Quote:
Originally Posted by jayshum
I've never used a vault for a card I purchased, but I would guess avoiding sales tax on a large purchase is the main reason people would use one.
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I think there are some people who also use it to accelerate the selling process for something that they expect to want to sell in the near future. Send it to the vault, and then quickly flip it. I *think* that some vaults even give you a break on selling fees.
Some people also just keep some of their more valuable cards at a safety deposit box. I'm not convinced that a vault is really all that different.
I think if I were going to be away for a while, I might also consider a vault. Like if I was heading out on sabbatical or for a military or work assignment for a few years, or moving to a foreign country to try living there, then rather than stick my cards in storage or bring them with me, I might think about a vault.
03-27-2025, 10:31 AM
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