“It’s Not Illegal” Isn’t Good Enough + Hobby Trust on Trial + House Bids vs Shill Bids
We pivot from auction ethics to the field: why some sellers use fourth-party consignors for marketing/storytelling, how that hype can shape comps, and where hidden reserves and so-called house bids blur the line with shilling. We also debate the eBay Authenticity bottleneck—security benefits vs. week-long delays even on graded cards—and when BIN/Best Offer beats auction “dopamine.” Then a data-driven NFL checkpoint: which QBs are over-/under-achieving vs. preseason expectations, how MVP narratives (stats, legacy, redemption arcs) move prices, and where Prizm PSA-10s look hot or frothy.
What you’ll learn
Why fourth-party consigning can lift visibility—and when it risks artificial comps
How reserves/house bids influence auction behavior and perceived market value
A practical bidding playbook: set ceilings, use BIN/BO strategically, and time bids
The trade-off on eBay Authenticity (protection vs. speed) and a case for optional use
NFL QB market snapshot: surprise leaders, MVP lanes, and pricing tells in modern chrome
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
50:49
--------
50:49
Auction Fine Print Exposed: Shill Tactics, Hidden Reserves, and Comp Chaos
We dive deep into the shill bidding storm and the auction-house fine print driving it. What many call “house bids” to defend reserves can feel indistinguishable from shilling to buyers. We unpack how reserves, house bidding, and employee-bidding policies really work, why they matter for comp integrity, and how one-off headline results (like the Baltimore News Babe Ruth) can distort value in a thin market.
Then we zoom out to solutions: how to set a ceiling and stick to it, when to favor BIN/Best Offer over auctions, and how to sanity-check comps using trade frequency, condition/eye appeal premiums, and platform context. We also tackle the eBay Authentication Program—security benefits vs. painful delays—and whether it should be optional. Plus: a quick vintage lesson on why a sharp 1950 Bowman Ted Williams in a lower grade can outshine numerically higher slabs, and thoughts on marketplace changes like Probstein → SNYPE and what that might mean for liquidity and fees.
Highlights
Shill bidding vs. house bids: ethics, optics, and the fine print
Reserves explained and how they influence bidder behavior
Protecting yourself: ceilings, BIN/BO strategy, comp validation
eBay Authentication: safeguard vs. slowdown—and the case for making it optional
Vintage insight: paying up for eye appeal (and when it’s worth it)
Marketplace shifts (SNYPE, eBay) and potential impact on comps and trust
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
48:04
--------
48:04
Shill bidding reality check: how reserves and house bids shape prices
Sports Cards Live episode 287, Part 1. Jeremy sits down with Joe Poirot to kick off the night, then Leighton Sheldon jumps in for a deep dive on the headline sale of the 1914 Baltimore News Babe Ruth that just hammered around 4M after a prior 7.2M comp. We unpack why rare does not always equal iconic, how schedule issues compare to Goudey Ruths, and what “value” means when a card trades so infrequently.
From there we zoom out to the auction landscape: shill bidding realities, house bidding on behalf of consignors, and reserves—how they work, where they are disclosed, and how buyers can protect themselves. Jeremy shares a Classic Auctions mail day, completing a 1952 Parkhurst “flight” with Rocket Richard alongside Gordie Howe, Terry Sawchuk, and Tim Horton, plus a fun pickup of game-used Mats Sundin gloves. We also touch on Probstein moving off eBay to SNYPE, Fanatics vault strategies, and using Card Ladder to sanity-check comps.
What you’ll learn
Why the Baltimore News Ruth can lag iconic appeal despite extreme rarity
How auction house reserves and house bids can affect bidding behavior
Practical tactics to limit shill exposure set a ceiling price and stick to it
How “flight collecting” works as a middle path between set and type collecting
Vintage hockey targets in 1951–52 Parkhurst and why they resonate
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
44:59
--------
44:59
Can’t Afford the PSA Upcharge on a Monster Pull? + Is That Predatory or Capitalism? + Collector Therapy: Beating the No-Mailday Blues
Chat goes nuclear on PSA upcharges: what happens when you pull a monster and can’t afford the fee—do you sell the card to pay PSA? We tackle “predatory vs free market,” whether fees should be based on raw value (not the grade PSA assigns), guarantee caps and submitter exclusions, SGC/Beckett “a grade behind” takes, and why some collectors want a flat-fee or opt-out guarantee. We close with practical drought hacks—enjoying your existing PC, dollar-box therapy, and balancing content consumption vs actually playing with your cards.
Learn more about your ad choices. Visit megaphone.fm/adchoices
--------
47:36
--------
47:36
PSA’s Business Model Exposed: Upcharges, Insurance, and Guarantees—Collectors Fire Back + “Buy the Card, Not the Slab” Rant
Community crossfire with Chris McGill & Josh Adams. Joe signs off and we sprint through 70+ starred comments: Is PSA’s upcharge model fair capitalism or a predatory practice? Would a flat-fee grading tier solve the rage (and reduce cheap slabs)? Who actually benefits from the PSA guarantee—and why doesn’t the submitter get it? We dig into Nat Turner’s pre-ownership take vs today, authenticity vs condition guarantees, and the collector vs flipper divide. Jeremy also shares a real $6,000 guarantee payout story—and the designer-clothes analogy for why slabs drive value even though the card hasn’t changed.
Highlights
Flat-fee grading idea: demand control, less plastic, fewer low-value slabs
Free market lens vs “predatory” framing—who’s choosing to pay?
Guarantee realities: per-card and lifetime caps, submitter exclusion
“Buy the card, not the slab” vs registry/set-building culture
Do changing standards make old grades obsolete? Expiring-grade thought experiment
Collector feedback as a feature, not a bug—why companies should listen
Learn more about your ad choices. Visit megaphone.fm/adchoices
These are the audio tracks from Sports Cards Live (on YouTube). Host and lifelong collector Jeremy Lee is joined by passionate collectors, industry insiders, hobbypreneurs, content creators to educate, inform, entertain, and inspire hobbyists of all genres and experience. Sports Cards Live is an interactive livestream video podcast where you are part of the show as your comments and questions are in play.