Goldin Vault vs. PWCC Vault

[MattyC]

I go safety deposit box and insured (Collect Insure). I sleep real well with both.

[rjackson44]

Horrible idea

[Rhotchkiss]

I have never used a vault service. But that’s just bc I want my cards with me. If you don’t mind not physically possessing your cards, I see no problem with using a vault, either PWCC, Goldin or anyone else (I think REA may have one too). Especially for the reasons you state- no sales tax (assuming it’s in a no tax state), no need to insure, ease of resale (if you like the AH/Vault) and you probably get a break on fees. I think the vault is a great idea for investors or collectors who don’t need the physical card - I bet in the old days people would have loved to pay some secure 3rd party to hold their paper stock certificates.

[bnorth]

Either choice would be excellent. Both have done so many great things to advance the card industry.

[notfast]

Is not being able to handle/touch your cards worth $500 a year savings? Nope. Not at all IMO.

Plus your insurance covers other stuff as well.

[bnorth]

Originally Posted by notfast

Is not being able to handle/touch your cards worth $500 a year savings? Nope. Not at all IMO.

Plus your insurance covers other stuff as well.

As a collector I agree with the bold part. Now if you are just in it to make money and avoid taxes why would you even want to see them let alone have to care for them?

[Leon]

Originally Posted by bnorth

As a collector I agree with the bold part. Now if you are just in it to make money and avoid taxes why would you even want to see them let alone have to care for them?

I like to smell and fondle my cards. Can't do that if I don't have them.
.

[D. Bergin]

Originally Posted by bnorth

Either choice would be excellent. Both have done so many great things to advance the card industry.

LOL, I especially love the little scam some vault owners run, where they buy your item on Ebay using their vault address to avoid sales tax, and then ask you to ship to their physical address, so they can have it in their hands anyways.

It's just fantastic!

[icurnmedic]

Originally Posted by D. Bergin

LOL, I especially love the little scam some vault owners run, where they buy your item on Ebay using their vault address to avoid sales tax, and then ask you to ship to their physical address, so they can have it in their hands anyways.

It's just fantastic!

Not possible, if the seller is smart.
Must be shipped to the "Vault" to avoid taxes.

Absolutely not aimed at anyone particular.

[parkplace33]

Are there costs associated with having your cards in either vault?