Goldin Vault

[Johnny630]

Come On Man !

[mrreality68]

Just got an email on the Goldin Vault. Need to research it to see what the pro's and con's are.
The only other I am aware of is PWCC on Ebay and have reservations about them

[Johnny630]

IMO I Avoid.

I don’t like having my cards tied up in someone else’s hands, ie Auction House it seems like these AH’s are trying to be a brokerage account that’s not something I’m comfortable with my cards being tied up in. Each major auction house wants to ensure that you only use them this is a way for them to have leverage over the competition. They don’t want you thinking we’ll try this one try that one no we want you here. Plus I don’t flip-flop in and out of my cards like I'm at a trading desk. That's all I see with these vault type situations list relist list relist in and out. Nah I'll pass

[mrreality68]

Originally Posted by Johnny630

IMO I Avoid.

I don’t like having my cards tied up in someone else’s hands, ie Auction House it seems like these AH’s are trying to be a brokerage account that’s not something I’m comfortable with my cards being tied up in. Each major auction house wants to ensure that you only use them this is a way for them to have leverage over the competition. They don’t want you thinking we’ll try this one try that one no we want you here. Plus I don’t flip-flop in and out of my cards like I'm at a trading desk. That's all I see with these vault type situations list relist list relist in and out. Nah I'll pass

Very good points. Thanks
For the most part I rarely flip cards unless I can upgrade or get a key card I really want.

With that being said it never hurts to do my research to see the pro’s and con’s as it may work for myself or others.

[Exhibitman]

The vault idea is a manifestation (metastasis?) of the investment mindset. Why own a card if all you have is a scan of it? I am not crazy about the fact that my good cards are in a bank or even that I have to play with them in plastic holders. Not having them at all...might as well buy f***ing Tesla stock instead.

[Jay Wolt]

Some buyers like to avoid sales tax & I'm sure if you win a lot at Goldin, there will be no shipping fees if you place it in their vault.
That's how PWCC does it.

Me, I like to have my purchases sent to me & I open them like Xmas gifts.
Wouldn't want to take that away.

[bnorth]

Originally Posted by Jay Wolt

Some buyers like to avoid sales tax & I'm sure if you win a lot at Goldin, there will be no shipping fees if you place it in their vault.
That's how PWCC does it.

Me, I like to have my purchases sent to me & I open them like Xmas gifts.
Wouldn't want to take that away.

+1 Bought an insanely rare card of my favorite player from a fellow member recently. I was expecting it to arrive while I was away. I had just finished loading my travel trailer to go camping for the week. My mail lady showed up early with the card so it was like Christmas here 2 Mondays ago.

[Johnny630]

Originally Posted by Jay Wolt

Some buyers like to avoid sales tax & I'm sure if you win a lot at Goldin, there will be no shipping fees if you place it in their vault.
That's how PWCC does it.

Me, I like to have my purchases sent to me & I open them like Xmas gifts.
Wouldn't want to take that away.

Yeah but when you get that check back from the Sale you have to claim it as income. So short term sales tax sure long term your still gonna have to pay. I’ll keep my cards safe and sound with me :-).

[Snapolit1]

Originally Posted by Exhibitman

The vault idea is a manifestation (metastasis?) of the investment mindset. Why own a card if all you have is a scan of it? I am not crazy about the fact that my good cards are in a bank or even that I have to play with them in plastic holders. Not having them at all...might as well buy f***ing Tesla stock instead.

Well I guess with one of these new outfits you could buy a 1/5,000th share of a sweet card is a plastic holder held by someone else. Imagine what a gas that would be!