Proposed Change to Lessen Manipulative Bidding/Conversation with PWCC/Input Wanted

begsu1013 · #1 06-26-2016, 03:23 PM

anything concrete on these other forces?

mechanicalman · #2 06-26-2016, 05:15 PM

Quote:

Originally Posted by begsu1013

anything concrete on these other forces?

You're reading too much into my comment, Bob. "Market forces" are not inherently illegal or nefarious. I think the primary force at work is that there are simply a lot more deep-pocketed dudes entering the hobby willing to spend more on certain cards. I've spoken with some hobbyists/investors who believe in protecting their investments, but as long as they bid cleanly, do not collude, and pay when they win, I see nothing wrong with it. I have no evidence, and am highly doubtful of, an organized global conspiracy to drive the price of uncentered Pete Rose rookies. But then again, I'm not looking too hard for evidence, so who knows?

begsu1013 · #3 06-26-2016, 06:02 PM

i get it and i wasnt being negative in asking for anything concrete. but understand how it comes off like that considering recent events and threads.

and great overall answer and synopsis as well.

scotgreb · #4 06-26-2016, 06:38 PM

I would suggest a more draconian approach to dealing with retractions. That is, when an eBay user retracts a bid, all of his open bids are canceled and he is blocked from bidding for 10 days.

mechanicalman · #5 06-26-2016, 06:38 PM

All good, Bob. My point needed clarification. Definitely some passionate points of view from folks on the topic. The only thing of which I'm 100% certain is that I'll be focused on pre-war for the foreseeable future!

Rookiemonster · #6 06-26-2016, 06:57 PM

I don't bid more then what I feel what the card is worth. After that I assume everyone else is a bafoon lol. After it reached its value point I don't even watch the card anymore ( unless it's do sharts and giggles). I really don't care what happens after that.

TheNightmanCometh · #7 06-27-2016, 01:29 AM

Quote:

Originally Posted by Rookiemonster

I don't bid more then what I feel what the card is worth. After that I assume everyone else is a bafoon lol. After it reached its value point I don't even watch the card anymore ( unless it's do sharts and giggles). I really don't care what happens after that.

Do you consistently watch cards you're interested in or do you get a wild hair, like most collectors, and just go after what you might see in the moment?

If it's the latter then don't you think there's a chance that the increase in sales price over the last year might have an effect on what you think a card is worth?

If you see a card that has sold for $200 over the past 3 months, but 6 months ago it sold consistently for $50, do you think you'd think the card is worth $50? If you think it's worth even $5 more than that then the market price of the card over the last 3 months has effected what you think the card is worth; and thus they have won.

Brent Huigens · #8 06-29-2016, 12:03 AM

Thanks to the original poster for raising these issues. We imagine many in the hobby harbor similar concerns and frustrations about the legitimacy of the bidding environment; as a business owner and collector, I certainly do. We appreciate everyone�s patience as we work to address these issues. For the past three years, we have partnered with eBay to develop new methods and tools for ensuring an honest bidding environment, with a particular focus around bid retractions. We await several final decisions from eBay, but PWCC will initiate a new post on this and other message boards announcing PWCC and eBay�s jointly-created plan to limit fraud on the eBay platform. I expect to make this post by the end of next week.

As always, please don�t hesitate to reach out if you have any concerns, suggestions, or questions.

Brent Huigens
PWCC Auctions
brent@pwccauctions.com

Rookiemonster · #9 06-29-2016, 11:07 AM

Quote:

Originally Posted by TheNightmanCometh

Do you consistently watch cards you're interested in or do you get a wild hair, like most collectors, and just go after what you might see in the moment?

If it's the latter then don't you think there's a chance that the increase in sales price over the last year might have an effect on what you think a card is worth?

If you see a card that has sold for $200 over the past 3 months, but 6 months ago it sold consistently for $50, do you think you'd think the card is worth $50? If you think it's worth even $5 more than that then the market price of the card over the last 3 months has effected what you think the card is worth; and thus they have won.

I guess it really depends on the case . With the current market what it is . I would see a flip opportunity. But if a card I'm chasing for my collection is goes up . Then I have to say is it worth the whistle. If not , I move on .

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