PWCC green cobb psa 5.5 going through the roof

[kickitup]

Buyers premiums are steep, correct. Sellers fees are steep, correct. But those fees being as high and the independent sellers/auction houses as they are protect each of us from the shill bidding and assets protection strategies many of you complain about here.

If fees were lower, problems far greater than each of you could imagine would certainly exist. If I didn't have to pay my bill when I won something nor did I have to pay a big buyers premium, I would most likely do more "asset protection" as would most others. The fees are high, I agree, but they are most certainly there for a reason. Any auction house that charges less than standard rates would immediately be a HUGE red flag to me and most other large buyers I assume.

Most importantly, these large transaction costs make both buyers and sellers think seriously about transacting. If you are a buyer, you buy hopefully for the long term. If you are a seller, you likely consider the transaction costs in your investment return analysis. The fee structures as they are encourage long term investing rather than short term speculation. Although expensive, the model has sustained the test of time because it works on many levels. It critically encourages collectors and investors alike to make purchases they intend to commit to for long periods of time. By its very nature, this commitment buy the parties to a transaction support prices for our large investments in cardboard.

You might wish for the "good ole days", but trust me, the market fee structure as it is today is exactly what each of us need for the market to function in an orderly and proper fashion.

[bobbyw8469]

Seriously or not, this forum is in decline. Boot the difficult people, allow frivolous stuff about, for example, George Brett cards because the OP is a "regular poster" (since 6 months ago?), lazily complain about eBay (yes, Brian Van Horn, I mean you). It needs the proverbial reboot.

Wait...what?!?!?! OK....I don't have no beef with you, but what you said is asinine.

[bcornell]

Originally Posted by kickitup

If fees were lower, problems far greater than each of you could imagine would certainly exist.

I think I can imagine it. Here's what comes to my imagination - my consignor fees pay the rent and much else for the auction houses. They offer me 0% commissions because they are digging deep into my pocket on the buyer side

Is that the "protection" you're crowing about? By the way, why do you get to post anonymously? Did you get some special dispensation from Leon?

Bill

[bobbyw8469]

Is that the "protection" you're crowing about? By the way, why do you get to post anonymously? Did you get some special dispensation from Leon?

If you took the time to read the whole thread instead of chiming in at the end, you will see his name is out there. Leon posted it for everyone to see. You come across to me as a bitter old man longing for the "good old days". Leave the cardboard alone and get a breath of fresh air. It could do you some good.

[bcornell]

Originally Posted by bobbyw8469

You come across to me as a bitter old man longing for the "good old days".

More bitter than you'd ever realize. I once lost on an auction or two in (gasp) 2008 and maybe a couple more before that, although my memory fails me.

No beef with you, although I could not possibly care less about people policing eBay.

Bill

[Leon]

Originally Posted by bcornell

Is that the "protection" you're crowing about? By the way, why do you get to post anonymously? Did you get some special dispensation from Leon?

Bill

His name is in post 113 and the forum has been going down for as long as I can remember .

[bcornell]

Originally Posted by Leon

His name is in post 113 and the forum has been going down for as long as I can remember .

Am I actually supposed to go dig that up? What happened to moderation where people had to be accountable?

More posters isn't necessarily worse. But, in this case, it absolutely is.

Bill

[Leon]

Originally Posted by bcornell

Am I actually supposed to go dig that up? What happened to moderation where people had to be accountable?

More posters isn't necessarily worse. But, in this case, it absolutely is.

Bill

No, you don't need to read everything to comment on it.

I dunno, mandatng your full name be in public is being held somewhat accountable. (It's in bold type at the top of every page.) No two people would moderate a forum the same way. There can't be a perfect way in as much as you can't please everyone.

[Mikehealer]

Is Wonka really banned?

[kickitup]

Originally Posted by bcornell

I think I can imagine it. Here's what comes to my imagination - my consignor fees pay the rent and much else for the auction houses. They offer me 0% commissions because they are digging deep into my pocket on the buyer side

Is that the "protection" you're crowing about? By the way, why do you get to post anonymously? Did you get some special dispensation from Leon?

Bill

That's EXACTLY what I am saying. You don't sell the card unless it makes sense for you. If you have to pay 20% of the sales price, you are encouraged to buy and sell with a long term perspective. It keeps speculators out and makes people hold assets longer. For example, are you going to buy and sell houses and pay your broker 6% each time over and over again without considering the brokerage? Absolutely not! The fee structures of the auction houses are there for a reason. If you or anyone else doesn't like their fees, don't use them. If you can do it better yourself and maximize your value, go for it! I would argue however that most collectors are far from able to truly maximize the value of their cards like an auction house would. It's clear to me because these auction houses are still in business. If they weren't appreciated or needed, they wouldn't be around.

I spoken enough of my mind for the evening and for a while. Take care guys... I'll check back periodically, but don't expect me to post or contribute often.

Justin