Numismatic Gambling with The WitterBrick

avatar

It's been a while since I came across something I hadn't heard of in the bullion and numismatic world. I was perusing sales on Bullion Brother's buyer's group on Telegram. I came across a unique offering that intrigued me.

It's called a WitterBox. (Source)

I looked it up and found out it's essentially a fancy way of gambling.

(Source)

You're hoping that by spending almost $500, you'll get lucky and the overall value is worth more than what you paid.

(Source)

As most of us know CAC is highly respected. Any graded coin certified by CAC commands a much higher price than those without the infamous green CAC sticker.

The problem is that when you look at it from the aspect that this is a for-profit company that must make a profit to succeed, then not all boxes can be "winners." There must be boxes whose value is worth less than the retail price people are paying. I'd guess most boxes don't break even, while a smaller portion do, and far fewer boxes contain coins whose value exceeds the retail price.

Personally, I'd never buy one. What about you?


1000033547.jpg
Buy DUO and stake to receive Hive dividends, tip others, have your posts curated and grow Hive!
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO




Do you like stacking gold and silver?

Are you new to Hive, or know someone new to Hive, and want help and support?

Have you been on Hive for a while and want to help new Hive members? Join HOC and help us grow Hive and encourage new members!

hive-136819 silvergoldstackers neoxian pimp bbh cent proofofbrain slothbuzz alive waivio
0
0
0.000
27 comments
avatar

You received an upvote of 92% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

0
0
0.000
Reply
avatar

@bulliontools, the HiQ Smart Bot has recognized your request (1/3) and will start the voting trail.

In addition, @bulliontools gets !LOOL from @hiq.redaktion.

For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻

0
0
0.000
Reply
avatar

I think if the money is there for such a risk plenty would take it😂😂😂

The fact that 4 of em sold out is proof....

I'll buy if I had enough though.
There is the possibility - albeit small that one would get returns😂

0
0
0.000
Reply
avatar

Yeah, if money isn't a concern, then I suppose the excitement of what you could get might outweigh the negative.

!BBH
!PIZZA

0
0
0.000
Reply
avatar

For that kind of cash I'd rather get something I'm sure I'd want.
20240711_121951.jpg

0
0
0.000
Reply
avatar
(Edited)

PIZZA!

$PIZZA slices delivered:
bulliontools tipped summertooth
bulliontools tipped kerrislravenhill
@bulliontools(2/5) tipped @thebighigg
bulliontools tipped seki1

0
0
0.000
Reply
avatar

Shiiiiit. Like you said, house always wins. I enjoy gambling, but I stick to $5 - $10 bets most the time. This shit is for rich folk.
!PIMP

0
0
0.000
Reply
avatar

Not my style….. i don’t collect random coins even if graded and rare. The chances aren’t good to score one like that, so I’d rather buy stuff I’m interested in collecting.

0
0
0.000
Reply
avatar

No, it's just playing the lottery in coin form! Clever ploy on the company's part though!
!BBH
!DOOK

0
0
0.000
Reply
avatar

Yeah, I have to give them credit. Many will fall for it, but not me.

!BBH
!PIZZA
!DOOK

0
0
0.000
Reply