PWCC stepping out on their own and taking on Goldin, Heritage, REA, etc.

[salthill]

Originally Posted by GeechQuest

Yes.

There isn’t one company in the hobby that I can find that is “pure”. If that is the bar you’re looking for, you may be searching for a while sadly.
All that said, PWCC still is probably the “best” in the business at what they do, and arguably the most “pure” of that was the standard one was trying to meet.
It is what it is.

You’ll find no shortage of takers for that argument here. Best of luck with it.

[Orangejello727]

Originally Posted by pspa123

Do the people praising this company realize it is under a now two year old federal investigation for fraud? LOL.

Originally Posted by superdan49

They do not care.

Its true, these high end flippers simply do not care. What I have learned in the past 2 yrs is discrediting an altered card only matter if you can get it for cheap. But it has no impact when you can sell it for top $$. Ill go as far a to say that altered and trim cards are part of the norm if the ownership is with an "Accepted" influence in the card world. If you are not, then it alterations to the card matter. What Im saying is "popular" owners get a pass for being shady.

This auction house is just another platform to funnel questionable graded high end to novice deep pockets. No skin off my back because I dont have any vested interest the trading of premium ultra high end to set record prices in order to contribute to "level up" marketing and profiting.

[psd2k10]

Originally Posted by tjforce

I trust PWCC must much than any other auction house...

IMO.. this will soon become the premier auction house for Ultra high end.

You must love trimmed and altered cards. Have at it! I will never buy from PWCC.

[GeechQuest]

Originally Posted by psd2k10

You must love trimmed and altered cards. Have at it! I will never buy another card.

Going to be tough sledding. The practice is too pervasive.

Thankfully we have 312, Superdan, corndog (and others) to help.

[2010GBPackers]

Looks like the purists finally showed up! Let me ask, what brand of shoes are you wearing? Which bank holds your money? Do you know how those rare-earth metals in your cell phone are extracted? Should we run through the historical lawsuits/settlements/guilty pleas and ethical practices of those companies too?

The fact is, customers of PWCC know more about their business practices than any other company they do business with. And that is why I'm on these boards. It's healthy for them to be called out and it's helpful to be informed.

All of my issues with PWCC were clearly addressed by my initial post and by other posters as well. I actually think I offered more negatives than positives. No one here is suggesting PWCC is "salt of the Earth", however, objectively looking at PWCC as only some criminal enterprise makes many of you look like fools. There a part of the hobby, like it or not. Thank you to 312, Corndog, and Superdan - you've provided collectors the ability to make an informed decision regarding PWCC. You had to know, though, that once all that was out there, some people would continue to do business with them.

[psd2k10]

Originally Posted by GeechQuest

Going to be tough sledding. The practice is too pervasive.

Thankfully we have 312, Superdan, corndog (and others) to help.

No kidding! This is the reason why 99% of my collection is pack pulled by me!

Respect to BODA!!!!!!!!!!!

But yea I will not support PWCC in any way shape or form and anyone that does, has no respect for this hobby and is in it ONLY for the money!

[SPauthentic84]

I always thought it would go a long way to make a statement about the feds

...obviously Im wrong

[salthill]

Originally Posted by 2010GBPackers

Looks like the purists finally showed up! Let me ask, what brand of shoes are you wearing? Which bank holds your money? Do you know how those rare-earth metals in your cell phone are extracted? Should we run through the historical lawsuits/settlements/guilty pleas and ethical practices of those companies too?

Whataboutism of the highest order.
None of that excuses PWCC from intentionally corrupting the market they operate in.

And you can’t possibly have expected to start a thread about PWCC on a hobbyist message board and not hear about it. Makes you look incredibly naive.

[chezball]

Originally Posted by 2010GBPackers

Looks like the purists finally showed up! Let me ask, what brand of shoes are you wearing? Which bank holds your money? Do you know how those rare-earth metals in your cell phone are extracted? Should we run through the historical lawsuits/settlements/guilty pleas and ethical practices of those companies too?

The fact is, customers of PWCC know more about their business practices than any other company they do business with. And that is why I'm on these boards. It's healthy for them to be called out and it's helpful to be informed.

All of my issues with PWCC were clearly addressed by my initial post and by other posters as well. I actually think I offered more negatives than positives. No one here is suggesting PWCC is "salt of the Earth", however, objectively looking at PWCC as only some criminal enterprise makes many of you look like fools. There a part of the hobby, like it or not. Thank you to 312, Corndog, and Superdan - you've provided collectors the ability to make an informed decision regarding PWCC. You had to know, though, that once all that was out there, some people would continue to do business with them.

The answer to the bold is not a freaking one and yes I don't use a cell phone and never will.

[imbluestreak23]

I just shipped a card to them for their May auction that could sell between $15K and $50K. Right on the cusp, but no market comps in years. Tempted to call and ask about valuation and whether this is a good card to use as a guinea pig given the payout structure but part of me just wants to stick with the eBay auction for more eye balls and to play it safe.

[Sjpwa]

I’m Team pwcc , can’t stand goldin website. They wired my money on time.

[aro13]

There is a vast difference between REA, Heritage, Goldin and PWCC. People can choose, of course, to do business with whomever they wish. However, I think it is pretty unfair to tarnish everyone in the hobby as being part of a criminal enterprise.

REA is run by Brian Dwyer who has an exceptional hobby image. He has pulled cards that he has been told have been altered. Never heard a bad word about the guy.

Heritage continues to sell altered cards with no disclosure and basically ignores all questions in this area.

PWCC has been shown on this site that they were well aware of the altered card situation.

Say what you want about Goldin and I will admit, I didn't like Ken at all because of the shop at home situation and some accusations against him. But since he has started his own auction company he has responded quickly to complaints, pulls altered cards when shown them and generally seems extremely buyer and seller friendly.

[pspa123]

Originally Posted by aro13

There is a vast difference between REA, Heritage, Goldin and PWCC. People can choose, of course, to do business with whomever they wish. However, I think it is pretty unfair to tarnish everyone in the hobby as being part of a criminal enterprise.

REA is run by Brian Dwyer who has an exceptional hobby image. He has pulled cards that he has been told have been altered. Never heard a bad word about the guy.

Heritage continues to sell altered cards with no disclosure and basically ignores all questions in this area.

PWCC has been shown on this site that they were well aware of the altered card situation.

Say what you want about Goldin and I will admit, I didn't like Ken at all because of the shop at home situation and some accusations against him. But since he has started his own auction company he has responded quickly to complaints, pulls altered cards when shown them and generally seems extremely buyer and seller friendly.

Here's another difference. PWCC is cooperating with a federal criminal investigation targeting them meaning they aren't offering a defense.

[rangeljon]

Good. eBay needs seriously challenged for the high-end auction market.

The no fees on sneakers crap they pulled angered the hell out of me.

Hopefully, eventually, ebay has to offer something similar for sports collectibles as incentive to stay on their site.

Happy to have the competition. Had already started using PWCC before this, and will continue to shop around with other houses to sell my high-end.

[Ross]

Originally Posted by tjforce

I trust PWCC must much than any other auction house...

IMO.. this will soon become the premier auction house for Ultra high end.

Amen


Sent from my iPhone using Tapatalk

[ninjacookies]

Will be interesting what kind of measures (if any) they take in legitimizing user bidding.


This is the same company that recently implemented private bidding history.

[kamkaat]

Originally Posted by pejc300

Their website and platform is 100 million times better than Goldin's archaic one (which he keeps promising is going to change). Many, many people have sent cards to the vault. It is stacked with the best cards in the world.

The biggest issue PWCC has (well, one of the biggest) is simply their reputation of having no integrity at all. It started here on the boards and has never stopped. They do not pull trimmed cards. They moved all of their ebay auctions to private. They have pseudo-celebrities in the vault flipping through high end cards and banging them around. Time and time again they simply do not make "ethical" decisions or even try to. Brent seems to have completely disappeared from the scene. Does he post/comment anywhere anymore? I'm not saying the other auctions houses do either (COMC24354564362654 on here has proven time and time again that Heritage and others don't pull them either).

I think PWCC will do great in this arena, and they are smart to limit it right now to just high end as they probably have taken notes from the disaster Goldin has had in selling low to mid cards.

Also, one reason I have never sent them cards to sell is because their fees are too high on ebay. I'm not paying 5k to sell a 50k card on ebay when I would only be charged $350 from my personal account. Having no selling fees for high end and getting 110% or higher of the hammer fee is appealing for sure.

Those are my thoughts.

A company trying to maximize their advantages by any (hidden) means.

[jcmel323]

lets add buy it now or best offer thru the pwcc website with lower seller fees than ebay.
Its buyers decision to buy it from ebay or straight from the website.

Lets also add premier auction lots for those that have a complete set or have the same card 10x

[Bruins1993]

Originally Posted by tjforce

I trust PWCC must much than any other auction house...

If UFFDAH has a twin brother...

Originally Posted by 2010GBPackers

Looks like the purists finally showed up!

Collectors that don't believe in altered cards in slabs with numerical graded subject labels? Acution houses peddling altered material in cahoots with card doctors,....?

Originally Posted by 2010GBPackers

The fact is, customers of PWCC know more about their business practices than any other company they do business with.

That is a total projection. I've heard of fathers with zero experience buying their son a graduation present, etc. with no knowledge of trimming/alterations being a problem in the hobby. Moreover, PSA enabling the fraud by endorsing the altered cards that PWCC is selling.

I think it has been estimated that a small fraction (3%) of the hobby reads message boards.

Originally Posted by 2010GBPackers

No one here is suggesting PWCC is "salt of the Earth",

I am suggesting PWCC is far worse. Total money driven scum. You're only enabling them, but I guess that's because you fit right in.

[hairyangryfella]

Originally Posted by 2010GBPackers

Looks like the purists finally showed up! Let me ask, what brand of shoes are you wearing? Which bank holds your money? Do you know how those rare-earth metals in your cell phone are extracted?

New Balance.
A few, mainly BNZ.
I have no idea what the last part means.

What does any of that have to do with supporting a corrupt, market-altering scumbaggery company like PWCC?
The people who have always and will always keyword spam? Who allow manipulated cards and try to paint a picture about them being "conserved" rather than accept the fact they're altered? Who preach about honesty yet change their auctions to be private so you can't see all the shilling they constantly allow?

Oh yes, pleeeeeaase let me support them and their latest way of grabbing their market share - of a market they've done their utmost to corrupt at every turn.

[Thirsty Whale]

I really like the idea of the payout structure. What these well known auction houses do with their 20% BP is a robbery. Hopefully this will force them to adjust in the future.

[sethc1020]

Originally Posted by pcptrade

We will be doing brand new 360 imaging/videos on the cards and our marketing for the private auction will be huge. We are really excited about it! Here is a link to show you the new 360 imaging.

https://pwccmarketplace.sirv.com/Leb...0Xfractor.spin

Never been a fan of any of the consignors on ebay including PWCC, just too much shadyness going on with all of them between the scandals and the shilling. For selling they may be a better route on highend but I would never buy anything from them because I know that 9/10 times Im going to have to over pay. I do however like the idea of getting away from Ebay and vetting bidders. I think that on their own platform away from the cloak of Ebay maybe, just maybe they protect their business practices and reputation much better. At least I would.

With that said I absolutely love the 360 imaging! Very Very Nice!! Also the payout structure is a Huge Plus.

[notfast]

Don’t love PWCC but don’t love Goldin either.

The straightforwardness of this new PWCC auction WILL be detrimental to other auction houses, especially Goldin.

No negotiating your rates as a consignor, they’re posted. Tons of people use the vault (Ever see Goldin’s unboxing videos?) and it is simple to move a card into their auction.

Customer service is exponentially better at PWCC over Goldin. Not even in the same ballpark. Not to mention what others have said about the website/auction software.

I see PWCC moving to the top spot for the ultra high end modern stuff and Goldin falling behind. Heritage, REA, Lelands and their others still will have their spot and I don’t see the detriment being as drastic as it will be with Goldin.

[pcptrade]

Originally Posted by notfast

Customer service is exponentially better at PWCC over Goldin.

Agree and I like their proposed payout structure as well. I sent few cards to Goldin recently and I do not like the fact that I have no control on which of their auctions my cards will be listed in.

This is from their contract

"Goldin Auction will determine the appropriate auction date to offer the consigned items"

[tconte]

Originally Posted by pcptrade

Agree and I like their proposed payout structure as well. I sent few cards to Goldin recently and I do not like the fact that I have no control on which of their auctions my cards will be listed in.

This is from their contract

"Goldin Auction will determine the appropriate auction date to offer the consigned items"

I am happy to say I no longer would know about PWCC and their customer
service. Wouldn't touch them with a stick. Bailed with them when all the
bad cards came out.