PSA Acquires Ebay Vault - Now What?

Cajun cardboard is a KZbin channel featuring basketball card collecting and investing, fantasy basketball content and general historical and modern NBA Basketball content.
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Trading Card Database - www.tcdb.com
PSA website - www.psacard.com
Beckett Website - www.beckett.com
Basketball Monster - www.basketballmonster.com
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Bryan

[@giantasparagus]

I've been on ebay since early 2000s they will find a way to mess this up.

[@steveo23]

I use the PSA vault with no issues. In the wait and see camp on how they will handle non payment particularly on higher end cards. To me they need to get that fixed.

[@weekendupnate]

Do you think eBay was walking the showroom floor in Dallas, stumbled into their grail, Goldin Marketplace, encased in a SlabMag, sitting inside the Collectors' showcase... And after getting confirmation that Collectors does accept trades, eBay whipped out their Zion case and pulled out their shiny new prospect, The Vault... "Sheeeesh" all the onlookers gasped. And after much back and forth, a deal was complete?

[@cajuncardboard]

😂😂😂😂 now that’s a narrative.

[@JohnNP3]

I am a big fan of PWCC when it comes to buying and would like to see them provide a strong alternative to eBay. When things have gone awry buying on eBay and I have had to contact their customer service, the experience has been miserable. What baffles me is why PWCC doesn’t offer a PSA grading service, like they do with SGC, BGS, and CGC. If they did offer PSA, I would use it for grading and not only buy on PWCC but also vault some of my collection and sell some cards on PWCC. I’m hoping Fanatics will put that piece in place asap. On a less important note, PWCC also needs to make the process of grading through them more clear and accepting. Last time I read about the process, they indicated that once they receive your raw cards, if they think any of the cards won’t hit a certain value threshold, they send those cards back to you. That’s somewhat of a turn-off for me. Not because I want to grade a bunch of low-value cards, but because if I’ve made a decision that I want to use PWCC to get a card graded and sent to the PWCC vault for whatever reason , I don’t want PWCC to second guess me and reject it. Next time you’re at PWCC could you please pass along my feedback?😂

[@cajuncardboard]

Just did my friend. Thank you for the feedback. Always appreciated. As for grading through PWCC with psa. They are competing vaults so I’m sure that’s part of the reason it doesn’t exist. It also isn’t up to PWCC alone, that would require a true bilateral contract

[@JohnNP3]

@@cajuncardboard Much appreciated!👊🏻 And you make a good point-Collectors (PSA) and Fanatics (PWCC) are now in greater competition with each other after the recent maneuvering and entering into an agreement likely will be more difficult. Hopefully not impossible.

[@scottmccarthy7681]

The PSA to eBay potential is enormous. If the vault service is good. I have resisted picking a vault company waiting to see if eBay could straighten up. Adding in the PSA angle will get me to try it.

[@cryptonite8495]

"I put no research into this." Well, to start with, most of the things you "heard" about the eBay Vault are false. I'm all for improvement, but I'm nervous about PSA taking it over. I can see fee-less selling from the Vault going away.

[@cajuncardboard]

Man the consensus feedback I’ve received about the eBay vault is overwhelmingly negative. Again, people tend to only share negative stuff not positive stuff. I personally have no first hand experience with eBay vault good or bad.

[@cryptonite8495]

@@cajuncardboard Having your listing title and description (which isn't a description at all) inserted by force is a very bad thing, and I hope it changes under PSA. But avoiding sales tax when buying and avoiding fees when selling more than compensate, IMO. I haven't had any issues withdrawing cards, and now there's no fee for that either (it was a max of $50 depending oin the card), until PSA takes over. When PSA announces its fee structure and other rules, and if I hate it, I can pull out unsold cards at no cost and eBay will even ship to me free. I am selling on PWCC auctions right now, but I haven't kept any purchases in their vault for more than a few weeks. It might be an attractive option, depending on PSA, but PWCC won't be integrated with eBay, which is a big strike.

[@The047SportsTCGCards]

Bottom Line: In 12-18 months time frame most likely thereabouts, your going to be able to buy a card on ebay and your gonna have the option to pay an additional fee to have it graded by PSA with your ebay purchase. You won't have to touch the card. Kinda Epic.

[@cajuncardboard]

If you’ve ever graded cards, you know that is never going to be a good decision, you have to have the card in your hand and at the very least you want to wipe the card down with a microfiber to take off fingerprints, and nowadays it seems like half the people in the hobby are using some type of cleaning stuff all over the card. Ask somebody who has graded 20,000+ cards with PSA. I would highly recommend having the card in your hand before you make a decision whether or not to grade the card.

[@The047SportsTCGCards]

@@cajuncardboard I am sure folks won't mind taking the gamble on cards - also - don't be surprised if ebay/collectors offers a cleaning service fee or "prep" your card to be graded too if you want that before your card gets graded.

[@dwiii1635]

@@cajuncardboard It'll be hilarious if Ebay announces they're teaming up with Kurt's Card Care for card cleaning services, lmao.

[@davidspahr3393]

Yes, I will be taking advantage of this. Ebay, really wants a piece of the higher end cards which they really aren't involved in right now.

[@cajuncardboard]

I agree David, they used to be and then they weren’t and now they’re trying to be again. I think the bigger deal is the quantity of PSA slabs that are going to flood eBay now that it is this easy for investors to transition out of the cards they just submitted for grading.

[@hart316]

I agree… “Friction is a good choice of word” yet my wife would disagree with me! 🤣😩

[@cajuncardboard]

😳😳😳😂😂😂

[@counterproof]

I use the PWCC vault and the ALT vault which has been fantastic so far. I lean towards the ALT vault because although they are smaller I like the fact that they also list on EBay and they are in DE, on the East Coast, I don’t have my cards sitting out in Oregon. If PWCC links up with Ebay again maybe I’ll send more cards to them.

[@cajuncardboard]

Direct Access to list on eBay is a game changer. Good feedback on Alt vault my friend. I’ve not yet met anybody that uses the Alt vault. Glad to hear good feedback on that front.

[@tubenachos]

This is a huge deal, something I will most likely take advantage of

[@cajuncardboard]

I totally agree with you. This is a very, very big deal.

[@juhosevic]

My eBay vault experience was mostly bad from the buying side. Their representatives are very polite, but they have some kinks to work out. I bought a bill Russell sgc 4.5 RC. I figured wire transfer would be fast and seamless. Long story short, their wire transfer is bugged and I couldn’t advance my payment via the vault. Once a payment method is chosen, you can’t go back to pick a different payment method. Luckily the seller was understanding and let me re-purchase the card via ebay… stupid me, I should’ve just used a credit card, but it worked out bc the seller was nice. I’m assuming they’ll fix these issues now, but supposedly I wasn’t the only one that had this issue with this payment method for ebay vault items per the employees when I contacted them :/ Btw, been watching the cross country collection and love the content. Lots of nostalgia with the digging for gold!

[@cajuncardboard]

Thanks for the intel and appreciate you watching the XCC videos as well! 🙌

[@andrewmarks4640]

Did collectors admit they over paid for goldin…..and now got cold feet.

[@cajuncardboard]

🤔🤔🤔

[@paulpaste1719]

Yup this looks awesome to me. I quit using that send to goldin auction button since a few of my cards that eBay sales go for $300 mine went for $50 and really pissed me off. But now if I can just click send to goldin and wait for nfl season players to heat up and press ebay auction. Might be nice. I already do that with my garbage cards using comc and it’s nice. Fees suck of course and 10% fee to get money in and out makes it horrible. But I enjoy not going to post offices and taping packages every hour 😂😂😂

[@butcheoreo8034]

If the vault is ran by anyone and I mean anyone other than eBay this will be a great option.

[@cajuncardboard]

Lmao. I can read between those lines!!! 😂😂😂

[@axinite_6489]

I'm wondering how they will handle the return policy.

[@cajuncardboard]

Hmmmm. 🤔🤔🤔

[@rushdoulati2710]

Hi Cajun. So this Feb 2024 I was in a conundrum. To listen to you and go PWCC VALUT or go PSA VAULT. Well. I went with PSA Vault. I took all my slabs, PSA, SGC, and BGS, to a Houston TriStar show in Feb and PSA VAULT could only take so many cards with them, but they gave me prepaid stamps for tge rest of the slabs and now I have over 1390 slabs in my PSA Vault. Apparently if I wait 3 month to pass from the date they received the slabs, it will have only $1 fee to have them release it to whom ever I like. There are shipping charges in addition, but when you sell on Goldin or eBay, the buyer pays for that. The only thing I am waiting for PSA Vault to improve is their search features of their Vault. That has room for improvement.

[@cajuncardboard]

Rush thanks for that info. Appreciate the watch. It’s an intriguing exciting move for psa for sure.