Business
The RealReal Expands into Trading Cards and Comics Grading Services with Partnership with Beckett Collectibles
First-of-its-kind partnership will provide expedited grading services exclusively for TRR consignors SAN FRANCISCO, July 27, 2022 (GLOBE NEWSWIRE) -- The
About this update from The Realreal, Inc.
[{"type":"text","content":"First-of-its-kind partnership will provide expedited grading services exclusively for TRR consignors\nSAN FRANCISCO, July 27, 2022 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today announced its exclusive partnership with Beckett Collectibles to provide expedited grading services exclusively for customers of The RealReal. In 2021, The RealReal expanded its business by launching its Collectibles category, selling items from comic books and trading cards, to figures and skate decks. In 2022 alone, search demand within the collectibles category has more than doubled, with consignments increasing by more than 48% since the start of the year. To meet the needs of the consignors in its growing category, The RealReal is partnering with Beckett Collectibles to offer comic book and trading card grading services. “We’re excited to be expanding our services within the collectibles sector, a category we see endless potential and growth possibilities in. We’re committed to a seamless, frictionless selling process and since the launch of our Collectibles category last year, we knew that we wanted to expand into grading services,” explains Mayank Hajela, Senior Director of Men’s Merchandising, The RealReal. “Beckett is a highly respected, innovative industry leader and we couldn’t think of a better partner to co-develop a unique grading and authentication experience for collectors nationwide. We’re looking forward to refining and elevating the standards of luxury consignment for both our and Beckett’s customers.” Beckett Collectibles is the premiere, high-in-demand grading destination with services booking out months in advance. Through this exclusive partnership, The RealReal and Beckett will provide a unique advantage to TRR customers by offering: Expedited grading services: between seven to ten daysIntegrated consignment experience: from grading, to photography, pricing and listing, TRR does all of the heavy lifting on behalf of its consignors and shoppersDiscounted rate: an exclusive rate of $25 regardless of genre, category, size, quantity or valueCommission on sales: Graded comic book and trading card consignors can earn up to 85% on the item’s final selling price “We’re thrilled to be partnering with TheRealReal and bringing our trusted grading services to...