Analysis of PWCC Vintage Auction 10/13/19

[egbeachley]

All things equal, a decline should be expected for the same card being sold a short time after prior sale. The winning bidder is no longer a bidder (theoretically).

[t206fanatic]

Originally Posted by egbeachley

All things equal, a decline should be expected for the same card being sold a short time after prior sale. The winning bidder is no longer a bidder (theoretically).

these are my thoughts as well.

I do love a good data driven post with pictures though!

[Jgrace]

Originally Posted by egbeachley

All things equal, a decline should be expected for the same card being sold a short time after prior sale. The winning bidder is no longer a bidder (theoretically).

I think this is a big part of it.

Did the first buyers think they were just getting a good deal? I’m assuming they were intending to flip.

[perezfan]

Originally Posted by egbeachley

All things equal, a decline should be expected for the same card being sold a short time after prior sale. The winning bidder is no longer a bidder (theoretically).

This, and newly enacted sales tax probably account for most of those declines.

As Peter said, it's way too small a sample size to draw any meaningful conclusions. If it continues in this direction through 2020, and a greater array of cards exhibit similar reductions, then you have some far better evidence.

[japhi]

IMO the best way to track PWCC’s influence would be total sales volume by auction / quarter year and track MOM, YOY, etc. Adjust for the new tax impact and you’d have a decent proxy for the wider market.

[Aquarian Sports Cards]

The question is when do they came up for sale with PWCC yet again.

[Stampsfan]

Originally Posted by Aquarian Sports Cards

The question is when do they came up for sale with PWCC yet again.

Maybe quite quickly if it’s the same buyer protecting his interests.

[investinrookies]

What’s the overall opinion on a card like the psa 8 walsh? Not a big name like some of the others and recently sold last year would you expect a decline in this particular instant or did the winning bidder really get a good price for this card ?

[Peter_Spaeth]

Originally Posted by investinrookies

What’s the overall opinion on a card like the psa 8 walsh? Not a big name like some of the others and recently sold last year would you expect a decline in this particular instant or did the winning bidder really get a good price for this card ?

Are you that winning bidder?

[pokerplyr80]

Of course the only one from this list to go up was the only one I bid on. Had it stayed 5 or 10% under its previous sale I would picked it up.