Goldin Vault

[BobC]

Originally Posted by Peter_Spaeth

Perhaps in the not too distant future all new cards will be issued only in electronic form and you'll store them in a wallet in the cloud, or whatever the jargon is. The upside would be no need for TPGs.

Now that would be a shame if they only issued cards in electronic form. Many times holding, touching, being able to feel things, and maybe being able to even smell them actually triggers a lot more memories and feelings than just viewing a digital image of something. How many times have you heard of a son who bought a particular card with his since departed father, and what holding and looking at that card now means to him. Doubt those same memories and feelings would always be there if we're talking about digital images instead. Would also do away with going to shows or shops. If you're just buying a digital image there's no need to ever go anywhere as long as you have a computer or cellphone with internet access. A huge part of the hobby is the hunt and interaction with others. Doing everything digitally would really appeal most to investing and flipping types, and take even more away from the hobby aspect. Hope that never happens.

[BobC]

Getting back to the Goldin "Vault", the main topic of this thread, I've always heard others mention how AHs very often had direct pipelines to TPGs in order to more quickly get items graded by the TPG and ready to be auctioned off. Also seems I remember some people would say that because of their volume and recurring use of these TPG grading services that they suspected some AHs would get not just preferential service and treatment from the TPG(s) they used, but maybe also more favorable grading of items they submitted. Not sure this would be the thinking currently due in large part to the pandemic and the impact its had on TPGs and grading in general, but if that thinking still exists, is one of the potential services Goldin's "Vault" could provide be to get raw cards that people have stored in the "vault" graded by a TPG for them? I do not know, but has anyone seen or heard if this may be offered as an added"vault" service by Goldin?

[mrreality68]

Originally Posted by BobC

Getting back to the Goldin "Vault", the main topic of this thread, I've always heard others mention how AHs very often had direct pipelines to TPGs in order to more quickly get items graded by the TPG and ready to be auctioned off. Also seems I remember some people would say that because of their volume and recurring use of these TPG grading services that they suspected some AHs would get not just preferential service and treatment from the TPG(s) they used, but maybe also more favorable grading of items they submitted. Not sure this would be the thinking currently due in large part to the pandemic and the impact its had on TPGs and grading in general, but if that thinking still exists, is one of the potential services Goldin's "Vault" could provide be to get raw cards that people have stored in the "vault" graded by a TPG for them? I do not know, but has anyone seen or heard if this may be offered as an added"vault" service by Goldin?

That would be a Great Benefit for those using the vault if it were possible.

But for me it is still not 100% clear how the rest of it works and if is really worth me doing.

Like others I like to have easier access to the Cards I enjoy to look at them and share the viewing with my friends and family

[A2000]

I'd be interested in this service just so I can use my George Costanza voice and say, 'IT'S IN THE VAULT BABY!!"

https://www.youtube.com/watch?v=_COs...hwartedeff0rts

[BeanTown]

What companies currently offer a vault? If the choice is between Goldin and Pwcc then I would use Goldin for sure.

[Republicaninmass]

Originally Posted by BobC

Getting back to the Goldin "Vault", the main topic of this thread, I've always heard others mention how AHs very often had direct pipelines to TPGs in order to more quickly get items graded by the TPG and ready to be auctioned off. Also seems I remember some people would say that because of their volume and recurring use of these TPG grading services that they suspected some AHs would get not just preferential service and treatment from the TPG(s) they used, but maybe also more favorable grading of items they submitted. Not sure this would be the thinking currently due in large part to the pandemic and the impact its had on TPGs and grading in general, but if that thinking still exists, is one of the potential services Goldin's "Vault" could provide be to get raw cards that people have stored in the "vault" graded by a TPG for them? I do not know, but has anyone seen or heard if this may be offered as an added"vault" service by Goldin?

One should ask Nat Turmer about the Lebron James card at the national.


Presented without comment

[Peter_Spaeth]

Originally Posted by Republicaninmass

One should ask Nat Turmer about the Lebron James card at the national.


Presented without comment

If no comment, how about some context?

[Republicaninmass]

Originally Posted by Peter_Spaeth

If no comment, how about some context?

Only conjecture and hearsay counselor

Sent from my SM-N950U using Tapatalk

[Peter_Spaeth]

PWCC says it received $100 million in vault submissions at the National. Business is good! According to my math and their report of 7800 items, that works out to a staggering 12K per item.

[BeanTown]

Originally Posted by Peter_Spaeth

PWCC says it received $100 million in vault submissions at the National. Business is good! According to my math and their report of 7800 items, that works out to a staggering 12K per item.

Do you believe what they say

[samosa4u]

Originally Posted by Peter_Spaeth

PWCC says it received $100 million in vault submissions at the National.

That's INSANE!

[BobC]

Originally Posted by Peter_Spaeth

PWCC says it received $100 million in vault submissions at the National. Business is good! According to my math and their report of 7800 items, that works out to a staggering 12K per item.

Hmmm....at that value I would initially think that no sales tax would have had a lot to do with those vault submissions. But if these were submissions they received at the National, the owners would have already paid any sales tax due, so that can't be it. Would guess these submissions are mostly by flippers or others looking/expecting to sell in the near future, and not by more traditional collectors then who would more likely want actual/closer possesion of their valuable cards. Assuming they plan to use PWCC then for eventual sale, and likely made the submissions at the National for ease and convenience since they were going to be there, and then not also incur the cost/risk of having to mail their items to PWCC in Oregon. And some submissions could have been from acquisitions made at the National for real convenience.

Personally, unless I was using it to get around sales taxes, or planning all along to consign items to PWCC for sale at some point, I just don't see the attraction or advantage of using PWCC's "vault". Is there something I'm missing and not seeing/realizing that would be attracting such sizable submissions to PWCC at the National then if it was not simply for convenience or to save on sales taxes, especially in light of some of the questions and potential issues that have been discussed in this thread?