The Fanatics Collect [formerly PWCC] Megathread

Idk PSA not ingesting them accurately or the packaged being nuked from orbit

it was down for me too around when you posted i believe, couldn’t browse or list or view what i had listed.

PSA vault time to load into your account is like 10 business days minimum. I wouldn’t bother

Anyone else having trouble with the invoice page?

I did last week. Had to access it by going though bids > a card I won > and got to payments that way

Did any one else get their FC account banned after trying to log in today?

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Welp, guess I am not logging in to check. If yours did get banned, I hope you can recover it in time.

Cheers!

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Nope, I successfully logged in yesterday and today without a problem. I hope this gets resolved for you soon!

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0% fees if you choose to be paid via FanCash for BIN or auctions. FanCash does have strings attached, so I don’t think you should value it as a 100% of a dollar - can’t withdraw it and some things to watch out for around expiration:

I think this is a really interesting move though. I wonder what other platforms will do. This also reduces the benefit a bit of selling via consignment on Fanatics (if you don’t need the cash and plan to buy more) - maybe not a huge impact, but there are already few smaller cards I would have consigned that I’m thinking I may just list myself now.

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Their finance team is gonna have so much paper work to do. Hopefully they’ve built good AI systems to make it fact check/port things over but I can see how this can get messy really quickly especially with if you consider sales with FanCash revenue or not

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This is very interesting, thanks for posting. I wonder if, for an auction sale where you select to be paid in Fan cash, if you getting 100% means that that also includes the buyer’s premium, so the total amount not just the hammer price (?) :thinking:

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The average seller gets a few % more to allow FanaticsCollect to keep their funds circulating into new purchases. Those new purchases have a higher likelihood of reaching new records because a greater proportion of the amount paid is covered by FanCash, which can’t be sent or spent anywhere else.

The marketing psychology behind it all is pretty fascinating: earn more from sales, use those higher earnings to buy bigger/better collectibles, sell and repeat the cycle. Revenue lost on the hammer price will be made back and more from buyers choosing increasingly larger purchases, if I had to guess.

Personally, I’d rather lose a small proportion from the boomer premium to have full control over my money. The exception may be selling high-end cards where you have already identified the next purchase on platform.

Overall, I think this will go over well for FanaticsCollect. High-end collectors (who they care about and cater to the most) will benefit the most from it.

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u always keep 100% or more if u dont consider the bp :rofl:

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Fanatics needs to get more high end vintage to really benefit from this. Alt getting all of the big wotc collections.

Huh, Fanatics has high-end vintage every week?

Alt’s recent auctions seem to be from a single consignment/collection and usually aren’t the norm. On average I would say Fanatics has more high-end stuff.

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Shaping up to be trollandtoad 2.0 which I am all for I miss that site

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How does getting paid in FanCash affect capital gains taxes for sellers?

It wouldn’t make a difference. Sales still go towards 1099. Now earning funds as fan cash then spending fan cash should be a 1 for 1 write off

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Good point, so this is why I wondered how, for auctions, payout in fan cash amount differs from regular to account funds. For instance, for simple math purposes, if hammer sold price of an auction item is 10 dollars, and that would make it 12 dollars including the buyer premium, how much in fan cash would seller get? (Things to consider, there is some fine print in the old tables for fanatics for fee structure that states they get minimum of 3 dollars for each sale but this confuses me as it seems to me to contradict the “100%”+ percentages in the table)

apparently its the full thing so the “100%” in this case is actually 120% they are giving u idk… :rofl: so if u sell less than u buy on their i guess u can just use the fancredits

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