What the hell is the deal with this PWCC auction

[markf31]

Originally Posted by 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.

The excuse of "Probably a bit much to police everyone of them." is a horrible excuse to make for PWCC. That excuse would not fly for any other company, in any other line of business...period.

Imagine someone using an Etrade account as a front for fraudulent manipulation of shares and market prices to gain an advantage, and then Etrade's excuse was "Oh, we're sorry, we're trying REALLY hard to combat fraud on our site but since we have to monitor 175,000 trades daily...you cant expect us to police all of those...do you?"

[Peter_Spaeth]

Originally Posted by markf31

The excuse of "Probably a bit much to police everyone of them." is a horrible excuse to make for PWCC. That excuse would not fly for any other company, in any other line of business...period.

Imagine someone using an Etrade account as a front for fraudulent manipulation of shares and market prices to gain an advantage, and then Etrade's excuse was "Oh, we're sorry, we're trying REALLY hard to combat fraud on our site but since we have to monitor 175,000 trades daily...you cant expect us to police all of those...do you?"

Not only that, but how freaking hard is it to police say your 100 most expensive auctions (which is where most of the fraud is going to occur) when you (allegedly) have a full time anti-fraud hire in your employ? Virtually every auction that's been outed on this board has been of a high dollar card. It's a stupid trope we see over and over again here from the make excuses crowd. The Brian Moynihan defense.

[Exhibitman]

I know quite a few collectors who spend really big $$ on cards who won't bid with PWCC at all because of its business practices. They don't post here because they don't care for the trolling experience that all too often results from posting in this forum. Whether their non-participation hurts PWCC's bottom line is impossible to say, but after each round of manipulated pricing from PWCC I hear from more collectors who claim to be bypassing PWCC auctions entirely because of its practices.

As for me, I watch PWCC auctions on items I want but only drop in snipes. Can't recall the last time I won one. I think I got a Probstein win in May.

[iowadoc77]

Great point Mark!
If they are "responsible" for 1 listing then they are responsible for all. If 6,000 listings is too many, then there is a problem. Simple solution- more help to scrutinize each auction or fewer auctions.

[MikeGarcia]

Sorry..usually I try to sneak in a picture of a pre-war baseball player every hundred posts or so but in this particular thread you all are going 'way too fast for an old guy like me ; to make up for my transgression I hereby present the entire complete master set of all Carmen Hill baseball cards. He pitched for the Pirates starting in 1915 at the ripe old age of twenty.

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[clydepepper]

Originally Posted by MikeGarcia

Sorry..usually I try to sneak in a picture of a pre-war baseball player every hundred posts or so but in this particular thread you all are going 'way too fast for an old guy like me ; to make up for my transgression I hereby present the entire complete master set of all Carmen Hill baseball cards. He pitched for the Pirates starting in 1915 at the ripe old age of twenty.

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Well Done, Sir!
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