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#11
08-26-2021, 10:02 PM
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No need to speculate about PWCC's response.
https://www.pwccmarketplace.com/faq#pwcc-ebay-update Reproduced in part. PWCC Marketplace/eBay Update PWCC Marketplace/eBay Update PWCC no longer uses eBay to sell items. PWCC will continue to host its Premier Auction on the PWCC platform. The August Premier Auction will close on August 21 as scheduled. The September Premier Auction will start as scheduled on September 1. The September Premier Auction will start as scheduled on September 1. To read our official statement, please click here. How can you assure me that shill bidding is not taking place in the current and future Premier Auctions? As part of our Marketplace Tenets, PWCC and our staff and affiliates have no visibility into any bidders' maximum bid. This information is stored in a third-party service and no one from PWCC or any affiliates of the sellers can view it, by specific design. All bidders must be approved to participate in the Premier Auction. To apply, submit a brief application. Our team will review your application, contact you within 24 hours we need additional information, and notify you of your approval. This process can take several days, so please submit your application early. What happens when somebody is caught placing a bid they do not intend to honor, known as shill bidding? Our Marketplace Trust team is extremely proactive in monitoring bidding. We have placed permanent blocks on any bidder who does not pay. Refer to the Marketplace Tenets for more details on our monitoring procedures. What will happen to my cards once the are pulled from eBay? WilI I get a notification that they have indeed been removed? All Fixed Price and Flash Auction listings that did not sell and were removed from eBay will automatically be placed back into your Vault. All unsold items in our August Monthly Auction and submissions received for future auctions will be slated for sale in our new Monthly Auction, hosted on the PWCC website, which will launch in October. The new Fixed Price Marketplace will launch on the PWCC website on September 1, 2021, and the new Flash Auction Marketplace will be available soon. What is PWCC's stance on shill bidding, and did PWCC participate in shill bidding on eBay's platform? Shill bidding is a bid placed without the intention to honor it--regardless of who placed the bid. As outlined in our Marketplace Tenets, PWCC has clear rules that no one may place a bid unless that bid is intended to win the item--not consignors, friends of consignors, people who own other versions of the card, etc. PWCC has never engaged in nor condoned the practice of shill bidding or manipulating the card market. PWCC is proud of our work to ensure a trusted marketplace and unequivocally denies eBay's claims regarding shill bidding. PWCC prides itself on creating a culture of integrity and trust. We understand its importance to our company, the industry, and collectors. For more than 20 years, PWCC has built its reputation with buyers and sellers—always putting the company’s values first. There are no circumstances under which PWCC would approve violating auction site policies. Can I trust PWCC as a business moving forward? Yes. We care deeply about this industry and we would never do anything to jeopardize its integrity. Many of our team members are lifelong collectors, too. We know trust is built over time and through a consistent experience. We hope that we have earned that trust from you and that we will continue to do so with our new platform. We are deeply committed to ensuring the bidding environment you deserve. How will the split between PWCC and eBay affect the industry? PWCC cannot predict short-term volatility that may arise from the PWCC and eBay separation; however, PWCC remains bullish on the future of the industry and looks forward to continuing its role as a leading marketplace for hobbyists and investors. To that end, PWCC had been building out its capacity to serve as a one-stop hub for customers. Hopefully, new initiatives like the PWCC Vault show our commitment to supporting the industry’s growth, integrity, safety, and success. Will PWCC’s separation from eBay impact the safety of my items? No. PWCC consists of three separate legal entities: the PWCC Marketplace, Capital, and Vault. There are no legal circumstances under which your items are at risk while using these services unless you have a personal legal matter that involves your property. Any legal matters that may arise between PWCC’s Marketplace entity and eBay do not impact the safety of your items. Your items always belong to you. Can I still sell my cards with PWCC? Since March 2021, our team of developers has focused on building and improving the Premier Auction experience which is currently live and has always been independent of eBay. Sales through pwccmarketplace.com will be the foundation for the future Monthly Auction, Flash Auction, and Fixed Price Marketplace. The initial design of these marketplaces is in place, and we are committed to make them the most user-friendly, cost-competitive, and trusted tools in the industry. Although this platform shift happened sooner than planned, we are excited to launch the new Fixed Price Marketplace on our website on September 1, 2021 and our new Monthly Auction Marketplace this October. What do I need to know about PWCC’s marketplace platform moving forward? PWCC currently hosts its Premier Auction on the PWCC website. PWCC is widely considered the leading auction site for cards and memorabilia. Our customers appreciate PWCC’s presentation transparency, detailed item descriptions, advertising and promotions, and professional service. We expect the Premier Auctions’ success to translate to the Monthly and Flash Auctions, and Fixed Price listings on our platform. We also expect to retain the trust of buyers and sellers in the years ahead. What can I expect from PWCC in terms of future plans and operations? We are excited to roll out our proprietary Marketplaces specifically designed to meet the unique needs of this market and continue to offer excellent services to our clients. In the meantime, PWCC conducts the Premier Auction each month for cards with a market value over $25,000, and we can always look to help you find a buyer privately. Please contact our Customer Service team, if interested.
__________________
Four phrases I nave coined that sum up today's hobby: No consequences. Stuff trumps all. The flip is the commoodity. Animal Farm grading. Last edited by Peter_Spaeth; 08-26-2021 at 10:03 PM. 
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