Same SGC 7 Mantle Sold 4 times in 15 months

[Peter_Spaeth]

Originally Posted by Rhotchkiss

I have not accused Brett or Betsy of anything. What I have done is posted a series of Mantle SGC 7 alleged sales of the same card, including what Peter found, 4 of which sales are connected in some fashion to PWCC - either their auctions or their vault. Not REA, not Goldin, not any other house- rather PWCC, an outfit that has been involved (fact and documented) in numerous sketchy activities, got booted from eBay, and recently went belly up (from the top of the world). If the conclusion people are drawing is that PWCC or their old ownership was somehow connected with these “sales”, it’s tough to argue that. I have no direct proof. But where there is smoke….

Regardless, I don’t give a shit about PWCC or anyone there. That place imploded and I haven’t bought from them in years. They are history. Instead, I noticed the same mantle being sold 4 times in 2 years, each time for less, and I pointed that out and asked for theories. My theory is at least 2 of them (now 3) are fake sales intended to create inflated comps. I don’t know if it was PWCC, eBay, Brett/Betsy, other people, or all the above. But I do feel they were fake, nefarious, and PWCC is connected to 4 of the “sales”. At the least, PWCC created a platform that provided opportunity for fake sales.

Let us also not forget they were the target of a federal investigation and initially were cooperating meaning they were going to plead guilty. Let us also not forget they sold Moser's cards for well over a decade. As for me, I was not accusing them specifically with respect to the 900K sale, rather my remark about Betsy was sarcasm about one of Travis' earlier posts.

[bcbgcbrcb]

Thanks for the clarification, Peter. I’m very sorry that I missed out on that knowledge from back in the day. Knowing that would have surely raised my suspicion when the same type of thing started happening in late 2020/early 2021 and I would hope to have been wise enough not to buy into all of the market hype that was going on. Unfortunately, that was not the case and I got burned about as bad as an individual possibly could, given the relatively small stake that I had in the game. Truly, a potential life ruining event for me.

[Peter_Spaeth]

Originally Posted by bcbgcbrcb

Thanks for the clarification, Peter. I’m very sorry that I missed out on that knowledge from back in the day. Knowing that would have surely raised my suspicion when the same type of thing started happening in late 2020/early 2021 and I would hope to have been wise enough not to buy into all of the market hype that was going on. Unfortunately, that was not the case and I got burned about as bad as an individual possibly could, given the relatively small stake that I had in the game.

Similar MO I think, fake sales and FOMO, although in 2020 and 2021 more of a role for the Gary Vees of the world I think.