🔍 Launch of Fanatics Collect
Fanatics, a digital sports platform and e-commerce giant, announced the launch of its new marketplace, Fanatics Collect. This platform is designed to connect buyers and sellers of trading cards and memorabilia through both fixed-price listings and auctions. The launch includes "a comprehensive range of services for collectors," said Fanatics CEO Nick Bell.
💼 Replacing PWCC Brand
With the introduction of Fanatics Collect, Fanatics has retired the PWCC brand. All services previously offered by PWCC, such as auction and fixed-price listings, vaulting, and grading and authentication, are now provided by Fanatics Collect. "The launch of Fanatics Collect is the next step in our commitment to creating the best experiences for collectors," stated Bell.
📈 Key Features and Services
Fanatics Collect offers a flat seller fee of 6% for cards priced under $120. Collectors can also buy and sell through weekly and monthly auctions. The marketplace promises "the most secure and technologically advanced vaulting services" in the industry. Collectors can have raw cards graded and authenticated through partnerships with PSA, CGC, Beckett, SGC, and MBA.
🤝 Part of a Larger Division
Fanatics Collect is part of Fanatics Collectibles, which was launched in 2021 and is valued at over $10B. This division includes trading card firm Topps, acquired in 2022, and is led by Mike Mahan. Fanatics Collectibles has long-term deals with major US sports leagues and players' associations, including MLB, NBA, and NFL.
Will Fanatics Collect become the go-to for collectors?
