PWCC – Announcing Formal Policy Concerning eBay Bidder & Buyer Integrity

[Mikehealer]

Originally Posted by Brent Huigens

[/LIST]As pointed out by many of you, 25 is indeed a very high number of bid retractions to be considered reasonable in a six-month period. It stands to reason that any bidder who is bidding with discipline and control should have very few justifiable retractions. Brent and I put great consideration on how we would roll out this process. Truly, if we placed the threshold at something lower like 10 or 5, we feared it would be too much of a drastic change. Ultimately, our goal is not to punish bidders, but rather to inform users of the rules as we believe in due time bid retractions will diminish.

We are starting with 25 as the threshold to help get the word out. Starting in Q1 2017 it will be reduced to 10, and later in 2017 it may be reduced to 5.

If a bidder should have very few justifiable retractions, as you state, then why start at 25? Drastic change! Don't want to punish! They should be punished, they are crooks for goodness sakes.

Couldn't you send out 1 more email, I get multiple emails from you every month, as I guess most of the people that bid or have bid in your auctions.
It wouldn't take much, just a sentence or two. You are welcome to use the following.

If you have 10 bid retractions in the last 6 months you can't bid in our auctions, effective immediately.

[Snapolit1]

Thanks for taking a leadership position on this in the industry. Would be nice if some of the other AHs weighed in with their reaction and efforts in this regard. Let's say I'm not holding my breath.

[vintagetoppsguy]

Originally Posted by Snapolit1

Would be nice if some of the other AHs weighed in with their reaction and efforts in this regard.

One already has. Probstein was alerted of shill bidders (by name) and still continued to let them consign AND shill their own auctions.

[Peter_Spaeth]

Originally Posted by Mikehealer

If a bidder should have very few justifiable retractions, as you state, then why start at 25? Drastic change! Don't want to punish! They should be punished, they are crooks for goodness sakes.

Couldn't you send out 1 more email, I get multiple emails from you every month, as I guess most of the people that bid or have bid in your auctions.
It wouldn't take much, just a sentence or two. You are welcome to use the following.

If you have 10 bid retractions in the last 6 months you can't bid in our auctions, effective immediately.

I agree with Mike. I applaud the effort in general, but there is no reason in my opinion to phase this in so gradually insofar as the bid retractions go. To me it's like giving people three months' notice that robbing banks won't be tolerated.

[D. Bergin]

Glad to see these changes taking place. Would be nice to see Ebay implementing this into their software sitewide, instead of just handholding a single big seller with concerns and forgetting about the rest of their site.

[Exhibitman]

The answer is simple, folks, and doesn't require a lot of hand-wringing: if you really feel that PWCC is giving fraudsters an open ticket for the next several months, boycott PWCC auctions until the company moves to a policy position that makes you comfortable, and email PWCC and let them know you are boycotting them for that reason. If you are OK with as many as ten retractions but not 25, don't do business with PWCC until January 2017. If you think that the number should be 1 or 2 in six months, don't do business with them again until they move to that policy. Either way, let them know and stick to your decision.

It occurs to me that we've had this discussion repeatedly, whether it is over the criminal fraud of Mastro/Legendary, the seedy criminal backgrounds of some dealers and AH owners, the dodgy behavior of certain sellers, eBay shilling (Broadway Rick), market manipulation, etc. If you don't like someone or if you don't like the way they run their business, stop working with them. Our hobby is a business, so hit them where it really hurts: their wallets. If you are going to hold your nose and participate because stuff trumps all, then stop whining about the unfairness of the system in which you are participating. If you are not part of the solution, you are part of the problem.

Please note that I'm not saying boycott PWCC and I am not saying don't. Make your own decision. Just don't take the moral outrage position and then bid in PWCC auctions anyway.

[seinbigd]

Brent and Betsy,

Thanks for your efforts here. While no policy will satisfy everyone this is a great start. I look forward to participating in your future auctions.

Steve

[PhillipAbbott79]

Batter up.

http://offer.ebay.com/ws/eBayISAPI.d..._None_ViewLink

We should have a contest to see who can find the most.

[Leon]

Originally Posted by PhillipAbbott79

Batter up.

http://offer.ebay.com/ws/eBayISAPI.d..._None_ViewLink

We should have a contest to see who can find the most.

In looking at many of the bidders stats it seems a lot of bidders bid a high percentage with PWCC. And I am not saying this in any kind of negative way. Maybe there are collectors who bid almost exclusively with certain sellers? As a prolific ebay bidder, and a person that is all over the map , it is hard for me to imagine but oh well..

http://offer.ebay.com/ws/eBayISAPI.d...p2047675.l2565

.

[1952boyntoncollector]

Originally Posted by seinbigd

Brent and Betsy,

Thanks for your efforts here. While no policy will satisfy everyone this is a great start. I look forward to participating in your future auctions.

Steve

Whats Probsteins position...