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

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  • Опубліковано 3 жов 2024
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    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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КОМЕНТАРІ • 76

  • @Tatesparks
    @Tatesparks 5 місяців тому +17

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

  • @qualaup
    @qualaup 5 місяців тому +17

    F*ck eBay. Their fees are outrageous.

    • @tainanking
      @tainanking 5 місяців тому +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 5 місяців тому

      @@tainanking Maffia.

  • @naturesepyon
    @naturesepyon 5 місяців тому +7

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

    • @Darko0699
      @Darko0699 5 місяців тому

      😂😂😂

  • @Pr1zzm
    @Pr1zzm 5 місяців тому +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 5 місяців тому +1

      Bingo

    • @CedarsPC
      @CedarsPC 5 місяців тому +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 5 місяців тому

      WATA all over again

  • @mitchellalexander1581
    @mitchellalexander1581 5 місяців тому +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.

  • @brianroberts6957
    @brianroberts6957 5 місяців тому +3

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

  • @TheNoobzoid
    @TheNoobzoid 5 місяців тому +2

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

  • @KetchumAllCollectibles
    @KetchumAllCollectibles 5 місяців тому +5

    Soulless flipping who would like that. 🤖

    • @pokemon_classics
      @pokemon_classics  5 місяців тому +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 5 місяців тому

      @@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

  • @happyeggroll5267
    @happyeggroll5267 5 місяців тому +4

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

    • @pokemon_classics
      @pokemon_classics  5 місяців тому +2

      BGS Black Label is the final boss for sure!

  • @PlayersVaultTCG
    @PlayersVaultTCG 5 місяців тому +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  5 місяців тому

      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.

  • @defil3d
    @defil3d 5 місяців тому

    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

  • @tdmorton29
    @tdmorton29 5 місяців тому

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

  • @JoeGCards
    @JoeGCards 5 місяців тому

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

  • @DK-BayBay
    @DK-BayBay 5 місяців тому +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  5 місяців тому +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.

  • @JuanDiaz-hw9ts
    @JuanDiaz-hw9ts 5 місяців тому +3

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

  • @burnhotrobinson8418
    @burnhotrobinson8418 5 місяців тому

    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.

  • @Hyper-Reality
    @Hyper-Reality 5 місяців тому

    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.

  • @Dr.Magikarp
    @Dr.Magikarp 5 місяців тому +2

    Wow yea this might be something like a quazi-monoploy

  • @dnatal09
    @dnatal09 5 місяців тому

    Thanks for the info!

  • @darkbread777
    @darkbread777 5 місяців тому

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

  • @AussieToyHunter
    @AussieToyHunter 5 місяців тому

    Another mind meld for us ebayers.😮

  • @markpotter7056
    @markpotter7056 5 місяців тому

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

  • @mattjohnson849
    @mattjohnson849 5 місяців тому

    Very interesting theory & I very much enjoyed the video!

  • @andrewtobias4545
    @andrewtobias4545 5 місяців тому +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  5 місяців тому

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

  • @RichardKuoLive
    @RichardKuoLive 5 місяців тому

    Always appreciate your vids brother. Keep it up!

  • @MICHAELMEDEIROS-v1x
    @MICHAELMEDEIROS-v1x 5 місяців тому

    wish it was easier to grade in CA

  • @OldManGame
    @OldManGame 5 місяців тому

    Dont forget COMC with PSA CGC and eBay also.

  • @bryanlee6065
    @bryanlee6065 5 місяців тому +3

    1:14 notification sound

    • @pokemon_classics
      @pokemon_classics  5 місяців тому

      I couldn't edit it out. Sorry.

    • @lilosiddiqi3050
      @lilosiddiqi3050 5 місяців тому +2

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

    • @pokemon_classics
      @pokemon_classics  5 місяців тому +2

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

    • @lilosiddiqi3050
      @lilosiddiqi3050 5 місяців тому

      @pokemon_classics not a problem :)

  • @TeddyCWT
    @TeddyCWT 5 місяців тому

    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.

  • @moonboy5851
    @moonboy5851 5 місяців тому

    How is the vintage sealed market going?

  • @GoobNoob
    @GoobNoob 5 місяців тому

    TELAPORT is not being absorbed in eBay through a buyout

  • @Icex7
    @Icex7 5 місяців тому

    Monopolies destroying small businesses one day at a time. 😇

  • @paulpearson7801
    @paulpearson7801 5 місяців тому

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

  • @Churmander
    @Churmander 5 місяців тому

    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

  • @B0H0
    @B0H0 5 місяців тому

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

  • @dcsoda1
    @dcsoda1 5 місяців тому

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

  • @gemmintguy7669
    @gemmintguy7669 5 місяців тому

    Great meeting you in Minnesota thanks 💯

  • @Liquid_Rage
    @Liquid_Rage 5 місяців тому

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

    • @pokemon_classics
      @pokemon_classics  5 місяців тому

      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!

  • @jahrastaeasygaming2372
    @jahrastaeasygaming2372 5 місяців тому

    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 5 місяців тому

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

  • @davidisgoliathTV
    @davidisgoliathTV 5 місяців тому

    hit the nail on the head!

  • @CollectorReddo
    @CollectorReddo 5 місяців тому

    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.

  • @tioh5915
    @tioh5915 5 місяців тому

    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.

  • @natethegreat534
    @natethegreat534 5 місяців тому

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

    • @pokemon_classics
      @pokemon_classics  5 місяців тому +3

      Not anymore, that was before PSA acquired the Vault.

  • @CedarsPC
    @CedarsPC 5 місяців тому

    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  5 місяців тому +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 5 місяців тому

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

    • @monochromenight8943
      @monochromenight8943 5 місяців тому +1

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

    • @CedarsPC
      @CedarsPC 5 місяців тому

      @@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 5 місяців тому +1

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

  • @palkys.
    @palkys. 5 місяців тому

    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  5 місяців тому +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 5 місяців тому

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

  • @devsterdog
    @devsterdog 5 місяців тому

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