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  #1  
Old 05-13-2019, 06:58 PM
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Originally Posted by Peter_Spaeth View Post
At 10x you should put together and post a wantlist.
Quite honestly i'm holding out for the Vault Marketplace that will be available later this year. There is no doubt in my mind there will be superior examples of cards I need that fellow Net54 board members cannot even offer.
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  #2  
Old 05-14-2019, 04:56 AM
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Originally Posted by Goudey77 View Post
Quite honestly i'm holding out for the Vault Marketplace that will be available later this year. There is no doubt in my mind there will be superior examples of cards I need that fellow Net54 board members cannot even offer.
I'd bet dollar to donuts that "fellow Net54 members" will consign some of those cards. So your idea that we can't offer any "superior examples" seems quite ludicrous.
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  #3  
Old 05-14-2019, 05:14 AM
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I'd bet dollar to donuts that "fellow Net54 members" will consign some of those cards. So your idea that we can't offer any "superior examples" seems quite ludicrous.
Then its sour grapes when they don't sell for record prices.

Just to cover our bases for the next rehash
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  #4  
Old 05-14-2019, 06:49 AM
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Then its sour grapes when they don't sell for record prices.

Just to cover our bases for the next rehash
The "marketplace vault" is a "set your price" type deal. Like the BST board. Except things should sell for more through PWCC.
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  #5  
Old 05-14-2019, 06:53 AM
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The "marketplace vault" is a "set your price" type deal. Like the BST board. Except things should sell for more through PWCC.
I can only imagine how high prices are going to be...
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  #6  
Old 05-14-2019, 07:31 AM
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I can only imagine how high prices are going to be...
Quality work isn't cheap.
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  #7  
Old 05-14-2019, 07:38 AM
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Quality work isn't cheap.
.
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  #8  
Old 05-14-2019, 07:44 AM
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Originally Posted by Peter_Spaeth View Post
I can only imagine how high prices are going to be...
Quote:
Originally Posted by bnorth View Post
Quality work isn't cheap.
Goudey77:

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'Cause a pretty face got the best of me
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And gave it meaning and pure delight"

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Yeah yeah yeah"


(Yes indeed)
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  #9  
Old 05-14-2019, 07:43 AM
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Quote:
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I can only imagine how high prices are going to be...
Didn't Memory Lane experiment like that with something called "Own It Now"? How did that go? Are they still doing that?
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  #10  
Old 05-14-2019, 03:19 PM
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Originally Posted by bobbyw8469 View Post
I'd bet dollar to donuts that "fellow Net54 members" will consign some of those cards. So your idea that we can't offer any "superior examples" seems quite ludicrous.
From my understanding the vault marketplace will be for cards that are stored in the PWCC vault. It is also my understanding that Net54 members don't use use their services
If i'm wrong i'd welcome those who do use PWCC services reach out so we can privately discuss our experiences, ideas and strategies moving forward. It really is an exciting time to be back in the hobby.
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  #11  
Old 05-14-2019, 05:05 PM
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Hi Martin, I remember you posting about the cracket Jack price increases a month ago.


"I am shocked at the vcp data for how much prices have jumped in 2017, 2018. I cannot make sense of the erratic price on a card that has been around for over a hundred years. Price trends for 100 years do not support the new going rate."


I guess the answer is eye appeal. Also, I happened to notice you are in the Pacific NW, curious how far are you from Oswego Lake? A lot of strategies being discussed up there.
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  #12  
Old 05-14-2019, 08:24 PM
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Originally Posted by Republicaninmass View Post
Hi Martin, I remember you posting about the cracket Jack price increases a month ago.


"I am shocked at the vcp data for how much prices have jumped in 2017, 2018. I cannot make sense of the erratic price on a card that has been around for over a hundred years. Price trends for 100 years do not support the new going rate."


I guess the answer is eye appeal. Also, I happened to notice you are in the Pacific NW, curious how far are you from Oswego Lake? A lot of strategies being discussed up there.
I’m an Oregon resident. Nothing but a coincidence. It’s a hot market for the west coast.
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  #13  
Old 05-14-2019, 05:07 PM
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And it gets even better, PWCC promised today to stop dealing with card doctors!! Of course, I guess that's sort of an admission that they have been, but whatever. The glass is half full, or at least a quarter.
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Last edited by Peter_Spaeth; 05-14-2019 at 05:07 PM.
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  #14  
Old 05-14-2019, 05:12 PM
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Quote:
Originally Posted by Goudey77 View Post
From my understanding the vault marketplace will be for cards that are stored in the PWCC vault. It is also my understanding that Net54 members don't use use their services
If i'm wrong i'd welcome those who do use PWCC services reach out so we can privately discuss our experiences, ideas and strategies moving forward. It really is an exciting time to be back in the hobby.
I spoke to a former IRS agent from the Criminal Investigation Unit today and I explained to him what Brent is doing with his vault. He told me I must have rocks in my head to think that is legal. Notice I am not inserting a winkie emoji, Martin.

Last edited by calvindog; 05-14-2019 at 05:19 PM.
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  #15  
Old 05-14-2019, 05:21 PM
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I spoke to a former IRS agent from the Criminal Investigation Unit today and I explained to him what Brent is doing with his vault. He told me I must have rocks in my head to think that is legal. Notice I am not inserting a winkie emoji, Martin.
To paraphrase Mark Antony.

But Brady says it's not about sales tax, and Brady is an honorable man.
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  #16  
Old 05-14-2019, 05:27 PM
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Originally Posted by Peter_Spaeth View Post
To paraphrase Mark Antony.

But Brady says it's not about sales tax, and Brady is an honorable man.
Sales tax? What sales tax? You mean the vault allows people to evade tax? Oh my god what an awesome unintended benefit!
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  #17  
Old 05-14-2019, 05:47 PM
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If you keep profits in your all new PWCC money market account, you dont have to pay tax on those either. He's moving to the Caymans
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  #18  
Old 05-14-2019, 09:44 PM
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Quote:
Originally Posted by calvindog View Post
I spoke to a former IRS agent from the Criminal Investigation Unit today and I explained to him what Brent is doing with his vault. He told me I must have rocks in my head to think that is legal. Notice I am not inserting a winkie emoji, Martin.
May I remind you that this vault is a multi million dollar investment by the company. Probably wise to do research before making assumptions and getting counsel from random professionals on the matter. Because the due diligence has absolutely been done by those with skin in the game.
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  #19  
Old 05-14-2019, 10:08 PM
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Originally Posted by Goudey77 View Post
May I remind you that this vault is a multi million dollar investment by the company. Probably wise to do research before making assumptions and getting counsel from random professionals on the matter. Because the due diligence has absolutely been done by those with skin in the game.
It's unfortunate a similar level of due diligence was not done with all the consignors PWCC now has to sever ties with (or claim to) to try to save its battered reputation.
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  #20  
Old 05-14-2019, 10:08 PM
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Originally Posted by Goudey77 View Post
May I remind you that this vault is a multi million dollar investment by the company. Probably wise to do research before making assumptions and getting counsel from random professionals on the matter. Because the due diligence has absolutely been done by those with skin in the game.
Would it be better if I spoke to a top NY criminal defense attorney?
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  #21  
Old 05-14-2019, 10:23 PM
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Here is the basic contour of the issue from an online source.

Just remember, avoiding the tax at checkout doesn’t mean you’ve avoided it forever. You are liable for use tax if you bring the goods into your state or have them shipped to you. States historically didn’t enforce use tax except against businesses, but that’s changing. Many state income tax forms now collect use tax, and remember, you sign tax returns under penalty of perjury.

I would be surprised if all the cards being shipped to the vault are going to be resold through the marketplace particularly those purchased at record prices. I suspect a high percentage will be shipped from PWCC to their owners.
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He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt.

Last edited by Peter_Spaeth; 05-14-2019 at 10:26 PM.
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  #22  
Old 05-14-2019, 10:27 PM
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Would it be better if I spoke to a top NY criminal defense attorney?
Meh, random professional.
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  #23  
Old 05-14-2019, 10:53 PM
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Originally Posted by Goudey77 View Post
May I remind you that this vault is a multi million dollar investment by the company. Probably wise to do research before making assumptions and getting counsel from random professionals on the matter. Because the due diligence has absolutely been done by those with skin in the game.
You now have crossed the line, for me, to sounding like a company shill. I had given you the benefit of the doubt.
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  #24  
Old 05-14-2019, 11:16 PM
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You now have crossed the line, for me, to sounding like a company shill. I had given you the benefit of the doubt.
The posts from the guy criticizing the OP for how much he spent on a card crossed the line of what should be acceptable on this forum, in my opinion. The comment you quoted actually sounds accurate. I don't believe they would build the vault without looking into the legality and tax implications.
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  #25  
Old 05-14-2019, 09:47 PM
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Originally Posted by calvindog View Post
He told me I must have rocks in my head. Notice I am not inserting a winkie emoji, Martin.
Fixed it for you.
Having a little fun. Let’s loosen up this joint.
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  #26  
Old 07-22-2019, 07:22 PM
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I spoke to a former IRS agent from the Criminal Investigation Unit today and I explained to him what Brent is doing with his vault. He told me I must have rocks in my head to think that is legal. Notice I am not inserting a winkie emoji, Martin.
Oh the irony. What do you think of the vault now Mr. Lichtman?
Why don't snakes bite attorneys? Professional courtesy.
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Old 07-22-2019, 07:37 PM
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Oh the irony. What do you think of the vault now Mr. Lichtman?
Why don't snakes bite attorneys? Professional courtesy.
I think the vault is a joke. Just like you.
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  #28  
Old 07-22-2019, 07:57 PM
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What of anything that Jeff has posted makes you think his opinion of the Vault has changed (of all things)?
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  #29  
Old 07-22-2019, 08:11 PM
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I think the vault is a joke. Just like you.
Sorry if I hurt your feelings

Good on you for fighting the fight.
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