Is PWCC banned from eBay?
Is PWCC banned from eBay?
It doesn’t take an Einstein to figure out that trading cards is a big business. In the first quarter of 2021, 18 million trading cards were sold on eBay.
What is PWCC on eBay?
With the sports card market booming, card auctioneer PWCC Marketplace debuts a new format today—a monthly auction platform for sports cards and other memorabilia with values as little as $10, according to the company.
What happened to PWCC on eBay?
eBay announced on Aug. 18 that PWCC had been restricted, and ultimately banned, from selling on its site, claiming that individuals associated with the company had “engaged in shill bidding.” PWCC threated legal action and criticized eBay for its “defamatory press release” and “bad-faith action.”
What does PWCC mean?
PWCC
| Acronym | Definition |
|---|---|
| PWCC | Professional Women’s Chamber Connection |
| PWCC | Professional Writing Computer Classroom (Michigan State University) |
| PWCC | Public Works Center, Charleston (US Navy) |
| PWCC | Professional Western Computers and Cellular (Regina, SK, Canada) |
Who is Probstein123?
Probstein123 and PWCC are two users that do eBay consignment for sports card collectors allowing you to let their businesses take care of the listing, packing, and shipping of your cards.
What is shill bidding Pwcc?
Trading card marketplace PWCC has been suspended by eBay for “shill bidding” — the practice of artificially boosting the price of an item through dishonest bids.
How do Pwcc auctions work?
A minimum of $2,000 of the price realized is always paid to PWCC on each Premier Auction lot. If an item sells for $250,000 or lower, the seller receives 110% of the hammer price. If an item sells for $250,001 – $1,000,000, the seller receives 112.5% of the hammer price.
Is shill bidding on eBay illegal?
Shill bidding is when someone bids on an item to artificially increase its price, desirability, or search standing. This could create an unfair advantage, or cause another bidder to pay more than they should. We want to maintain a fair marketplace for all our users, and as such, shill bidding is prohibited on eBay.
Is shill bidding illegal?
Shill bidding—legal or illegal—may be occurring. Shill bidding is a practice whereby the seller or seller’s agent bids up lots, possibly so that they reach an unnamed reserve, or just to encourage ever-higher bids. Shill bidding is not allowed on eBay.
What does Probstein123 cost?
The rates for consignment with Probstein123 are as follows: Over $2,500 – you get 90% of the sales price. Over $1,000-$2,499 – you get 89% of the sales price. Over $100-$999 – you get 88% of the sales price.
What happened to PWCC?
Does PWCC shill bid?
The Oregon-based company had its listings pulled from eBay on Aug. 17, 2021, as the marketplace giant accused “individuals associated” with PWCC engaging in shill bidding. 17 — the day eBay pulled the listings — PWCC had over 17,000 live auctions available for bidding.
What happened between PWCC and eBay?
For their part, PWCC denied all allegations and expressed their shock over eBay’s decision. We take a look below at this debacle between two of the hobby’s biggest names and how it affects the card industry. At the time of eBay’s decision to suspend PWCC, around 17,000 listings were taken down on the eCommerce platform.
Is PWCC shill bidding?
eBay Accuses PWCC of Shill Bidding August 17, 2021 By Rich Mueller eBay leveled a strong accusation and took action against one of its largest clients in the trading card category Tuesday. In a message sent to customers who have done business with PWCC Marketplace, eBay indicated it had “restricted” PWCC’s selling privileges and listings.
What happened to PWCC marketplace?
PWCC Marketplace PWCC Marketplace, which was banned from selling sports cards on eBay over allegations of shill bidding, is moving its business to its own website and reacting to concerns by customers and collectors.
Is PWCC safe to buy sports cards?
There were even accusations of doctoring cards to improve their grade against the consignment company. PWCC is proud of the 20+ years of building the largest and most secure sports card marketplace in the world, and that continues off-eBay this Saturday night as our August Premier Auction comes to a close.
