AH Blues

[x2drich2000]

This is a good question and the answer lies in the difference in the fees charged by PWCC and whatever the AH you choose. Taking a look at your example, a PSA 5 green Cobb is probably somewhere in the $15-20k range now (i could be off on that, but simplicity lets just use $15k for an example).

PWCC charges 8% commission for any card over $5k. So if the card sells for $15k, the seller will net $13,800 and PWCC gets $1200.

Most premier AH's charge around 20% buyers premiums (yes I know there are AH with lower BP and for a card of this price you could probably negotiate some percent of the buyers premium but just trying to keep it simple). In order for the consignor to net the same amount as he would with PWCC, the hammer price before the BP would need to be $13,800. Add the 20% buyers premium and the customer would have to pay $16,560. So that would mean the card would need to sell for $1500 more in the auction house for the consignor to net the same amount. As a consignor you need to ask yourself which is more likely to happen and make your choice which way to go from there.

[ruth_rookie]

Originally Posted by x2drich2000

PWCC charges 8% commission for any card over $5k.

This thread has me laughing my butt off. On a serious note, if PWCC is only charging 8%, how are they making money? Doesn’t eBay charge them about 10% after their sale? What am I missing here?

[mechanicalman]

Originally Posted by ruth_rookie

This thread has me laughing my butt off. On a serious note, if PWCC is only charging 8%, how are they making money? Doesn’t eBay charge them about 10% after their sale? What am I missing here?

I'm sure because they sell in large quantities, they've negotiated a deal with eBay to pay a much smaller fee.

[ruth_rookie]

Originally Posted by mechanicalman

I'm sure because they sell in large quantities, they've negotiated a deal with eBay to pay a much smaller fee.

Once again, the small guy gets screwed. Oh well, life goes on.

[Leon]

Originally Posted by ruth_rookie

Once again, the small guy gets screwed. Oh well, life goes on.

The small guy is fine and makes money on ebay. The big guy gets some benefits. No doubt PWCC gets a great ebay rate and they should. It's called business.

[Orioles1954]

Originally Posted by Leon

The small guy is fine and makes money on ebay. The big guy gets some benefits. No doubt PWCC gets a great ebay rate and they should. It's called business.

It's obvious you're full of seething rage Leon. Try to calm down a bit, OK?