eBay updates it's Vault for submissions
Online giant eBay is expanding and streamlining the availability of its eBay vault secure storage offering.
The e-commerce giant is introducing a new trading card submission service for its eBay vault. Initially announced in March 2022, the eBay vault is a 31,000-sq.-ft., 24/7 secured, temperature-controlled facility and digital marketplace for collectors.
Collectors, investors and professional sellers can now submit eligible graded cards valued at $250 or more directly to the vault. The new service expands eligibility for the vault beyond cards directly purchased on the marketplace, and also covers graded autograph, relic, and patch cards.
How eBay vault submission works
Customers can choose to send eligible cards by mail, or drop off in-person. They can input submission details using the eBay app, a web-based form, or via spreadsheet. Cards from multiple categories (sports trading cards, collectible card games or non-sports trading cards) can be shipped in one submission.
Customers can then review and confirm submission details. There are no submission fees in 2023, and follow the instructions for packaging and shipping, or for drop-off.
Submission progress can be tracked online with regular order confirmation, shipping confirmation, and authentication update emails along the way.
When a service-eligible purchase is made, the buyer instantly becomes the owner once the card passes authentication, and they 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.