Eddie Plank ☆ Ebay

[Mountaineer1999]

So how often does a Mr. Eddie Plank T206 go on sale on EBay?

[Leon]

Not Very many....that will be a great auction to watch.....

http://www.ebay.com/itm/1909-11-T206...YAAOSwo6lWMm8d


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[MVSNYC]

Isn't there a rule about outing current auctions?

[Mountaineer1999]

Originally Posted by MVSNYC

Isn't there a rule about outing current auctions?

Does that silly rule apply here too?

[swarmee]

This is one of those cards that's grandfathered in. If you're willing to purchase this card, you already know about it. And is eBay hosed for anyone else?

[midmo]

Originally Posted by swarmee

And is eBay hosed for anyone else?

Yep, it's jacked up for me too.

[Peter_Spaeth]

Originally Posted by MVSNYC

Isn't there a rule about outing current auctions?

Seriously?

[1952boyntoncollector]

Originally Posted by Peter_Spaeth

Seriously?

if you see a real T206 Wagner on ebay...not fair to out it....that way I can maybe snag it for a few hundred.....don't draw attention...that way I may be the only one that's willing to bid the few hundred to get it

[Peter_Spaeth]

lol

[bcornell]

PWCC states this is the "#3 Most Important Card in the Hobby"

After, of course

#1 that Uncle Sam guy on the T209
#2 T205 Wilhelm "suff red" (or is it the other one?)

[mechanicalman]

Some awesome items in that auction, for sure. I'm sure I will bid on and lose many auctions. One question: is it me, or is the "Certified High End" designation being used a bit liberally?

[1952boyntoncollector]

Originally Posted by mechanicalman

Some awesome items in that auction, for sure. I'm sure I will bid on and lose many auctions. One question: is it me, or is the "Certified High End" designation being used a bit liberally?

heck yeah..and I wonder why they do certified high end on grades with a half grade.....there usually POP 3 or less in half grades....so high end for the grade..means best out of 3 cards? haha

[Steve D]

Well, I've already been left in the dust (I was the fifth bidder on it)

The only other ebay Plank I can remember was in 2003/04 timeframe. I think the seller was someone like "Big Ed's" or something in Pennsylvania. It was either a PSA 1 or 2 that went for $16,300, with my bid at $16,200

T206resource.com has either 4 or 5 Planks listed as selling on ebay over the years.

Steve

[Peter_Spaeth]

45K after just five hours. Wow.

[MVSNYC]

Originally Posted by Peter_Spaeth

Seriously?

No one has a sense of humor around here anymore?

[Peter_Spaeth]

Originally Posted by MVSNYC

No one has a sense of humor around here anymore?

Good deadpan, missed it.

[Leon]

Originally Posted by MVSNYC

Isn't there a rule about outing current auctions?

Never has been and doubt there ever will be. Sometimes it's frowned upon and I wish members wouldn't but there is no rule.. I doubt it makes any difference with a plank...

[Peter_Spaeth]

Mantle is at 300K after about five minutes. Same two bidders bidding it up as the Plank, interestingly.

http://www.ebay.com/itm/1952-Topps-M...EAAOSw5VFWMpF8

[Steve D]

Heck, anyone see the '52 Topps Mantle PSA 8?

Yea, it's been advertised ahead-of-time, but still.....

less than 1/2 hour in, and it's over $300K!!!!!

Steve

[MVSNYC]

3 years ago, a PSA 8 52 MM was around $80k, wow.

Wagner, similar huge increase...but...

The Plank however, has been flat for 20 years, no huge spike.

[1952boyntoncollector]

Originally Posted by Steve D

Heck, anyone see the '52 Topps Mantle PSA 8?

Yea, it's been advertised ahead-of-time, but still.....

less than 1/2 hour in, and it's over $300K!!!!!

Steve

Auctions go two ways usually...80% of the sale price bid beginning of auction..or 80% bid toward end of auction.. (maybe not that exact percentage but you see what I am getting at)

never understood why sellers get excited about early action that's still below market price...if its above market price early on...that's a whole different scenario...but if the bidding is still under market...makes no difference to me if early action or late action..

[BeanTown]

Originally Posted by Peter_Spaeth

45K after just five hours. Wow.

Not true as Im the high bidder with just one bid

[4815162342]

Originally Posted by peter_spaeth

mantle is at 300k after about five minutes. same two bidders bidding it up as the plank, interestingly.



http://www.ebay.com/itm/1952-topps-m...eaaosw5vfwmpf8

ImageUploadedByTapatalk1446206970.422760.jpg

[ls7plus]

Originally Posted by Peter_Spaeth

Mantle is at 300K after about five minutes. Same two bidders bidding it up as the Plank, interestingly.

http://www.ebay.com/itm/1952-Topps-M...EAAOSw5VFWMpF8

PWCC is getting a tremendous number of quality consignments, and a lot of "the big boys" are becoming well aware of it. The Mantle is in line with recent sales from what I would have thought were better known auction houses.

Best,

Larry

[HOF Auto Rookies]

eBay is the real winner


Sent from my iPhone using Tapatalk

[pokerplyr80]

$425k now after just over a day. That's more than I thought it would close at.

[1952boyntoncollector]

Originally Posted by pokerplyr80

$425k now after just over a day. That's more than I thought it would close at.

already getting to price ranges higher than most auction houses..if they pay by credit card they can get up to 2% cashback so that's like 8k+ right now and don't forget $100 in ebay bucks!

[JustinD]

I have no idea who consigned this collection to PWCC, but Christ is there some key cards of the collecting world in there.

I have a hard time thinking they have had a more impressive group up at one time before.

[1952boyntoncollector]

Originally Posted by JustinD

I have no idea who consigned this collection to PWCC, but Christ is there some key cards of the collecting world in there.

I have a hard time thinking they have had a more impressive group up at one time before.

unfortunately for me the early 1950s topps isn't very good compared to almost any month.......

[asphaltman]

Originally Posted by JustinD

I have no idea who consigned this collection to PWCC, but Christ is there some key cards of the collecting world in there.

I have a hard time thinking they have had a more impressive group up at one time before.

Whoever's collection this is sure is seemingly paying a butt load in fees. Not only are the ebay fees passed along, but whatever fees they are paying PWCC as well. That's insane. PWCC is having to do no marketing, no auctoin hosting, anything. They just slap it up on eBay like the consigner could have done himself.

[Jewish-collector]

The Mantle was sold in 2005.

http://legendaryauctions.com/LotDeta...entoryid=49555

[1952boyntoncollector]

Originally Posted by Jewish-collector

The Mantle was sold in 2005.

http://legendaryauctions.com/LotDeta...entoryid=49555

I was outbid at like 1 in the morning...don't remind me

[mechanicalman]

Originally Posted by asphaltman

Whoever's collection this is sure is seemingly paying a butt load in fees. Not only are the ebay fees passed along, but whatever fees they are paying PWCC as well. That's insane. PWCC is having to do no marketing, no auctoin hosting, anything. They just slap it up on eBay like the consigner could have done himself.

I believe the eBay and PayPal fees are covered in the PWCC fees, so they are not purely incremental. If the consignor sold them himself directly on eBay, the total selling fees would probably be in the same range. And while they don't send catalogs (which are probably unnecessary and wasteful in the digital world), they do seem to invest in online marketing like emails, banners, etc., perhdps much as any AH.

I have no vested interest to defend PWCC; just trying to help clarify my understanding of the facts.

[egbeachley]

Originally Posted by asphaltman

Whoever's collection this is sure is seemingly paying a butt load in fees. Not only are the ebay fees passed along, but whatever fees they are paying PWCC as well. That's insane. PWCC is having to do no marketing, no auctoin hosting, anything. They just slap it up on eBay like the consigner could have done himself.

They pay PWCC a flat rate of 8%, assuming no discount. That includes eBay fees and shipping. Buyer has no fees so they can bid about 20% higher. This is WAY better than an AH.

[wolf441]

Originally Posted by asphaltman

Whoever's collection this is sure is seemingly paying a butt load in fees. Not only are the ebay fees passed along, but whatever fees they are paying PWCC as well. That's insane. PWCC is having to do no marketing, no auctoin hosting, anything. They just slap it up on eBay like the consigner could have done himself.

I wonder if ebay made any sort of agreement to waive fees, or take reduced fees for these auctions? With ebay losing business to auction houses in recent years, seems like a good strategy to be able to show strong results on high end cards. That would be serious incentive to make concessions on the fees in order to get the exposure of high end auctions with positive results.

[asphaltman]

Originally Posted by egbeachley

They pay PWCC a flat rate of 8%, assuming no discount. That includes eBay fees and shipping. Buyer has no fees so they can bid about 20% higher. This is WAY better than an AH.

Well then how is PWCC making any money? Isn't ebay fees between selling and then paypal fees above 8%? PWCC is doing this for free?

[wolf441]

Originally Posted by asphaltman

Well then how is PWCC making any money? Isn't ebay fees between selling and then paypal fees above 8%? PWCC is doing this for free?

My bet is that ebay is doing this for free. Think of the positive publicity they get with high end auction results better than/comparable to AHs, but without the buyer's premium.

[1952boyntoncollector]

Originally Posted by asphaltman

Well then how is PWCC making any money? Isn't ebay fees between selling and then paypal fees above 8%? PWCC is doing this for free?

no they are less for a power seller. 5% or possibly capped as well I am not sure......that's why it makes sense to consign to pwcc..you are getting charged less fees overall with him on the higher dollar cards then you would if listing them on your own....so you net more if sell at the same price

[jburl]

Originally Posted by asphaltman

Well then how is PWCC making any money? Isn't ebay fees between selling and then paypal fees above 8%? PWCC is doing this for free?

Ebay fees cap at $200 for top rated sellers, so pwcc will be fine on the sale

[4815162342]

Originally Posted by asphaltman

Whoever's collection this is sure is seemingly paying a butt load in fees. Not only are the ebay fees passed along, but whatever fees they are paying PWCC as well. That's insane. PWCC is having to do no marketing, no auctoin hosting, anything. They just slap it up on eBay like the consigner could have done himself.

It's actually the opposite of everything you said.

[pokerplyr80]

Originally Posted by asphaltman

Whoever's collection this is sure is seemingly paying a butt load in fees. Not only are the ebay fees passed along, but whatever fees they are paying PWCC as well. That's insane. PWCC is having to do no marketing, no auctoin hosting, anything. They just slap it up on eBay like the consigner could have done himself.

I agree with others who have said this entire statement is completely incorrect. With PWCC you pay no ebay or paypal fees, it's all included in his fee. I would also assume that he offered a discount from his 8% rate to get this card. He does market his auctions. The consigner could have put it up himself but who is going to bid $400k plus on an ebay listing from a seller with say a feedback score around 100? Or even 1000? I'm sure the consignor will net much more this way. Without paying a 15-20% AH buyer's premium.

[Stonepony]

AHs might want to start looking over their shoulders at PWCC. The lower fees are a big big deal to both consignor and buyer

[PolarBear]

You could buy a 1795 gold eagle, just a few hundred total known, in mint state condition, and still have enough left over for a small house, for the price that PSA 8 Mantle is going for.

[1952boyntoncollector]

Originally Posted by PolarBear

You could buy a 1795 gold eagle, just a few hundred total known, in mint state condition, and still have enough left over for a small house, for the price that PSA 8 Mantle is going for.

right but the mantle could be a million dollar card in 8 years...it did go from 60k to 400k in 10 years afterall...how that gold eagle doing during that time..

[Peter_Spaeth]

At 425,000, the bidding increment is still 100 dollars.

[PolarBear]

Originally Posted by 1952boyntoncollector

right but the mantle could be a million dollar card in 8 years...it did go from 60k to 400k in 10 years afterall...how that gold eagle doing during that time..

That wasn't really my point though. A 1795 Eagle is America's first gold coin, historically significant, 200+ years old, made of gold, and much rarer than a 52 Mantle. A 52 Mantle is ultimately just a picture of some guy on a piece of cardboard.

[1952boyntoncollector]

Originally Posted by PolarBear

That wasn't really my point though. A 1795 Eagle is America's first gold coin, historically significant, 200+ years old, made of gold, and much rarer than a 52 Mantle. A 52 Mantle is ultimately just a picture of some guy on a piece of cardboard.

right and I had thread about gold being better than cards as well..more useful etc......you were talking having money left over to buy a house....there may be a lot more money left over to buy a much bigger house if buy the mantle and sell it 10 years from now etc..

[1952boyntoncollector]

Originally Posted by Peter_Spaeth

At 425,000, the bidding increment is still 100 dollars.

and still only 100 ebay bucks...but don't need 5x bucks to get 100 at least..

[Peter_Spaeth]

Originally Posted by 1952boyntoncollector

right but the mantle could be a million dollar card in 8 years...it did go from 60k to 400k in 10 years afterall...how that gold eagle doing during that time..

It takes only a couple of guys with big egos and wallets to drive up the Mantles. IMO very hard to tell if it will hold the new price levels, much less continue to rise.

[TanksAndSpartans]

Are there any special bidding rules? Do you have to be pre-approved or anything? I think that Superman comic had some rules like that. With 7 days left, I'm tempted to just throw out a bid, but I think I'll refrain