So I thought with the last Vault box offering priced at $350 they had realized that the demand for pricier options were not the way to go and perhaps it would be better to keep them somewhat "reasonable". Well, lo, today an e-mail appears with the latest Vault Box offer labeled "Surge" which will contain one PCGS slabbed coin of varying pedigree. A lot of desirable stuff there but at the price of......................$1050.00. So much for my hopes of "reasonable". I've yet to go through the distribution list so maybe it'll be a good deal or, back to gambling mode.
I guess some of us really, really like to gamble, and apparently this doesn't run afoul of any laws. It sure doesn't appeal to me, though.
It’s all a percentage game with a few big winners, a few breaking even and a lot of losers. The house is getting their cut from the losers. The more expensive the offering the harsher the percentages will work against you. Many will end up with a $500 coin or less for their $1k purchase. I’ve also noticed some high grade coins with poor eye appeal in a few VB holders on eBay. It’s an expensive game. Seems like an offering every month now. Used to be a couple a year.
