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Jan. 25, 2022, 8:16 a.m. EST

Ebay to begin authenticating trading cards sold for $750 or more in the U.S.

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By Tonya Garcia

Ebay Inc. /zigman2/quotes/204653455/composite EBAY -2.30% said Tuesday that it is expanding its "Authenticity Guarantee" to trading cards. The e-commerce site will start with trading cards sold for $750 or more by mid-2022, and will extend the guarantee to those sold for $250 or more after that. The service also includes handbags sold for $500 or more, watches sold for $2,000 or more, and sneakers sold for $100 or more. Trading cards are one of eBay's top selling categories, with $2 billion in transactions for the first half of 2021. Cards put through the authentication process will receive a unique QR code to affirm its resale value. Ebay stock is up 4.2% over the past year while the S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.35% has gained 14.4% for the period.

/zigman2/quotes/204653455/composite
US : U.S.: Nasdaq
$ 44.15
-1.04 -2.30%
Volume: 5.09M
May 24, 2022 2:21p
P/E Ratio
N/A
Dividend Yield
1.99%
Market Cap
$25.30 billion
Rev. per Employee
$953,333
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/zigman2/quotes/210599714/realtime
US : S&P US
3,920.01
-53.74 -1.35%
Volume: 1.46B
May 24, 2022 2:21p
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