC Auction

[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.

[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? ; )

[iwantitiwinit]

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.

I'm not surprised. Again I don't even bother looking at these auctions.

[1952boyntoncollector]

Originally Posted by iwantitiwinit

I'm not surprised. Again I don't even bother looking at these auctions.

the guy that's buying the 1952 Topps Baritromes is in theory a 'legit' buyer...but you don't see me paying $400 for a psa 2...even with the sales history..

past sales to me don't mean much by just looking at how much it sold for..auction price for BIN matters to me...also...I look for unique bidders at certain price points.....a 2 guy bidding war where the winning price is 50% over the third highest bidders high bid also means nothing to me

the artificial inflation is seen as artificial.... im sure if you are smart enough not to bid on 'shilled' auctions then you are smart enough not to fall for artificial sales history....there are many ways to avoid being a victim.......just saying (and I am not excusing fake bidders and undisclosed shilling/reserve etc)

[Touch'EmAll]

I was looking at some high end Aaron's. I even put in a couple of very solid bids, er so I thought - won nothing. On the one hand its nice to see the high prices. But on the other hand, the prices seem a little fishy too high. Just my honest gut feeling. I could be wrong. I suppose look and drool all you want, but watch it, don't go too overboard with your bids.

A good test would be to now list a couple cards that went way high on PWCC with the same prices or say, 5 percent less, with BIN to see if anyone bites.

[bobbyw8469]

A good test would be to now list a couple cards that went way high on PWCC with the same prices or say, 5 percent less, with BIN to see if anyone bites.

I think that has already been proven. Another posted pointed out along time ago that the sales prices surpassed some of the BIN prices, some by a considerable margin.

[1952boyntoncollector]

Originally Posted by 100backstroke

I was looking at some high end Aaron's. I even put in a couple of very solid bids, er so I thought - won nothing. On the one hand its nice to see the high prices. But on the other hand, the prices seem a little fishy too high. Just my honest gut feeling. I could be wrong. I suppose look and drool all you want, but watch it, don't go too overboard with your bids.

A good test would be to now list a couple cards that went way high on PWCC with the same prices or say, 5 percent less, with BIN to see if anyone bites.

This has been discussed though, BINs sometimes are never looked at..its not uncommon for a an auction price to go higher on ebay then a current BIN..sometimes thats actually when the BIN is snapped up, right after an auction goes higher...ive done the same thing....heck with the way the willie mays rookie cards have gone up, im sure even some of Deans cards waterfront property cards like the Mantle/ Mays were even bought up after some auctions took place immediately thereafter

Some people just dont pay the same high money for a card from a direct person versus an auction house and also this applies of BIN versus auction.....man looks like i agree with Bobby on this


its almost like the lower bids (hopefully from unique bidders and non shilled) validate the price.......but you can pretty much buy every BIN right now and put those same cards at auction a week later and be certain to lose more than 20% even before ebay fees..i dont think people will disagree with that......many BINs have been listed for months if not years with impacts the perception of some BINs.

if you win every PWCC auction, and resell with PWCC the next month and you are not shlling, i think you lose far less than if you did that with BINs listed on ebay....but who really knows

[midmo]

I generally steer clear of the high priced stuff so I don't know what's happening up there, but us little guys can still find decent deals. Based on VCP pics a few of these were purchased recently so whoever tried to flip them didn't do too hot. Here are the five cards I bought from PWCC on Sunday:

I paid $100, VCP $115 ($130, $111, $122, $164)
I paid $76, VCP $101 ($125, $130, $227, $87)
I paid $96, VCP $108 ($76, $127, $119, $124)
I paid $66, VCP $88 ($110, $92, $130, $63)
I paid $60, VCP $80 ($100, $68, $105, $76)

[glchen]

Originally Posted by 1952boyntoncollector

This has been discussed though, BINs sometimes are never looked at..its not uncommon for a an auction price to go higher on ebay then a current BIN..sometimes thats actually when the BIN is snapped up, right after an auction goes higher...ive done the same thing....heck with the way the willie mays rookie cards have gone up, im sure even some of Deans cards waterfront property cards like the Mantle/ Mays were even bought up after some auctions took place immediately thereafter
...

As others have said, this is one of the huge incentives why folks shill: basically to generate a realized price sold, where people (mistakenly) believe that the market for that card is moving higher. You can be a nonpaying bidder for that item, but it will still show up on VCP and in the items sold list on ebay. You can have a BIN at a lower price than the card you just shilled up, and buyers will eat it up.

Saying that, I don't think all of the recent items on this PWCC auction was the result of shilling. (full disclosure: I have consigned with PWCC in the past, but I did not consign anything in their current auction.) Since I collect Ruth and Gehrig cards, those are the cards that I tend to follow most. Recently, a buyer came to me from ebay and asked for a private sale where he purchased a large chunk of the Ruth cards that I had for sale. He told me that he has started to collect the Ruth Master set. I then noticed by his feedback score that he also won something like 2/3 of the Ruth cards that were sold in the current PWCC auction. Therefore, although he is showing a high bid % w/ PWCC, he is legit.

I think in general, the card market is thin. If you have a couple of deep pocketed buyers who are collecting a set at the same time, the prices for those cards will spike. However, often times, when they finish their set (or they lose focus and decide to sell it) then the prices for that set will drop. So sometimes, it's all about being lucky in having the right buyers just at the time that you want to sell your cards.

[Beastmode]

Originally Posted by 1952boyntoncollector

This has been discussed though, BINs sometimes are never looked at..its not uncommon for a an auction price to go higher on ebay then a current BIN..sometimes thats actually when the BIN is snapped up, right after an auction goes higher...ive done the same thing....heck with the way the willie mays rookie cards have gone up, im sure even some of Deans cards waterfront property cards like the Mantle/ Mays were even bought up after some auctions took place immediately thereafter

Some people just dont pay the same high money for a card from a direct person versus an auction house and also this applies of BIN versus auction.....man looks like i agree with Bobby on this


its almost like the lower bids (hopefully from unique bidders and non shilled) validate the price.......but you can pretty much buy every BIN right now and put those same cards at auction a week later and be certain to lose more than 20% even before ebay fees..i dont think people will disagree with that......many BINs have been listed for months if not years with impacts the perception of some BINs.

if you win every PWCC auction, and resell with PWCC the next month and you are not shlling, i think you lose far less than if you did that with BINs listed on ebay....but who really knows

Anyone that values their time, is NOT looking at BINS. 98% of BINS are sellers trolling for bidiots.