@craig44 said:
I have a feeling that at least for everything below the top 10% cards, ebay, PWCC, auction houses etc will be irrelevant in 10 years anyways. maybe less.
so many cards, including some big ones transact daily on facebook/instagram for no fees, more and more people will just start selling in that way. why on earth give ebay 10%???
where so many transactions are being done privately though, it is really hard to find comps.
I disagree. Where can people sell their less than $20 ungraded cards ?? Thousands of them ? The only place I see this happening consistently in on EBAY.
@craig44 said:
I have a feeling that at least for everything below the top 10% cards, ebay, PWCC, auction houses etc will be irrelevant in 10 years anyways. maybe less.
so many cards, including some big ones transact daily on facebook/instagram for no fees, more and more people will just start selling in that way. why on earth give ebay 10%???
where so many transactions are being done privately though, it is really hard to find comps.
Define top 10% because I believe that you are right for sub 100$ cards but I wouldn't be confident to sell or buy 500$ or 1000$ on Facebook. For me, having the intermediary is quite convenient.
What about Paypal and your Credit Card or Banking Institution. These 2 intermediaries are not enough?
@craig44 said:
I have a feeling that at least for everything below the top 10% cards, ebay, PWCC, auction houses etc will be irrelevant in 10 years anyways. maybe less.
so many cards, including some big ones transact daily on facebook/instagram for no fees, more and more people will just start selling in that way. why on earth give ebay 10%???
where so many transactions are being done privately though, it is really hard to find comps.
Not to disagree completely because those markets are heating up but I would be worried about the security involved on a face to face high dollar transaction.
Successful coin BST transactions with Gerard and segoja.
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
@craig44 said:
I have a feeling that at least for everything below the top 10% cards, ebay, PWCC, auction houses etc will be irrelevant in 10 years anyways. maybe less.
so many cards, including some big ones transact daily on facebook/instagram for no fees, more and more people will just start selling in that way. why on earth give ebay 10%???
where so many transactions are being done privately though, it is really hard to find comps.
Define top 10% because I believe that you are right for sub 100$ cards but I wouldn't be confident to sell or buy 500$ or 1000$ on Facebook. For me, having the intermediary is quite convenient.
What about Paypal and your Credit Card or Banking Institution. These 2 intermediaries are not enough?
I didn't know that Paypal was protecting sales between 2 persons (not involving a company seller).
@craig44 said:
I have a feeling that at least for everything below the top 10% cards, ebay, PWCC, auction houses etc will be irrelevant in 10 years anyways. maybe less.
so many cards, including some big ones transact daily on facebook/instagram for no fees, more and more people will just start selling in that way. why on earth give ebay 10%???
where so many transactions are being done privately though, it is really hard to find comps.
Define top 10% because I believe that you are right for sub 100$ cards but I wouldn't be confident to sell or buy 500$ or 1000$ on Facebook. For me, having the intermediary is quite convenient.
What about Paypal and your Credit Card or Banking Institution. These 2 intermediaries are not enough?
I didn't know that Paypal was protecting sales between 2 persons (not involving a company seller).
As long as the sale is through goods and services it is protected.
@craig44 said:
I have a feeling that at least for everything below the top 10% cards, ebay, PWCC, auction houses etc will be irrelevant in 10 years anyways. maybe less.
so many cards, including some big ones transact daily on facebook/instagram for no fees, more and more people will just start selling in that way. why on earth give ebay 10%???
where so many transactions are being done privately though, it is really hard to find comps.
Define top 10% because I believe that you are right for sub 100$ cards but I wouldn't be confident to sell or buy 500$ or 1000$ on Facebook. For me, having the intermediary is quite convenient.
What about Paypal and your Credit Card or Banking Institution. These 2 intermediaries are not enough?
I didn't know that Paypal was protecting sales between 2 persons (not involving a company seller).
@craig44 said:
I have a feeling that at least for everything below the top 10% cards, ebay, PWCC, auction houses etc will be irrelevant in 10 years anyways. maybe less.
so many cards, including some big ones transact daily on facebook/instagram for no fees, more and more people will just start selling in that way. why on earth give ebay 10%???
where so many transactions are being done privately though, it is really hard to find comps.
Define top 10% because I believe that you are right for sub 100$ cards but I wouldn't be confident to sell or buy 500$ or 1000$ on Facebook. For me, having the intermediary is quite convenient.
What about Paypal and your Credit Card or Banking Institution. These 2 intermediaries are not enough?
I didn't know that Paypal was protecting sales between 2 persons (not involving a company seller).
As long as the sale is through goods and services it is protected.
Correct. And the same should apply when funded by any credible credit and banking institution. Use your Paypal lifeline first though.
@craig44 said:
I have a feeling that at least for everything below the top 10% cards, ebay, PWCC, auction houses etc will be irrelevant in 10 years anyways. maybe less.
so many cards, including some big ones transact daily on facebook/instagram for no fees, more and more people will just start selling in that way. why on earth give ebay 10%???
where so many transactions are being done privately though, it is really hard to find comps.
Define top 10% because I believe that you are right for sub 100$ cards but I wouldn't be confident to sell or buy 500$ or 1000$ on Facebook. For me, having the intermediary is quite convenient.
What about Paypal and your Credit Card or Banking Institution. These 2 intermediaries are not enough?
I didn't know that Paypal was protecting sales between 2 persons (not involving a company seller).
@craig44 said:
I have a feeling that at least for everything below the top 10% cards, ebay, PWCC, auction houses etc will be irrelevant in 10 years anyways. maybe less.
so many cards, including some big ones transact daily on facebook/instagram for no fees, more and more people will just start selling in that way. why on earth give ebay 10%???
where so many transactions are being done privately though, it is really hard to find comps.
Define top 10% because I believe that you are right for sub 100$ cards but I wouldn't be confident to sell or buy 500$ or 1000$ on Facebook. For me, having the intermediary is quite convenient.
What about Paypal and your Credit Card or Banking Institution. These 2 intermediaries are not enough?
I didn't know that Paypal was protecting sales between 2 persons (not involving a company seller).
As long as the sale is through goods and services it is protected.
Correct. And the same should apply when funded by any credible credit and banking institution. Use your Paypal lifeline first though.
@professorpuck said:
PWCC notes the payout dates for every auction in your seller's portal. It's something like 2 weeks from close. It varies by consignment operation.
I used Probstein and the cards closed 5 weeks ago, and still have not received payment. Is this normal?
@craig44 said:
I have a feeling that at least for everything below the top 10% cards, ebay, PWCC, auction houses etc will be irrelevant in 10 years anyways. maybe less.
so many cards, including some big ones transact daily on facebook/instagram for no fees, more and more people will just start selling in that way. why on earth give ebay 10%???
where so many transactions are being done privately though, it is really hard to find comps.
I disagree. Where can people sell their less than $20 ungraded cards ?? Thousands of them ? The only place I see this happening consistently in on EBAY.
Sportlots auctions. about 80% of the time I finish well above ebay.
@professorpuck said:
PWCC notes the payout dates for every auction in your seller's portal. It's something like 2 weeks from close. It varies by consignment operation.
I used Probstein and the cards closed 5 weeks ago, and still have not received payment. Is this normal?
I used him several years ago and it took me 7 or 8 weeks as I recall
@professorpuck said:
PWCC notes the payout dates for every auction in your seller's portal. It's something like 2 weeks from close. It varies by consignment operation.
I used Probstein and the cards closed 5 weeks ago, and still have not received payment. Is this normal?
I used him several years ago and it took me 7 or 8 weeks as I recall
Wow how horrible. Why so long? I will be looking into 4SC the next time!!
Attempting to find cards on PWCC’s new platform has really made me appreciate Ebays search options. Being able to refresh 50 or 200 saved searches in an instant or automatically send you search results is such a time saver.
Curious how the payouts from the first Pwcc monthly auction have gone? Have Peeps been paid? 5 weeks to get paid out by Probstein looks good considering Pwcc had to have been sitting on those cards for a minimum of 3 to 4 months now. Usually had to get them there the month prior to the auction. Then the auction runs. Then they got the boot. Regroup. Wait for their platform to go live. Wait for that auction to roll out and run, then wait how much longer to hopefully get paid? Imagine if there were non-payers and having to have it relisted for a 3rd time. Yikes.
Best of luck to everybody regardless of who they went with. I remember the good old days when none of this was even fathomable. 4sharpcorners is looking pretty good with that 6% deal. List fast, pay fast and they seem to have got much more volume and a higher caliber range of cards. FTR; I am a non-investor in any of the companies mentioned above.
@professorpuck said:
PWCC notes the payout dates for every auction in your seller's portal. It's something like 2 weeks from close. It varies by consignment operation.
I used Probstein and the cards closed 5 weeks ago, and still have not received payment. Is this normal?
I used him several years ago and it took me 7 or 8 weeks as I recall
So what you are saying is to stay away from Probstein and PWCC. You are probably right.
@Flux said:
Curious how the payouts from the first Pwcc monthly auction have gone? Have Peeps been paid? 5 weeks to get paid out by Probstein looks good considering Pwcc had to have been sitting on those cards for a minimum of 3 to 4 months now. Usually had to get them there the month prior to the auction. Then the auction runs. Then they got the boot. Regroup. Wait for their platform to go live. Wait for that auction to roll out and run, then wait how much longer to hopefully get paid? Imagine if there were non-payers and having to have it relisted for a 3rd time. Yikes.
Best of luck to everybody regardless of who they went with. I remember the good old days when none of this was even fathomable. 4sharpcorners is looking pretty good with that 6% deal. List fast, pay fast and they seem to have got much more volume and a higher caliber range of cards. FTR; I am a non-investor in any of the companies mentioned above.
Not sure on PWCC monthly auction, but for PWCC marketplace, it has been fairly quick for items under $5,000, only a couple weeks, but has taken closer to a month or a little over for items over $10,000 for payout to hit the bank account.
'We have switched from paypal payments to ACH payments. All payments moving forward will be sent via ACH. May you please provide us with the information below:'
1) Account #
2) ACH Routing # (might be different than the wire number)
3) Name the account is under
4) Is it a personal or business account
Many people want competitors to fail, but it is good for the free market if there are lots of consignor who are successful. Nobody seems to understand that but hopefully it will sink in overtime.
The market seems very strong right now, and I can tell you as a matter of fact that all the above consignors are doing quite well right now. I have recently got some fantastic deals from 4SC via eBay on their auctions.
'We have switched from paypal payments to ACH payments. All payments moving forward will be sent via ACH. May you please provide us with the information below:'
1) Account #
2) ACH Routing # (might be different than the wire number)
3) Name the account is under
4) Is it a personal or business account
sarcasm
seems like a trustworthy outfit to provide Bank Account Information as well as any PII info they deem required /sarcasm
One of the selling points of Paypal they are an intermediary to protect sellers (and buyers) from having to dole out financial information to the other party.
It's the singer not the song - Peter Townshend (1972)
'We have switched from paypal payments to ACH payments. All payments moving forward will be sent via ACH. May you please provide us with the information below:'
1) Account #
2) ACH Routing # (might be different than the wire number)
3) Name the account is under
4) Is it a personal or business account
sarcasm
PWCC seems like trustworthy outfit to provide Bank Account Information as well as any PII info they deem required /sarcasm
I like how they are selling rare cards worth thousands of dollars that they don’t even have in their possession. Even when asked to double check and then they reply “Yes. We do not sell cards we are not in possession of”.
@professorpuck said:
Having read through this one, it does sound like a totally honest mistake.
Except for “Noah” from PWCC saying that it’s in their possession and being prepped for shipping. I get that the eBay upheaval could cause inventory issues, but if someone reaches out to you with an apparent conflict about where a card is, I’d expect some due diligence before such a firm (and incorrect) response is sent out.
I stopped doing business with them awhile ago, but these kinds of mistakes don’t exactly give you confidence. My own example - Back in March I got a decent sized check from them. The only problem was I hadn’t consigned anything with them for a couple years. I reached out and apparently they accidentally linked someone else’s consignment to my account.
'We have switched from paypal payments to ACH payments. All payments moving forward will be sent via ACH. May you please provide us with the information below:'
1) Account #
2) ACH Routing # (might be different than the wire number)
3) Name the account is under
4) Is it a personal or business account
Doesn’t this violate EBay TOS? You can’t pay by money anymore or any other form of payment.
'We have switched from paypal payments to ACH payments. All payments moving forward will be sent via ACH. May you please provide us with the information below:'
1) Account #
2) ACH Routing # (might be different than the wire number)
3) Name the account is under
4) Is it a personal or business account
Doesn’t this violate EBay TOS? You can’t pay by money anymore or any other form of payment.
I think this is referring to Probstein’s payments to consignors, which has nothing to do with eBay.
'We have switched from paypal payments to ACH payments. All payments moving forward will be sent via ACH. May you please provide us with the information below:'
1) Account #
2) ACH Routing # (might be different than the wire number)
3) Name the account is under
4) Is it a personal or business account
Doesn’t this violate EBay TOS? You can’t pay by money anymore or any other form of payment.
I think this is referring to Probstein’s payments to consignors, which has nothing to do with eBay.
I certainly wouldn't feel comfortable providing all that banking information to Probstein.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
@professorpuck said:
PWCC notes the payout dates for every auction in your seller's portal. It's something like 2 weeks from close. It varies by consignment operation.
I used Probstein and the cards closed 5 weeks ago, and still have not received payment. Is this normal?
I used him several years ago and it took me 7 or 8 weeks as I recall
So what you are saying is to stay away from Probstein and PWCC. You are probably right.
Art,
Do you know how the experience is with Greg Morris Good or Bad?
"_sarcasm
_seems like a trustworthy outfit to provide Bank Account Information as well as any PII info they deem required /sarcasm
__One of the selling points of Paypal they are an intermediary to protect sellers (and buyers) from having to dole out financial information to the other party."
Comments
I disagree. Where can people sell their less than $20 ungraded cards ?? Thousands of them ? The only place I see this happening consistently in on EBAY.
What about Paypal and your Credit Card or Banking Institution. These 2 intermediaries are not enough?
Not to disagree completely because those markets are heating up but I would be worried about the security involved on a face to face high dollar transaction.
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
I didn't know that Paypal was protecting sales between 2 persons (not involving a company seller).
As long as the sale is through goods and services it is protected.
Correct. And the same should apply when funded by any credible credit and banking institution. Use your Paypal lifeline first though.
Thanks for that. I guess we learn every day
I used Probstein and the cards closed 5 weeks ago, and still have not received payment. Is this normal?
Terry Bradshaw was AMAZING!!
Ignore list -Basebal21
Sportlots auctions. about 80% of the time I finish well above ebay.
I used him several years ago and it took me 7 or 8 weeks as I recall
Wow how horrible. Why so long? I will be looking into 4SC the next time!!
Terry Bradshaw was AMAZING!!
Ignore list -Basebal21
Attempting to find cards on PWCC’s new platform has really made me appreciate Ebays search options. Being able to refresh 50 or 200 saved searches in an instant or automatically send you search results is such a time saver.
Nic
Guides Authored - Graded Card Scanning Guide PDF | History of the PSA Label PDF
Curious how the payouts from the first Pwcc monthly auction have gone? Have Peeps been paid? 5 weeks to get paid out by Probstein looks good considering Pwcc had to have been sitting on those cards for a minimum of 3 to 4 months now. Usually had to get them there the month prior to the auction. Then the auction runs. Then they got the boot. Regroup. Wait for their platform to go live. Wait for that auction to roll out and run, then wait how much longer to hopefully get paid? Imagine if there were non-payers and having to have it relisted for a 3rd time. Yikes.
Best of luck to everybody regardless of who they went with. I remember the good old days when none of this was even fathomable. 4sharpcorners is looking pretty good with that 6% deal. List fast, pay fast and they seem to have got much more volume and a higher caliber range of cards. FTR; I am a non-investor in any of the companies mentioned above.
So what you are saying is to stay away from Probstein and PWCC. You are probably right.
Not sure on PWCC monthly auction, but for PWCC marketplace, it has been fairly quick for items under $5,000, only a couple weeks, but has taken closer to a month or a little over for items over $10,000 for payout to hit the bank account.
Got this email from Probstein.
'We have switched from paypal payments to ACH payments. All payments moving forward will be sent via ACH. May you please provide us with the information below:'
1) Account #
2) ACH Routing # (might be different than the wire number)
3) Name the account is under
4) Is it a personal or business account
Terry Bradshaw was AMAZING!!
Ignore list -Basebal21
Many people want competitors to fail, but it is good for the free market if there are lots of consignor who are successful. Nobody seems to understand that but hopefully it will sink in overtime.
The market seems very strong right now, and I can tell you as a matter of fact that all the above consignors are doing quite well right now. I have recently got some fantastic deals from 4SC via eBay on their auctions.
Cheers to investors and collectors alike!
sarcasm
seems like a trustworthy outfit to provide Bank Account Information as well as any PII info they deem required /sarcasm
One of the selling points of Paypal they are an intermediary to protect sellers (and buyers) from having to dole out financial information to the other party.
It's the singer not the song - Peter Townshend (1972)
I like how they are selling rare cards worth thousands of dollars that they don’t even have in their possession. Even when asked to double check and then they reply “Yes. We do not sell cards we are not in possession of”.
Ooof!
https://www.blowoutforums.com/showthread.php?t=1493590
Too bad. PWCC should be "banned" from selling such cards!
Obviously no malicious intent on their part.
Having read through this one, it does sound like a totally honest mistake.
Except for “Noah” from PWCC saying that it’s in their possession and being prepped for shipping. I get that the eBay upheaval could cause inventory issues, but if someone reaches out to you with an apparent conflict about where a card is, I’d expect some due diligence before such a firm (and incorrect) response is sent out.
Jim
I stopped doing business with them awhile ago, but these kinds of mistakes don’t exactly give you confidence. My own example - Back in March I got a decent sized check from them. The only problem was I hadn’t consigned anything with them for a couple years. I reached out and apparently they accidentally linked someone else’s consignment to my account.
Doesn’t this violate EBay TOS? You can’t pay by money anymore or any other form of payment.
I think this is referring to Probstein’s payments to consignors, which has nothing to do with eBay.
Correct.
Terry Bradshaw was AMAZING!!
Ignore list -Basebal21
I certainly wouldn't feel comfortable providing all that banking information to Probstein.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
I wonder why he quit sending payments via paypal?
Terry Bradshaw was AMAZING!!
Ignore list -Basebal21
Art,
Do you know how the experience is with Greg Morris Good or Bad?
"_sarcasm
_seems like a trustworthy outfit to provide Bank Account Information as well as any PII info they deem required /sarcasm
__One of the selling points of Paypal they are an intermediary to protect sellers (and buyers) from having to dole out financial information to the other party."
This information is on every check you write.
.
It's the singer not the song - Peter Townshend (1972)