PWCC Part Deux

[Republicaninmass]

Once the name calling started, the little tidbit that Brent had asked him to bid, fell by the wayside.

[ngnichols]

Any person running an auction contacting a bidder other than to let them know that the auction is over and they have won the item is showing an immense conflict of interest.

The #'s PWCC gets for some of it's items makes no sense what-so-ever.

[Peter_Spaeth]

Originally Posted by ngnichols

Any person running an auction contacting a bidder other than to let them know that the auction is over and they have won the item is showing an immense conflict of interest.

The #'s PWCC gets for some of it's items makes no sense what-so-ever.

Speaking of which this one blew my mind -- 8s go in the 4s and 5s.

http://www.ebay.com/itm/1965-Topps-R...cAAOSw5cNYlPWJ

[Peter_Spaeth]

I will repeat what I have said for years. PWCC's auctions don't look like anyone else's, in my opinion. Among the things I have noticed, over and over again:

1. On big cards, a very high percentage of early bidding activity, right out of the gate. Within a day or two many of the big ticket cards seem to be pretty close to the top already. I rarely see that with other auctions.

2. On big cards, lots and lots of string bidding, often by the same bidders.

3. A high percentage of bidders who seem to do a high percentage of their bidding in PWCC.

4. Improving of late, but lots of bidders with high numbers of retractions.

and

5. Crazy prices, although obviously not on most cards.

[irv]

Originally Posted by ngnichols

Any person running an auction contacting a bidder other than to let them know that the auction is over and they have won the item is showing an immense conflict of interest.

The #'s PWCC gets for some of it's items makes no sense what-so-ever.

Originally Posted by Mikehealer

I guess you can rationalize just about anything. My rationalization is maybe he meant that he is a greedy, unethical fraudster and he wanted to shill the auction to higher level. No matter what you believe, the fact that an auctioneer is telling a bidder how to bid and how much to bid is certainly unethical and borderline against the law. And I don't think I'm misreading anything.

Good points!

Originally Posted by Peter_Spaeth

Speaking of which this one blew my mind -- 8s go in the 4s and 5s.

http://www.ebay.com/itm/1965-Topps-R...cAAOSw5cNYlPWJ

Makes you wonder, doesn't it?
http://www.ebay.com/itm/1965-Topps-1...615?rmvSB=true

[Bruinsfan94]

I must not understand this whole thing.

If this guy admits asking someone to bid on his own cosigned cards, doesn't that bring into question the integrity of the whole operation? Whatever the reason he did it, isn't that a key thing in auctions? Not to bid up your own cards?

[botn]

Originally Posted by Bruinsfan94

I must not understand this whole thing.

If this guy admits asking someone to bid on his own cosigned cards, doesn't that bring into question the integrity of the whole operation? Whatever the reason he did it, isn't that a key thing in auctions? Not to bid up your own cards?

The WWG DiMaggio was not consigned by Cortney to Brent's auction. However, as I pointed out in the locked thread, Brent should not be having discussions with any bidders about what to bid let alone assuring Cortney repeatedly he will be out bid when the card was well over 40K.

[jfkheat]

Originally Posted by Bruinsfan94

I must not understand this whole thing.

If this guy admits asking someone to bid on his own cosigned cards, doesn't that bring into question the integrity of the whole operation? Whatever the reason he did it, isn't that a key thing in auctions? Not to bid up your own cards?

He did not ask someone to bid on their own card. The card belonged to another member here.
James

[Republicaninmass]

Originally Posted by Bruinsfan94

I must not understand this whole thing.

If this guy admits asking someone to bid on his own cosigned cards, doesn't that bring into question the integrity of the whole operation? Whatever the reason he did it, isn't that a key thing in auctions? Not to bid up your own cards?

I think it would be wrong if the auction house asked you to bid on ANY cards, not just your own

[Steve D]

Originally Posted by irv

Makes you wonder, doesn't it?
http://www.ebay.com/itm/1965-Topps-1...615?rmvSB=true

Based on eye-appeal, I much prefer the PSA 7 from PWCC, over the PSA 8 in your link. The 8 is OC and it has that spot in the lower right corner. The PSA 7 appears to only have slightly softer corners, but the centering and eye-appeal are outstanding.

Steve

[Peter_Spaeth]

Originally Posted by Steve D

Based on eye-appeal, I much prefer the PSA 7 from PWCC, over the PSA 8 in your link. The 8 is OC and it has that spot in the lower right corner. The PSA 7 appears to only have slightly softer corners, but the centering and eye-appeal are outstanding.

Steve

Irv's was a bad example there are plenty of nicely centered 8s that have sold for far less than that 7. Not to mention nicely centered 7s that have sold for one third of that one.

[jefferyepayne]

Originally Posted by Peter_Spaeth

I will repeat what I have said for years. PWCC's auctions don't look like anyone else's, in my opinion. Among the things I have noticed, over and over again:

1. On big cards, a very high percentage of early bidding activity, right out of the gate. Within a day or two many of the big ticket cards seem to be pretty close to the top already. I rarely see that with other auctions.

This is a great point that is often not discussed. I've also noticed this with PWCC as compared to other ebay auctions.

Why would collectors bid one way on PWCC items and another way on everything else?

Inquiring minds want to know ...

jeff

[bobbyw8469]

Originally Posted by jefferyepayne

This is a great point that is often not discussed. I've also noticed this with PWCC as compared to other ebay auctions.

Why would collectors bid one way on PWCC items and another way on everything else?

Inquiring minds want to know ...

jeff

I think everyone knows the answer although no one wishes to say.

[slidekellyslide]

I'm not going to defend PWCC because I think the real scandal is that Brent purchased the DiMaggio and had it cleaned, but I think it's clear that Cortney was one of his problem bidders that Net54 had been talking about for years, I'm sure at one point Brent and Cortney were probably very close allies, but because of places like Net54 pointing out the shady bidding practices that people like Cortney employ Brent was forced to police some of that stuff.

String bidding is done to find the top bid and to also make it appear one has been shilled. It is quite clear that Cortney who was likely warned about doing that type of bidding had once again done it on the DiMaggio card. The text message was clearly telling him that he was out of bounds and that he needs to top the bid if he's going to bid like that. Make no mistake, string bidding is a strategy to make the top bidder believe he's been shilled and try and scare him off of the auction. Looks to me like Brent was trying to avoid the appearance of shilling in one of his auctions.

[1952boyntoncollector]

Originally Posted by jefferyepayne

This is a great point that is often not discussed. I've also noticed this with PWCC as compared to other ebay auctions.

Why would collectors bid one way on PWCC items and another way on everything else?

Inquiring minds want to know ...

jeff

One point not being made is at least PWCC's auction allow for some things to be seen behind the curtain. Do you know anything that goes on with mile high, REA, heritage and the like? You receive ZERO information about the bidders basically. Yes there is no bid retractions it appears. But who knows what goes on with texts. When tens to hundreds of thousands are on the line i cant assume everything is fair to everyone. Just like i dont assume cracker jack cards with no stains on them werent cleaned.

Just saying that people are picking on pwcc but at least you get a little transperacy in their auctions and some information on bidding behavior and you dont have to bid. You have ZERO idea whats going in the other auction houses. I have bid on auctions on ebay by the way and the seller doesnt have the card or halfway through the auction the listing is pulled or the card gets lost in the mail. None of those things ever happened on an pwcc auction in listings i have won.

[Peter_Spaeth]

Originally Posted by 1952boyntoncollector

One point not being made is at least PWCC's auction allow for some things to be seen behind the curtain. Do you know anything that goes on with mile high, REA, heritage and the like? You receive ZERO information about the bidders basically. Yes there is no bid retractions it appears. But who knows what goes on with texts. When tens to hundreds of thousands are on the line i cant assume everything is fair to everyone. Just like i dont assume cracker jack cards with no stains on them werent cleaned.

Just saying that people are picking on pwcc but at least you get a little transperacy in their auctions and some information on bidding behavior and you dont have to bid. You have ZERO idea whats going in the other auction houses. I have bid on auctions on ebay by the way and the seller doesnt have the card or halfway through the auction the listing is pulled or the card gets lost in the mail. None of those things ever happened on an pwcc auction in listings i have won.

Talk about damning someone with faint praise.

[jefferyepayne]

Originally Posted by 1952boyntoncollector

One point not being made is at least PWCC's auction allow for some things to be seen behind the curtain. Do you know anything that goes on with mile high, REA, heritage and the like? You receive ZERO information about the bidders basically. Yes there is no bid retractions it appears. But who knows what goes on with texts. When tens to hundreds of thousands are on the line i cant assume everything is fair to everyone. Just like i dont assume cracker jack cards with no stains on them werent cleaned.

Just saying that people are picking on pwcc but at least you get a little transperacy in their auctions and some information on bidding behavior and you dont have to bid. You have ZERO idea whats going in the other auction houses. I have bid on auctions on ebay by the way and the seller doesnt have the card or halfway through the auction the listing is pulled or the card gets lost in the mail. None of those things ever happened on an pwcc auction in listings i have won.

I understand what you're saying about auctions in general but I specifically said eBay auctions. I have the same transparency with other eBay auctions as I do with PWCC. Bidding patterns are typically much different with PWCC. Many, many more bids early in the process. Many, many more bids by those that have a significant number of retractions. Many, many more bids by accounts that only bid (or mostly bid) on PWCC items. Why does this happen?

jeff