What the hell is the deal with this PWCC auction

[mechanicalman]

What's the over/under that this card will be featured in a PSA ad in their SMR magazine where it shows the ungraded value at $4 and a graded value at $34,582.

[Beastmode]

A new level or retractivism. Retracting within a bid while have over 10 retractions in the last 10 months. And still high bidder........

[Fred]

I wish I had unlimited resources. I'd buy the damn thing, crack it out in front of a video camera with a bunch of "reputable" witnesses that know nothing about card collecting. I would then submit the card to PSA for grading. Since it's me, I'm going to guess I can guarantee a 9 grade and maybe a 9.5 grade. Then I'd put it back to auction and see what it gets. Then I'd publish exactly what occurred and show everyone just how stupid this hobby has become.

[Jay Wolt]

Originally Posted by Fred

I would then submit the card to PSA for grading. Since it's me, I'm going to guess I can guarantee a 9 grade and maybe a 9.5 grade.

PSA doesn't have a 9.5 grade

[Brent Huigens]

This is an extremely frustrating situation for us. We have been in communication with both bidders who retracted bids on this listing. The original high bidder (the first bidder to retract) clearly retracted in violation of eBay and PWCC policy. Following our communication that bidder cancelled yet another bid and is now permanently blocked from participating in future auctions. The other bidder (the current high bidder) became frustrated by the first retraction and understandably questioned the legitimacy of the auction. He/she then retracted again to change his/her max bid given the fact that it had been revealed by the original retraction. He/she is a very regular bidder and has spent almost $60k with PWCC in the last three months, and has every intention to proceed with the purchase should he/she win the card.

We have emphasized this very case with eBay Trust & Safety as a textbook example of the problems that bid retractions cause to the auction environment.

Betsy Huigens
PWCC Auctions

[BeanTown]

Did all their bids get cancelled out when they got banned, including other listings? Just curious if there are any other textbook cases on a PWCC listing that wasn't caught by a Net54 member.

It might be nice to post the banned eBay user IDs along with the date on a new Net54 thread. Then just add to the list every time a user gets banned. It would not only show PWCC making an attempt to prohibit it, but also alert other sellers to keep an eye out on certain eBay names.

[T206Collector]

Um... why do people put max bids on ebay instead of sniping? Ever? This practice continues to amaze me. Bid retractions done to out your high bid = another reason why sniping is the only way to fly.

[Republicaninmass]

He/she is a very regular bidder and has spent almost $60k with PWCC in the last three months,

And her/his spouse has consignments of almost $60,000 with PWCC in the last three months.

[1952boyntoncollector]

Originally Posted by BeanTown

Did all their bids get cancelled out when they got banned, including other listings? Just curious if there are any other textbook cases on a PWCC listing that wasn't caught by a Net54 member.

It might be nice to post the banned eBay user IDs along with the date on a new Net54 thread. Then just add to the list every time a user gets banned. It would not only show PWCC making an attempt to prohibit it, but also alert other sellers to keep an eye out on certain eBay names.

I believe some auction catalogs have listed the actual names of some people that didnt buy the items they won and they were put on a 'shame list'

[Peter_Spaeth]

Originally Posted by Brent Huigens

This is an extremely frustrating situation for us. We have been in communication with both bidders who retracted bids on this listing. The original high bidder (the first bidder to retract) clearly retracted in violation of eBay and PWCC policy. Following our communication that bidder cancelled yet another bid and is now permanently blocked from participating in future auctions. The other bidder (the current high bidder) became frustrated by the first retraction and understandably questioned the legitimacy of the auction. He/she then retracted again to change his/her max bid given the fact that it had been revealed by the original retraction. He/she is a very regular bidder and has spent almost $60k with PWCC in the last three months, and has every intention to proceed with the purchase should he/she win the card.

We have emphasized this very case with eBay Trust & Safety as a textbook example of the problems that bid retractions cause to the auction environment.

Betsy Huigens
PWCC Auctions

The current high bidder has 14 retractions if I am reading it correctly. What happened to the 10 max policy? Or is there an exception for regular bidders who spend a lot of money?

30-Day Summary
Total bids: 87
Items bid on: 40
Bid activity (%) with this seller: 39% Help
Bid retractions: 4
Bid retractions (6 months): 14

[PhillipAbbott79]

Originally Posted by Brent Huigens

This is an extremely frustrating situation for us. We have been in communication with both bidders who retracted bids on this listing. The original high bidder (the first bidder to retract) clearly retracted in violation of eBay and PWCC policy. Following our communication that bidder cancelled yet another bid and is now permanently blocked from participating in future auctions. The other bidder (the current high bidder) became frustrated by the first retraction and understandably questioned the legitimacy of the auction. He/she then retracted again to change his/her max bid given the fact that it had been revealed by the original retraction. He/she is a very regular bidder and has spent almost $60k with PWCC in the last three months, and has every intention to proceed with the purchase should he/she win the card.

We have emphasized this very case with eBay Trust & Safety as a textbook example of the problems that bid retractions cause to the auction environment.

Betsy Huigens
PWCC Auctions

All you had to do was block anyone over 5, and this would have never happened. This response is a waste of your breath. Let me guess, that was your last post on the topic, right?

[bigfish]

PWCC continues to justify their stance and then plays the victim. You guys are a hoot.



Toby Peterson

[clydepepper]

Originally Posted by Brent Huigens

This is an extremely frustrating situation for us. We have been in communication with both bidders who retracted bids on this listing. The original high bidder (the first bidder to retract) clearly retracted in violation of eBay and PWCC policy. Following our communication that bidder cancelled yet another bid and is now permanently blocked from participating in future auctions. The other bidder (the current high bidder) became frustrated by the first retraction and understandably questioned the legitimacy of the auction. He/she then retracted again to change his/her max bid given the fact that it had been revealed by the original retraction. He/she is a very regular bidder and has spent almost $60k with PWCC in the last three months, and has every intention to proceed with the purchase should he/she win the card.

We have emphasized this very case with eBay Trust & Safety as a textbook example of the problems that bid retractions cause to the auction environment.

Betsy Huigens
PWCC Auctions

Congratulations! Y'all are almost taking a stand...kind of sort of...

'Drawing a line in the sand doesn't do much good when a lot of hot air is blowing.'