It’s an option. PSA is unique because they have two months worth of prepaid business in process at any given time and know exactly how many submissions are inbound. This allows them to see how changes to pricing and est turnaround affect demand in real time and adjust accordingly. Given that z&g operates on a weekly cycle and their entire value proposition is simplicity and high payout rates it’s probably not the best option for their business model.
I’ve never used z&g so I don’t have an opinion on the service either way. Maybe they need to increase prices, hire more employees, scale back or all of the above. The difficult part of navigating periods of unusually high demand is not knowing how long it will last. Changes to a business based on temporary market conditions are risky so I’m sympathetic to any business in that scenario.
If service is lacking customers are well within their right to be upset. I think it’s also reasonable to give them some time to adapt to the market conditions.
Speaking of..I tried googling them, caus I found them sus. They seem to be market manipulating? They have barely any recent reviews, but if you check their history, they’ve “”“”“sold”“”" tons of cards in the past month, all for EXTREMELY high prices. And they just keep resubmitting them to eBay, selling them over and over again, week after week, for ridiculous prices.
This is a case of buyers not paying, and the item being relisted, isn’t it? So it’s other people using them to get a good comp for a card they also own (this happens a lot regardless of which service is used). The new ebay rule introduced this week should clamp down on this practice a good bit. Zandg’s business model is just getting a small cut of every transaction a buyer and seller make, they have little to gain from manipulating the market themselves if you ask me.
The thing is, they’ve relisted the Raichu like 6-7 times now over the past 1-2 months, for example. And every time it sold for 7k+ - A card that is simply not that valuable. (Why are they even shown as “sold”, if the transaction didn’t go through?)
Why do you have to immediately insult me? I could just UNO Reverse you for the same, as you can’t grasp that -shocker- even trusted sellers can become untrustworthy.
I’m just guessing here based of what you said, but I see a Skyridge Raichu that has been relisted twice (showing up a total of 3 times as sold). Same card different cert has been sold a couple times for similar prices too. There’s sales for 6-8K from other sellers as well (PSA, Fanatics).
Every vintage card has done a 2-10x multiplier in price in the last 2-3 months, and another 2x in the 6 preceding months that. The price trajectory seems in line with similar cards, so I don’t understand why you say it’s not that valuable (it don’t matter that it was $500 a year ago, times have changed).
And as I’ve explained, if anyone is doing market manipulations, it’s the non-paying buyers who want to have it show up as a sale (because like you pointed out it does get registered as a sale on multiple price checking platforms, at least until corrected). Why does the world work the way it does? Who knows, doesn’t mean zandg is manipulating the market lol.
And every time it’s “”“”“sold”“”“” they somehow relist the card immediately again, selling it once again for 7k+? They’ve had an auction up for this card perpetually for 1-2+ months now. There are a bunch more sold PSA 10s on tracker without a link that I’d bet are from them, as well. So, this card wasn’t being sold as PSA 10 commonly, but 2 months ago they sell one every week for 3-4x the price it was worth 2 months prior?
PSA 9 =/= PSA 10? I mean I literally just explained what the market trend has been doing to any vintage holo. And yes money has concentrated in the 10s. Wanna see a more fun example? Look at low pop expedition 10’s (where you can get the 9 for like 200-500, and the 10 goes for 15k +). Simply because you cannot fathom it, doesn’t mean the rest of the world has to bend to your whims.
E: Waaaait a second, you do know Z&G is a consignment service right? Those cards are not theirs.
I’m aware there are gaps between 9 and 10s, yes. But it’s usually not as drastic a jump, especially for Skyridge Holos. And I’ve not seen any other vintages jump up 500% in 2 months.
I’m also aware they’re a consignment service, but that really doesn’t change anything. Where are all these Raichus popping up from all of a sudden? There’s only 133 in the POP Report.
Boom markets will entice people to sell because it’s now “worth it”. Higher sales volume for cards that normally don’t sell very frequently isn’t a red flag imo.
People manipulating sales of cards isn’t a new concept (not saying anything one way or another here), but if people are willing to pay the “manipulated” prices, well then that’s the going price.
I wouldn’t put anything on Z&G though, they’re a good consignment company and honest people. Only so much can be done about people shilling their own auctions when sold through consignment.