I just watched some videos about the “Authenticity Guarantee” for sneakers and watches and people have reported wait times of 1-2 months to receive their purchases. Definitely concerning as a buyer and a seller if true!
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To add on, either eBay is going to win big on this or it will backfire with a mass migration to PWCC and other competitors.
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Today alone I count at least 24 PSA graded cards have sold that are $250 above. Meaning CGC would have to authenticate 24 authenticated cards from today alone. That’s not much, but the market is slow right now. What about periods of volatility? Will eBay and CGC be able to keep up?
No hate for CGC at all. But adding an extra step to the buying/selling process is a huge pass from me.
Also, CGC re-authenticating CGC graded cards is a joke.
Someone is getting paid a lot for this…or they expect to be in the future. Thanks but no thanks.
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Click this link here: pages.ebay.com/authenticity-guarantee/
This seems to be the “official” eBay statement on it, and it doesn’t say anything about the $250 for graded cards. As a matter of fact, it says graded cards are not eligible.
Isn’t this service for ungraded cards?
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The article says it could also include graded cards of $250 or above by the middle of the year. However, the actual statement on eBay’s page doesn’t state that. So I’m not sure what’s going on with that.
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eBay’s Customer Service Announcement and introduction video both state: “More cards eligible soon.” This seems to imply the service will extend beyond the initial announcement.
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official ebay instagram actually replied to me and said 7-10 days. It wont even get processed through CGC in 7-10 days
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“…but to some… internal dialogue [this is easy to identify as a fake…] because we know [that some of our buyers know a lot more than us.]”
I hate to be negative, I feel like I’m doing that a lot lately with all these new vaporware ideas, but I feel like Scott has the biggest point, that people who know, are not going to be buying those cards. It’s the lower-end with the fake zards and Ex cards.
IDK about sports, but there may be a few exception in PkMn, like an english-back, “international release Full-art Masked royal” that was auctioned recently… (Unless that does exist, and Damn! I’m kicking myself.) Or bootleg graded cards. which don’t meet the “raw” requirement.
Just MHO
Maybe they couldn’t decide, whether the jpgs they found of base 'Chu were authentic.
Though I was initially in favor of the idea, I’ve changed my mind after reading everyone’s responses. Also, if this does end up applying to $250 PSA slabs that would be absolutely ridiculous. It would push me back towards PWCC. Funny how this tug-of-war between eBay and PWCC is playing out. We dislike one platform and get pushed to the other, only to find ourselves pulled back in the opposite direction. Why can’t everyone stop these useless “innovations”. Stop trying to fix things that aren’t broken.
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As someone else pointed out it will be dodgeable at least at first. Just sell ur card alongside a random common or something?
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Assuming it stays both free and quick, it just seems like a net positive to me for both buyers and sellers
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Something that I don’t think has been considered is your privacy.
Put on your tinfoil hats everyone.
Yes, if sold through eBay it’s public information available from the auction while live and then in the sold/completed section after. Although that’s just typically the card, it’s condition and the price.
We all know that eBay sold listings isn’t all that reliable, it can become messy easily and the only ones who really know the facts are the seller, you and eBay.
I would like to know if CGC will be scanning all cards passing through, raw and graded as this is a great business move to extend their database of rare cards. It’s not absurd to think that they may have an agenda unknown to us for doing this. Obtaining personal information is big business for companies after all.
eBay and the seller are the two parties who know your details. Now including CGC who has a vested interest in knowing who owns what rare card and where they are. All this gives them is access to this information that they were not privy to before.
The card, it’s condition, the actual sale price confirmed, the sellers name, the buyers name and your address is what they would need to have. Additional information they most likely would get would be age, sex, email address whatever you’ve filled out etc.
We’ve seen that CGC posts scans of cards they’ve graded and I also know without the permission of submitters who in this case wanted their cards to be kept private.
Would they post the scans of your cards? Would they send you an more private offer with your specific card or email you about your card? Maybe they just want to look at all the information they obtain on a graph to see who the audience is purchasing cards. No one knows but CGC, thought I’d just throw that out there.
Food for thought.
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Sounds like an interesting idea and will put additional eyes/$ on graded slabs and authentic cards, while warding off high card value scammers. Seems positive, an extra step for ebay, but if the turnaround times have done well for sneakers, it shouldn’t be too bad for trading cards.
Grading turn around times(including cgc’s value tier) are too long, it seems more plausible that the cards are sent to a third party like gcgc to be ‘reviewed’ and ‘authenticated’, potentially returned in a card saver, with a sticker of authenticity, after a brief review. As long as the turnaround times are within a couple weeks, shouldn’t create much of a backlog for the grading units, I think. The authentication of $250 slabs is likely also a brief process since the qr from psa are scannable via back, and cgc slabs should be recognizable from the company.
CGC hasn’t said they are returning slabs for cards purchased raw, that would create a tremendous amount of extra steps and backlog/business considerations.
I don’t know if this is worse than Global Shipping Program (GSP). Really hated GSP.
Most $750 raw cards I own/will will own will be sent for grading anyways. It seems ridiculous that $250+ graded cards will need to be sent through this service. I wonder if this will be an additional service that can be bought by the buyer like a warranty and is totally optional? If a buyer wants the service and is willing to wait the additional time for their card I see no issue with that. If it is forced on people and I start getting negative feedback stating the card took 2 months to arrive that is obviously an issue. I also take issue with eBay passing on the risk of cards damaged in CGCs possession to the seller. Damage via mail may only effect 1% of my sales but being unable to control how the item is shipped from CGC to the end buyer and being responsible for any damage is concerning.
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I like this. Ebay already does it with sneakers. Places selling luxury 2nd hand goods like PoshMark, have authentication services for high valued items as well. That way if something turns out to be fake, you get a refund.
There are some downsides though:
- Doubles the chance of the item being lost in the mail
- Will now take longer to receive the item you paid for