PWCC Auction Ending Tonight - Interesting Results

[Peter_Spaeth]

The problem with boycotting PWCC only is that it doesn't solve much. There are numerous AHs and other ebay sellers whose offerings are riddled with doctored cards. Anyone who thinks PWCC is the only, or even major, outlet for the card doctors is deluding himself.

Same point if the issue is shill bidding.

[perezfan]

Yup.... Bad cards in PSA slabs are now everywhere. PWCC is a very small chunk of it.

[Goudey77]

Originally Posted by Peter_Spaeth

The problem with boycotting PWCC only is that it doesn't solve much. There are numerous AHs and other ebay sellers whose offerings are riddled with doctored cards. Anyone who thinks PWCC is the only, or even major, outlet for the card doctors is deluding himself.

Same point if the issue is shill bidding.

Great point Peter.
Not to mention all the card show dealers and BST forums. I imagine it's under the radar widespread and the best solution is to reset every slab out there.
Start a new TPG and do away with BGS, SGC and PSA like the days of GAI and PRO.

In 30 years we can rinse and repeat once the new process gets dirty again.

[Goudey77]

I still think PWCC comes out of this stronger than ever. If the market is slowing overall then I get it. To say trend is isolated to PWCC would be too early to say.
I know there is a lot of focus and attention towards PWCC since they appear to be the most fluid and ground breaking AH service around. Go ahead bash on my opinion it's ok.

[Snapolit1]

Originally Posted by Goudey77

I still think PWCC comes out of this stronger than ever. If the market is slowing overall then I get it. To say trend is isolated to PWCC would be too early to say.
I know there is a lot of focus and attention towards PWCC since they appear to be the most fluid and ground breaking AH service around. Go ahead bash on my opinion it's ok.

Totally disagree. That's like saying the landlord in town who is ripping everyone off and got caught is going to come out of it stronger than ever after the DA is done subpoenaing them and crawling up their ass with a microscope. I guess if past history means absolutely nothing to people buying cards they will come out stronger.
Bottom line is very few if any of the cards they are selling can't be bought elsewhere.

[bnorth]

Originally Posted by Snapolit1

Totally disagree. That's like saying the landlord in town who is ripping everyone off and got caught is going to come out of it stronger than ever after the DA is done subpoenaing them and crawling up their ass with a microscope. I guess if past history means absolutely nothing to people buying cards they will come out stronger.
Bottom line is very few if any of the cards they are selling can't be bought elsewhere.

Your landlord analogy is perfect here. I know a few "Slum Lords" and they do 100% always come out on top. They have been making WAY more for a very long time because of the way they do business. The getting caught is just a minor bump in the big picture. In reality the landlords have it harder because they don't have a bunch of morons and idiots making excuses for them. Strangely they do have morons and idiots lining up to do business with them even though they know what they are getting into.

One other great thing with the scammers in cards is their "friends". I noticed at first everyone hated the card doctors. Then when names started coming out many of the same people switched their hate to PSA. Guess it sucks when you find out your "friend" is a bad guy.

[perezfan]

Originally Posted by Snapolit1

Totally disagree. That's like saying the landlord in town who is ripping everyone off and got caught is going to come out of it stronger than ever after the DA is done subpoenaing them and crawling up their ass with a microscope. I guess if past history means absolutely nothing to people buying cards they will come out stronger.
Bottom line is very few if any of the cards they are selling can't be bought elsewhere.

I agree with this. There's no shortage of other outlets who feature the same exact cards, with far less margin for error. And while PWCC may survive this (which remains to be seen, based on the severity of punishment from LE), I also believe their best days are behind them.

[Peter_Spaeth]

Originally Posted by Snapolit1

Totally disagree. That's like saying the landlord in town who is ripping everyone off and got caught is going to come out of it stronger than ever after the DA is done subpoenaing them and crawling up their ass with a microscope. I guess if past history means absolutely nothing to people buying cards they will come out stronger.
Bottom line is very few if any of the cards they are selling can't be bought elsewhere.

If only there was one landlord ripping everyone off.

[Bigdaddy]

Originally Posted by Snapolit1

Totally disagree. That's like saying the landlord in town who is ripping everyone off and got caught is going to come out of it stronger than ever after the DA is done subpoenaing them and crawling up their ass with a microscope. I guess if past history means absolutely nothing to people buying cards they will come out stronger.
Bottom line is very few if any of the cards they are selling can't be bought elsewhere.

One big note here is that PWCC has plenty of competition in several other auction houses. They always seemed to have 'nice stuff', but maybe that was because they were enabling the doctors to bring it to market. If that distinction of having the best stuff goes away, it would be easy for folks to walk away from PWCC. There is nothing to lose. And as soon as the buyers stop buying, the consignors will stop consigning.

PSA on the other hand, has very limited competition and unless another entrant stands up or SGC really steps up their game, that won't change. People have a lot of money on the line with the PSA entombed cards, and folks would lose a lot of money by moving from PSA.

I can see the scenario where PWCC takes a big hit but PSA keeps steam-rolling right along.

[Snapolit1]

Interesting to me how many 7 and 8s Goudeys and US Caramels and Cracker Jacks PWCC used to have compared to what they sell today. I would hate to look back 2 years and take a hard look at what they were selling back then. Every auction seemed to have 3 Gehrig Goudey 7s.

[Peter_Spaeth]

Originally Posted by Bigdaddy

One big note here is that PWCC has plenty of competition in several other auction houses. They always seemed to have 'nice stuff', but maybe that was because they were enabling the doctors to bring it to market. If that distinction of having the best stuff goes away, it would be easy for folks to walk away from PWCC. There is nothing to lose. And as soon as the buyers stop buying, the consignors will stop consigning.

PSA on the other hand, has very limited competition and unless another entrant stands up or SGC really steps up their game, that won't change. People have a lot of money on the line with the PSA entombed cards, and folks would lose a lot of money by moving from PSA.

I can see the scenario where PWCC takes a big hit but PSA keeps steam-rolling right along.

Lots of people are enabling card doctors to bring their material to market.

[Johnny630]

Originally Posted by Bigdaddy

One big note here is that PWCC has plenty of competition in several other auction houses. They always seemed to have 'nice stuff', but maybe that was because they were enabling the doctors to bring it to market. If that distinction of having the best stuff goes away, it would be easy for folks to walk away from PWCC. There is nothing to lose. And as soon as the buyers stop buying, the consignors will stop consigning.

PSA on the other hand, has very limited competition and unless another entrant stands up or SGC really steps up their game, that won't change. People have a lot of money on the line with the PSA entombed cards, and folks would lose a lot of money by moving from PSA.

I can see the scenario where PWCC takes a big hit but PSA keeps steam-rolling right along.

You’re spot on with your last part.

PSA is Teflon it doesn’t matter if they grade bad cards or not. The cards keep coming in for their opinion.

[Aquarian Sports Cards]

Originally Posted by Bigdaddy

One big note here is that PWCC has plenty of competition in several other auction houses. They always seemed to have 'nice stuff', but maybe that was because they were enabling the doctors to bring it to market. If that distinction of having the best stuff goes away, it would be easy for folks to walk away from PWCC. There is nothing to lose. And as soon as the buyers stop buying, the consignors will stop consigning.

Focusing on this portion of your response I would agree that the quickest change possible is possible here, but people have to vote with their cards and their cash.

If the cards start going to the REA's, Sterling's, LOTG's etc... the dollars will follow. Likewise if the dollars stop going to PWCC consignments the consignments will go elsewhere. This COULD be an incredibly quick process if ethics outweighed money and "stuff." Even here on Net54 which is pretty close to the epicenter of the scandal we have people still consigning and buying from bad actors. Every sale and consignment decreases the chance that the guilty parties have to find a new way to make a living.

[calvindog]

Originally Posted by Aquarian Sports Cards

Focusing on this portion of your response I would agree that the quickest change possible is possible here, but people have to vote with their cards and their cash.

If the cards start going to the REA's, Sterling's, LOTG's etc... the dollars will follow. Likewise if the dollars stop going to PWCC consignments the consignments will go elsewhere. This COULD be an incredibly quick process if ethics outweighed money and "stuff." Even here on Net54 which is pretty close to the epicenter of the scandal we have people still consigning and buying from bad actors. Every sale and consignment decreases the chance that the guilty parties have to find a new way to make a living.

Tell me, who are the good actors?

[edhans]

Originally Posted by Aquarian Sports Cards

.

Even here on Net54 which is pretty close to the epicenter of the scandal we have people still consigning and buying from bad actors.

Not to mention doing bulk submissions to PSA.

[Peter_Spaeth]

Originally Posted by Goudey77

Great point Peter.
Not to mention all the card show dealers and BST forums. I imagine it's under the radar widespread and the best solution is to reset every slab out there.
Start a new TPG and do away with BGS, SGC and PSA like the days of GAI and PRO.

In 30 years we can rinse and repeat once the new process gets dirty again.

Yeah it only we could do a Noah's Ark thing...

[Rhotchkiss]

Yes, the hobby is a mess, and it’s hardly restricted to PWCC. But there are plenty of other threads to state and restate that obvious fact. This thread is about PWCC and their most recent auctions. Can we please keep the comments here restricted to that. Thank you

[Aquarian Sports Cards]

Originally Posted by Peter_Spaeth

The problem with boycotting PWCC only is that it doesn't solve much. There are numerous AHs and other ebay sellers whose offerings are riddled with doctored cards. Anyone who thinks PWCC is the only, or even major, outlet for the card doctors is deluding himself.

Same point if the issue is shill bidding.

Maybe, but I would maintain that there are few auction houses the size of PWCC that are actively participating in the altering of cards.

[Aquarian Sports Cards]

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