I got one as well, roughly 0925, same experience as everyone else, after refreshing 35or 40 times and getting the error page the home page popped up and i was able to add then buy…likely someone’s card was declined…
I will update this post if anything changes!
Not going to get too enthused until i see that it has been shipped tho!
I'm not much of a gambler and originally I had no intention of purchasing one of these. However, after thinking about it for awhile I decided what the heck, it might be kind of fun. I'm also a slab collector and who knows maybe these slabs will carry a premium one day especially if VaultBox and/or NGCX turns out to be a flop.
I initially had the same website issues as everyone else, but after refreshing about as many times as NJCoin has posted to this thread JK , I finally got in and secured order #3238.
I think I'll wait awhile to actually open my box, because if unopened boxes start selling for stupid money on ebay I may decide to flip it.
@UpGrayedd said:
I'm not much of a gambler and originally I had no intention of purchasing one of these. However, after thinking about it for awhile I decided what the heck, it might be kind of fun. I'm also a slab collector and who knows maybe these slabs will carry a premium one day especially if VaultBox and/or NGCX turns out to be a flop.
I initially had the same website issues as everyone else, but after refreshing about as many times as NJCoin has posted to this thread JK , I finally got in and secured order #3238.
I think I'll wait awhile to actually open my box, because if unopened boxes start selling for stupid money on ebay I may decide to flip it.
I only bought one with the intention of opening it, but I will also probably wait a few days after it arrives to see what's happening on the secondary market. If the boxes trade under $1000 id rather just open it but if I can make $400 or more flipping it I would hope that forumites wouldnt blame me. Then I could take that money and head south to the Hard Rock and gamble the right way
Okay, the first Vaultbox just posted to the bay. It's being flipped for $1,199 unopened as a confirmed order yet to be received by the seller in Nebraska.
"This is from the 1-25-23 first day sale that sold out.
I will USPS express it to the winner the day I receive it, Estimated Feb 1st.
Your chance to own one if you missed it!"
@Namvet69 said:
Okay, the first Vaultbox just posted to the bay. It's being flipped for $1,199 unopened as a confirmed order yet to be received by the seller.
"This is from the 1-25-23 first day sale that sold out.
I will USPS express it to the winner the day I receive it, Estimated Feb 1st.
Your chance to own one if you missed it!"
@DeplorableDan said:
Just wondering though, would ebay's return policy protect the seller if the buyer opens the box, and decides to return it or file a SNAD?
@Namvet69 said:
Okay, the first Vaultbox just posted to the bay. It's being flipped for $1,199 unopened as a confirmed order yet to be received by the seller.
"This is from the 1-25-23 first day sale that sold out.
I will USPS express it to the winner the day I receive it, Estimated Feb 1st.
Your chance to own one if you missed it!"
To me, this indicates that the assignment is not fully randomized.
Why? All the part you highlighted says is that no one will only get the lowest value coins, due to the fact that each box will contain one coin from each group. it doesn't say anything about equalizing the value of boxes by not randomizing the distribution.
You can't randomize distribution and also guarantee that no one gets the lowest. You'd have to place them in bands within the groups.
Of course you can, because you are randomizing each group, and all of the lowest coins are in one group. Unless you get 3 common coins, you won't be getting the least potential value out of the 2400 coins.
@Namvet69 said:
Somewhere, Rod Serling is smiling.
Him and PT Barnum.
Most manufacturers of a prestigious product line would never allow their goods to be marketed this way. The droves of disappointed potential customers being chased away surpasses any gain of a few winners.
Speaks volumes about the self regulation and self policing of supposed leaders in the marketplace.
The manufacturer would pull the brand from the seller faster than you can say flip.
@Bartin said:
I agree with NJCoin that it's just saying no box will contain only coins from the lowest Value group (Common).
They are very sloppy with their terminology and wording though. Some of the coins in the common group have higher listed values than some of the coins in the uncommon group, so "value" isn't the right word when talking about the lowest group of coins.
What would be the point in saying that when they've already stated that each coin has one coin from each group?
Redundancy? Clarity? I dunno, but I'm 99% sure the simple explanation is the correct one, and NGC didn't run an algorithm to equalize values between the boxes. The separation into 3 groups is the vehicle to ensure no single box gets all crap or all rarities. Beyond that, I'm quite certain each group is totally randomized.
@DeplorableDan said:
Just wondering though, would ebay's return policy protect the seller if the buyer opens the box, and decides to return it or file a SNAD?
Yes. Otherwise, those "unsearched" bank rolls wouldn't be a thing. I'm sure it would only be eligible for a return if the buy suffered from buyer's remorse and returned it unopened. Once the seal is broken, it is no longer the same item.
@DeplorableDan said:
Just wondering though, would ebay's return policy protect the seller if the buyer opens the box, and decides to return it or file a SNAD?
If you are not committed to seeing this through, I'd very, extremely, strongly urge you to sell now at a profit while you can, if you can. Once these ship, and people who were not compensated to promote it post their unboxing videos, the curtain will be lifted, everyone will get a good look at the Wizard, and the secondary market for unopened boxes will collapse.
@DeplorableDan said:
Just wondering though, would ebay's return policy protect the seller if the buyer opens the box, and decides to return it or file a SNAD?
If you are not committed to seeing this through, I'd very, extremely, strongly urge you to sell now at a profit while you can, if you can. Once these ship, and people who were not compensated to promote it post their unboxing videos, the curtain will be lifted, everyone will get a good look at the Wizard, and the secondary market for unopened boxes will collapse.
It really depends what happens with the eBay listings, that one hasn't been sold.... If I see them flying of the shelves for that price I would try to flip it, but if they end up selling for 800 or 900 I don't care to make a couple hundred bucks as that's not worth it for me. I've been getting crushed all season in football so if I open the box and lose a few hundred bucks it wouldn't be anything out of the ordinary for me lol
@DeplorableDan said:
Just wondering though, would ebay's return policy protect the seller if the buyer opens the box, and decides to return it or file a SNAD?
If you are not committed to seeing this through, I'd very, extremely, strongly urge you to sell now at a profit while you can, if you can. Once these ship, and people who were not compensated to promote it post their unboxing videos, the curtain will be lifted, everyone will get a good look at the Wizard, and the secondary market for unopened boxes will collapse.
It really depends what happens with the eBay listings, that one hasn't been sold.... If I see them flying of the shelves for that price I would try to flip it, but if they end up selling for 800 or 900 I don't care to make a couple hundred bucks as that's not worth it for me. I've been getting crushed all season in football so if I open the box and lose a few hundred bucks it wouldn't be anything out of the ordinary for me lol
Well you did say the reason you bought it was to show everyone on the forum so......🤞
Also, give the points and take the Eagles and the Bengals...of course this advice is for ENTERTAINMENT PURPOSES only!🤑🤑🤑🤑
@DeplorableDan said:
Just wondering though, would ebay's return policy protect the seller if the buyer opens the box, and decides to return it or file a SNAD?
If you are not committed to seeing this through, I'd very, extremely, strongly urge you to sell now at a profit while you can, if you can. Once these ship, and people who were not compensated to promote it post their unboxing videos, the curtain will be lifted, everyone will get a good look at the Wizard, and the secondary market for unopened boxes will collapse.
It really depends what happens with the eBay listings, that one hasn't been sold.... If I see them flying of the shelves for that price I would try to flip it, but if they end up selling for 800 or 900 I don't care to make a couple hundred bucks as that's not worth it for me. I've been getting crushed all season in football so if I open the box and lose a few hundred bucks it wouldn't be anything out of the ordinary for me lol
Well you did say the reason you bought it was to show everyone on the forum so......🤞
Also, give the points and take the Eagles and the Bengals...of course this advice is for ENTERTAINMENT PURPOSES only!🤑🤑🤑🤑
I think the Eagles will slay San Fran, and I'm an Eagles fan.... so you already know lol (entertainment purposes only of course)
@DeplorableDan said:
Just wondering though, would ebay's return policy protect the seller if the buyer opens the box, and decides to return it or file a SNAD?
If you are not committed to seeing this through, I'd very, extremely, strongly urge you to sell now at a profit while you can, if you can. Once these ship, and people who were not compensated to promote it post their unboxing videos, the curtain will be lifted, everyone will get a good look at the Wizard, and the secondary market for unopened boxes will collapse.
It really depends what happens with the eBay listings, that one hasn't been sold.... If I see them flying of the shelves for that price I would try to flip it, but if they end up selling for 800 or 900 I don't care to make a couple hundred bucks as that's not worth it for me. I've been getting crushed all season in football so if I open the box and lose a few hundred bucks it wouldn't be anything out of the ordinary for me lol
Well you did say the reason you bought it was to show everyone on the forum so......🤞
Also, give the points and take the Eagles and the Bengals...of course this advice is for ENTERTAINMENT PURPOSES only!🤑🤑🤑🤑
I think the Eagles will slay San Fran, and I'm an Eagles fan.... so you already know lol (entertainment purposes only of course)
Fly Eagles Fly! On the road to victory. Fight! Fight! Fight!🦅🦅🦅
@fathom said:
Most manufacturers of a prestigious product line would never allow their goods to be marketed this way. The droves of disappointed potential customers being chased away surpasses any gain of a few winners.
Speaks volumes about the self regulation and self policing of supposed leaders in the marketplace.
The manufacturer would pull the brand from the seller faster than you can say flip.
I am pretty sure there was alot of market research done on this. I am pretty sure they knew what they were doing and it seems that so far it is a success............... I don't know who the droves of disappointed customers are? Why don't you wait and see what the reviews are?
@DeplorableDan said:
It really depends what happens with the eBay listings, that one hasn't been sold.... If I see them flying of the shelves for that price I would try to flip it, but if they end up selling for 800 or 900 I don't care to make a couple hundred bucks as that's not worth it for me. I've been getting crushed all season in football so if I open the box and lose a few hundred bucks it wouldn't be anything out of the ordinary for me lol
Not a Niners fan then? Doh, I see your next post down, so no...........
@NJCoin said:
Of course you can, because you are randomizing each group, and all of the lowest coins are in one group. Unless you get 3 common coins, you won't be getting the least potential value out of the 2400 coins.
That is not the same thing. They already told you that you get one from each group. I read that as you can't get the lowest from each group in the same box.
I'm 90% sure the redundant explanation is wrong. Read the whole sentence. It's 2 dependent clauses. Opening clause refers to price ranges in the GROUPS. The dependent, subordinate clause refers to the lowest values implicitly in the groups.
FWIW, I e-mailed VB earlier today, and asked for clarification on this issue.
@DeplorableDan said:
well, let the games begin, the first listing sold for ask
Congratulations to that seller. Time to make a decision. Once these boxes start being opened, no one is going to pay $1200 for one. They probably wouldn't even pay $600. This is FOMO gone wild. Once people see what they are missing, they are going to be fine missing it.
Now 2 are available at $1,000 each. This isn't going to be a biggie like a Mint offering, because there are only 800, and a lot of buyers are going to want to keep them or open them. It's now or never. I'm telling you, interest will dissipate once they are out in the wild.
@Namvet69 said:
Somewhere, Rod Serling is smiling.
Him and PT Barnum.
Most manufacturers of a prestigious product line would never allow their goods to be marketed this way. The droves of disappointed potential customers being chased away surpasses any gain of a few winners.
Speaks volumes about the self regulation and self policing of supposed leaders in the marketplace.
The manufacturer would pull the brand from the seller faster than you can say flip.
So, why do PCGS slabs show up on TV, YouTube and other unorthodox marketing platforms?
You also have to remember that you aren't the customer. There are lots of card collectors that buy sealed boxes of cards to put together sets or to find the valuable cards. How is this any different?
I didn't play, but I like the game.
I wonder if he thought about a limited edition slab salted into the boxes rather than a different coin. Imagine a black and red doily.
There's a lot of ways to make this fun. There's also a lot of ways to make this pay off for both buyer and seller.
Just an analogy.
It's different from the cards because the valuations are night and day. You are enticing a gambling act to obtain coins worth thousands of dollars.
For me it's always about 100 happy customers out of 100 transactions, that's the goal.
It's never about 60 happy customers out of 100 or whatever the ratio of losers to normal retail pricing.
Why cultivate aggravation? If even a few people end up disappointed because of no access or because the product will never recover close to normal retail margin then that is a loser for the whole marketplace. It reflects negatively on the market, regardless of intent.
@DeplorableDan said:
well, let the games begin, the first listing sold for ask
Congratulations to that seller. Time to make a decision. Once these boxes start being opened, no one is going to pay $1200 for one. They probably wouldn't even pay $600. This is FOMO gone wild. Once people see what they are missing, they are going to be fine missing it.
Now 2 are available at $1,000 each. This isn't going to be a biggie like a Mint offering, because there are only 800, and a lot of buyers are going to want to keep them or open them. It's now or never. I'm telling you, interest will dissipate once they are out in the wild.
I appreciate you trying to look out for me, but i was planning on opening the box anyway. There’s already more listings at $999 and two boxes available. eBay takes 15% up to $1000 I think so if I sold at that price I would only net 8 and change. Even at 1199 I would net 1000 but now that these are listed I can’t price mine even higher.
@Namvet69 said:
Somewhere, Rod Serling is smiling.
Him and PT Barnum.
Most manufacturers of a prestigious product line would never allow their goods to be marketed this way. The droves of disappointed potential customers being chased away surpasses any gain of a few winners.
Speaks volumes about the self regulation and self policing of supposed leaders in the marketplace.
The manufacturer would pull the brand from the seller faster than you can say flip.
So, why do PCGS slabs show up on TV, YouTube and other unorthodox marketing platforms?
You also have to remember that you aren't the customer. There are lots of card collectors that buy sealed boxes of cards to put together sets or to find the valuable cards. How is this any different?
I didn't play, but I like the game.
I wonder if he thought about a limited edition slab salted into the boxes rather than a different coin. Imagine a black and red doily.
There's a lot of ways to make this fun. There's also a lot of ways to make this pay off for both buyer and seller.
Just an analogy.
It's different from the cards because the valuations are night and day. You are enticing a gambling act to obtain coins worth thousands of dollars.
For me it's always about 100 happy customers out of 100 transactions, that's the goal.
It's never about 60 happy customers out of 100 or whatever the ratio of losers to normal retail pricing.
Why cultivate aggravation? If even a few people end up disappointed because of no access or because the product will never recover close to normal retail margin then that is a loser for the whole marketplace. It reflects negatively on the market, regardless of intent.
Look at the price of an unopened 1951 Bowman wax pack and tell me again how it's different.
Even in coins, a sealed GSA box or a sealed proof set sell for a premium. How is that different?
Vaultbox might well have 100 happy customers out of 100.
Factory sealed 70 year old and decades old Mint sealed is a different animal then made up contemporary merch.
The perceived values are not similar. Check thread history you see that collectors have been disappointed with GSA sealed boxes. Those that know stay away. Here you are cultivating new collectors with a new scale. I do not see a happy future customer with an average yield from one of these.
Comments
We'll see. If that was a bot attack, as opposed to just a crappy server, then they'll show up soon enough.
Does eBay allow games of chance??? aka gambling???
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
"Unsearched" Rolls?
Founder- Peak Rarities
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I got one as well, roughly 0925, same experience as everyone else, after refreshing 35or 40 times and getting the error page the home page popped up and i was able to add then buy…likely someone’s card was declined…
I will update this post if anything changes!
Not going to get too enthused until i see that it has been shipped tho!
Gee... did anyone hear a phone ringing? Because I called it...
RIP Mom- 1932-2012
63
Somewhere, Rod Serling is smiling.
BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW
There’s an NGC forum - you might check it out and take that kind of talk over there!
Will be interested to see if anyone offers a vaultbox alternative with PCGS coins and at different price points - lower and higher.
I'm not much of a gambler and originally I had no intention of purchasing one of these. However, after thinking about it for awhile I decided what the heck, it might be kind of fun. I'm also a slab collector and who knows maybe these slabs will carry a premium one day especially if VaultBox and/or NGCX turns out to be a flop.
I initially had the same website issues as everyone else, but after refreshing about as many times as NJCoin has posted to this thread JK
, I finally got in and secured order #3238.
I think I'll wait awhile to actually open my box, because if unopened boxes start selling for stupid money on ebay I may decide to flip it.
Philippians 4:4-7
Philippians 4:4-7
I only bought one with the intention of opening it, but I will also probably wait a few days after it arrives to see what's happening on the secondary market. If the boxes trade under $1000 id rather just open it but if I can make $400 or more flipping it I would hope that forumites wouldnt blame me. Then I could take that money and head south to the Hard Rock and gamble the right way
Founder- Peak Rarities
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Yes. Very serious.
/s
@jmlanzaf has been a big booster of NGCX and we had a long debate in another thread. Just some good natured fun.
This made me laugh out loud. Thanks for that!
Coin Photographer.
Him and PT Barnum.
Smitten with DBLCs.
Okay, the first Vaultbox just posted to the bay. It's being flipped for $1,199 unopened as a confirmed order yet to be received by the seller in Nebraska.
"This is from the 1-25-23 first day sale that sold out.
I will USPS express it to the winner the day I receive it, Estimated Feb 1st.
Your chance to own one if you missed it!"
BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW
And now, we wait and observe.
https://www.ebay.com/itm/285121729864?hash=item4262945548:g:ASYAAOSwCBFj0YCk&amdata=enc:AQAHAAAAoEqMfakl0l4m3F7S+WUE9URqU56hYsiZHn8Flec0F9VxmEj8kvaS/yj9nmbRcocfnc1u1bYw5mNY69ucO9JTvJ2upNgFrGK0iqsPTmDhxHGqn1DiHyABNVET3uMktjZhLe1fW6BXFaTD7JO2aWb28P5kFyg52mg+tse9KlWapnJA+EX1Yf3uW0iuxtiojxWUoSHs9Q1f+YBdzpkDOHHjW1I=|tkp:Bk9SR_Siv6e9YQ
Founder- Peak Rarities
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Just wondering though, would ebay's return policy protect the seller if the buyer opens the box, and decides to return it or file a SNAD?
Founder- Peak Rarities
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In my opinion NOPE! EBay sides with the buyer...
No worries!! Buyer only has to pay $57.57 for 24 months with PayPal Credit🤣😂
What do you think the mystery rolls of Morgans are?
Of course you can, because you are randomizing each group, and all of the lowest coins are in one group. Unless you get 3 common coins, you won't be getting the least potential value out of the 2400 coins.
Most manufacturers of a prestigious product line would never allow their goods to be marketed this way. The droves of disappointed potential customers being chased away surpasses any gain of a few winners.
Speaks volumes about the self regulation and self policing of supposed leaders in the marketplace.
The manufacturer would pull the brand from the seller faster than you can say flip.
Redundancy? Clarity? I dunno, but I'm 99% sure the simple explanation is the correct one, and NGC didn't run an algorithm to equalize values between the boxes. The separation into 3 groups is the vehicle to ensure no single box gets all crap or all rarities. Beyond that, I'm quite certain each group is totally randomized.
Yes. Otherwise, those "unsearched" bank rolls wouldn't be a thing. I'm sure it would only be eligible for a return if the buy suffered from buyer's remorse and returned it unopened. Once the seal is broken, it is no longer the same item.
If you are not committed to seeing this through, I'd very, extremely, strongly urge you to sell now at a profit while you can, if you can. Once these ship, and people who were not compensated to promote it post their unboxing videos, the curtain will be lifted, everyone will get a good look at the Wizard, and the secondary market for unopened boxes will collapse.
It really depends what happens with the eBay listings, that one hasn't been sold.... If I see them flying of the shelves for that price I would try to flip it, but if they end up selling for 800 or 900 I don't care to make a couple hundred bucks as that's not worth it for me. I've been getting crushed all season in football so if I open the box and lose a few hundred bucks it wouldn't be anything out of the ordinary for me lol
Founder- Peak Rarities
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Instagram
Facebook
Well you did say the reason you bought it was to show everyone on the forum so......🤞
Also, give the points and take the Eagles and the Bengals...of course this advice is for ENTERTAINMENT PURPOSES only!🤑🤑🤑🤑
I think the Eagles will slay San Fran, and I'm an Eagles fan.... so you already know lol (entertainment purposes only of course)
Founder- Peak Rarities
Website
Instagram
Facebook
Fly Eagles Fly! On the road to victory. Fight! Fight! Fight!🦅🦅🦅
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I am pretty sure there was alot of market research done on this. I am pretty sure they knew what they were doing and it seems that so far it is a success............... I don't know who the droves of disappointed customers are? Why don't you wait and see what the reviews are?
Not a Niners fan then? Doh, I see your next post down, so no...........
I guess you missed the sarcasm. Oh well. Cheers!
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FWIW, I e-mailed VB earlier today, and asked for clarification on this issue.
From the e-mail:
'If/when' they respond, I will post it here.
well, let the games begin, the first listing sold for ask
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Congratulations to that seller. Time to make a decision. Once these boxes start being opened, no one is going to pay $1200 for one. They probably wouldn't even pay $600. This is FOMO gone wild. Once people see what they are missing, they are going to be fine missing it.
Now 2 are available at $1,000 each. This isn't going to be a biggie like a Mint offering, because there are only 800, and a lot of buyers are going to want to keep them or open them. It's now or never. I'm telling you, interest will dissipate once they are out in the wild.
Just an analogy.
It's different from the cards because the valuations are night and day. You are enticing a gambling act to obtain coins worth thousands of dollars.
For me it's always about 100 happy customers out of 100 transactions, that's the goal.
It's never about 60 happy customers out of 100 or whatever the ratio of losers to normal retail pricing.
Why cultivate aggravation? If even a few people end up disappointed because of no access or because the product will never recover close to normal retail margin then that is a loser for the whole marketplace. It reflects negatively on the market, regardless of intent.
58
I appreciate you trying to look out for me, but i was planning on opening the box anyway. There’s already more listings at $999 and two boxes available. eBay takes 15% up to $1000 I think so if I sold at that price I would only net 8 and change. Even at 1199 I would net 1000 but now that these are listed I can’t price mine even higher.
Founder- Peak Rarities
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Instagram
Facebook
57
Factory sealed 70 year old and decades old Mint sealed is a different animal then made up contemporary merch.
The perceived values are not similar. Check thread history you see that collectors have been disappointed with GSA sealed boxes. Those that know stay away. Here you are cultivating new collectors with a new scale. I do not see a happy future customer with an average yield from one of these.
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