PWCC vault?

[KingFisk]

Originally Posted by ullmandds

Gee! Considering most of us here are collectors...i actually like to physically possess the cards i buy/own. So for me this is a nonstarter not even a discussion .

I was poking around the investment advisory pages on the PWCC website last night and the word "joyless" came to mind. I don't begrudge anyone trying to make money but for me collecting is more about history and personal fulfillment.

Sent from my SM-G960U1 using Tapatalk

[conor912]

I have a ton of questions about this, but I just realized I don't even care enough to type them all out. To each their own...even if their own is stupid.

[Peter_Spaeth]

Originally Posted by KingFisk

I was poking around the investment advisory pages on the PWCC website last night and the word "joyless" came to mind. I don't begrudge anyone trying to make money but for me collecting is more about history and personal fulfillment.

Sent from my SM-G960U1 using Tapatalk

New world. In their (IMO baseless and disingenuous) defense of the altered PSA 4.5 Mantle that they posted on Blowout, they refer to it as an "asset." Good Lord.

[Leon]

I will be devil's advocate, a little bit. There are many who will find the investment aspect of collecting to be insane, stupid, or worse. However, I am also sure there are quite a few who think it's not a bad idea. The one thing I think I got out of college was learning that my view is often not shared by many, or even most, and that's ok. I am more than happy to share my collecting space with anyone who wants to do so in an honest and transparent way. Investor, collector, whatever.... The more the merrier. And if we don't think there are investors coming into our hobby then we are either naive or stupid, one of the two. I like what Brent is doing even if most of it isn't for me personally. Also, after getting to know Brent a little better there is no doubt in my mind that when he makes a mistake, as we all do, he will fix it quickly.

Originally Posted by KingFisk

I was poking around the investment advisory pages on the PWCC website last night and the word "joyless" came to mind. I don't begrudge anyone trying to make money but for me collecting is more about history and personal fulfillment.

Sent from my SM-G960U1 using Tapatalk

[Peter_Spaeth]

Do you like his defense of the altered 4.5 Mantle? To summarize, soaking and pressing a corner is "conservation" because it moves the card closer to its original state.

[Leon]

Originally Posted by Peter_Spaeth

Do you like his defense of the altered 4.5 Mantle? To summarize, soaking and pressing a corner is "conservation" because it moves the card closer to its original state.

Of course not. Soaking and pressing isn't something I would condone or approve of. To me that is just too much. I could see soaking gunk off of a card and have done so.

[Peter_Spaeth]

Originally Posted by Leon

Of course not. Soaking and pressing isn't something I wouold condone or approve of. To me that is just too much. I could see soaking gunk off of a card and have done so.

So your unqualified praise of Brent has at least a footnote, oh but I disagree with him on his position on a 50K+ card he is now auctioning.

[Peter_Spaeth]

By the way, I assume you can ship any card you win anyplace to the vault, not just from PWCC? Or is that not right.

[Leon]

Originally Posted by Peter_Spaeth

So your unqualified praise of Brent has at least a footnote, oh but I disagree with him on his position on a 50K+ card he is now auctioning.

Did I ever say I agree with everything ANYONE says? There is no doubt you and I, Brent and I, and anyone else and I, see differently on many things. I don't agree with messing with cards much at all. The things which are deemed ok by most, which we have discussed ad nauseum, are the ones I don't mind.

[ullmandds]

Originally Posted by Leon

I will be devil's advocate, a little bit. There are many who will find the investment aspect of collecting to be insane, stupid, or worse. However, I am also sure there are quite a few who think it's not a bad idea. The one thing I think I got out of college was learning that my view is often not shared by many, or even most, and that's ok. I am more than happy to share my collecting space with anyone who wants to do so in an honest and transparent way. Investor, collector, whatever.... The more the merrier. And if we don't think there are investors coming into our hobby then we are either naive or stupid, one of the two. I like what Brent is doing even if most of it isn't for me personally. Also, after getting to know Brent a little better there is no doubt in my mind that when he makes a mistake, as we all do, he will fix it quickly.

And how was that issue of blatant altering of a 36 wwg gehrig sold by pwcc a few years ago “fixed?”

[Peter_Spaeth]

Originally Posted by ullmandds

And how was that issue of blatant altering of a 36 wwg gehrig sold by pwcc a few years ago “fixed?”

PSA ultimately zapped the card, I believe. PWCC happily sold it without disclosure prior to that.

[calvindog]

Originally Posted by Peter_Spaeth

PSA ultimately zapped the card, I believe. PWCC happily sold it without disclosure prior to that.

You've got to crack a few eggs to make an omelette. Big investment returns don't fall off trees.

But send your cards to some vault in the middle of Oregon, sight unseen; after all, you're saving $200 in shipping and insurance when you need to sell that card that you just bought an hour ago. (The 10K in sales tax savings is not important and is NOT the main reason for the vault -- the ease of resale is). And sleep well at night knowing that CPA after CPA makes clear this is not a kosher tax move. Worst comes to worst, audits are fun: you get to meet new people you'd otherwise never cross paths with!

Every visionary like Brent was laughed at before they were revered.