PWCC to Become Fanatics Collect While Fanatics Inks High-End Auction Deal w/Sotheby’s

[Peter_Spaeth]

Originally Posted by bnorth

Maybe he went to work for the FBI. Kinda a job exchange program.

Yeah he could replace SA Brusokas. Who, I believe, went to work for Fanatics.

[brianp-beme]

Originally Posted by Peter_Spaeth

Yeah he could replace SA Brusokas. Who, I believe, went to work for Fanatics.

At the rate this is going, someday soon we will all be living in the U.S.F. - the United States of Fanatics.

Brian

[4815162342]

Originally Posted by brianp-beme

At the rate this is going, someday soon we will all be living in the U.S.F. - the United States of Fanatics.

Brian

This. They’re taking over a lot of the hobby.

[Bigdaddy]

Originally Posted by 4815162342

This. They’re taking over a lot of the hobby.

And no good will come of that.

[peterose4hof]

Interested to see how this works.

"Later this year, Fanatics Collect will introduce a range of new updates, including peer-to-peer trading, AI-powered concierge services, card scanning and digital collectibles."

[CardPadre]

Originally Posted by peterose4hof

Interested to see how this works.

"Later this year, Fanatics Collect will introduce a range of new updates, including peer-to-peer trading, AI-powered concierge services, card scanning and digital collectibles."

I can only imagine it will be done between cards in their vault. I'd be beyond surprised if they tried to facilitate any trades outside of it.




.

[parkplace33]

The only thing shocking about this news in that it took this long for PWCC to rebrand.

[sportscardpete]

I had a few conversations within and outside the hobby on this news. Outside the hobby, I have heard that auction houses outside of Sotheby's are now "Dead". Obviously that is not true. Within the hobby, there is a lot of skepticism as to how targeting cards over $100k would work. Obviously that is a very competitive, relationship driven market, and often times they come at deeply reduced rates. To be honest - and this is just me speculating - if you are Sotheby's, and you are used to commissions much higher than sports cards, are you really going to sell a card at a -10% rate for $100k? And, if you are a collector, do you trust them over the typical sports auction house route? I think it will take years for Sotheby's to establish themselves, and maybe then will they be super competitive. I see this news as nothing - for now - but curious how it looks in a few years.