Disclaimer: This article is for informational and entertainment purposes only. It is not financial advice. Please do your own research before making any financial or purchasing decisions.
Background
During my one (and only) experience joining a break, I pulled a Francisco Alvarez / Mike Piazza Topps Chrome dual auto /5. While I was happy just to get any card, as I had only joined because I had $125 in Fanatics Live credit, I didn’t think it was a huge card at the time. While both players are popular (Piazza in particular), other factors made me believe the card would be worth less: both players are catchers, Alvarez is a solid player but not even an All Star, and it was ungraded.
My initial plan was to send it in for grading; however, before doing that, I decided to list it on Veriswap. I’ve seen Veriswap advertised on Youtube channels such as Sports Card Investor so I had an account already set up. However, I’d never actually used it before since most of my other cards are stored in other platform’s vaults.
Initial Expectations
While there were no direct comps for the card, I chose $300 as my asking price based on a couple of other similar sales I’d seen: a raw Frank Thomas & Carlton Fisk dual auto /5 for $260, and a PSA 9 Corbin Carroll & Jordan Lawlar /5 (a rookie) for $349. I figured $300 was a price that could potentially start a discussion, but not one that I expected to be the final sale price.
The Offer and Transaction
To my surprise, within a few hours of listing, I received a full-price $300 offer. The transaction process on Veriswap was mostly smooth—though I had trouble accepting the offer on my phone, it worked fine on my laptop. Veriswap typically charges a 3% fee ($9 in this case), but I had a $15 coupon, so that fee was waived. There’s also a 2.9% Stripe fee split between buyer and seller, so my payout on the card is ~$296, not including the ~$5 for shipping.
Once the sale was accepted, I had 48 hours to ship the card. Veriswap provided the shipping label, but I had to pack the card myself. Given that I just shipped out the card today, I’m still waiting for the trade to officially be processed and for the funds to hit my account.
Why Veriswap Stands Out
It seems like Veriswap is a particularly useful platform for selling raw cards. The platform fees are much lower than eBay or other similar marketplaces. I also appreciate that Veriswap is primarily built around trading, which creates a community feel and offers more flexibility for collectors looking to swap or sell cards directly. For anyone looking to avoid high fees and explore trading options, Veriswap is definitely worth considering.
Veriswap Fee Structure
Veriswap applies different fees depending on the type of transaction:
- Fees for Trades:
- Sports cards: 2% of the declared value per transaction.
- Non-sports and raw cards: 3% of the declared value per transaction.
- Fees for Buy It Now / Cash Offers:
- Both buyers and sellers pay fees.
- Sports cards: 3% fee for both sides.
- Non-sports cards: 4% fee for both sides.
- Fees for Vaulted Trades:
- When both parties trade cards stored in the Veriswap Vault, fees are significantly reduced.
- Both users pay 1.5% each of the combined trade value, as no shipping is involved.
Final Thoughts
Overall, I was very pleasantly surprised by both the speed and value of the offer I received on Veriswap. Even after fees and shipping, my net is close to my asking price—and much higher than I expected based on comps. The process was easy, aside from a minor hiccup with the mobile interface, and I appreciated the streamlined shipping and payment workflow. For anyone looking to sell mid-end to high-end singles, or interested in trading, Veriswap is definitely worth a look.
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