Do you utilize a vault service for your cards?

[BobC]

Originally Posted by Peter_Spaeth

Yes i agree it's a smart thing to do, it makes documenting your ownership much easier for little time and money spent. What I don't know off the top of my head is how specific the filing needs to be, in other words, if your stored inventory changes constantly do you need to keep refiling/amending. I suspect the identification of what's yours needs to be precise but again I don't know that for sure.

I'd posed that exact question to Adam, and he agreed you would want to try and keep the filings up to date with your actual inventory of items on file with the Secretary of State's office being as accurate as possible. As I mentioned to him though, I doubt if many people would ever spend the time, effort, and money, to continually keep doing this, let alone making the initial UCC filing to begin with. But if you have enough value in cards/items sitting in a vault somewhere, better safe than sorry, right?

[Peter_Spaeth]

Originally Posted by BobC

I'd posed that exact question to Adam, and he agreed you would want to try and keep the filings up to date with your actual inventory of items on file with the Secretary of State's office being as accurate as possible. As I mentioned to him though, I doubt if many people would ever spend the time, effort, and money, to continually keep doing this, let alone making the initial UCC filing to begin with. But if you have enough value in cards/items sitting in a vault somewhere, better safe than sorry, right?

Yes.

[Snowman]

I occasionally send cards to a PWCC vault if I'm looking to upgrade them in my collection. That way, as soon as I find a replacement for them, I can just send the current copy to auction right away and put those funds toward the upgraded copy. But that's pretty much the only thing I use the vault for. I prefer being able to actually look at and enjoy my collection.

[mrreality68]

Originally Posted by Snowman

I occasionally send cards to a PWCC vault if I'm looking to upgrade them in my collection. That way, as soon as I find a replacement for them, I can just send the current copy to auction right away and put those funds toward the upgraded copy. But that's pretty much the only thing I use the vault for. I prefer being able to actually look at and enjoy my collection.

interesting usage. Never thought of that.
Not sure if I would do it but I can see that as a strategic move