Goldin Vault vs. PWCC Vault

blametony · 02-21-2022, 03:42 PM

I'm seriously considering moving my high end cards to one of the vault services. My main reasons are to save on my insurance costs ($500+ per year) and to be able to sell easily when I want to.

I was curious if anyone has any experience with either. I read that PWCC has no seller or consignment fees and actually offer a bonus for cards sold over a certain amount. Does Goldin still charge seller fees?

If anyone has any info on either service, I'd appreciate it. Thanks!

Asian62150 · 02-21-2022, 04:28 PM

I have some stuff at the PWCC Vault and used them for the same reasons you listed. Have had no issues with them so far.

To be fair, have had no experience with Goldin to date but have friends who have used them and had good things to say.

MoreToppsPlease · 02-21-2022, 07:20 PM

The PWCC Vault is next to the PWCC Barber Shop, so they offer extra services.

blametony · 02-21-2022, 07:45 PM

Quote:

Originally Posted by MoreToppsPlease

The PWCC Vault is next to the PWCC Barber Shop, so they offer extra services.

Cute but I’m looking for some serious responses from people who’ve actually used one of the services. Thanks.

Sent from my iPhone using Tapatalk

MoreToppsPlease · 02-21-2022, 07:49 PM

Quote:

Originally Posted by blametony

Cute but I’m looking for some serious responses from people who’ve actually used one of the services. Thanks.

Ethical people should have qualms regarding at least one of those services. Obviously you’ve no such reservations, nice…

blametony · 02-21-2022, 07:54 PM

Again, a pointless contribution. We’re all aware of the issues surrounding both companies. No newsflash there. I’m asking about experiences by people who’ve used the service. Not biased opinions from non-users.

Sent from my iPhone using Tapatalk

MoreToppsPlease · 02-21-2022, 07:57 PM

Quote:

Originally Posted by blametony

Again, a pointless contribution. We’re all aware of the issues surrounding both companies. No newsflash there. I’m asking about experiences by people who’ve used the service. Not biased opinions from non-users.

I wouldn’t recommend Goldin either, then.

blametony · 02-21-2022, 07:58 PM

Quote:

Originally Posted by MoreToppsPlease

I wouldn’t recommend Goldin either, then.

You currently have cards in Goldin vault?

Sent from my iPad using Tapatalk

MoreToppsPlease · 02-21-2022, 08:00 PM

Quote:

Originally Posted by blametony

You currently have cards in Goldin vault?

So now you want something from me. Cute.

blametony · 02-21-2022, 08:00 PM

Quote:

Originally Posted by MoreToppsPlease

So now you want something from me. Cute.

No. You can go away. You’ve literally contributed absolutely nothing useful. Let the adults talk.

Sent from my iPad using Tapatalk

KhalDrogo · 02-21-2022, 09:18 PM

Hey look, it’s MTP trolling again. Nothing new here.

PWCC is a functional vault. Goldin is not. Yes, they can store your cards, you can send them to auction, and you can broker private sales. But there’s no public marketplace, and you have less flexibility in how you put your items up for auction. The interface on the PWCC website is also fantastic.

Honestly not sure what the PWCC fees are. I think 1% to put the card in your vault, then a very trivial amount each month after that.

blametony · 02-21-2022, 09:23 PM

Quote:

Originally Posted by KhalDrogo

Hey look, it’s MTP trolling again. Nothing new here.

PWCC is a functional vault. Goldin is not. Yes, they can store your cards, you can send them to auction, and you can broker private sales. But there’s no public marketplace, and you have less flexibility in how you put your items up for auction. The interface on the PWCC website is also fantastic.

Honestly not sure what the PWCC fees are. I think 1% to put the card in your vault, then a very trivial amount each month after that.

PWCC actually has no consignment fees if sold through their marketplace. The Goldin vault does feel very “under construction” currently. Some ambiguous FAQ’s and sketchy details. At their core, I would trust Goldin more than PWCC, particularly with CU’s acquisition of Goldin. I’m assuming they will tie PSA into it at some point which could be very interesting. I’m expecting a grading/storage type offering which I would be onboard with.

CapeTownCards · 02-21-2022, 10:59 PM

Quote:

Originally Posted by blametony

PWCC actually has no consignment fees if sold through their marketplace. The Goldin vault does feel very “under construction” currently. Some ambiguous FAQ’s and sketchy details. At their core, I would trust Goldin more than PWCC, particularly with CU’s acquisition of Goldin. I’m assuming they will tie PSA into it at some point which could be very interesting. I’m expecting a grading/storage type offering which I would be onboard with.

I’ve been a PWCC vault user since 2020. Very happy with the service. Low fee structure and quick responses every time I had a question or edit request.

coltsfan23 · 02-21-2022, 11:19 PM

PWCC Vault is a solid alternative if you're pretty confident that you will eventually move that specific item via their auction platform (Weekly or Premier). Fixed Marketplace is a possibility, but has very low liquidity.

PWCC currently waives their storage costs and waives archival fees for graded items >250 (that will change longer-term), but it's 1% + a bunch of shipping fees to get the cards back so you're essentially paying the insurance cost that way anyways.

So I'd recommend sending to PWCC right when you're looking to move them; it can be a storage platform too, but you do lose control if you want to move it anywhere else.

Haven't used Goldin, but I've heard so many bad stories. As mentioned, they don't really have a functional vault, so it's only if you want to sell via their auction. Their CS is atrocious, unless you have that 6-8 figure item that will garner them press. They're just a disaster.

jcmel323 · 02-21-2022, 11:25 PM

i wonder if you could pick up your cards if you live near the pwcc vault...?

ichirorox · 02-22-2022, 02:48 AM

I recommend the alt vault. It’s free and they insure your cards. You can list your cards in your portfolio up in their auctions also if you’d like.

PuddleMonkey · 02-22-2022, 02:54 AM

PWCC is about 15 minutes from me, is this a place I can walk into and oogle all your cards or is none of this vault nonsense ever on display?

Ferg1945 · 02-22-2022, 03:11 AM

I used PWCC Vault when it first opened. Was very pleased with it. I planned on leaving the cards in the Vault for years. I wasn't comfortable leaving my cards in my house after the surge in card values the last year or so.

Once eBay pulled the plug on PWCC, I pulled my cards out. I can always send them back. I'll keep an eye on their site auctions and consider shipping stuff in a couple months.

tonedef2oo8 · 02-22-2022, 03:30 AM

Run don’t walk away

TheHeel · 02-22-2022, 05:51 AM

Quote:

Originally Posted by Ferg1945

I used PWCC Vault when it first opened. Was very pleased with it. I planned on leaving the cards in the Vault for years. I wasn't comfortable leaving my cards in my house after the surge in card values the last year or so.

Once eBay pulled the plug on PWCC, I pulled my cards out. I can always send them back. I'll keep an eye on their site auctions and consider shipping stuff in a couple months.

Same with me.

The main factor for me was that PWCC had a huge presence on eBay. With them getting the boot, sales plummeted and I bounced outta there.

blametony · 02-22-2022, 05:56 PM

Quote:

Originally Posted by TheHeel

Same with me.

The main factor for me was that PWCC had a huge presence on eBay. With them getting the boot, sales plummeted and I bounced outta there.

Definitely a big factor for me. Their presence on eBay was what intrigued me at first. Them losing their account is a huge blow and may be the single biggest reason I don't use them (shill bidding aside).

Gem10collection · 02-23-2022, 10:15 PM

Goldin was making a big push into vaulting services but after the CU acquisition that no longer seems to be the case, which leads me to believe that something is in the works either via PSA or Goldin or a combination of both.

I have been using PWCC for years and have diversified my vaulted assets by using onlyAlt. Both services are fine and do a good job. If I had to choose one I would choose PWCC but I would have no problem with onlyAlt for all my vaulted assets as well.

advan24r · 07-26-2022, 04:54 PM

Sorry to bump this up....i currently have items at PWCC, but now that I have some stuff being graded at PSA, I was contemplating on sending it over to Goldin Vault. Fulfillment fees seem the same as PWCC, but they don't have any "fixed marketplace" fee structure yet since it hasn't launched. As for the auction aspect, I don't think I would use Goldin's Auction platform w/their non-transparent fees.

Just want to get other people's thoughts.

pip · 07-27-2022, 03:09 PM

PWCC remains one of the most dishonest and corrupt organizations in the industry. Use them at your own risk.

MoreToppsPlease · 07-27-2022, 05:12 PM

Honest people don’t want honest people to use PWCC.

02-21-2022, 03:42 PM	#1
blametony Member Join Date: Jun 2019 Location: New York, NY Posts: 361 tonyconnect blametony	Goldin Vault vs. PWCC Vault I'm seriously considering moving my high end cards to one of the vault services. My main reasons are to save on my insurance costs ($500+ per year) and to be able to sell easily when I want to. I was curious if anyone has any experience with either. I read that PWCC has no seller or consignment fees and actually offer a bonus for cards sold over a certain amount. Does Goldin still charge seller fees? If anyone has any info on either service, I'd appreciate it. Thanks!

02-21-2022, 04:28 PM	#2
Asian62150 Member Join Date: Jan 2014 Posts: 6,374 Asian62150	I have some stuff at the PWCC Vault and used them for the same reasons you listed. Have had no issues with them so far. To be fair, have had no experience with Goldin to date but have friends who have used them and had good things to say. __________________ IG: Asian62150

02-21-2022, 07:20 PM	#3
MoreToppsPlease Member Join Date: Dec 2018 Posts: 8,676	The PWCC Vault is next to the PWCC Barber Shop, so they offer extra services. __________________ IRS Tax Tip 2022-57 A hobby is any activity that a person pursues because they enjoy it and with no intention of making a profit. People operate a business with the intention of making a profit.

02-21-2022, 09:18 PM	#11
KhalDrogo Member Join Date: Aug 2017 Posts: 41,160	Hey look, it’s MTP trolling again. Nothing new here. PWCC is a functional vault. Goldin is not. Yes, they can store your cards, you can send them to auction, and you can broker private sales. But there’s no public marketplace, and you have less flexibility in how you put your items up for auction. The interface on the PWCC website is also fantastic. Honestly not sure what the PWCC fees are. I think 1% to put the card in your vault, then a very trivial amount each month after that. __________________ I love PSA!

02-21-2022, 11:19 PM	#14
coltsfan23 Member Join Date: May 2009 Location: US Posts: 10,206 coltsfan23	PWCC Vault is a solid alternative if you're pretty confident that you will eventually move that specific item via their auction platform (Weekly or Premier). Fixed Marketplace is a possibility, but has very low liquidity. PWCC currently waives their storage costs and waives archival fees for graded items >250 (that will change longer-term), but it's 1% + a bunch of shipping fees to get the cards back so you're essentially paying the insurance cost that way anyways. So I'd recommend sending to PWCC right when you're looking to move them; it can be a storage platform too, but you do lose control if you want to move it anywhere else. Haven't used Goldin, but I've heard so many bad stories. As mentioned, they don't really have a functional vault, so it's only if you want to sell via their auction. Their CS is atrocious, unless you have that 6-8 figure item that will garner them press. They're just a disaster. Last edited by coltsfan23; 02-21-2022 at 11:32 PM.

02-21-2022, 07:54 PM	#6
blametony Member Join Date: Jun 2019 Location: New York, NY Posts: 361 tonyconnect blametony	Again, a pointless contribution. We’re all aware of the issues surrounding both companies. No newsflash there. I’m asking about experiences by people who’ve used the service. Not biased opinions from non-users. Sent from my iPhone using Tapatalk

02-21-2022, 11:25 PM	#15
jcmel323 Member Join Date: Jan 2012 Location: Puerto Rico Posts: 2,927	i wonder if you could pick up your cards if you live near the pwcc vault...?

02-22-2022, 02:48 AM	#16
ichirorox Member Join Date: Dec 2010 Location: Seattle Posts: 2,353 ichirorox ichirorox	I recommend the alt vault. It’s free and they insure your cards. You can list your cards in your portfolio up in their auctions also if you’d like.

02-22-2022, 02:54 AM	#17
PuddleMonkey Member Join Date: Mar 2019 Location: Pacific Northwest Posts: 4,125	PWCC is about 15 minutes from me, is this a place I can walk into and oogle all your cards or is none of this vault nonsense ever on display?

02-22-2022, 03:11 AM	#18
Ferg1945 Member Join Date: Oct 2007 Location: Midwest Posts: 14,720	I used PWCC Vault when it first opened. Was very pleased with it. I planned on leaving the cards in the Vault for years. I wasn't comfortable leaving my cards in my house after the surge in card values the last year or so. Once eBay pulled the plug on PWCC, I pulled my cards out. I can always send them back. I'll keep an eye on their site auctions and consider shipping stuff in a couple months.

02-22-2022, 03:30 AM	#19
tonedef2oo8 Member Join Date: Jun 2009 Posts: 7,328	Run don’t walk away __________________ *“ I am very good at calculating stuff. 160+60=210 “*

02-23-2022, 10:15 PM	#22
Gem10collection Member Join Date: Feb 2019 Posts: 789	Goldin was making a big push into vaulting services but after the CU acquisition that no longer seems to be the case, which leads me to believe that something is in the works either via PSA or Goldin or a combination of both. I have been using PWCC for years and have diversified my vaulted assets by using onlyAlt. Both services are fine and do a good job. If I had to choose one I would choose PWCC but I would have no problem with onlyAlt for all my vaulted assets as well.

07-26-2022, 04:54 PM	#23
advan24r Member Join Date: Sep 2008 Posts: 5,143 advan24r	Sorry to bump this up....i currently have items at PWCC, but now that I have some stuff being graded at PSA, I was contemplating on sending it over to Goldin Vault. Fulfillment fees seem the same as PWCC, but they don't have any "fixed marketplace" fee structure yet since it hasn't launched. As for the auction aspect, I don't think I would use Goldin's Auction platform w/their non-transparent fees. Just want to get other people's thoughts.

07-27-2022, 03:09 PM	#24
pip Member Join Date: Jul 2019 Location: French underground Posts: 4,009	PWCC remains one of the most dishonest and corrupt organizations in the industry. Use them at your own risk. __________________ Dealers to avoid -- https://www.blowoutforums.com/showpost.php?p=14831085&postcount=1

07-27-2022, 05:12 PM	#25
MoreToppsPlease Member Join Date: Dec 2018 Posts: 8,676	Honest people don’t want honest people to use PWCC. __________________ IRS Tax Tip 2022-57 A hobby is any activity that a person pursues because they enjoy it and with no intention of making a profit. People operate a business with the intention of making a profit.