eBay introduced a similar authenticity guarantee and service for certain sneakers 5-6 months ago. I don’t believe there’s any additional cost to the seller or buyer. This was actually huge because they also had cut seller fees to basically zero. Since introducing the authentication service though I believe they’ve increased to seller fee back up to 7 or 8%.
I can’t think of any raw cards that I’ve sold even close to this price, but as a seller, I would find this process tedious and somewhat risky. Not to mention, it might be off-putting to buyer’s to wait that long, thus potentially reducing sales. I’m fairly neutral though.
if you are going to spend $750+ on a card you most likely aren’t going to be a newbie. It’s not as if were talking about a modern rainbow vmax card that anyone and their dog could buy because of a whim on getting back into the hobby. While $750 isn’t a mind boggling number, for a raw card that’s pretty up there and knowledge of those cards requires more than a day of being in the hobby.
According to every post in this thread, thousands of people aren’t buying $750 raw pokemon cards either. Watches are incredibly popular btw. I will agree that most of the easy to spot fakes get taken down quickly thanks to people like those here on efour, but efour members are on a such a different level of pokemon knowledge than the average buyer. I also agree I don’t want extra hands on my cards (especially an unknown amount of hands with unknown expertise at handling delivery of cards)
Maybe this is a cash grab and a waste of time (very possible), but I don’t see why it’s being universally panned. Maybe cause of the hate here for CGC? Also @smpratte we love you but the time value argument of the extra shipping days is funny when you have 10,000 ungraded cards in boxes for years haha
Or maybe because it’s just more risk that gets pushed on to the seller in typical eBay fashion. The idea of the seller being responsible for CGC potentially damaging/losing the card is laughable.
How come no one has mentioned that in the same announcement, they state starting in mid-2022 all graded cards over $250 will go through this same process??? That’s gonna be a lot higher volume than raw cards over $750
I’m pretty much just gonna echo what others have been saying on this thread. I genuinely do not want CGC middle-manning my cards. As others have said, I want to minimize the amount of handling my card sees before it reaches me, and even after it reaches me lol. Also, yea, I am not sure how large the fake market even is for raw cards above $750. Overall, it just seems like more red tape, more opportunities for things to go wrong, and less clarity on where it went wrong; I feel like trying to track down where in the process your card got damaged would be difficult. I just hope it’s not deliberately obtuse for the sake of skeeting buyer protection. I don’t want to assume the worst of them, but I can’t help wondering.
On the surface, this kinda just overcomplicates things imo.
EDIT - Also, the check on all graded cards over $250 coming soon sounds completely redundant; is this their way of taking a bigger chunk of the sales occurring?? What a weird situation lol
What’s weird is that while that is in the press release, I don’t see that anywhere in the “Authenticity Guarantee” on the actual eBay page. As a matter of fact, it says graded cards are not eligible.
How would that even work? “Hey CGC, we’re going to need you to verify this card that PSA graded.”
There’s no way that actually happens. Either there was a strange error in the press release or there are some caveats. Maybe they’ll only do it for cards graded by unknown start-up companies?
I’m going to be purchasing raw cards over $750 in the future for my binder sets, and as a buyer, I wish this was an option rather then something forced on the sale. If I know the seller and I’m confident buying from them, I don’t want this process to add extra steps to their sale, I would feel guilty. If I’m buying an expensive card from a seller who’s maybe new or has a less detailed listing, I could use the authentication option if I wanted to.
I’m also a little worried about the turn around time with the authentication process. After saving up for these cards, I would be sad if they sat in a warehouse for months. Honestly I might just end up buying more graded cards to crack. (Sorry in advance about the pop report!)
I’m curious to see what happens when trading cards start going through this process, and what the feedback will be for those transactions.
That’s the release I read that mentioned by mid-2022 graded cards over $250 going through the same process, is there an official eBay press release that doesn’t include under verbiage?
I feel like this is pretty much irrelevant for Pokemon. The vast majority of $750+ cards being sold are slabs. This will have a much more significant effect on the MTG market where people regularly buy $750+ cards with the intent to play with them. Someone wanting to buy an HP Unlimited dual land for a deck isn’t going to want to wait several weeks to have the card evaluated by a third party.
On a separate note, I don’t understand the hate for CGC in this thread. They’re no less competent than PSA at evaluating the authenticity of cards. I get that people don’t like blue labels, but they aren’t encapsulating the card with a label (if I understand the announcement correctly). I don’t see why it matters if CGC is handling this service vs. PSA or BGS.
“eBay covers all the costs associated with the authentication process for a limited time.” Lol
“eBay reserves the right to institute, alter, or amend fees or costs associated with the Services at any time, at eBay’s sole discretion.” Lol x2
Naturally, the T&C (section 5. paragraph b.) hints at global expansion but if that happens at some point and all slabs over $250 are included by summer, then presumably CCG has to expand massively or the backlog is going to be out of this world.