Fees (Effective 10 June 2019)
There are NO FEES for trading cards within your Pit account. Fees are assessed ONLY when you convert your Pit Trade Credits into a Cash Withdrawal (10% fee).
Card Deposit Fee: 20 cents per card (minimum of $1 per package). This fee defrays the costs of inspecting each card.
In very limited instances, thePit.com may charge the customer credit card on
file to cover penalty fines as indicated below.
If you sell a card that is not in your account at the time of your Sale Trade
you must send your card(s) to thePit.com to settle
the Sale Trade within 2-3 business days. No short selling is allowed, as you cannot buy from
thePit.com to fulfill your obligation. If the card is not sent before
the alloted time stated above, a penalty of up to $25 AND 5% of the sell price at the time of execution and
other possible fees will be charged to your credit card on file.
Additionally, thePit.com reserves the right to freeze any account from further
trading if there are unsettled sale trades for more than five days.
If you submit a check that bounces, a $25 penalty will be charged to the credit
card on file.
ThePit is a California company, and non-California Pit customers are not subject to sales taxes. California customers are not charged sales tax until they request delivery of their Pit purchases, and then tax is assessed based on the current market value of the items to be delivered. If the customer has
a CA State Resale Certificate on file with thePit.com, then the tax charge will be reversed upon request.
To protect our customers, thePit.com will only ship cards to the billing address for the credit card on file. Customers are responsible for all associated shipping, handling, and insurance fees. The system will indicate how much the shipping fees will be at the time a shipping request is processed and will not allow such request to be processed if the account balance is insufficient to cover the shipping fees.
thePit.com offers two shipping options; the shipping options and applicable rates are listed below along with the Insurance rate.
Rates Effective December 30, 2020
Pit Shipping Fees are calculated based on a Base Fee plus a Unit Fee applied to the number and type of items to be delivered, as below:Base Fee Per Shipment
First Class USPS $5
Next Day Air $40Item Fees Per Unit
$0.25 per Ungraded Card ($0.50 for Next Day Air)
$0.60 per Graded Card ($1.20 for Next Day Air)
$1.50 per Uncirculated Card ($3.00 for Next Day Air)
$8 per Hobby Box ($16 for Next Day Air)ThePit does not currently support shipping outside the United States.
USPS Signature Confirmation is automatically added to all outgoing
shipments valued at $500 or greater, and a related fee of $2.00 is added to the total.
The insurance charge is $0.35 per $100 of insurance coverage purchased after the first $100. The first $100 of value is insured at no charge. Insurance is mandatory and appropriate charges are automatically added to ship fees at the time of request.
Shipping Example: The Shipping Fee for 10 Graded cards worth a total of $500 by USPS First Class option would be $14.75. First Class Base $5 + 10 Graded Cards (10 x .60 = $6) + Signature Required Fee $2 + Insurance (5 x .35 = $1.75) for Total of $14.75.