eBay Vault storage facility set to launch in Q3

Soon, US sellers can use eBay Vault to store trading cards, collectables and eventually luxury goods. eBay have announced that the 31 thousand square foot secure storage facility, accompanied by a digital marketplace for trading cards and collectibles will launch in Q3.

The market for trading cards and collectibles continues to accelerate, and eBay is the biggest trading platform for these categories. Our headline announcement today was the eBay Vault, coming next quarter. This is a 31 thousand square foot, secure storage facility and digital marketplace for trading cards and collectibles, with plans to expand into luxury goods.

– Jordan Sweetnam, SVP + General Manager, Americas Market

The eBay Vault

The vault will offer the following benefits:

Secure Storage – The vault is climate-controlled, insured, and protected with 24-hour security, Two-step verification keeps your account and transactions ultra-secure and Items inside are carefully handled by dedicated professionals.

Seamless buying – Eligible graded cards on eBay can be sent directly to the vault at checkout, Cards already in the vault and listed for sale will have a vault badge on the listing. Buy the card, keep it in the vault, and it’s instantly yours. Or, buy it and have it shipped to you from the vault. Sales taxes will not be charged for items sent to or traded within the eBay vault and you can easily view and manage your eBay vault portfolio with the eBay Collection beta tool.

Hassle-free selling – It’s easy to sell from the eBay vault with high-quality images and pre-populated listings. Sellers will benefit from expert packing and insured shipping, all handled by eBay.

Built-in trust – Everything stored is backed by Authenticity Guarantee, so you can be sure it’s genuine. Independent professionals inspect and document every card before it’s shipped to the vault.

As explained in an announcement on eBay’s community page, once an item is in the eBay Vault, customers know their valuables are secure and “instant sale” becomes possible. While many customers will keep their items in the vault for years, once it is in the vault, then ownership can transfer from seller to buyer in a matter of seconds – without the need to re-authenticate, re-package or ship the item anywhere. This unlocks a new way to engage with eBay: imagine instantly buying and selling cards and sports memorabilia as a great new rookie lands a play in the final minutes of a tight game.

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