PWCC reeling from losing my business!

[Stampsfan]

Originally Posted by Snapolit1

...If I see a nice card with him I immediately assume it’d been under the knife. Same logic I employ in topless bars where things just look too perfect.

OK that is really funny!!

Sometimes things are simply too good to be true.

[japhi]

I know op is an attempt at satire, but here is the thing. You can’t look at individual cards and try to draw a conclusion. The proper way to size impact would be total sales volume by auction MOM and YOY. Not sure if this data is available but if it was it would be interesting to see that 2008 fall auction is up or down x% YOY.

Another thing to consider is we are in one of the greatest asset bubbles we will likely ever see. No hobby scandal can counter the absolute flush of cash that is flowing into RE, art, equities, etc.

Last, Brent himself is on record stating that 15-30 collectors are driving the whole top end of the market. So it wouldn’t take too many of these collectors to move to the sidelines to impact prices. That said, these same collectors have incentive to keep the party going, which takes me back to asset bubble. Nothing is going to change as long as money is cheap and accessible.

[Copa7]

As soon as I see those letter - PWCC - I think someone of cutting and carving.

I save money by not buying anything with those letters.

[JollyElm]

Every single search I do on ebay contains "-(PWCC, Dean)" and life is beautiful (unless I'm looking for a Dean Meminger or Dean Chance card, of course).

[frankbmd]

A. An establishment serving adult beverages without a roof, frequently seasonal in snow country.

B. An establishment serving adult beverages in which the bar itself no longer has a table top surface, where finding a place to set down your drink is a pain in the neck.

C. An establishment serving adult beverages featuring entertainment devoid of clothing above the waist.

D. An establishment serving adult beverages that is clothing optional for the patrons, who in fact may also be bottomless.

Perhaps this should be in the form of a poll for our members to indicate their preference.

[Peter_Spaeth]

Originally Posted by JollyElm

Every single search I do on ebay contains "-(PWCC, Dean)" and life is beautiful (unless I'm looking for a Dean Meminger or Dean Chance card, of course).

Or an altered card.
(PWCC reference only.)

[CMIZ5290]

Meanwhile, Brent and Betsy keeping laughing all the way to the bank.....

[frankbmd]

Originally Posted by CMIZ5290

Meanwhile, Brent and Betsy keeping laughing all the way to the bank.....

Partners
With
Cash
Cache

[Leon]

Originally Posted by CMIZ5290

Meanwhile, Brent and Betsy keeping laughing all the way to the bank.....

I will go out on a limb and say they aren't quite laughing all the way to the bank right about now.

[BigBeerGut]

Originally Posted by CMIZ5290

Meanwhile, Brent and Betsy keeping laughing all the way to the bank.....

Do not mention Betsy

[Stampsfan]

Originally Posted by japhi

Last, Brent himself is on record stating that 15-30 collectors are driving the whole top end of the market.

Is this a fact that he said that? Wow if true. Not exactly a business based on volume.

I’d love to see a reference to that or some metrics to back that up. I bet there are more cars doctors than that.

[japhi]

Originally Posted by Stampsfan

Is this a fact that he said that? Wow if true. Not exactly a business based on volume.

I’d love to see a reference to that or some metrics to back that up. I bet there are more cars doctors than that.

He did, I believe on this forum when he used to participate. Someone with better search skills can probably find it.

And it makes sense - PWCC sells 50mm a year, if 20mm of that is ultra high end, 25 whales could easily consume all that inventory. I suspect a lot of ultrahigh end inventory is in a few hands and if/when these guys exit look out.

The card doctors are selling cards to all types of collectors. If you look at most outed cards they are in the 500-1k range. Even the big ones are under 25k. The doctors are making money on volume, turning 50’dollar bills into 1k paydays