@WQuarterFreddie said:
Wow! I read through the website and I have no interest in this product at all.
Good luck to those that want to buy it. I will be monitoring the website on release day. Personally I don't think they will sell out😂🤣
Only 600 packs available but who cares? Price is way too expensive in my opinion. Risk/Reward is to great on the Risk side and price point is way too high.
In my opinion VaultBox is a far superior product and caters to the trading card crowd mentality.
Ultra Breaks product is a big miss in my opinion, lacks imagination and misreads the intended market.
I am truly shocked PCGS is participating in this program.🤔
There really is no reason to be shocked. None at all. These are all private businesses, not hallowed institutions.
They all make special labels available to anyone who is willing to give them volume. Signatures, special cores, First Day, First Release, First Delivery, Early Release, etc., etc., etc.
This is no different. The fact that this does not appeal to the lottery ticket gamblers among us is great, because it is not intended to. It is meant to appeal to the crowd that will pay inflated prices for limited edition labels, probably on TV, based on who is behind it.
With a sealed box, not being sure exactly what you are going to get twist and excitement designed to appeal to the Freddies of the world. Really no different than any of the other manufactured labels many already collect. And, perfectly legit, since there is no unregulated lottery aspect to it, with the potential for manipulation in distribution and wide disparity in value between winners and losers.
Lmfao.
There are two scarcer labels. It is a lottery. Whether the base label has a $250 value or not remains to be seen. It is absolutely designed for gamblers. They even spun it that way in the release.
That's fine, but, as I think you might have said in another post, it's a artificial scarcity created entirely by them. If someone wants to attribute value to that, good for them.
Totally different from sticking a $20,000 winning lottery ticket in one of the boxes, other valuable lottery tickets in other boxes, overcharging for the boxes, and then not being transparent about the distribution.
I have ZERO problems with this, or with anyone who wants to pay $120, in addition to the value of the coin, for limited edition labels. People do this every day with other labels issued by all the major grading services.
If a market actually develops for Ultra Infinity labels, good for them. Capitalism. America.
There's a certain level of hypocrisy here. After all, the VB also has a "limited edition label". So why can't you apply the exact same argument to VB with the additional possibility of getting a higher priced coin?
You're given a pass to this product for selling a lottery ticket for a label of speculative value after condemning VB for selling a lottery ticket for a coin of known value.
So, if I buy a VB to only get the label is my heart then pure?
Because I was always ignoring the VB label. No one bought VBs for labels, except maybe on the secondary market, at deep discounts, like you did.
Nice deflection there, but all the criticism of VB centered around, let's call it deceptive marketing with respect to how coins were distributed and how influencers ended up with "samples" that weren't really samples pre-release, how the boxes were sold through third parties, how the vast majority of gamblers were destined to receive terrible value for their money, etc., etc., etc.
People were buying overpriced lottery tickets, not overpriced labels. If you want to believe differently I'm not going to argue with you, but there is absolutely no hypocrisy here, and I never criticized you for anything other than your hypocrisy in hyping the offering but not participating yourself, but instead waiting to relieve some disappointed sucker of his prize at a deep discount in the secondary market. By the way, how is the thriving market for VB labels holding up?
Regardless of everything else said in this thread, I think we all recognize that the highlighted text is not an accurate statement.
@ProofCollection said:
I understand some of the collectible labels that someone might want to put together a Mercanti set or a Moy set and even the labels denoting an event or a release. But why anyone would be compelled to pay decent money to have the one of three infinity label from a "Franklin-mint-esque" company is beyond me. I think the Vault Box business model is valid. But Ultrabreaks, I just don't see it catching on unless this concept evolves somehow. But I always seem to be wrong about these things.
Well, I think they are counting more on the PCGS label than the company itself. Frankly, I think the PCGS role here is more dubious than the NGC/VB connection. NGC is using a custom slab and packing the boxes, but the enticement is supposed to be the rare coin not the label. PCGS is literally just allowing this guy to sell the label. He must be a bigger wig than I think
B-I-N-G-O!!!! How do you have the nerve to post this immediately after your preceding post with a straight face? Was VB really selling a limited edition label, or rare coins seeded in a few boxes at inflated premiums? Both? 🤣🤣🤣
If so, the label is sure not what got Freddie all excited, based on his reaction to the current offering!
VB was selling both. The distinction between my two posts is rooted in two different corporate entities. NGC/PCGS and VB/UB. I have no problem with either box seller. But people conflate NGC with VB and even suggested that PCGS would never do such a thing. [Like they don't always have custom labels. ]
VB has the possibility of a high value coin. It's not just a custom label. [I don't put much stock in either label, mind you, but some people do ] Ultra Break has nothing to offer but the label which is, apparently, a gift from PCGS.
Can you see the difference yet?
Edited to add: in theory, VB could use standard labels or raw coins and still have a product. UB only had a product if PCGS gifts them one.
A few things:
From the initial description, the collectible labels from this retail venture will be a very small release. The VB labels will be common.
The margin spread is less between the markup and the coin/label value, because there are no grandiose prizes. Therefore the risk to the average buyer is much less. In other words, its less of an overcharge.
Finally, is the hobby really interested in the coalescence of numismatics and compulsive gambling?
A few responses to a few things:
The VB labels were in the hundreds to a couple thousand. The base label here is in the hundreds. We're talking about a factor of 2 to 5, depending on series. Were there not only 1200 VB3 against 600 UB1?
The margin spread is NOT significantly lower. You are paying $250 for $130 coin. The price point for VB3 was $229 with the cheapest coin being about $80 and most of the coins over $100.
Obviously so, otherwise the U.S. Mint would not be in the collectible coin business and TPGs would not be raking in profits from people submitting common coins looking for uncommon grades.
Have you seen the "Bounty Sets" in VB? That's an interesting way to drive interest. It's now a lottery with a scavenger hunt!!!
No I havent seen the bounty sets, I'm not really actively following. But I am sure without a doubt they are going to be looking for unique ways to increase the margins by temptation and risk.
The bounties are a clever way to artificially stimulate secondary market interest by offering "bounties" for specific collections of VB coins.
Similar to the idea behind VB (i.e., get people to pay above market for random coins in the hope of scoring a valuable one), the idea now is to get people to chase limited edition slabs, of limited value, so that a few can collect a prize if they successfully complete the scavenger hunt.
Again, many play, most lose, a few win. If it works, it creates a floor under something that otherwise has little value, if any, over and above the coin itself.
You mean like registry sets: get people to pay $30 to slab $5 coins so their sets are competitive...
Sooo many people having fun wrong. Do the Fun Police get a pension?
@ProofCollection said:
I understand some of the collectible labels that someone might want to put together a Mercanti set or a Moy set and even the labels denoting an event or a release. But why anyone would be compelled to pay decent money to have the one of three infinity label from a "Franklin-mint-esque" company is beyond me. I think the Vault Box business model is valid. But Ultrabreaks, I just don't see it catching on unless this concept evolves somehow. But I always seem to be wrong about these things.
Well, I think they are counting more on the PCGS label than the company itself. Frankly, I think the PCGS role here is more dubious than the NGC/VB connection. NGC is using a custom slab and packing the boxes, but the enticement is supposed to be the rare coin not the label. PCGS is literally just allowing this guy to sell the label. He must be a bigger wig than I think
B-I-N-G-O!!!! How do you have the nerve to post this immediately after your preceding post with a straight face? Was VB really selling a limited edition label, or rare coins seeded in a few boxes at inflated premiums? Both? 🤣🤣🤣
If so, the label is sure not what got Freddie all excited, based on his reaction to the current offering!
VB was selling both. The distinction between my two posts is rooted in two different corporate entities. NGC/PCGS and VB/UB. I have no problem with either box seller. But people conflate NGC with VB and even suggested that PCGS would never do such a thing. [Like they don't always have custom labels. ]
VB has the possibility of a high value coin. It's not just a custom label. [I don't put much stock in either label, mind you, but some people do ] Ultra Break has nothing to offer but the label which is, apparently, a gift from PCGS.
Can you see the difference yet?
Edited to add: in theory, VB could use standard labels or raw coins and still have a product. UB only had a product if PCGS gifts them one.
A few things:
From the initial description, the collectible labels from this retail venture will be a very small release. The VB labels will be common.
The margin spread is less between the markup and the coin/label value, because there are no grandiose prizes. Therefore the risk to the average buyer is much less. In other words, its less of an overcharge.
Finally, is the hobby really interested in the coalescence of numismatics and compulsive gambling?
A few responses to a few things:
The VB labels were in the hundreds to a couple thousand. The base label here is in the hundreds. We're talking about a factor of 2 to 5, depending on series. Were there not only 1200 VB3 against 600 UB1?
The margin spread is NOT significantly lower. You are paying $250 for $130 coin. The price point for VB3 was $229 with the cheapest coin being about $80 and most of the coins over $100.
Obviously so, otherwise the U.S. Mint would not be in the collectible coin business and TPGs would not be raking in profits from people submitting common coins looking for uncommon grades.
Have you seen the "Bounty Sets" in VB? That's an interesting way to drive interest. It's now a lottery with a scavenger hunt!!!
No I havent seen the bounty sets, I'm not really actively following. But I am sure without a doubt they are going to be looking for unique ways to increase the margins by temptation and risk.
The bounties are a clever way to artificially stimulate secondary market interest by offering "bounties" for specific collections of VB coins.
Similar to the idea behind VB (i.e., get people to pay above market for random coins in the hope of scoring a valuable one), the idea now is to get people to chase limited edition slabs, of limited value, so that a few can collect a prize if they successfully complete the scavenger hunt.
Again, many play, most lose, a few win. If it works, it creates a floor under something that otherwise has little value, if any, over and above the coin itself.
You mean like registry sets: get people to pay $30 to slab $5 coins so their sets are competitive...
Sooo many people having fun wrong. Do the Fun Police get a pension?
Yup. Except, grading companies only do that to support their grading businesses.
They are not going out of their way to create an artificial market for the coins, and do not directly benefit when one develops. Night and day, but sure, just like registry sets, because they both involve coins, slabs and money.
@ProofCollection said:
I understand some of the collectible labels that someone might want to put together a Mercanti set or a Moy set and even the labels denoting an event or a release. But why anyone would be compelled to pay decent money to have the one of three infinity label from a "Franklin-mint-esque" company is beyond me. I think the Vault Box business model is valid. But Ultrabreaks, I just don't see it catching on unless this concept evolves somehow. But I always seem to be wrong about these things.
Well, I think they are counting more on the PCGS label than the company itself. Frankly, I think the PCGS role here is more dubious than the NGC/VB connection. NGC is using a custom slab and packing the boxes, but the enticement is supposed to be the rare coin not the label. PCGS is literally just allowing this guy to sell the label. He must be a bigger wig than I think
B-I-N-G-O!!!! How do you have the nerve to post this immediately after your preceding post with a straight face? Was VB really selling a limited edition label, or rare coins seeded in a few boxes at inflated premiums? Both? 🤣🤣🤣
If so, the label is sure not what got Freddie all excited, based on his reaction to the current offering!
VB was selling both. The distinction between my two posts is rooted in two different corporate entities. NGC/PCGS and VB/UB. I have no problem with either box seller. But people conflate NGC with VB and even suggested that PCGS would never do such a thing. [Like they don't always have custom labels. ]
VB has the possibility of a high value coin. It's not just a custom label. [I don't put much stock in either label, mind you, but some people do ] Ultra Break has nothing to offer but the label which is, apparently, a gift from PCGS.
Can you see the difference yet?
Edited to add: in theory, VB could use standard labels or raw coins and still have a product. UB only had a product if PCGS gifts them one.
A few things:
From the initial description, the collectible labels from this retail venture will be a very small release. The VB labels will be common.
The margin spread is less between the markup and the coin/label value, because there are no grandiose prizes. Therefore the risk to the average buyer is much less. In other words, its less of an overcharge.
Finally, is the hobby really interested in the coalescence of numismatics and compulsive gambling?
A few responses to a few things:
The VB labels were in the hundreds to a couple thousand. The base label here is in the hundreds. We're talking about a factor of 2 to 5, depending on series. Were there not only 1200 VB3 against 600 UB1?
The margin spread is NOT significantly lower. You are paying $250 for $130 coin. The price point for VB3 was $229 with the cheapest coin being about $80 and most of the coins over $100.
Obviously so, otherwise the U.S. Mint would not be in the collectible coin business and TPGs would not be raking in profits from people submitting common coins looking for uncommon grades.
Have you seen the "Bounty Sets" in VB? That's an interesting way to drive interest. It's now a lottery with a scavenger hunt!!!
No I havent seen the bounty sets, I'm not really actively following. But I am sure without a doubt they are going to be looking for unique ways to increase the margins by temptation and risk.
The bounties are a clever way to artificially stimulate secondary market interest by offering "bounties" for specific collections of VB coins.
Similar to the idea behind VB (i.e., get people to pay above market for random coins in the hope of scoring a valuable one), the idea now is to get people to chase limited edition slabs, of limited value, so that a few can collect a prize if they successfully complete the scavenger hunt.
Again, many play, most lose, a few win. If it works, it creates a floor under something that otherwise has little value, if any, over and above the coin itself.
You mean like registry sets: get people to pay $30 to slab $5 coins so their sets are competitive...
Sooo many people having fun wrong. Do the Fun Police get a pension?
>
"They are not going out of their way to create an artificial market for the coins, and do not directly benefit when one develops."
This sentence is silly. They are not going out of their way to create an artificial market? They went out of their way to create the whole market for registry coins. And they absolutely benefit when it developed because it generated submissions that otherwise never would have been submitted. It's exactly the same.
I am more interested in seeing the secondary market for the UB labels. I read this market strategy as an attempt to establish a label market like "educating consumers" but it also smells a bit like "Creating a problem" IE more labels to collect. Will it work? I would guess no but VB has had three runs of a product I consider predatory so who knows Bizarro rules seem to work now-a-days.
Very curious to see where this goes. Especially after the 600 packs sell out. Also in it for the entertainment value of defensive VB posters express what "some of us" think.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
Dude, the website reeks of newbieizm (yes, I made that up🤣😂).
Interesting how they are having a pregame show on WhatNot tomorrow night.....where have we seen that before?🤔😂🤣
It appears they have no clue of what's about to happen to them. If indeed there is high demand as some believe this will be a website crash for sure followed by a bunch of unhappy, whiny customers who were shut out before they could get one in their cart, complaining there was no HHL so they could buy JUST one etc....
I have to wonder why they only made 600 packs. Perhaps they agree with me that there may not be enough interest to sell out a mere 600?🤔🤣😂
@RiveraFamilyCollect said:
I am more interested in seeing the secondary market for the UB labels. I read this market strategy as an attempt to establish a label market like "educating consumers" but it also smells a bit like "Creating a problem" IE more labels to collect. Will it work? I would guess no but VB has had three runs of a product I consider predatory so who knows Bizarro rules seem to work now-a-days.
Very curious to see where this goes. Especially after the 600 packs sell out. Also in it for the entertainment value of defensive VB posters express what "some of us" think.
Defensive? We don't care what you think. We've heard it all. And this "VB poster" is just fine with UB. I like anything new.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
@RiveraFamilyCollect said:
I am more interested in seeing the secondary market for the UB labels. I read this market strategy as an attempt to establish a label market like "educating consumers" but it also smells a bit like "Creating a problem" IE more labels to collect. Will it work? I would guess no but VB has had three runs of a product I consider predatory so who knows Bizarro rules seem to work now-a-days.
Very curious to see where this goes. Especially after the 600 packs sell out. Also in it for the entertainment value of defensive VB posters express what "some of us" think.
Defensive? We don't care what you think. We've heard it all. And this "VB poster" is just fine with UB. I like anything new.
I’m surprised that CoinsTV isn’t selling these on their stream on whatnot tomorrow but instead letting another streamer auction off 5 for the kickoff date.
This one is interesting. Instant credibility by being backed by PCGS. The floor is set a little higher than what’s offered by VB. Labels already out there have a premium- example: 2009 UHR $20 - blue label, gold foil, ASG signature. I will probably sit on the fence for UB1 and watch what happens. I would imagine UB2 will be the proof versions and I would probably get one of those.
The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition.
@PhillyJoe said:
This one is interesting. Instant credibility by being backed by PCGS. The floor is set a little higher than what’s offered by VB. Labels already out there have a premium- example: 2009 UHR $20 - blue label, gold foil, ASG signature. I will probably sit on the fence for UB1 and watch what happens. I would imagine UB2 will be the proof versions and I would probably get one of those.
@Bullsitter said:
On Ebay now.... ....have they been released.....
.
No they go on sale on 9/8 at 12:00 EST. This is a bad look, they distributed packs early, and the early packs are winners packs? Smells rotten.
P.S. This could be an attempt to set the price for the market very high.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
Why would anyone pay $280 for the losing grade when you can have a 11% chance to not lose for $250?
eBay is a funny place.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
I would have to wonder if these would violate any laws against lotteries, whether state laws or ebay rules, or if maybe this is a technical exception to those kinds of policies. To be clear I'm talking about when buying an unopened one. Obviously opened units are known quantities.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
@WQuarterFreddie said:
Where is the outrage from the members who freaked out when the EXACT same thing happened with VB Series 1?😲🤔😂🤣
This is different. It's a label they are manufacturing. If people want to chase them, and give them value, they should have at it.
Very different from VB sticking a $20,000 coin in a box, with a black box distribution scheme, and then overcharging for the shot at the $20K by implying that the losing boxes will be worth more than they are. Anyway, that's where my outrage went. I can't speak for others.
@ProofCollection said:
I would have to wonder if these would violate any laws against lotteries, whether state laws or ebay rules, or if maybe this is a technical exception to those kinds of policies. To be clear I'm talking about when buying an unopened one. Obviously opened units are known quantities.
Of course, they do. But nobody cares. I said VB was a lottery too.
-----Burton ANA 50 year/Life Member (now "Emeritus")
@WQuarterFreddie said:
Where is the outrage from the members who freaked out when the EXACT same thing happened with VB Series 1?😲🤔😂🤣
This is different. It's a label they are manufacturing. If people want to chase them, and give them value, they should have at it.
Very different from VB sticking a $20,000 coin in a box, with a black box distribution scheme, and then overcharging for the shot at the $20K by implying that the losing boxes will be worth more than they are. Anyway, that's where my outrage went. I can't speak for others.
There's that hypocrisy... there was ONE video on VB1 and an early sale through the card company and you wrote 10,000 words on VB and got every thread shut down. This is even worse with slabs all over the place before the release date and you say "ho hum".
The good news is that VB and UB both have more credibility!
@WQuarterFreddie said:
Where is the outrage from the members who freaked out when the EXACT same thing happened with VB Series 1?😲🤔😂🤣
This is different. It's a label they are manufacturing. If people want to chase them, and give them value, they should have at it.
Very different from VB sticking a $20,000 coin in a box, with a black box distribution scheme, and then overcharging for the shot at the $20K by implying that the losing boxes will be worth more than they are. Anyway, that's where my outrage went. I can't speak for others.
There's that hypocrisy... there was ONE video on VB1 and an early sale through the card company and you wrote 10,000 words on VB and got every thread shut down. This is even worse with slabs all over the place before the release date and you say "ho hum".
The good news is that VB and UB both have more credibility!
Let the fun continue.
Can't wait for tomorrow's release! Got the microwave popcorn ready for popping!😎
@WQuarterFreddie said:
Where is the outrage from the members who freaked out when the EXACT same thing happened with VB Series 1?😲🤔😂🤣
This is different. It's a label they are manufacturing. If people want to chase them, and give them value, they should have at it.
Very different from VB sticking a $20,000 coin in a box, with a black box distribution scheme, and then overcharging for the shot at the $20K by implying that the losing boxes will be worth more than they are. Anyway, that's where my outrage went. I can't speak for others.
There's that hypocrisy... there was ONE video on VB1 and an early sale through the card company and you wrote 10,000 words on VB and got every thread shut down. This is even worse with slabs all over the place before the release date and you say "ho hum".
The good news is that VB and UB both have more credibility!
Let the fun continue.
Can't wait for tomorrow's release! Got the microwave popcorn ready for popping!😎
I just counted at least nine currently listed for sale on ebay. Are there going to be any left for tomorrow's release?
UltraBreaks said
UltraBreaks are a thrilling and unique way to collect rare and certified coins. Inspired by the excitement of opening packs of trading cards, each UltraBreaks pack contains a limited edition Ultra coin certified by PCGS featuring one of three stunning labels.
Rare Labels: Each pack contains a stunning PCGS MS70 Ultra coin. One in 10 packs features an Ultra Gold Rush Label. Only one in 100 contains the elusive Ultra Infinity Label.
My first thought was about those posts that said PCGS would never do something like this. I wonder if any of them will comment on this thread?
Dude. Didn’t they slab a cricket?
Not officially. It was in the office, caught, and encapsulated by a private party.
Obviously, it wasn't done officially but by saying "private party", you make it sound like it was done by someone who wasn't a PCGS employee which we know isn't the case.
Worry is the interest you pay on a debt you may not owe.
Voltaire: Paper money eventually returns to its intrinsic value---zero.
I picked up three via the WhatNot auction last night (at least it was night for me here in the UK). I ended up with two Peace Dollars and a Morgan Dollar - all Ultra label. Was hoping for one of the rarer ones, but it is what it is...was exciting to watch them being opened live. They were also selling the unopened packets, but they went too quickly for me. I will post images when they arrive. Not likely to be for a few weeks I suspect (US to UK postage). I know I have probably lost money on these, but they are interesting and something cool to hold onto.
@Vandaleak_Collection said:
I picked up three via the WhatNot auction last night (at least it was night for me here in the UK). I ended up with two Peace Dollars and a Morgan Dollar - all Ultra label. Was hoping for one of the rarer ones, but it is what it is...was exciting to watch them being opened live. They were also selling the unopened packets, but they went too quickly for me. I will post images when they arrive. Not likely to be for a few weeks I suspect (US to UK postage). I know I have probably lost money on these, but they are interesting and something cool to hold onto.
Ultimately, that is what this hobby is all about. Collect what YOU like and buy what you want at a price that you are willing to pay.
@Vandaleak_Collection said:
I picked up three via the WhatNot auction last night (at least it was night for me here in the UK). I ended up with two Peace Dollars and a Morgan Dollar - all Ultra label. Was hoping for one of the rarer ones, but it is what it is...was exciting to watch them being opened live. They were also selling the unopened packets, but they went too quickly for me. I will post images when they arrive. Not likely to be for a few weeks I suspect (US to UK postage). I know I have probably lost money on these, but they are interesting and something cool to hold onto.
Ultimately, that is what this hobby is all about. Collect what YOU like and buy what you want at a price that you are willing to pay.
I hope you enjoy your coins!😎
This is exactly correct. It was exciting to buy a modern Peace/Morgan in this way! I know it is a total gimmick, but there is enough interest for me to have chased on these ones!
Comments
Dude. Didn’t they slab a cricket?
Regardless of everything else said in this thread, I think we all recognize that the highlighted text is not an accurate statement.
Philippians 4:4-7
Guys it is official. The horse is dead. Let the horse rest in peace.
You mean like registry sets: get people to pay $30 to slab $5 coins so their sets are competitive...
Sooo many people having fun wrong. Do the Fun Police get a pension?
.> @ctf_error_coins said:
Just like I have with W quarters. Again, so what? 🤔
Yup. Except, grading companies only do that to support their grading businesses.
They are not going out of their way to create an artificial market for the coins, and do not directly benefit when one develops. Night and day, but sure, just like registry sets, because they both involve coins, slabs and money.
>
This sentence is silly. They are not going out of their way to create an artificial market? They went out of their way to create the whole market for registry coins. And they absolutely benefit when it developed because it generated submissions that otherwise never would have been submitted. It's exactly the same.
For those that care I just received this email update:
UltraBreaks packs will be available for purchase on our website at
12:00 PM EST on September 8
https://ultrabreaks.com/products/ultrabreaks-peace-and-morgan-pcgs-ms70-pack-series
Do they have a HHL? It's not really clear
I am more interested in seeing the secondary market for the UB labels. I read this market strategy as an attempt to establish a label market like "educating consumers" but it also smells a bit like "Creating a problem" IE more labels to collect. Will it work? I would guess no but VB has had three runs of a product I consider predatory so who knows Bizarro rules seem to work now-a-days.
Very curious to see where this goes. Especially after the 600 packs sell out. Also in it for the entertainment value of defensive VB posters express what "some of us" think.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
Dude, the website reeks of newbieizm (yes, I made that up🤣😂).
Interesting how they are having a pregame show on WhatNot tomorrow night.....where have we seen that before?🤔😂🤣
It appears they have no clue of what's about to happen to them. If indeed there is high demand as some believe this will be a website crash for sure followed by a bunch of unhappy, whiny customers who were shut out before they could get one in their cart, complaining there was no HHL so they could buy JUST one etc....
I have to wonder why they only made 600 packs. Perhaps they agree with me that there may not be enough interest to sell out a mere 600?🤔🤣😂
I am definitely making popcorn for this show!😂🤣
Ben the Coin Geek has a very funny video about VBs for his premium subscribers on YouTube
Defensive? We don't care what you think. We've heard it all. And this "VB poster" is just fine with UB. I like anything new.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
Yeah! What he said!🤣😂
I’m surprised that CoinsTV isn’t selling these on their stream on whatnot tomorrow but instead letting another streamer auction off 5 for the kickoff date.
I'll try for 1. But only for a quick flip.
Good luck with that. Please provide updates...😎
This one is interesting. Instant credibility by being backed by PCGS. The floor is set a little higher than what’s offered by VB. Labels already out there have a premium- example: 2009 UHR $20 - blue label, gold foil, ASG signature. I will probably sit on the fence for UB1 and watch what happens. I would imagine UB2 will be the proof versions and I would probably get one of those.
Already showing in the PCGS 'pop report'.
Examples: 928391, and 928392.
On Ebay now....
....have they been released..... 
.
No they go on sale on 9/8 at 12:00 EST. This is a bad look, they distributed packs early, and the early packs are winners packs? Smells rotten.
P.S. This could be an attempt to set the price for the market very high.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
2 already sold. One in 9/3 and one today. Looks like some got their hands on them early...only 598 left now🤣😂:
https://www.ebay.com/itm/126083370288?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=QkptumVlT8a&sssrc=4429486&ssuid=SUkF_42CTym&var=&widget_ver=artemis&media=COPY
https://www.ebay.com/itm/305104052953?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=2yyTI5BQRNG&sssrc=4429486&ssuid=SUkF_42CTym&var=&widget_ver=artemis&media=COPY
Why would anyone pay $280 for the losing grade when you can have a 11% chance to not lose for $250?
eBay is a funny place.
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
I would have to wonder if these would violate any laws against lotteries, whether state laws or ebay rules, or if maybe this is a technical exception to those kinds of policies. To be clear I'm talking about when buying an unopened one. Obviously opened units are known quantities.
There are a number of them going on sale in a few minutes.
Yup. He is breaking them now and selling g the open ones.🙄
Where is the outrage from the members who freaked out when the EXACT same thing happened with VB Series 1?😲🤔😂🤣
My outraged reaction.
https://youtu.be/tTe7CBT9l7I?si=2tgjR1Yo1ZhtRRKA
The substantial truth doctrine is an important defense in defamation law that allows individuals to avoid liability if the gist of their statement was true.
Shockingly this is an even poorer investment than Vaultbox. I thought we had already scraped the bottom of the barrel but wow…
VaultBox was never an INVESTMENT it was a gamble. This is the same if you care about the ultimate prize. Not rocket science 🙄
NOW it's starting to look like VB. 🤣🤣🤣
Are these advanced release pieces....
This is different. It's a label they are manufacturing. If people want to chase them, and give them value, they should have at it.
Very different from VB sticking a $20,000 coin in a box, with a black box distribution scheme, and then overcharging for the shot at the $20K by implying that the losing boxes will be worth more than they are. Anyway, that's where my outrage went. I can't speak for others.
This is definitely not a good look. Does anyone know the seller or how they might be connected to UltraBreaks?
Philippians 4:4-7
Oooh, that's not good. Not good at all.
Coin Photographer.
Not officially. It was in the office, caught, and encapsulated by a private party.
ANA 50 year/Life Member (now "Emeritus")
Of course, they do. But nobody cares. I said VB was a lottery too.
ANA 50 year/Life Member (now "Emeritus")
Never think you've reached the bottom. Somebody can always make it a little lower in quality.
ANA 50 year/Life Member (now "Emeritus")
There's that hypocrisy... there was ONE video on VB1 and an early sale through the card company and you wrote 10,000 words on VB and got every thread shut down. This is even worse with slabs all over the place before the release date and you say "ho hum".
The good news is that VB and UB both have more credibility!
Let the fun continue.
Can't wait for tomorrow's release! Got the microwave popcorn ready for popping!😎
I just counted at least nine currently listed for sale on ebay. Are there going to be any left for tomorrow's release?
Philippians 4:4-7
Seems like if you really want one, the odds are pretty good:
https://ultrabreaks.com/
Obviously, it wasn't done officially but by saying "private party", you make it sound like it was done by someone who wasn't a PCGS employee which we know isn't the case.
Worry is the interest you pay on a debt you may not owe.
Voltaire: Paper money eventually returns to its intrinsic value---zero.
I picked up three via the WhatNot auction last night (at least it was night for me here in the UK). I ended up with two Peace Dollars and a Morgan Dollar - all Ultra label. Was hoping for one of the rarer ones, but it is what it is...was exciting to watch them being opened live. They were also selling the unopened packets, but they went too quickly for me. I will post images when they arrive. Not likely to be for a few weeks I suspect (US to UK postage). I know I have probably lost money on these, but they are interesting and something cool to hold onto.
Currently looking for Proof Half Sovereigns…….
Ultimately, that is what this hobby is all about. Collect what YOU like and buy what you want at a price that you are willing to pay.
I hope you enjoy your coins!😎
This is exactly correct. It was exciting to buy a modern Peace/Morgan in this way! I know it is a total gimmick, but there is enough interest for me to have chased on these ones!
Currently looking for Proof Half Sovereigns…….