PWCC says it now has over 500,000 assets stored inside its Oregon vault, with a total assessed value of over $1 billion.
The company first announced its Vault in 2018 – a new concept to the trading card industry at the time. Since then the practice of vaulting assets has been widely adopted, with eBay the latest to offer storage and direct selling from its own Delaware based facility.
Vaults offer of secured storage with a third party in a fully insured environment. Users have access to a digital portfolio of their holdings including high quality images and pricing data. Items in vaults can be placed up for sale or auction at any time.
PWCC says it is reducing its threshold for an item to qualify as a free Vault submission through the end of July – from $250 per item to $50 per item.
“The goal is to enable as many people as possible to benefit from the liquidity and flexibility that comes with a vault portfolio,” stated Chris Callahan, Director of Marketing at PWCC Marketplace. “We believe those capabilities shouldn’t be relegated just to those with cards nearing four figures or more in value. As such, we’ve worked from a logistic and technical standpoint to effectively secure more assets in the PWCC Vault. The result is opening access to more people, more assets, and creating more opportunities for clients.”
The Case Break Pavilion is back at this year’s National Sports Collectors Convention in Atlantic City with dozens of case and box breakers going live online from a special area near the main stage. WhatNot is the main sponsor this year and over 100 of the app’s top sellers are set to broadcast live throughout the weekend doing giveaways, group breaks and singles shows.
GTS Distribution will once again have a lounge area set up to allow customers the chance to grab a chair and get away from the main floor and breaker pavilion.
“It’s really important for us to support the shops and breakers at the biggest show of the year,” said Mike Blumenson, Sports & Entertainment Category Manager. “Our goal is to do anything we can to support our partners to ensure they have a successful event and the lounge area has proven to be a relaxing place to take a break during the show.”
The main stage at the show will once again offer free giveaways, trivia contests for prizes, free manufacturer box breaks, industry guests and other activities.
The 1-1 Platinum Rookie Autograph from Panini Flawless of Ja’Marr Chase has been pulled at a Fresno, CA shop.
A local TV station stopped by to take a look.
Basketballs used in the first three games of the NBA Finals are now on the block through NBA Auctions. They’ll run through July 7.
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