This is an example of why PSA 8 and above cards sell for a premium. You can open a entire box of packs and pull very few centered, mint condition cards. It really shows you how difficult it is to actually find nicely centered, mint cards from the 70s and before.
Also for most unopened, the value lies in its unopened form. Opening the packs is pure gamble. Most times you wont get your money back, but there is always the chance you buy a box or pack with gem mint cards throughout or a gem mint HOF rookie card that graded a 9 or 10 pays for the entire box. Most times you dont, but sometimes you get lucky, just like going to the casino.
I enjoyed watching the rip and dont see a problem paying $20 for a chance to get lucky. Its not a wise use of $20, but its simply a gamble. Gambling is never wise, but it can be fun and if you get lucky it can pay off. For those who can afford it, buying an expensive wax box and opening it, may even have a better expected return then taking that same money to the casino and trying to get lucky and probably a lot more fun.
Although I missed out on this one, I would likely participate in more of these vintage breaks. They interest me much more than the modern breaks. I would prefer if you simply received a "slot" number rather than card number. So you were assured of getting a card. For example, you received card #3 in pack #5 of the box.
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