What the hell is the deal with this PWCC auction

[Dpeck100]

Originally Posted by Peter_Spaeth

Stuff trumps ethics. Well, it's one perspective.

Peter I get the feeling after your three month effort to sell a card on the boxing and wrestling forum you could benefit from their services. There are plenty of collectors who just pack up their stuff and send it off to consignment sellers and let the chips fall where they may. The audience they attract does help prices in general and that card might actually catch a bid out on the open market.

[Peter_Spaeth]

Originally Posted by Dpeck100

Peter I get the feeling after your three month effort to sell a card on the boxing and wrestling forum you could benefit from their services. There are plenty of collectors who just pack up their stuff and send it off to consignment sellers and let the chips fall where they may. The audience they attract does help prices in general and that card might actually catch a bid out on the open market.

David I just thanked you for your "advice" on that BST thread. Much appreciated.

I don't dispute that they have great stuff and frequently get great prices. And I'll take your word for it on the packaging. But to me that's really beside the point of the thread.

[Dpeck100]

Originally Posted by Peter_Spaeth

David I just thanked you for your "advice" on that BST thread. Much appreciated.

I don't doubt that they have great stuff and frequently get great prices. But to me that's really beside the point of the thread.

The card in question is a Pop 1 from the 1965 Topps set and just happens to be a Triple Crown Winner with 586 career home runs.

https://www.psacard.com/psasetregist...opps-basic/752

There are some serious players collecting this set. Think about how much cash it takes to put together a complete mint set. Take a look at the top set and how impressive that GPA is and the total domination since 2007. They obviously don't own the card. No one does.

Who are you or me to even remotely determine what this card should sell for. For all we know the $50,000 high bid that was placed might be within reason for what collectors who want to own this card feel is a market clearing price.

At the end of the day at least the card came to market and more than one person got a shot at it and kudos to PWCC for getting to sell it.

[Peter_Spaeth]

If someone wants to buy an arbitrary 10 flip so be it. I would bet anything that raw or with the flip hidden you couldn't pick it out in a group of 9s. I started the thread because of the four retractions two of which were by a bidder with 14 retractions (the other only had 9 LOL), not the price.

[Dpeck100]

Originally Posted by Peter_Spaeth

If someone wants to buy an arbitrary 10 flip so be it. I would bet anything that raw or with the flip hidden you couldn't pick it out in a group of 9s. I started the thread because of the four retractions two of which were by a bidder with 14 retractions (the other only had 9 LOL), not the price.

I have one EBAY ID. I would imagine you do too. There are plenty who don't. The two bidders might have several other ID's for all we know and will bid under another name anyway.


You guys are expecting perfection and it is never coming.


Get mad at EBAY and write their CEO everyday. Until they change their policy the bid retractions aren't going away. As I said the fact that PWCC is even trying is great for collectors and overtime there will be progress.


Until then they will continue to offer the best cards on EBAY month after month.

[Peter_Spaeth]

David, I don't disagree that ebay condones a great deal of fraud and BS, but again I think you're deflecting attention from the immediate issue which is PWCC's failure to enforce its own stated policy about which it made such a big deal.

[Dpeck100]

Originally Posted by Peter_Spaeth

David, I don't disagree that ebay condones a great deal of fraud and BS, but again I think you're deflecting attention from the immediate issue which is PWCC's failure to enforce its own "policy."

There are grey areas within many policies. I have never retracted a bid but I have been involved in a few and it might be four to six bids that are retracted from one auction. Maybe they take other issues into account when holding a hard line. Honestly if I was a seller and someone had spent 60k with me and as pointed out probably has sold cards too, I would cut them some slack in some cases. Maybe this is one of them.

Everyone thinks they are a sleuth, myself included and many times we simply get it wrong. Just looking at bids and percentages and so on doesn't always tell the entire story.

[slidekellyslide]

Originally Posted by Peter_Spaeth

David, I don't disagree that ebay condones a great deal of fraud and BS, but again I think you're deflecting attention from the immediate issue which is PWCC's failure to enforce its own stated policy about which it made such a big deal.

Which is why they made a HUGE mistake in making a defined number of retraction their policy. They've already broken it because the guy has spent $60,000 in three months with them. There really is nothing to be gained by them posting anything here at all. If anything they should have made the statement that we will try our best to determine when fraud is happening in our auctions and take action...in the meantime we will try our best to lobby ebay to change the rules on bid retractions.

If anything my guess is that ebay will hide all bidding information from buyers before they ever get rid of retractions. They make a whole lot of money from the fraud they pretend doesn't exist.

[tiger8mush]

Originally Posted by Dpeck100

As I said the fact that PWCC is even trying is great for collectors and overtime there will be progress.

How many bidders have been banned since PWCC went live with their new bid retraction policy?

[toledo_mudhen]

Wow - Tough crowd here. A quick check shows PWCC with close to 6,000 auctions going on right now. Probably a bit much to police everyone of them. You guys outted this one and Brent responded. No one is forcing you to bid on his auctions.

[Dpeck100]

Originally Posted by tiger8mush

How many bidders have been banned since PWCC went live with their new bid retraction policy?

I don't know you tell me.

I haven't seen them release a number and I see so no reason to. The haters who would care to see a number produced wouldn't believe it anyway so there is nothing to gain for them.

[Jeffrompa]

There is not enough bidders on eBay to block the bad ones .

[ruth-gehrig]

"Cut small from the factory"? Now why didn't Mastro think of that explanation?

http://www.ebay.com/itm/401335770873...84.m1436.l2649