PWCC Auction Ending Tonight - Interesting Results

Peter_Spaeth · #1 12-08-2019, 10:40 PM

Quote:

Originally Posted by perezfan

I was going to answer myself (after REA) since Peter's question was in response was to my comment. But you did it for me.

Thanks.... that is word-for-word what I was going to say.

PSA makes money when its cards sell for good value and people are encouraged to keep submitting, so I disagree with you again.

Bigdaddy · #2 12-08-2019, 11:31 PM

Quote:

Originally Posted by Peter_Spaeth

PSA makes money when its cards sell for good value and people are encouraged to keep submitting, so I disagree with you again.

PSA doesn't make any money when "people are encouraged to keep submitting". They only make money when people actually submit the cards.

A PSA entombed card can sell 100 times, increasing in value by 20% each time it sells - and PSA does not make a dime off of those transactions. Nada. Zilch.

They are not like the government who taxes you on each transaction.

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