Anybody Noticing PWCC weekly auction content and sales $$$'s?

[Peter_Spaeth]

Originally Posted by Lorewalker

Well it is not every auction and every lot but there is much more of that happening today, I think. Was not saying you were wrong at all. Just saying the rules are not applying across the board any longer.

Chase, you may be right, but even so what's the worst that happens if you bid x/1.2? You lose, so what? Not a reason not to bid. The outrage people constantly express about BPs just seems completely misplaced. As though they're being forced to pay more.

[tiger8mush]

Slightly OT, but this is in their current auction ... how old is the PSA label, with "VG 4"?

[Casey2296]

Originally Posted by tiger8mush

Slightly OT, but this is in their current auction ... how old is the PSA label, with "VG 4"?

That's a type 1 original, issued in 91 & 92, pretty rare to see actually.

[Dead-Ball-Hitter]

Besides the whole card altering & regrading scandal, which did cause me to lose confidence in Brent & PWCC, their product line has diminished, their sticker proclaiming a top tier graded example, which was ingenious at the time (like coin slab stickers), now holds absolutely no value, given that at least few of those stickers were put on altered cards, and lastly, their website stinks! The site is slow and denies access to anyone with a VPN. Its the 21st century, many of us use VPNs, especially when conducting business online, like buying a $10K card.

[BRoberts]

Originally Posted by Peter_Spaeth

The outrage people constantly express about BPs just seems completely misplaced.

Whenever I read someone railing against BP or condemning an auction house for it, I immediately wonder what other simple things in life they can't grasp. As you say, if every bidder is paying it, it doesn't matter at all. Now, if some bidders are being allowed to skate on the BP or are being given reduced rates, that's another story.

Bidders should be more pissed that some bidders in auctions are charged sales tax and others aren't (based on the state in which they live). Now that's the uneven playing field they mistakenly think BP is. And even that isn't the fault of the auction house but rather rules set up by the government.

[JeremyW]

To BRoberts point, I'm guessing that the individual states are amazed at the amount of money that Ebay & other auction houses are sending them in sales tax. Personally, I've never concerned myself with the buyer's premium as a buyer, only as a seller.

[Leon]

Originally Posted by Peter_Spaeth

Chase, you may be right, but even so what's the worst that happens if you bid x/1.2? You lose, so what? Not a reason not to bid. The outrage people constantly express about BPs just seems completely misplaced. As though they're being forced to pay more.

I am not sure where you saw all of the outrage? Personally, I said I am much less likely to bid with them with the 20% BP. Why? Because there are some of the best AHs around that advertise here and charge the same. Between ebay, our BST and Net54 advertisers, that is where about 98% of the few bucks I have to spend goes. It might just be a principle thing for me too.

[Peter_Spaeth]

Originally Posted by Leon

I am not sure where you saw all of the outrage? Personally, I said I am much less likely to bid with them with the 20% BP. Why? Because there are some of the best AHs around that advertise here and charge the same. Between ebay, our BST and Net54 advertisers, that is where about 98% of the few bucks I have to spend goes. It might just be a principle thing for me too.

People have been complaining about BPs since I started reading this board. And I don't know why. It's a non-issue except for consignors. If consignors don't want to give up 20 percent to PWCC and would rather give it up to an AH, I get that. But it's just a math calculation for a bidder.

Maybe outrage is an overstatement for this thread, but posters did state the 20 percent BP would cause them not to bid. And I'm like, why?

[JeremyW]

Originally Posted by Peter_Spaeth

People have been complaining about BPs since I started reading this board. And I don't know why. It's a non-issue except for consignors. If consignors don't want to give up 20 percent to PWCC and would rather give it up to an AH, I get that. But it's just a math calculation for a bidder.

Maybe outrage is an overstatement for this thread, but posters did state the 20 percent BP would cause them not to bid. And I'm like, why?

I agree. All premiums are paid by the consignor. If an auction house offers 19% buyer's premium all that means is that the consignor gets 1% more than usual.

[darwinbulldog]

Shhh. Some of us like it when other bidders remove themselves from the action.

[Yoda]

The current bunch of T206s in their current weekly auction is a far cry from yesterday. Pure dog poop.

[Snowman]

Originally Posted by darwinbulldog

Shhh. Some of us like it when other bidders remove themselves from the action.

lol. "Please do not tap on the glass."

[BobbyStrawberry]

Originally Posted by Leon

I am not sure where you saw all of the outrage? Personally, I said I am much less likely to bid with them with the 20% BP. Why? Because there are some of the best AHs around that advertise here and charge the same. Between ebay, our BST and Net54 advertisers, that is where about 98% of the few bucks I have to spend goes. It might just be a principle thing for me too.

I agree about the principle... 20% BP at quality AHs like REA or LOTG is one thing, but PWCC? That's like McDonald's instituting a compulsory valet parking policy. And on top of that, they want to keep your cards!!