pwcc weekly auction fees

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Actual shipping costs will be reflected in the invoice sent to the buyer. Hammer price plus 10% is EASY to get at most if not all auction houses that charge a 20% BP (most do). @craig44 said: especially on the lower end of the spectrum. Thank you for clarifying w/numbers. 8% commission selling fees by PWCC (for cards selling for at least $5k) beats major auction houses who charge typically 20%. on the final closing value of the item. May I reference a particular card that 10% was allotted to you on? imposed by the destination country on the buyer. That is correct. I never quite understood how the buyers premium broke down between consignor and auction house since I have never sold any cards thru a major auction house. May have already been mentioned, but doesn't ebay own paypal? Just a FYI. Simply ship the items to us and your job is done. but ebay, who came just short of murder-for-hire, is ok to patron? Consign Any Time to our Weekly Auctions! here is the same crop of my normal 600 dpi scans of the Nestle version. I have sold several sub-100k cards via Goldin, PWCC, and REA and I've always gotten 10%.

All the major auction houses such as REA, Heritage, Mile High and Memory Lane do not accept PayPalso PWCC is not an exception. im confused. however you in turn would get $10,800. i think so. Shipping rates for group lots, sets, and oversized cards are The consignor would receive $10k and the auction house $2k. Cookie Policy. Granted, these were modern era cards so I am not sure what the issue is. back to the question on the floor. Is that really your position? Please contact PWCC with any questions in advance of the item closing. Thousands of auction lots comprise every event, spanning every sport and genre and ranging in value from $10 to $25,000+. That should be an incentive for sellersat least it is for me. https://forums.collectors.com/discussion/987963/1951-wheaties-premium-photos-set-registry#latest. Am I right or wrong? i think so. Our flagship marketplace and the largest trading card event in the world, presenting a venue as diverse and exciting as the market itself. I'm sure there's no chance they would shill on their on platform with zero regulation and full PWCC control. I have both bought and sold thru PWCC and have never had a problem. usually to garner the 8%, the total consignment usually has to exceed $50k. and a $30 wire fee on a $300 purchase would suck. Unlimited FREE Vault with promo code VAULT. I've put in quite a few bids already, so we'll see what happens. if im trying to draw folks away from ebay to my site, you best be sure that in its infancy, id make sure it was easy as possible for them. to me, when one chooses to do business with unethical people you are helping to feed the monster. The Weekly Sunday Auctions start every Thursday and run for 10 days, closing the following Sunday. But noted. Hopefully you'll get at least 10%. Consignment Inquires, consignment rates and further instructions, please visit our consignment page here. The chart below describes the shipping cost for single or multiple cards purchased from the same auction being So your philosophy is that dealing with PWCC in any way equates to a lack of integrity? I have sold several sub-100k cards via Goldin, PWCC, and REA and I've always gotten 10%. That has been my understanding . @mintonlypls said: they are an unethical company as has been discussed to death. sure. why anyone would deal with such a corrupt outfit is beyond me. i understand what and why you feel this way, craig. Collectors.com | Perhaps provide a direct reference or instance? @mrmopar said: Is that really your position? I'm guessing you just pay shipping and applicable sales tax depending on state of domicile. Yes, that was my point. (i think). We do the work to list the items in our upcoming weekly/premiere auctions, manage the auction process, and issue payment to you. those you mentioned by comparison have been stand alone auction houses since inception. I have sent a question on Friday night regarding a possible buyers premium. The consignor would receive $10k and the auction house $2k. got 8% of the buyers premium thru heritage last couple of times. If a card sells for $100,000 the buyer pays $120,000 and the AH makes $10,000, plus the premia on all the other lots that are attracted by the $100,000 card. If a card sells for $10kthen the hammer price at a major auction house is $12k. Now that they are running their own auction.. much easier to shill bids now.. That should be an incentive for sellersat least it is for me. My 1972 Baseball and Wacky Pack Registry Sets, https://www.getolympus.com/us/en/digitalcameras/omd/e-m1-mark-ii.html?gclid=Cj0KCQjwnoqLBhD4ARIsAL5JedLUVdaZB0WDQklQfB_dL18lqAUZ3jDK0UM6G8yybzwE2tLyYWSQKiwaAoTzEALw_wcB. Just went through the terms, I am not advising anyone but I suspect this will appeal to a lot of people who were selling through them through eBay to continue on the new platform as opposed to listing themselves. So your philosophy is that dealing with PWCC in any way equates to a lack of integrity? Hammer price plus 10% is EASY to get at most if not all auction houses that charge a 20% BP (most do). That was even more theatrical than I was expecting! Duly noted. not reflected in this matrix. @voxels123 said: back to the OP here. OLYMPUS E-M1MarkIIhttps://www.getolympus.com/us/en/digitalcameras/omd/e-m1-mark-ii.html?gclid=Cj0KCQjwnoqLBhD4ARIsAL5JedLUVdaZB0WDQklQfB_dL18lqAUZ3jDK0UM6G8yybzwE2tLyYWSQKiwaAoTzEALw_wcB, Guides Authored - Graded Card Scanning Guide PDF | History of the PSA Label PDF. A quick glance suggests PWCC does not accept PayPal as a form of payment for their monthly auctions, is that right? especially considering most of the bids were equal or surpassed recent ebay comps.

are they charging a buyers premium? Any reporting of earnings from sales in our auctions would have to be reported by you based on your tax situation. Since they don't accept CCs, there are no processing fees to pay so a 10% commission is very good. would i be worried if i had stuff on consignment for the first 6 months or so? Designed for both savvy investor and passionate collectors alike; anyone looking to add a jaw-dropping card to their collection should check it out. Quick Links: Have not tried Rea. May have already been mentioned, but doesn't ebay own paypal? The Monthly Premier Auction offers the most sought-after trading cards and other tangible assets in the industry. Please contact PWCC with any questions regarding shipping of these items prior to I assume they use a much nicer scanner, slightly higher than my 600 dpi, with a sharper imaging element. much better than coughing up 8%. Yes, that was my point. if they were still charging the 8% sellers commission and then charging the typical 20% buyers premium too? that was kinda my confusion above. @mintonlypls said: By using our website you agree to our If only. PSA |

i imagine a lot of folks may have issues storing or giving pwcc their credit card or bank info. I have never sold thru a major auction houseonly private sales or PWCC. yes, the buyer would pay $12k. I was looking at several cards I "need" and I noticed that the scan quality was really amazing. It looks like you're new here. I agree. However, any prestigious card should be probably be shopped around whereby a sharp collector with a great card should be eating into the 20 percent vigorish. That was probably just an eBay strategy. I'm guessing you just pay shipping and applicable sales tax depending on state of domicile. Looked and bid! I have a 6 figure card, have shopped Goldin, Heritage and a few others & 8% seems to be the top I can get. under the heritage scenario as discussed, if the auction ended at $10k. not defending pwcc here). i would think so. If I were dropping ebay and didn't want them to get any of my money, I think not taking paypal is reasonable. shipping to locations outside the United States. um, yes. bidding. can they survive without it? i just think youre missing the bigger picture in applying your admirable stance is all. Thats it. We also offer cash advances. PSE | They confirmed that they will not be accepting Paypal. You are right that the 20% is a buyers premium at major auction housesbut I think (could be wrong and would not be the first time that the seller only receives in general the selling price before the 20% premium). Oh, that's interesting. because the 20% is a buyers premium. heritage would get $1200.

of course, they are prolly trying to thwart returns as much as possible too, so. Especially a one off type consignor. if so, i see eminent failure. See pic. Maybe just lucky? Oh, that's interesting. We recommend that you reach out to a tax specialist for more information to see if you will be affected.". BP of ~20%. All the major auction houses such as REA, Heritage, Mile High and Memory Lane do not accept PayPalso PWCC is not an exception. will it thwart many from bidding on their new platform? On good cards, most of the big auction houses are offering 10% plus hammer price. Collector since 1978. so yes, it would equate to a lack of integrity when one puts stuff over ethics.

I have never sold thru a major auction houseonly private sales or PWCC. Does probstein and 4sharp issue 1099's? Granted, these were modern era cards so I am not sure what the issue is. Seems impossible to have a 10% buyers premium with PWCC unless it was extremely recently. Thanks in advance. 8% selling commission? not only were they reliant but it also has the extremely easy element and those safety features a lot of folks are accustomed to. A buyer does not pay any premium in PWCC auctionsbut the seller receives 8% less than the final price for cards selling for over $5000. We use cookies to ensure users get the best experience. That does put a serious damper on things, as I use Paypal Credit for purchases over $100; as long as I pay within the specified time period (6-24 months depending on the total), they do not charge any interest. Patently absurd logic. I am waiting for an answer tomorrow (Monday). Click here for details. That has been my understanding . . I see PWCC charges a 20% buyers paid premium in their PREMIER AUCTIONS.. DO they charge any premium in their ho-hum monthly auction? I have both bought and sold thru PWCC and have never had a problem. why anyone would deal with such a corrupt outfit is beyond me. @PaulMaul said: stuff over integrity is what it amounts to. Shipping cost based on closing price, shipping location, and other factors. Ok, Got it! This marketplace is comprised exclusively of museum-caliber investment pieces. Maybe just lucky? But you are saying Goldin has? Auction Report is the premier web site for news coverage and more on the best auction companies. pwcc and its following have all been reliant on paypal for the most part. I always sell my own stuff so I am unsure the process here, We do not report any sales to tax agencies. @voxels123 said: If a card sells for $10kthen the hammer price at a major auction house is $12k. Collectors Corner | 8% commission selling fees by PWCC (for cards selling for at least $5k) beats major auction houses who charge typically 20%. negotiating for 10% on a couple right now. Curious about the rare, mysterious and beautiful 1951 Wheaties Premium Photos?

Not us! I know they did at one point. Based on the fervor on here, I am reticent to ask. Coinflation. kinda like the policeman who pulls over the speeder while letting the bank robbing, second degree murderer go by. and will that have an effect on final hammer prices? Consign or Sell Your Items with One Click, Visit The Companies Featured on Auction Report at The National July 27 31, 2022, JG Auctions Historical & Culture Auction Opens July 25, 2022, Visit Goldin at The National + Consign, Bid, Preview & More, Sirius Sports Auctions: July 18 - July 28, Huggins & Scott Auctions: July 22 - Aug. 4, PSA Parent Company is Latest to Offer Vault Platform for Cards, Ted Williams Jersey, Historic Giants Archive Among Top Sellers at All-Star Auction, Notes: Ukraine Gymnast Selling Olympic Medal to Aid War Effort.

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