NOTHING IS SAFE! eBay and PSA Just Changed Everything (Market Update)

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  • čas přidán 20. 08. 2024
  • My eBay Store: www.ebay.com/s... (Affiliate Link)
    When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
    NOTHING IS SAFE! EBAY AND PSA JUST CHANGED EVERYTHING . . .
    Recently eBay and PSA announced a business partnership with eBay acquiring Goldin Auctions and PSA acquiring the eBay. As a result of this partnership, collectors and businesses will now have the ability to immediately sell their newly graded PSA cards directly on eBay through the PSA Vault system. No more having to create listings, take photos, package items, or maintain sales records!
    However, many are concerned about the impact this news will have on the Pokemon market. With eBay and PSA already acquiring other competitors like TCGPlayer and SGC Grading, concerns about a collectibles monopoly have been a topic of conversation. In this video, I offer my thoughts and speculations on the eBay and PSA deal including it's short term and long term effects on the Pokemon market.
    Thanks for watching,
    Pokemon Classics
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Komentáře • 76

  • @Tatesparks
    @Tatesparks Před 4 měsíci +17

    Thank you for the explanation. It’s hard for normal/casual collectors to understand what all this means. You’re the best

  • @Pr1zzm
    @Pr1zzm Před 4 měsíci +20

    I don't like this. PSA suddenly having a vested interest in the value of cards puts them into a biased position. This will give them quite a bit of power to manipulate the market in their favor. The collectibles industry continues to get more and more sketchy, smh.

    • @VGCTCGLover
      @VGCTCGLover Před 4 měsíci +1

      Bingo

    • @CedarsPC
      @CedarsPC Před 4 měsíci +3

      I've always only collected raw and will continue. To me it's about the love of the cards and the game.

    • @jacobmckenzie3854
      @jacobmckenzie3854 Před 3 měsíci

      WATA all over again

  • @mitchellalexander1581
    @mitchellalexander1581 Před 4 měsíci +7

    Yea, they're pretty much removing buyer sentiment from the buying and selling process. With less people holding the cards in their hands the value of said cards will be more arbitrary than ever in the eyes of investors. The market will be collectors, and people exploiting the collectors.

  • @PlayersVaultTCG
    @PlayersVaultTCG Před 4 měsíci +3

    You made a great point when stating that this new affiliation could eventually drive market prices down for graded cards. Imagine a graded card only having 10 listings on ebay as of today, then in a few months it increases to 100+. I can see it driving prices down with the oversaturation. It might be a good idea, short term, for the sellers. But long term, not too sure.

    • @pokemon_classics
      @pokemon_classics  Před 4 měsíci

      That's my suspicion . . . I could be totally wrong, but supply and demand is more complicated than how many copies exist: it's how many copies are readily available and how motivated are sellers to move them.

  • @brianroberts6957
    @brianroberts6957 Před 4 měsíci +3

    There's too much focus on grading and the "value" it provides. (in the hobby generally atm)

  • @naturesepyon
    @naturesepyon Před 4 měsíci +7

    In a few years collectibles will get government regulation like the stock market at this rate.

  • @TheNoobzoid
    @TheNoobzoid Před 4 měsíci +2

    PSA is the most popular for all the worst reasons. PSA should at least update those slabs with that bank they are making.

  • @defil3d
    @defil3d Před 3 měsíci

    Definitely would have a hit on modern. We’ll have to see how this impacts vintage. There are tons of older collectors who aren’t eBay savvy when going to cash out. This change definitely benefits them and may see vintage coming in too

  • @qualaup
    @qualaup Před 4 měsíci +17

    F*ck eBay. Their fees are outrageous.

    • @tainanking
      @tainanking Před 4 měsíci +5

      They could at least just take the percentage from the base price and not the price after taxes the buyer pays. Sold a 3600 card. I paid 500 in fees. So lovely😢

    • @qualaup
      @qualaup Před 4 měsíci

      @@tainanking Maffia.

  • @JuanDiaz-hw9ts
    @JuanDiaz-hw9ts Před 4 měsíci +3

    Love the details to your thoughts and the way you explain things. Huge fan keep up the great work.

  • @happyeggroll5267
    @happyeggroll5267 Před 4 měsíci +4

    My beckett black label is better than the PSA 10s 😅😅😅 great video as always, my dude. Like and share this!

  • @gemmintguy7669
    @gemmintguy7669 Před 3 měsíci

    Great meeting you in Minnesota thanks 💯

  • @DK-BayBay
    @DK-BayBay Před 4 měsíci +1

    idc about graded cards at all, but it would be nice if i buy a grail card or something as a gift and want it graded before it arrives to me. would save the hastle of paperwork and sending out multiple times. if anything this could help consumers due to competition and lower prices, but i feel like raw market is going to take a hit. and thats what i collect. slabs are boring to me and i really dont enjoy paying a markup for an opinion on a cards condition, when i just want it for my binder or display case. the "value" doesnt mean anything to me because i dont sell or plan on selling anything I purchase.

    • @pokemon_classics
      @pokemon_classics  Před 4 měsíci +1

      That’s totally fair. I prefer slabs for my big chase cards, but love binders for everything else. Being able to remove and physically handle cards is always a gratifying experience.

  • @paulpearson7801
    @paulpearson7801 Před 4 měsíci

    Super awesome info! Thanks for looking into data for the community. Love the honesty as well. We need more of that in this world

  • @Dr.Magikarp
    @Dr.Magikarp Před 4 měsíci +2

    Wow yea this might be something like a quazi-monoploy

  • @mattjohnson849
    @mattjohnson849 Před 3 měsíci

    Very interesting theory & I very much enjoyed the video!

  • @JoeGCards
    @JoeGCards Před 4 měsíci

    might as well by more ebay shares. fees are mad crazy on low sales but they buying all the competitors

  • @OldManGame
    @OldManGame Před 4 měsíci

    Dont forget COMC with PSA CGC and eBay also.

  • @tdmorton29
    @tdmorton29 Před 4 měsíci

    Really great content! Very humble perspective and agree about the initial skepticism. I hope we’re wrong but we shall see!

  • @andrewtobias4545
    @andrewtobias4545 Před 4 měsíci +1

    I hate it. I honestly couldn’t care less about the 3-5 day difference in terms of flipping bc the profit margins are arguably lower without the eBay vault fee free selling.

    • @pokemon_classics
      @pokemon_classics  Před 4 měsíci

      I never actually used the eBay Vault, but it was obviously superior for sellers. More fees often hurt the consumer too.

  • @AussieToyHunter
    @AussieToyHunter Před 4 měsíci

    Another mind meld for us ebayers.😮

  • @dnatal09
    @dnatal09 Před 4 měsíci

    Thanks for the info!

  • @RichardKuoLive
    @RichardKuoLive Před 4 měsíci

    Always appreciate your vids brother. Keep it up!

  • @KetchumAllCollectibles
    @KetchumAllCollectibles Před 4 měsíci +5

    Soulless flipping who would like that. 🤖

    • @pokemon_classics
      @pokemon_classics  Před 4 měsíci +1

      Dan-bot has appeared! Seriously though, you're one of the most engaged and genuine people in this hobby. Definitely more than a soulless mathematical automaton.

    • @KetchumAllCollectibles
      @KetchumAllCollectibles Před 4 měsíci

      @@pokemon_classics haha collector Dan still lives within and will make a glorious return one of these days. Collector Dan has taken over the stein space at least for now

  • @GoobNoob
    @GoobNoob Před 4 měsíci

    TELAPORT is not being absorbed in eBay through a buyout

  • @bryanlee6065
    @bryanlee6065 Před 4 měsíci +3

    1:14 notification sound

    • @pokemon_classics
      @pokemon_classics  Před 4 měsíci

      I couldn't edit it out. Sorry.

    • @lilosiddiqi3050
      @lilosiddiqi3050 Před 4 měsíci +2

      DUDEEEEEEE I WAS SEARCHED MY PHONE AND PC FOR WHERE THE FUK THAT SOUNDS WAS COMING FROM...

    • @pokemon_classics
      @pokemon_classics  Před 4 měsíci +2

      @@lilosiddiqi3050 My apologies, I record my audio through my PC. I didn't notice the sound while recording.

    • @lilosiddiqi3050
      @lilosiddiqi3050 Před 4 měsíci

      @pokemon_classics not a problem :)

  • @user-zc9xk7zz6p
    @user-zc9xk7zz6p Před 4 měsíci

    wish it was easier to grade in CA

  • @Hyper-Reality
    @Hyper-Reality Před 3 měsíci

    Get ready for a crash... Mass liquidating is coming for multiple reasons. Not just mass slabbing of brand new products with more lenient grading bias to help eBay margins... But also the fact that all the 1999 kid -> Adults with Money will also eventually transition to retirement liquidation.
    Certain tier collections could be best liquidated immediately as I write this.

  • @Liquid_Rage
    @Liquid_Rage Před 4 měsíci

    TCA is huge in graded cards and eBay - I wonder what his thoughts are as well

    • @pokemon_classics
      @pokemon_classics  Před 4 měsíci

      I’m not sure how extensively Rusty was using the eBay Vault, but I’m also curious to hear his thoughts. He has way more expertise than I do. One of my favorite and most respected people in the hobby!

  • @moonboy5851
    @moonboy5851 Před 4 měsíci

    How is the vintage sealed market going?

  • @davidisgoliathTV
    @davidisgoliathTV Před 4 měsíci

    hit the nail on the head!

  • @CollectorReddo
    @CollectorReddo Před 4 měsíci

    I haven't had a card graded before (plan to shortly) but gather PSA is by far the most popular choice for people. They will take an even larger market share with this move, BUT, the amount of cards in circulation won't increase, there's only a finite supply of each copy of card without re-prints of contemporary expansions being taken into account. Turn around times at PSA may increase and it may mean the acquisition of other grading companies in the near future by PSA , but that isn't a bad thing.

  • @dcsoda1
    @dcsoda1 Před 4 měsíci

    Seems all bad to me. Fewer options is rarely good.

  • @markpotter7056
    @markpotter7056 Před 4 měsíci

    This is just a monopolistic way for eBay to control the markets.

  • @Churmander
    @Churmander Před 4 měsíci

    takes humility to say he's been wrong before. that's good when someone can admit they aren't always right. ebay authentication is always worth the wait, there's too much shady business on ebay. i wish they'd authenticate for even lower amounts. lol and who actually "smells" their cards lol

  • @Icex7
    @Icex7 Před 3 měsíci

    Monopolies destroying small businesses one day at a time. 😇

  • @B0H0
    @B0H0 Před 4 měsíci

    Does not effect the normal collector, frankly the normal collector doesn't even know this happened or cares.

  • @burnhotrobinson8418
    @burnhotrobinson8418 Před 4 měsíci

    I've got a huge vintage collection Diamond and Pearl era unplayed nm or better. Anyone want my Alakazam #99 Gold Star? I'll send pics of them if you want to send me an offer. I sold my Mew and Raikou Gold stars. I have 2000+ cards.

  • @TeddyCWT
    @TeddyCWT Před 4 měsíci

    This seems a terrible idea imo. You’re giving the right to your cards to PSA and EBay, I would not be surprised if they store all your cards then change their T&Cs to profit more from you. In the uk you’re only allowed to earn £6k before everything else is subject to tax at the nominal rate of %20.

  • @jahrastaeasygaming2372
    @jahrastaeasygaming2372 Před 4 měsíci

    I graded 30 cards with cgc... with subgrades...
    Oh I learned a lesson..lost all my money.
    I think these people literally owe me 900$..

    • @jahrastaeasygaming2372
      @jahrastaeasygaming2372 Před 4 měsíci

      some of the cards seemingly went DOWN in value!!! ha ha ha ha .. how the flipping...

  • @darkbread777
    @darkbread777 Před 4 měsíci

    Just a case of your hobby has gone mainstream and now others are looking to maximize profits.

  • @natethegreat534
    @natethegreat534 Před 4 měsíci

    Your card has to be worth $250 or more to be able to be submitted to the vault

    • @pokemon_classics
      @pokemon_classics  Před 4 měsíci +3

      Not anymore, that was before PSA acquired the Vault.

  • @CedarsPC
    @CedarsPC Před 4 měsíci

    Never been a fan of grading ever. You won't like my opinion well I'm aware it's an unpopular opinion. Here's my hot take. "Grading is for people who don't like cards"

    • @pokemon_classics
      @pokemon_classics  Před 4 měsíci +1

      It doesn’t matter if I like your opinion, you’re still welcome to share it. Personally, I love cards and grading, but that’s just me.

    • @CedarsPC
      @CedarsPC Před 4 měsíci

      @@pokemon_classics I love that! Thank you for being welcoming 😀 I'm happy to be here 😊

    • @monochromenight8943
      @monochromenight8943 Před 3 měsíci +1

      Do you aay that because they won't be played? Or for another reason?

    • @CedarsPC
      @CedarsPC Před 3 měsíci

      @@monochromenight8943 I plan on making a video about this in the future... I'd rather not get into it here in a comment ;)

    • @monochromenight8943
      @monochromenight8943 Před 3 měsíci +1

      @@CedarsPC Well. I subscribed. You better make that video lmao.

  • @tioh5915
    @tioh5915 Před 4 měsíci

    I would really love it if ebay bought PSA. Then they could destroy it so that grading companies in Europe would have some space in the market to grow. That would be great.

  • @palkys.
    @palkys. Před 4 měsíci

    My instinct always told me to avoid grading at all costs.
    It's a scam. A blatant way to steal money from an already especulative hobby.
    I blame whoever buys a plastic case (that you cant even open!) For premium price.
    I do hope the graded market crashes.

    • @pokemon_classics
      @pokemon_classics  Před 4 měsíci +3

      I strongly disagree with this statement (there are many benefits to grading), but you’re entitled to your opinion. I’m willing to acknowledge there are concerns and recently some potential conflicts of interests, but that doesn’t invalidate the benefits. To call it all a scam is hyperbole.

  • @RestoSexual
    @RestoSexual Před 4 měsíci

    This was just a matter of time really with the vault being a thing

  • @devsterdog
    @devsterdog Před 4 měsíci

    Auctioning off all my cards on ebay ENDS APRIL 21 estes-place-outfitters Many Base Set Error Cards