New Ebay Authentication service

[GeoPoto]

[QUOTE=Snowman;2190534]Ultimately, this service will be paid for by the buyers and sellers.

What you say makes sense, but don't you think eBay hopes that it will be covered by reduced expenses adjudicating/policing bad actors and thereby allow higher-dollar, ungraded cards to continue being sold on eBay in a way that is profitable for eBay.

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[D. Bergin]

[QUOTE=GeoPoto;2190930]

Originally Posted by Snowman

Ultimately, this service will be paid for by the buyers and sellers.

What you say makes sense, but don't you think eBay hopes that it will be covered by reduced expenses adjudicating/policing bad actors and thereby allow higher-dollar, ungraded cards to continue being sold on eBay in a way that is profitable for eBay.

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No,

Sorry, but have you paid attention to Ebay at any point in the last 20 years? They charge a final value fee on Sales Tax and VAT tax collection. Not a merchant fee for the processing of money portion of the sale.....but a full final value fee...same percentage as what you pay for the actual sold item.

If they could figure out how to kick everybody's mother down the stairs to make an extra nickel per transaction for their bottom line...they would.

[Snowman]

[QUOTE=GeoPoto;2190930]

Originally Posted by Snowman

Ultimately, this service will be paid for by the buyers and sellers.

What you say makes sense, but don't you think eBay hopes that it will be covered by reduced expenses adjudicating/policing bad actors and thereby allow higher-dollar, ungraded cards to continue being sold on eBay in a way that is profitable for eBay.

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Yes, ultimately, I think this addresses at least some of what eBay hopes to accomplish through this program. I think they are hoping it helps to cut costs for adjudicating/policing bad actors. Which is probably why they're willing to eat the costs initially. But this is still ebay. They will eventually transfer the cost burden over to the sellers.

I think this is a miscalculation on their part though. I think this will ultimately end up costing them more than it will save them. People aren't going to like it.

[Jobu]

I agree that they are likely doing this because they think it will be cheaper than what they currently lose to fraud. I also think that it will end up costing much more than what they lose to fraud because it will drive people to sell high dollar cards elsewhere - it isn't as if there is a shortage of electronic platforms to use.

I also wonder what happens when someone buys a Jordan rookie in a fake PSA flip, the TPG gives it the thumbs up, and the buyer then sends it to PSA for a reholder to be told it is fake.

[Kris19]

Originally Posted by Jobu

I also wonder what happens when someone buys a Jordan rookie in a fake PSA flip, the TPG gives it the thumbs up, and the buyer then sends it to PSA for a reholder to be told it is fake.

Hi Bryan - Since this only applies to raw cards, that scenario will not happen.

[rand1com]

Are they simply verifying it is a real card or are they also saying it has not been tampered with in any way such as trimming, recoloring, etc.?

That would actually be a valuable service for raw cards but I doubt that is what you are getting for no charge.

It also says they check to make sure the item matches the description. So if a seller grades the card VG/EX, how will they say it matches the description without grading the card?

I'm guessing going forward that $750 or higher raw cards will have NO description. It will just state the year and make of the card. It would be crazy to give any additional information to be scrutinized by a 3rd party.

I may buy one just to see how well the system works.

I'm guessing they have not considered the complexity of this service and as others have said it will be not be popular.

[Jobu]

Ah, I missed that. Thanks for pointing it out.

My other question is what happens for cards the TPG can't authenticate?

Originally Posted by Kris19

Hi Bryan - Since this only applies to raw cards, that scenario will not happen.

[rand1com]

Originally Posted by Jobu

Ah, I missed that. Thanks for pointing it out.

My other question is what happens for cards the TPG can't authenticate?

I think you are just out of luck in that case because they would have to remove the sealed flip provided by Ebay to authenticate it, and that would void Ebay's authentication.

I'm guessing here, but based on the length of time PSA is taking to grade cards the potential Ebay guarantee window which I think is 180 days would be long gone.

There are many unanswered questions with this policy.

[prestigecollectibles]

Inside eBay's new Authenticity Guarantee for trading cards: 'It'll be a fast service'

https://www.sportingnews.com/us/mlb/...914xlepioy0s5v

[Kris19]

I will be the “official” Net54 test case
I bought a card this morning with the Authenticity Guarantee. I am 99.9% sure the card is fake. I will post updates here as things unfold. This should be interesting!

[rand1com]

Originally Posted by prestigecollectibles

Inside eBay's new Authenticity Guarantee for trading cards: 'It'll be a fast service'

https://www.sportingnews.com/us/mlb/...914xlepioy0s5v

Interesting interview. Thanks for posting. Cleared up some questions not answered in Ebay's explanation of the service.

Ebay claims the card will be authenticated after being received in 1-2 days. Wonder how long that time frame will stand up? I'm guessing not long.

I'm going to buy a card today and see how long it takes from purchase date to delivery to me.

[LEHR]

Originally Posted by prestigecollectibles

Inside eBay's new Authenticity Guarantee for trading cards: 'It'll be a fast service'

https://www.sportingnews.com/us/mlb/...914xlepioy0s5v

So eventually I'd have to send in a $250 card to this service that's already been authenticated by PSA/SGC,...that's mind boggling to me and completely ridiculous. This would definitely make me stop selling everything on eBay that I know will even get close to that $250 dollar mark.
What a shit show.