https://www.pwccmarketplace.com/vault-marketplace?q=vaultbox Curious what the members think of these, seems a gamble for sure.
As I've posted everywhere else, I think it's an illegal lottery. Consideration (you have to buy an entry) Chance (random selection) Prize (one box is work 100x roughly from most of the rest)
I'm not yet aboard with the NGCX concept, let alone paying 600 bucks to buy the proverbial "pig in a poke"...
This looks very similar to whats been going on in the trading card world. They do "breaks", usually on youtube or instagram. You pay an x amount and hope to get a good "pull". So I am not surprised it's hitting the coin community now. I've done a few "breaks" with some wrestling trading cards. I've scored some good autographs and a few I would consider trash. It's fun.
I had to look this up Here is a breakdown of the coins you might find inside, and how it works. Box Breaks for Coins: Questions, Answers, and Numbers on VaultBox Series 1 (coinweek.com)
That cleared it up for me. I was feeling pretty uninformed up until then..... If I want to gamble, I'll buy a lottery card.
Very strange idea. Shame NGC is working so hard on this instead of, perhaps, following suit with RFID verification on coins over a certain value? Instead, they're going to bastardize numismatics by simplifying the grading system, and creating loot boxes, which very clearly are designed to make money or else they wouldn't do it... All to assumptively try to lure in the stacker types they think they can make the most cash on....
[Narrator looks at MIGuy's bank account and sadly shakes his head] - "Not today I'm afraid" I'm not much of a gambler anyway and if it was $20 I might take a flyer but for $600 I could probably buy an MS65 / 66 SLQ (more common date) that I'd love to have.
