@PaleElf said:
I like the vault for two reasons: 1) no sales tax on purchases and 2) no more paying for added insurance to store at home.
What I don't get is we are collectors by nature. What good is collecting if you don't have access to the collection?
They will send you your collection anytime you ask and you can ship back anytime. That is sufficient for me. It allows me to save a couple thousand a year in valuables insurance, which I can then spend on more cards.
@PaleElf said:
I like the vault for two reasons: 1) no sales tax on purchases and 2) no more paying for added insurance to store at home.
What I don't get is we are collectors by nature. What good is collecting if you don't have access to the collection?
They will send you your collection anytime you ask and you can ship back anytime. That is sufficient for me. It allows me to save a couple thousand a year in valuables insurance, which I can then spend on more cards.
To each their own, but as a collector, I want to have possession of my collectibles.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
@PaleElf said:
I like the vault for two reasons: 1) no sales tax on purchases and 2) no more paying for added insurance to store at home.
What I don't get is we are collectors by nature. What good is collecting if you don't have access to the collection?
They will send you your collection anytime you ask and you can ship back anytime. That is sufficient for me. It allows me to save a couple thousand a year in valuables insurance, which I can then spend on more cards.
To each their own, but as a collector, I want to have possession of my collectibles.
Just curious... Do you insure your at-home collection? My spouse is a lawyer and we insure everything, which has a major influence on my decision.
@PaleElf said:
I like the vault for two reasons: 1) no sales tax on purchases and 2) no more paying for added insurance to store at home.
What I don't get is we are collectors by nature. What good is collecting if you don't have access to the collection?
They will send you your collection anytime you ask and you can ship back anytime. That is sufficient for me. It allows me to save a couple thousand a year in valuables insurance, which I can then spend on more cards.
To each their own, but as a collector, I want to have possession of my collectibles.
Just curious... Do you insure your at-home collection? My spouse is a lawyer and we insure everything, which has a major influence on my decision.
Yes, I have a collectibles insurance plan with Collectibles Insurance Services (CIS). They are very reasonable and easy to work with and also save me money on postal insurance, too, as the policy covers packages in transit, also.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
@PaleElf said:
I like the vault for two reasons: 1) no sales tax on purchases and 2) no more paying for added insurance to store at home.
What I don't get is we are collectors by nature. What good is collecting if you don't have access to the collection?
They will send you your collection anytime you ask and you can ship back anytime. That is sufficient for me. It allows me to save a couple thousand a year in valuables insurance, which I can then spend on more cards.
To each their own, but as a collector, I want to have possession of my collectibles.
I suppose it makes sense if you are just flipping. Not having a card in my possession is like it’s not part of my collection. Seems pointless.
@PaleElf said:
I like the vault for two reasons: 1) no sales tax on purchases and 2) no more paying for added insurance to store at home.
What I don't get is we are collectors by nature. What good is collecting if you don't have access to the collection?
They will send you your collection anytime you ask and you can ship back anytime. That is sufficient for me. It allows me to save a couple thousand a year in valuables insurance, which I can then spend on more cards.
To each their own, but as a collector, I want to have possession of my collectibles.
Just curious... Do you insure your at-home collection? My spouse is a lawyer and we insure everything, which has a major influence on my decision.
Yes, I have a collectibles insurance plan with Collectibles Insurance Services (CIS). They are very reasonable and easy to work with and also save me money on postal insurance, too, as the policy covers packages in transit, also.
Don’t have a horse in this race but wine collectors have been burned in the past with offsite storage. If you have cards in third party storage, you should still carry insurance. If something were to happen to PWCC don’t assume their insurance would cover you, or that another creditor wouldn’t have priority on your collection, or that cards couldn’t disappear when times got tough.
Lots of examples of these things happening in other hobbies.
@PaleElf said:
I like the vault for two reasons: 1) no sales tax on purchases and 2) no more paying for added insurance to store at home.
They will send you your collection anytime you ask and you can ship back anytime. That is sufficient for me. It allows me to save a couple thousand a year in valuables insurance, which I can then spend on more cards.
So can you win cards, ship to the vault, and then a week later have them sent to your home? Is there a cost to take them out of the vault and sent to you (other than shipping costs)?
They will send you your collection anytime you ask and you can ship back anytime. That is sufficient for me. It allows me to save a couple thousand a year in valuables insurance, which I can then spend on more cards.
So can you win cards, ship to the vault, and then a week later have them sent to your home? Is there a cost to take them out of the vault and sent to you (other than shipping costs)?
I think It is either 30 or 60 days and then You can have them ship it to you. Not sure how the shipping works.
They will send you your collection anytime you ask and you can ship back anytime. That is sufficient for me. It allows me to save a couple thousand a year in valuables insurance, which I can then spend on more cards.
So can you win cards, ship to the vault, and then a week later have them sent to your home? Is there a cost to take them out of the vault and sent to you (other than shipping costs)?
I haven’t requested any sent back to me, so I don’t know. When I do, I will let you know. The tax incentive shipping directly to Oregon would surpass any fee to have them sent to me. For instance, yesterday I won a $1,000 card on eBay. Sending it to the vault in Oregon saved me over $80 in sales tax.
They will send you your collection anytime you ask and you can ship back anytime. That is sufficient for me. It allows me to save a couple thousand a year in valuables insurance, which I can then spend on more cards.
So can you win cards, ship to the vault, and then a week later have them sent to your home? Is there a cost to take them out of the vault and sent to you (other than shipping costs)?
I haven’t requested any sent back to me, so I don’t know. When I do, I will let you know. The tax incentive shipping directly to Oregon would surpass any fee to have them sent to me. For instance, yesterday I won a $1,000 card on eBay. Sending it to the vault in Oregon saved me over $80 in sales tax.
i've heard that you lose any and all buyer protections when shipping to third-party centers like shipmycards, comc and i would imagine pwcc. global shipping center & freight forwarders exempt. but have you inquired about this at all? pwcc could have an exemption bc of their preexisting ebay prescence, but i would still want to know for sure.
i believe i read about a fellow that would sent junk cards to any of his sales where the buyers address was comc or shipmycards. i think time finally caught up to him after years of fraud and finally got the boot but apparently he got away w it each and every time because of the loophole.
When the company goes belly up and all assets/properties are seized to pay off the creditors owed, what happens to the cards then? Would my cards be held in legal limbo for years? Would I have to be embroiled in a lengthy legal battle just to get my own cards back? Not worth the headache thinking about worst case scenarios. I'm fine with my cards in at home.
Stating the dreadfully obvious here but...man, has this "hobby" changed!
I can't believe the $ that has flooded the landscape in the last couple of years. Very few endeavors have reinvented themselves as profoundly as sportscard collecting.
"You've gotta be a man to play this game...but you'd better have a lot of little boy in you, too"--Roy Campanella
@BuckHunter68 said:
Stating the dreadfully obvious here but...man, has this "hobby" changed!
I can't believe the $ that has flooded the landscape in the last couple of years. Very few endeavors have reinvented themselves as profoundly as sportscard collecting.
Agreed. In some respects it has become a rich man’s hobby, especially over the last couple years.
@BuckHunter68 said:
Stating the dreadfully obvious here but...man, has this "hobby" changed!
I can't believe the $ that has flooded the landscape in the last couple of years. Very few endeavors have reinvented themselves as profoundly as sportscard collecting.
Agreed. In some respects it has become a rich man’s hobby, especially over the last couple years.
Certainly--and unfortunately for me, personally, it has become a hobby for the extraordinarily rich.
I have always had fairly expensive taste. "Expensive Taste" has been redefined by new money, and I wasn't consulted LOL
"You've gotta be a man to play this game...but you'd better have a lot of little boy in you, too"--Roy Campanella
@BuckHunter68 said:
Stating the dreadfully obvious here but...man, has this "hobby" changed!
I can't believe the $ that has flooded the landscape in the last couple of years. Very few endeavors have reinvented themselves as profoundly as sportscard collecting.
Agreed. In some respects it has become a rich man’s hobby, especially over the last couple years.
Certainly--and unfortunately for me, personally, it has become a hobby for the extraordinarily rich.
I have always had fairly expensive taste. "Expensive Taste" has been redefined by new money, and I wasn't consulted LOL
Don’t worry. Eventually the Fed will quit printing and money will start drying up. This will then take a hit with everything else and the prices will come down.
Comments
They will send you your collection anytime you ask and you can ship back anytime. That is sufficient for me. It allows me to save a couple thousand a year in valuables insurance, which I can then spend on more cards.
To each their own, but as a collector, I want to have possession of my collectibles.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Agreed.
Brian
Just curious... Do you insure your at-home collection? My spouse is a lawyer and we insure everything, which has a major influence on my decision.
Yes, I have a collectibles insurance plan with Collectibles Insurance Services (CIS). They are very reasonable and easy to work with and also save me money on postal insurance, too, as the policy covers packages in transit, also.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
I suppose it makes sense if you are just flipping. Not having a card in my possession is like it’s not part of my collection. Seems pointless.
Thanks! I will check them out.
Don’t have a horse in this race but wine collectors have been burned in the past with offsite storage. If you have cards in third party storage, you should still carry insurance. If something were to happen to PWCC don’t assume their insurance would cover you, or that another creditor wouldn’t have priority on your collection, or that cards couldn’t disappear when times got tough.
Lots of examples of these things happening in other hobbies.
I'd feel more secure handing my money over to Bernie Madoff than handing my cards over to PWCC.
So can you win cards, ship to the vault, and then a week later have them sent to your home? Is there a cost to take them out of the vault and sent to you (other than shipping costs)?
I think It is either 30 or 60 days and then You can have them ship it to you. Not sure how the shipping works.
I haven’t requested any sent back to me, so I don’t know. When I do, I will let you know. The tax incentive shipping directly to Oregon would surpass any fee to have them sent to me. For instance, yesterday I won a $1,000 card on eBay. Sending it to the vault in Oregon saved me over $80 in sales tax.
With him in jail they might be safer there.
i've heard that you lose any and all buyer protections when shipping to third-party centers like shipmycards, comc and i would imagine pwcc. global shipping center & freight forwarders exempt. but have you inquired about this at all? pwcc could have an exemption bc of their preexisting ebay prescence, but i would still want to know for sure.
i believe i read about a fellow that would sent junk cards to any of his sales where the buyers address was comc or shipmycards. i think time finally caught up to him after years of fraud and finally got the boot but apparently he got away w it each and every time because of the loophole.
When the company goes belly up and all assets/properties are seized to pay off the creditors owed, what happens to the cards then? Would my cards be held in legal limbo for years? Would I have to be embroiled in a lengthy legal battle just to get my own cards back? Not worth the headache thinking about worst case scenarios. I'm fine with my cards in at home.
Stating the dreadfully obvious here but...man, has this "hobby" changed!
I can't believe the $ that has flooded the landscape in the last couple of years. Very few endeavors have reinvented themselves as profoundly as sportscard collecting.
"You've gotta be a man to play this game...but you'd better have a lot of little boy in you, too"--Roy Campanella
Agreed. In some respects it has become a rich man’s hobby, especially over the last couple years.
Certainly--and unfortunately for me, personally, it has become a hobby for the extraordinarily rich.
I have always had fairly expensive taste. "Expensive Taste" has been redefined by new money, and I wasn't consulted LOL
"You've gotta be a man to play this game...but you'd better have a lot of little boy in you, too"--Roy Campanella
Don’t worry. Eventually the Fed will quit printing and money will start drying up. This will then take a hit with everything else and the prices will come down.