AH (PWCC) Reality Check Please

[sycks22]

I had a $5k+ card sell on a Wednesday night at 1am est. Needless to say it didn't sell strong. I wasn't happy.

[lug-nut]

i agree not the brightest idea ... even NCIS did air on election night

[Stampsfan]

Agree Steve... I'd be pi$$ed too. That's a bit of a no brainer as to when to extrapolate them out to a closing date. And as you're consigning them, asking "Will my items be closing in the evening of the Federal Election?" would not be a question I would have thought of.

All we ever hear is how PWCC gets record prices; following them, it's somewhat selective.

[Leon]

It might have brought lower prices but most people, myself included, still snipe. So when I see a card I really want I snipe it. Very rarely do I bid at the end anymore.

[BruceinGa]

I agree with Leon, I snipe 90% of the time.

[Bliggity]

I recall they also had a prewar auction ending during the Superbowl earlier this year also. Maybe not exactly the same, but I did find it odd (and annoying as a bidder), and prices didn't seem as strong as they could have been. Doesn't seem to be a lot of foresight into the ending dates/times. I would certainly be frustrated as a consignor.

I don't think sniping programs can realistically help with this from the consignors' perspective because I think the percentage of eBay bidders who use them is probably still pretty small. Also, they can be tough to use during PWCC auctions because you can end up winning a bunch of items within a matter of seconds, which can be a problem from a budgeting perspective. I've used snipe programs a few times, but rarely during those types of constantly-ending auctions. If there were a program that let you cancel all remaining snipes once you hit a certain budget, then maybe...

.

[Peter_Spaeth]

Look at other high value cards that closed in the same time period, and see if they were affected too.

[aljurgela]

Originally Posted by Leon

It might have brought lower prices but most people, myself included, still snipe. So when I see a card I really want I snipe it. Very rarely do I bid at the end anymore.

I typically snipe on anything of value. Al

[1952boyntoncollector]

dup

[1952boyntoncollector]

i also have finding that many cards are just selling for less in general then they were a few month ago. Combine that with other circumstances like the election than thats a double down on potential sale price of less than hoped for.

However as leon said, you really only have snipers at the end of auctions...i put in my bids early (i say 3 hours before an auction ending is early to me) and the last second bids are snipers anyway that put their bids in already. However just losing out on one potential bidder is real $.

[Peter_Spaeth]

Yeah I imagine folks who bought a lot at the peak during the frenzy earlier this year may be a little regretful. A very nicely centered SGC 60 52T Mantle (and nice otherwise, a little tilt) just sold for 41K in Mile High, that seems well off the highs for 311s.

[Snapolit1]

Originally Posted by 1952boyntoncollector

i also have finding that many cards are just selling for less in general then they were a few month ago. Combine that with other circumstances like the election than thats a double down on potential sale price of less than hoped for.

However as leon said, you really only have snipers at the end of auctions...i put in my bids early (i say 3 hours before an auction ending is early to me) and the last second bids are snipers anyway that put their bids in already. However just losing out on one potential bidder is real $.

Well, I've never used a sniping service and I doubt I am the only
one.

[tab]

Originally Posted by Snapolit1

Well, I've never used a sniping service and I doubt I am the only
one.

I have never sniped. I always bid early and put another bid in at the end.

[clydepepper]

Originally Posted by tab

I have never sniped. I always bid early and put another bid in at the end.

It's my habit to wait as long as possible before putting in a bid - I always thought THAT was sniping.

Could someone please explain to this dumb guy exactly what sniping is?


Thanks,
Raymond

By the way, if enough folks who have had scheduling issues with PWCC contact them with that issue, would they be open to changing that practice?

As devil's advocate, I would think that it may just be the 'luck of the draw' i.e. if they schedule 'round the clock, someone has to get the bad slots. IMO

p

[bnorth]

Originally Posted by clydepepper

It's my habit to wait as long as possible before putting in a bid - I always thought THAT was sniping.

Could someone please explain to this dumb guy exactly what sniping is?


Thanks,
Raymond

By the way, if enough folks who have had scheduling issues with PWCC contact them with that issue, would they be open to changing that practice?

As devil's advocate, I would think that it may just be the 'luck of the draw' i.e. if they schedule 'round the clock, someone has to get the bad slots. IMO

p

I manually snipe the same way you do. Most use a company to snipe for them and that is what most refer to as sniping.

[Exhibitman]

Raymond: sniping is using a service to execute a bid for you via computer program during the last few seconds of an auction. It avoids having a shill bidder eat away at a high bid you leave early and frees you from sitting on an auction close. It can save you a lot of money.

[irishdenny]

Originally Posted by clydepepper

It's my habit to wait as long as possible before putting in a bid - I always thought THAT was sniping.

Could someone please explain to this dumb guy exactly what sniping is?


Thanks,
Raymond

By the way, if enough folks who have had scheduling issues with PWCC contact them with that issue, would they be open to changing that practice?

As devil's advocate, I would think that it may just be the 'luck of the draw' i.e. if they schedule 'round the clock, someone has to get the bad slots. IMO

p

https://www.gavelsnipe.com/log-in.php?ref=%2Fsnipe.php

Works Wit Ebay & Heritage...
" & It's Free Ray!"

[botn]

The market continues to correct, just see Mile High's results, and election night did not help but I am sure there is someone else out there saying, "Auction ended 10:30 pm Wednesday night and the card arrives in my mailbox across the country on Saturday morning. Unreal. Best customer service in the business."

[1952boyntoncollector]

Originally Posted by botn

The market continues to correct, just see Mile High's results, and election night did not help but I am sure there is someone else out there saying, "Auction ended 10:30 pm Wednesday night and the card arrives in my mailbox across the country on Saturday morning. Unreal. Best customer service in the business."

Thats good for the buyers to get good prices and fast delivery. As a consignor i would wait 3 months for my check if it meant i made money instead of getting a consignor check in a week on a net loss.

[Snapolit1]

Apparently Brent at PWCC is the sole person who can't grasp why ending auctions at 11pm as the most dramatic presidential election in our lifetimes unfolded (with undoubtedly the live largest television audience of any event in our nation's history) was a lousy idea that hurt his consigners. Oh well. Live and learn.

[Baseball Bob]

Shucks! Why was'nt I online then? Could have grabbed some real bargains! Oh, yeah- I was using up my last box of kleenex crying about the election results!

No, seriously; that is a real bummer. PWCC cost you and themselves with that decision.