Quote:
Originally Posted by Johnny630
Collectors I know are not interested in using this kind of service. They want the cards in their possession. Investors/Day Traders May Be Intrigued by this Kind of Like Buying Stock on Leverage, take out a loan against your cards in their vault. If they drop your SOL, you still owe back the loan difference Once they sell your card at less than your loan. I guess this is where we are at...PWCC THE NEW BROKERAGE HOUSE FOR TRADING CARD ASSETS. WHAT A BEAUTIFUL STORY.
PWCC THE E TRADE OF SPORT CARD'S
|
True, but say they buy a '33 Goudey Ruth card for $33K off Ebay. Sending it to a vault in a state with no sales could easily save them $2K-$3K or more, in sales tax they would otherwise have to pay. You may have to leave the Ruth in the vault for a while, but you could buy a few more items with that saved money, no?