Now open for single, graded trading cards
$750+, the eBay vault enables collectors to streamline and secure
their assets
SAN
JOSE, Calif., June 7, 2022
/PRNewswire/ -- Today, eBay, a global commerce leader that connects
millions of buyers and sellers around the world, announces the
launch of the eBay vault – a 31-thousand square foot, 24/7 secured,
temperature controlled facility and digital marketplace for
collectors. Beginning today, single, graded trading cards $750+ are
eligible for eBay vault access.
The eBay vault is the latest in a series of significant
innovations that eBay has introduced to its enthusiasts, bringing
together physical and digital capabilities that makes collecting
more advanced than ever. The eBay vault not only enables users to
manage their collections effectively and efficiently, but fosters
the ability to engage in fractionalization while bringing an added
layer of trust and confidence to every transaction through eBay's
Authenticity Guarantee.
"eBay is the only marketplace that has more than two decades of
deep collectibles category expertise," said Dawn Block, VP Collectibles, Electronics and
Home at eBay. "As we continue to see exponential growth in the
category as enthusiasts merge their passions with investment
opportunities, the eBay vault is a critical offering that will let
collectors streamline and securely store their portfolio of assets.
It's truly the future of collecting."
Prospective buyers can easily identify cards that are already
stored in the eBay vault via the vault badge in the listing, while
buyers browsing eligible cards not already housed in the vault will
have the ability to opt-in when completing their purchase. eBay
vault eligibility requires assets to have been bought for $750+ in
the U.S., purchased directly on eBay, and graded by top graders in
the category, including: Professional Sports Authenticator (PSA);
Sportscard Guaranty Corporation (SGC); Certified Collectibles
Group's affiliates, CGC Trading Cards, Certified Sports Guaranty
(CSG); and Beckett Grading Services (BGS).
Once an item is in the eBay vault, "instant sales" becomes a
reality with ownership transferring from seller to buyer in a
matter of seconds, and no need to re-authenticate or ship the item
anywhere. This is crucial for enthusiasts and investors who are
buying and selling coveted cards in real-time during a game. With
no shipping delay, collectors are able to buy and sell in the midst
of critical plays, in the final minutes of a tight game, and
immediately on the heels of a trade or retirement announcement.
Moreover, with eBay's Price Guide and Collections tool natively
built-in, eBay vault users are able to monitor the real-time market
valuation changes of their portfolios, and list items directly from
their Collection. eBay's extensive data catalog provides a holistic
view of a collection's past and present value, offering
unprecedented assessment, evaluation, and tracking
capabilities.
By 2023, the eBay vault will expand to include additional
collectibles categories and luxury goods. Within a few years, the
eBay vault is expected to hold up to $3
Billion in assets, making it one of the largest stores of
non-governmental assets in the world.
With the launch of the eBay vault, the company is delivering an
unparalleled experience – offering benefits like instant transfer,
authentication, insurance, fractional ownership, affordable
shipping and a tax free storage location – and giving collectors
peace of mind and unprecedented control over their assets.
The eBay Vault for Trading Cards:
How it Works
- When a service-eligible purchase is made, the buyer instantly
becomes the owner once the card passes authentication, and can
choose to keep their card stored in the eBay vault or withdraw.
- To continue storage, ownership transfers from seller to buyer
in a matter of seconds and there's no need to re-authenticate or
ship the item anywhere. There is no time limit for storing in the
eBay vault as it's designed for long-term, secure storage.
- Cards destined for the eBay vault are required to go through
Authenticity Guarantee, at no cost. If a buyer opts to send their
purchase to the eBay vault, the seller will first ship the card to
be inspected by independent authentication experts.
- For withdrawal, the company's dedicated eBay vault team will
meticulously package the card and ship it to the buyer via tracked
shipping.
eBay is continuously listening to its growing community of
collectors to ensure the marketplace is delivering what enthusiasts
want and need. Earlier this year, eBay expanded its Authenticity
Guarantee service to trading cards and in 2021, the company debuted
industry-leading tools including Price Guide and Collection and
Image Scan.
Shop trading cards and learn more about the eBay vault at
www.ebay.com/vault. Follow the conversation with @eBayCollectibles
on Instagram and @eBay on Twitter, TikTok, YouTube and
Facebook.
eBay Trading Cards By the Numbers
- In 2021, Trading Cards GMV more than doubled pre-pandemic
levels.
- In Q1 2022, an average of 2 trading cards were purchased every
second on eBay.
- To date, over 10 million cards purchased on and off eBay have
been added to customer Collections.
- In addition, more than half a million buyers have used the
Price Guide tool in search to visualize trends for their favorite
trading cards.
- Top Trading Cards GMV Growth by Categories (Q1 2022):
-
- Collectible Card Games
-
- Non-Sports
-
- Harry Potter - 67%
- Game of Thrones - 49%
- Sports
-
- Mixed Martial Arts -
55%
- Wrestling - 10%
About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that
connects people and builds communities to create economic
opportunity for all. Our technology empowers millions of buyers and
sellers in more than 190 markets around the world, providing
everyone the opportunity to grow and thrive. Founded in 1995 in
San Jose, California, eBay is one
of the world's largest and most vibrant marketplaces for
discovering great value and unique selection. In 2021, eBay enabled
over $87 billion of gross merchandise
volume. For more information about the company and its global
portfolio of online brands, visit www.ebayinc.com.
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SOURCE eBay Inc.