Quote:
Originally Posted by CrackaJackKid
So all the bidders who have 90%+ bidding activity with PWCC and have 30-50+ bid retractions in the last 6 months are all consignors?
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It’s tough to argue against conspiracy theories, but yes, it’s far more plausible that it’s a consignor doing that, not someone at PWCC. Just consider the math. If there’s a card selling for $50k, and a consignor successfully shills it to $55k, then the consignor’s incremental take is 90% of the $5k, or, $4500. PWCC might net 5% of that amount after their fees, or an incremental $250. The upside of PWCC perpetrating the shilling just isn’t there, unlike Mastro, whose take was probably 20-30% of the final value.
11-13-2017, 10:30 PM
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