PWCC Auctions - Mystery Bid Post Auction?

[Snowman]

Originally Posted by 55koufax

I won a lot of cards the past two nights from PWCC and am bidding on a dozen more tonight. I believe their platform is very slow, and not the most use friendly. That said, eBay may be faster, but PWCC customer service is way better IMO. Hands down. Now I will be looking over that final invoice very carefully.

Bummed as I lost out on the '55 Jackie Robinson 8. And by only one increment. Rats!

Damn. That was a nice looking card too. I was watching that one.

[Kidnapped18]

You guys are making this tax thing way too complicated. The PWCC vault is in Oregon which has 0% sales tax and that is why PWCC is promoting the vault as a way not to pay sales tax. If you elect to to have your cards shipped to your home state and your state does have sales/use tax then PWCC (seller) is obligated to collect the sales tax for your state and remit it to that state's Department of Revenue. If for whatever reason PWCC does not collect the sales tax (which I highly doubt they would) then you (buyer) are obligated to self report any tax owed on either monthly or quarterly basis.

This is not complicated folks.

[sb1]

That is a moot point if you are a business and have a valid resale cert.

[sb1]

As an update.

My items have been curated into the Vault, I was given a quick tutorial on how to request be sent to me, which was easy to do. Then when I encountered Vault fees(all of $6.25) and some extra shipping due to insured value, which was correct but much higher than my winnings bids, due to the fact I got the cards well below value. They then waived these vault charges and extra insurance and I was back to the original amount and the cards will be shipped very shortly.

As others have said their customer service is on an extremely high level!

So, this all worked out.

[slidekellyslide]

I'm shocked at the number of Net54 members still willing to deal with PWCC.

Just kidding...no I'm not.

[Johnny630]

Originally Posted by slidekellyslide

I'm shocked at the number of Net54 members still willing to deal with PWCC.

Just kidding...no I'm not.

If the devil himself hand an auction an was selling a 52 Mantle that was under comps with an hour to go you’d be shocked at how many people would still wanna deal with him.

Ultimately in this industry it doesn’t matter about integrity it matters about the cards and money.

[Snowman]

Originally Posted by Johnny630

If the devil himself hand an auction an was selling a 52 Mantle that was under comps with an hour to go you’d be shocked at how many people would still wanna deal with him.

Ultimately in this industry it doesn’t matter about integrity it matters about the cards and money.

You assume everyone believes in the devil though. Many do not. Many also do not subscribe to the majority of the PWCC conspiracy theories.

[Lorewalker]

Originally Posted by slidekellyslide

I'm shocked at the number of Net54 members still willing to deal with PWCC.

Just kidding...no I'm not.

It is truly amazing.

[rhettyeakley]

Originally Posted by slidekellyslide

I'm shocked at the number of Net54 members still willing to deal with PWCC.

Just kidding...no I'm not.

What he said.

Why do we choose to do business with these people? It is almost like we go out of our way to lift the biggest slime-ball’s to the top of this hobby/industry!

[Peter_Spaeth]

Originally Posted by rhettyeakley

What he said.

Why do we choose to do business with these people? It is almost like we go out of our way to lift the biggest slime-ball’s to the top of this hobby/industry!

You know the answer, Rhett.

[BobC]

Originally Posted by Kidnapped18

You guys are making this tax thing way too complicated. The PWCC vault is in Oregon which has 0% sales tax and that is why PWCC is promoting the vault as a way not to pay sales tax. If you elect to to have your cards shipped to your home state and your state does have sales/use tax then PWCC (seller) is obligated to collect the sales tax for your state and remit it to that state's Department of Revenue. If for whatever reason PWCC does not collect the sales tax (which I highly doubt they would) then you (buyer) are obligated to self report any tax owed on either monthly or quarterly basis.

This is not complicated folks.

Really?!?!?

So it makes no difference if you leave something in their vault for several years before then asking them to return the item to you? What if you left it there in their vault for over ten years before asking that it be returned? Or what if the item is in their vault for several years and instead of you asking them to return it to you, they go out of business and just ship everything back to you at your home address?

Or how about this, you have an item in their vault and go to sell it, but decide to use a different seller/AH to list and sell it for you. So you have PWCC ship the item directly to your AH of choice, that just so happens to be in a different state than the one you live in. Do you now owe a use tax in the state you live in, even though the item is never shipped to and physically in your state of residence? Or do you possibly now owe a use tax to the state where the AH that is selling it for you is located, even though it will only be there for a short period of time while the AH completes the sale for you?

And for another possible twist, what if you lived in one state when you originally purchased an item that went right into their vault, and a year or two later asked them to now return the item to you. But during the time the item was in their vault you moved to a different state that also had sales and use taxes? Do you have to report and pay the use tax to the state you no longer live in since that was where you were living at the time you originally bought the item and put it into the vault, or do you now owe use tax to the state you had moved to, even though you didn't live in that state when the item was originally purchased?

And now here is the real ass-kicker question. Is the answer to each of these questions I just posed above going to be EXACTLY THE SAME in all 45 U.S. states that impose sales and use taxes on items being purchased?

And for the record, use taxes are not necessarily always reported and paid on a monthly or quarterly filing basis. For example, in Ohio there is a line item on the state's annual individual income tax return where an individual taxpayer (or jointly filing couple) can report any use tax owed on purchases from the prior calendar year. Any such use tax due and reported will then either increase the amount of Ohio income taxes owed, or decrease the state income tax refund that would otherwise be received.

PLEASE, PLEASE, PLEASE, think twice, even three times, and then still don't make simplified posts with generalized statements in regards to taxes, especially concerning state taxes where the laws and rules can vary in every single state, unless you truly know what you're talking about. Otherwise, all you're doing is putting conflicting information out there that someone else on this forum that doesn't know any better may read and erroneously follow. I thought one of the basic tenets of this forum was to try and help and educate each other. That is simply what I was trying to do for anyone on here who already had items in either PWCC's or Goldin's vault, or was thinking about putting things in their vaults sometime in the future.