COMC has launched the first batch of its planned weekly auctions on eBay with consignors to the company’s new platform offering everything from current rookie cards to vintage Hall of Famers.
Earlier this year, COMC announced plans to offer the option to users who can simply shift items from their current inventory on the website to the auction platform by a single mouse click. Customers can also ship items to the company on consignment.
COMC had planned to start all of the items in its initial offering on Sunday night, but cited “overwhelming response” to a decision to space the listings out over the course of the week. As of Wednesday, about 3,300 cards were listed for auction.
Each auction opens at 99 cents and runs for seven days with COMC handling the creation of each listing, communication with bidders as well as packaging and shipping. In outlining its auction details earlier this year, COMC touted its use of high-resolution, lightbox style photos of the front and back of each card.
Among the first listings: a 2004 SP Signature Edition Authentic Dual Signatures 2/25 LeBron James/Kobe Bryant; a 2003 Topps Chrome #111 Lebron James BGS 9.5; a 2003 Topps #221 Lebron James rookie BGS 9.5; rookie cards of Luka Doncic and Ronald Acuna, vintage rookie cards of Ernie Banks, Frank Robinson, Mike Schmidt and Nolan Ryan and dozens of modern era autograph and relic cards.
Only single cards are accepted for consignment and the company is suggesting that only cards with a minimum value of $25 or more be submitted. There is a minimum transaction fee of $3.50 per card and collectors who choose to “cash out” their auction proceeds are charged a 10% fee. Those who choose to keep the money in their COMC account and use it to purchase other cards on the website will save that fee.