New auction platform - SNYPE - ( Probstein )

[no10pin]

Originally Posted by Bosoxfan5990

I wonder if he actually realizes he has to do this. It wouldn't surprise me if he didn't.

It would surprise me if he did know that based on how he's handled everything else.

[fabiani12333]

Originally Posted by KhalDrogo

I assume Ricky hasn’t said anything because he’s lawyered up exactly for this reason. Word on the street is he’ll have to sell his 86F MJ collection to fund the legal team.

Imagine if he actually did? He owns a lot of them and presumably is always looking to buy more. A sell-off from him could single-handedly bring prices sharply down.

[fabiani12333]

Originally Posted by no10pin

It would surprise me if he did know that based on how he's handled everything else.

Isn't his company known for having low-tech and outdated processes? It seems like he does as little as possible to make money -- it would explain the poor job of building out his new auction platform. Going cheap on data security was a very foolish thing to do.

[JoshMN]

Originally Posted by fabiani12333

Imagine if he actually did? He owns a lot of them and presumably is always looking to buy more. A sell-off from him could single-handedly bring prices sharply down.

It's going to be like the FTX fiasco in the crypto market. Hunny Bunny will crash the 86F Jordan market and the dominos will start to fall everywhere else in the hobby (except for Pokemon). Puddle Monkey was right!

[auburn35]

Originally Posted by KhalDrogo

I assume Ricky hasn’t said anything because he’s lawyered up exactly for this reason. Word on the street is he’ll have to sell his 86F MJ collection to fund the legal team.

Not sure if he's still the owner, but I noticed one of his 10's was recently posted by the former pwcc group (acquir).

https://www.psacard.com/cert/22978516/psa

Here's a video of Rick previously discussing the card.
https://www.instagram.com/reel/CwGID...JnaDVrbzZ4cA==

[corockies]

Originally Posted by NYRE2PECT

Dumbshyt.


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Bad Ass Dumbshyt?

Great post NYRE2PECT /bow.

[TheHeel]

Originally Posted by towerymt

Excellent. First thing came to mind when I heard Hunny Bunny.

[mattglet]

Originally Posted by TheHeel

Excellent. First thing came to mind when I heard Hunny Bunny.

Nobody ever robs restaurants!

[auburn35]

Adding to the previous discussion about Rick possibly moving some of his Jordan collection, these two IG posts match up several additional high-end items that were consigned to the PWCC spinoff (acquir).


https://www.instagram.com/p/DRVJcrPk...g5b2JzZHVucQ==

Rick showing off many of these exact items at a previous national.
https://www.instagram.com/reel/C9zh6...Z2OWg5MDQ1eQ==

Pretty crazy, if Rick is the consignor.

[BrothBerger22]

The probstein shilling is exactly what everyone is doing lately. Piggybanx the 1/1 art card maker is doing the exact same thing. PiggyBanx / Brad Perlman got caught bidding up every single piggybanx auction on ebay. Sellers banded together to identify bidding patterns, and then when he accidentally won a few, and they were sent to "authentication" his name "Brad Perlman" (ceo of piggy banx) was showing up on the labels. Obviously word spread, and it's just such a prevalent scammy issue in the hobby. This totally brings into question any comps set recently.

[49ersSF]

Originally Posted by BrothBerger22

The probstein shilling is exactly what everyone is doing lately. Piggybanx the 1/1 art card maker is doing the exact same thing. PiggyBanx / Brad Perlman got caught bidding up every single piggybanx auction on ebay. Sellers banded together to identify bidding patterns, and then when he accidentally won a few, and they were sent to "authentication" his name "Brad Perlman" (ceo of piggy banx) was showing up on the labels. Obviously word spread, and it's just such a prevalent scammy issue in the hobby. This totally brings into question any comps set recently.

We might point the finger at scumbags like Shillstein, PWCC, Piggybanx, etc but the real problem is that these guys only thrive based on the idiocy of the buying public.

1986 Fleer Basketball unopened packs are the clearest representation of this. Year after year, people spend $600+ on these packs, thinking it's a bargain, only to find out long after the return window is closed that these are fake packs. Years ago, I tracked a few sellers of these packs, and they were clearing 300k+ a year selling these. Even in the rare chance that eBay closed its accounts, they would simply open a new one, and people would be right back.

As long as there are dumb people with money to spend in the hobby, there will be people like Shillstein.

[Asian62150]

Originally Posted by 49ersSF

We might point the finger at scumbags like Shillstein, PWCC, Piggybanx, etc but the real problem is that these guys only thrive based on the idiocy of the buying public.

1986 Fleer Basketball unopened packs are the clearest representation of this. Year after year, people spend $600+ on these packs, thinking it's a bargain, only to find out long after the return window is closed that these are fake packs. Years ago, I tracked a few sellers of these packs, and they were clearing 300k+ a year selling these. Even in the rare chance that eBay closed its accounts, they would simply open a new one, and people would be right back.

As long as there are dumb people with money to spend in the hobby, there will be people like Shillstein.

Unless there are some kind of guardrails/regulation in place, shilling will always be a thing.

The only people that care about getting rid of shilling are the individual consumers/collectors. And sometimes even they turn a blind eye to it because they just really want that one card for their collection. I know I've done that before. I'm willing to overpay and deal with getting shilled because I just wanted a card and the final price was still within my budget. I wish I didn't pay the extra $ but I just had to eat it if I wanted the card.

None of the big players or corporate entities care about shilling. In fact, most of them embrace it as it just enhances their bottom line.

To a degree, it's the same as these grading companies. There's lack of transparency and often shady behavior going on behind the scenes (sometimes even right in front of us!). But there's no regulation, no accountability.

All that matters to these people, for better or worse, is the Almighty Dollar.

[BrothBerger22]

Agree on all points. Except when it comes to Piggybanx... It's so weird to me though, how some of these guys preach "its all about collecting" and "collect what you love"....

so long as it's their product and you pay whatever they want you to pay for it...

For instance, Piggybanx talks about collectors first, and "not for resale" but if that was the case, why is he out here shilling up his auctions to make his prices look so enticing. He doesn't care about collectors, he only cares about perceived value and making more sales.

It's just a huge scam...

Originally Posted by Asian62150

Unless there are some kind of guardrails/regulation in place, shilling will always be a thing.

The only people that care about getting rid of shilling are the individual consumers/collectors. And sometimes even they turn a blind eye to it because they just really want that one card for their collection. I know I've done that before. I'm willing to overpay and deal with getting shilled because I just wanted a card and the final price was still within my budget. I wish I didn't pay the extra $ but I just had to eat it if I wanted the card.

None of the big players or corporate entities care about shilling. In fact, most of them embrace it as it just enhances their bottom line.

To a degree, it's the same as these grading companies. There's lack of transparency and often shady behavior going on behind the scenes (sometimes even right in front of us!). But there's no regulation, no accountability.

All that matters to these people, for better or worse, is the Almighty Dollar.

[salsdali]

it's insane to me how many people didn't know this was going on. The very first card PSA graded was altered and they graded it authentic. From that day forward I knew the whole grading industry was a scam. I then started on eBay in 2000 and I could see right away that shilling was a huge problem.

How the hell did so many people who are into the hobby not know any of this was going on? Boggles my mind.

[fabiani12333]

Originally Posted by salsdali

it's insane to me how many people didn't know this was going on. The very first card PSA graded was altered and they graded it authentic. From that day forward I knew the whole grading industry was a scam. I then started on eBay in 2000 and I could see right away that shilling was a huge problem.

How the hell did so many people who are into the hobby not know any of this was going on? Boggles my mind.

I think it's because the trading card hobby naturally fools people into thinking it's a safe, wholesome, kid-friendly hobby. And people also don't take the time to properly research something before diving into it -- they just let their emotions and natural impulses guide their behavior, whether it's nostalgia-based or greed-based. It's only when they get scammed or adversely impacted in someway do they realize the pitfalls and are forced to adjust their behavior.

[hottoys2012]

multiple people on reddit are saying, apparently he is currently working on a deal with eBay

[NYRE2PECT]

How does something like this not draw attention of law enforcement?

How do these folks get to continue to take advantage of the consumer?

[fabiani12333]

Originally Posted by NYRE2PECT

How does something like this not draw attention of law enforcement?

How do these folks get to continue to take advantage of the consumer?

A lot of the time law enforcement won't do anything unless there is a whistleblower or highly-publicized media expose -- basically, an insider or a reporter has to provide them the info on a silver platter and force their hand.

A lot of the media in the trading card space is compromised. No one with a financial interest in this space wants to pierce the veil of the hobby and risk permanently damaging it and their financial interests. They also don't want to get threatened with a lawsuit like we've seen happened with a few content creators in recent years.

[KhalDrogo]

Originally Posted by NYRE2PECT

How does something like this not draw attention of law enforcement?

How do these folks get to continue to take advantage of the consumer?

Juice ain’t worth the squeeze.

[fabiani12333]

Originally Posted by KhalDrogo

Juice ain’t worth the squeeze.

Tell that to Bill Mastro -- I'm sure he thought he was safe.

But I'm guessing he screwed the wrong person -- someone well-connected.

[fabiani12333]

If the feds could take down a prominent company or individual in the trading card space, it would generate a good amount of publicity. The "hobby" has had a renaissance in recent years, with a lot of headlines from record-breaking sales and big money being made.

But I'm guessing some of the well-connected types are in this space -- they might even be buying off politicians: https://www.inquirer.com/news/pennsy...-20250518.html

[rttrffg2012]

Originally Posted by 3124508 on COMC

Rick must have gotten the high schoolers he uses to list cards to code his slyck new syte.

More than likely he used coders from India on freelancer.
They recycle their codes, skip lines, and leave backdoors for other coders.

In this case, they left no security.

[LVDan]

Burge? Was the ghost of Don West not available?
This may be worse than Coventry

[Allen Ginter 99]

Originally Posted by fabiani12333

A lot of the time law enforcement won't do anything unless there is a whistleblower or highly-publicized media expose -- basically, an insider or a reporter has to provide them the info on a silver platter and force their hand.

A lot of the media in the trading card space is compromised. No one with a financial interest in this space wants to pierce the veil of the hobby and risk permanently damaging it and their financial interests. They also don't want to get threatened with a lawsuit like we've seen happened with a few content creators in recent years.

100 % spot on

Rubin’s pockets are deep and he has the ability to destroy people if needed … the Epstein of sports cards = Rubin


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[mfw13]

Originally Posted by 49ersSF

As long as there are dumb people with money to spend in the hobby, there will be people like Shillstein.

And unfortunately these days, there are a lot of dumb people around with a lot of money to spend (although a little less now that the price of Bitcoin is down 33%).