Goldin Vault vs. PWCC Vault

[isiahfan]

What about fireproof/waterproof safes as an option? Insurance for what I have is more than car and house insurance combined.....and it is a one-time cost.

[blametony]

Originally Posted by isiahfan

What about fireproof/waterproof safes as an option? Insurance for what I have is more than car and house insurance combined.....and it is a one-time cost.

I do have my cards in a fireproof safe. It helps with the insurance rates, but I would still keep insurance, even with a safe.

[MattyC]

I go safety deposit box and insured (Collect Insure). I sleep real well with both.

[rjackson44]

Horrible idea

[Rhotchkiss]

I have never used a vault service. But that’s just bc I want my cards with me. If you don’t mind not physically possessing your cards, I see no problem with using a vault, either PWCC, Goldin or anyone else (I think REA may have one too). Especially for the reasons you state- no sales tax (assuming it’s in a no tax state), no need to insure, ease of resale (if you like the AH/Vault) and you probably get a break on fees. I think the vault is a great idea for investors or collectors who don’t need the physical card - I bet in the old days people would have loved to pay some secure 3rd party to hold their paper stock certificates.

[bnorth]

Either choice would be excellent. Both have done so many great things to advance the card industry.

[notfast]

Is not being able to handle/touch your cards worth $500 a year savings? Nope. Not at all IMO.

Plus your insurance covers other stuff as well.

[D. Bergin]

Originally Posted by bnorth

Either choice would be excellent. Both have done so many great things to advance the card industry.

LOL, I especially love the little scam some vault owners run, where they buy your item on Ebay using their vault address to avoid sales tax, and then ask you to ship to their physical address, so they can have it in their hands anyways.

It's just fantastic!