PWCC expands its lending activities - Net54baseball.com Forums

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#11

09-09-2022, 01:20 PM

Kidnapped18 Kidnapped18 is offline

Ton.y Be.ll

Join Date: Sep 2019

Location: Alabama

Posts: 492

Quote:

Originally Posted by BobbyStrawberry

The vault thing combined with this loan scheme amounts to basically an online casino, no? I don't see the appeal of card collecting if you never even get to possess the items...

It is similar to owning stocks and bonds these days. You buy what you want and look at it online in your Vault account. I personally have not held a stock certificate in over 20 years and have not held a bond in over 5 years. But I still have ownership of the stocks and bonds. Baseball cards are viewed as assets/investments now whether the "traditional" collector realizes or not. More and more "new" collectors view collecting this way. Whether they get burned or not in the long run well only time will tell...

__________________
Tony

Collecting:
1909-1911 T206 Southern Leaguers
1914 Cracker Jack Set (94 out of 145)

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