Auction Houses vs. Ebay

[egbeachley]

Originally Posted by Stetson_1883

This might be a silly question, but Ive been on this board for a bit, and wanted to finally ask....

why do people use independent auction houses to sell their cards instead of ebay?

What am I missing here? 😣

No idea since an auction house will end up costing about 3 times as much in fees as someone like PWCC.

[Exhibitman]

Sterling is 15% with no commission on graded cards. eBay is 10% plus 3% for payment processing. And all the other nonsense mentioned above versus no effort besides sending the card to Lee.

[jcmtiger]

Originally Posted by egbeachley

No idea since an auction house will end up costing about 3 times as much in fees as someone like PWCC.

So Pwcc costs less than 4 %?

Joe

[egbeachley]

Originally Posted by jcmtiger

So Pwcc costs less than 4 %?

Joe

No, PWCC costs around 10% - 13% depending on sale amount, if a card is graded, etc.

The stated auction houses that generate the highest sale amounts (REA, Heritage, Goodwin, etc,) typically add 20% buyer's premium and 20% sellers premium which totals to about 35% or so (not 40% since seller premium is before buyer premium).

Yes, an auction house will lower or even drop the seller premium for truly outstanding items. But PWCC would be 8% for those high sale items.

[1952boyntoncollector]

Originally Posted by egbeachley

No, PWCC costs around 10% - 13% depending on sale amount, if a card is graded, etc.

The stated auction houses that generate the highest sale amounts (REA, Heritage, Goodwin, etc,) typically add 20% buyer's premium and 20% sellers premium which totals to about 35% or so (not 40% since seller premium is before buyer premium).

Yes, an auction house will lower or even drop the seller premium for truly outstanding items. But PWCC would be 8% for those high sale items.

seller premium pretty rare even for items for a few hundred bucks....its basically 20% versus 13% or so......

[bbcard1]

they're just different clubs in the golf bag. I think people TEND to bid more aggressively in an auction house situation for a mid to high end card. I think you get more eyes on an eBay auction, but not necessarily more sophisticated buyers. My experience is also that sometimes, I pick the wrong golf club.

[bn2cardz]

I don't buy off ebay outside of what is emailed in a saved search. It takes too much time to sift through all the junk that is mis-categorized. AH have things organized and you won't have to sit through reprints that advertise as originals.

So just because there are more users on Ebay doesn't mean there are more buyers.

[Exhibitman]

So true, Andy. Lots of lowball bottom feeding lookieloos on eBay. I know because I am one.