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Shrevvy

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Everything posted by Shrevvy

  1. Just realized that back cover scan looks terrible on the ASM #300. Not sure what that is, but it is not on the book or case. I'll get a better pic.
  2. Amazing Spider-man #316 CGC 9.2 White Pages $530 $475 Last sale in GPA is $630. Sorry for the crooked scan.
  3. Amazing Spider-man #300 CGC 9.4 White Pages $1395 SOLD Looks as good as some of my 9.6 copies. Last sale in GPA is $1550.
  4. This will be short thread with a few copper keys. I may add another book or two. I will also be posting a short thread in the Gold/Silver/Bronze section. It will also be CGC books only. Shipping can be combined between the two threads. Shipping is $15 for slabs and $5 for raws in the US. I will ship to Canada at cost. Paypal, check/MO for payment 7-day return on raws. No return on slabs No members of bad lists
  5. I agree. Although there is a certain amount of 1980s cheesiness in the product as well. I find myself more and more attracted to that fine 1980s cheese these days.
  6. I would take a Large in Blue today. Perfect for that spring or fall con. I can't read the pink -script. Does it give a copyright date? Is this 1980s?
  7. No, you can only deduct the cost of comics that were sold. The rest of the purchases are held in inventory. When those are sold, you then deduct those. You still own those comics. Why should you deduct them? But, you can deduct any expenses associated with buying and selling those comics. It has been mentioned before, but selling fees (eBay, Comic Link, etc), bags, boards, shipping, boxes, convention admissions, insurance and more can all be expensed.
  8. Here's a guide to economic nexus by state. Economic Nexus State Guide - State by State Economic Nexus Rules | Sales Tax Institute
  9. It is unlikely that many in these threads would be required to collect and pay sales taxes in 50 states. Each state has its own threshold for requiring the collection and payment of sales tax from entities outside the state (economic nexus). Those thresholds are typically dollars sold into a state (typically $100,000-$250,000 per state) and/or number of transaction sold into a state (100-200 transactions per state - sometimes in combination with the dollar threshold and sometimes not). If eBay allowed sellers to comply instead of eBay as a whole, most sellers would not be required to pay sales taxes. It has been law to pay use tax on out of state purchases. How many here paid taxes on comic book purchased from out of state by claiming such on their tax returns? How about purchases from Amazon (prior to them collecting sales tax)? My guess is that it rounds down to zero. Technically, these taxes are not new. I find it very hard to believe that any state would be looking at a comic seller (or any other small seller) and auditing whether you sold 199 shipments into state or 200. This is my own research from some time ago. My disclaimer is that I am not a professional and tax laws change all the time.
  10. There is no reason to assert anything to eBay. eBay sells much more than $250,000 into Alabama (for example). The alternative was to sell outside ebay and deal with filing for each state on your own. In doing so, I would be willing to guess that almost no one in this thread would file sales tax in any state except the one in which they reside. eBay collects sales tax because they are eBay. If it was pushed down to the sellers, most would not be required to file due to their size.
  11. I don't believe that to be true. Each state has a minimum threshold for creating an economic nexus and requiring sales tax to be remitted. Small sellers are unlikely to meet those thresholds and not be required to pay sales tax. For Alabma (first on the list), the economic threshold is $250,000 for out of state sellers. If you don't sell $250,000 to Alabama residents, you do not pay sales tax. Some states have lower thresholds, some higher. Some have minimum transaction thresholds. If I sell outside eBay, I am not required to pay sales tax to Alabama because I do not have an economic nexus there.
  12. I should have mentioned in the above reply that I assumed that eBay would eventually raise fees. They have since inception. I just did not think it would be so soon. It makes it look like the initial "wash" explanation was just a bunch of hooey to placate everyone upon transfering to managed payments.
  13. It is disingenuois on eBay's part. They sold it to everyone that it is a wash because they lowered the FVF to compensate for the charge against the sales tax. I agree that it was pretty much a wash. However, it appears clear that eBay had no intention of holding fees at that wash level. We are not even six months into managed payments (barely three months for us as we waited as long as possible) and eBay has quietly raised fees. I was looking at 1Q numbers yesterday (non-comic related biz) and noticed that the FVF was coming out higher than I remembered. That is the extra 30 bps they tacked on. If they communicated that (and probably did), I don't remember. I will say that managed payment does have benefits. We've had two chargebacks for people who "don't recognize the charge" despite this being bought on eBay and shipped to their address on file. eBay protected us even when the credit card company did not reverse a chargeback.
  14. I like all bikes, but my love is 1970s-1980s race bikes. I road my '85 Pinarello Montello tonight. I am still a bit surprised at values in that collectibles category. Outside a handful of big names (Merckx, Lemond, Hinault), values are still very reasonable. I have Davis Phinney's bike from one of his Coors Classic races. It would probably cost more today, but Comics are definitely pricier (as are sports cards, video games, etc). I probably would pay something stupid if I had an opportunity buy a Lemond Tour or Worlds bike. Problem is, I think there would be others that would pay something even more stupid. It is harder to follow values, but prices are definitely up quite a bit for certain bikes. That's why I take what is happening in comics a bit in stride. Nearly all assets are up. I am still a buyer of comics and bikes (and probably a few other things).
  15. I have 20+ bicycles including a couple team bikes. I contemplated buying an Eddy Merckx Paris-Roubaix bike earlier this year that would have been well north of your friends bike. It would not have been ridden regularly, but I would have had to ride it at least once. Competition can be fierce for the right bike. There is money sloshing around every where.
  16. They do it at our local DMV as well. I have found the "rule" here pretty silly.
  17. I am actively looking for several 9.8 copper books for my collection. I won't buy those with big white stripes even at a discount (unless it is so absurd I could immediately flip it). I have passed on several copies recently of books I am looking for because of that.
  18. There may be other reasons to not use eBay, but fees are not one of them. If you plan to sell such volume on eBay, sign up for a Basic Store for $28 a month. eBay caps a portion of your fees (fee cap starts at $2,500 sales price) if you are a store subscriber. A $10,000 sale on eBay would cost $468.75 in seller fees. That same sale would be $1,000 on Comiclink and $2,500 on Hertitage (assume you pay the full 10% seller's commission and adding in the full 20% buyer's premium).