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W16227

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Posts posted by W16227

  1.  

    2 hours ago, rebelpk said:

    It's about time! I wonder what that will mean cost wise.

    Will it just be a drop-off point?

    Will they charge more?

    Will they grade on site, etc.

    11 hours ago, BlowUpTheMoon said:

    Collectibles submitted to NGC UK will be transported with full insurance coverage (based on the submitter’s declared value) to the CCG companies in the United States for authentication, grading and encapsulation. The collectibles are then transported back to NGC UK to be delivered to the submitter.

     

    Looks like only a drop off point - then ship back...  A step forward for sure ( as the footprint there could lead to on site activities), but short term, just easier than trying to find them at a local con or shipping overseas yourself.  Likely not any change for international lead times ...

     

     

     

     

  2. On 1/30/2018 at 2:29 PM, mattn792 said:
    On 1/30/2018 at 1:59 PM, W16227 said:

    the original thread is gone ( so harder to check aliases) ...  but it looks like "good news"  is back -

     

    he was posting on the SD comics facebook bragging bout ebay sales - also posted pics of IH 181 and ASM 129 - both CGC 3.5

    living_room_con     had ebay sales of the same books after the post ( and from San Diego) .....

    not a ton of bidding history ( most of the auctions are private bidders) ...... but worth a look from the "CGC PI Squad" ......

     

    I had a look at the completed Hulk 181, Hulk 5, and All-Star 58 as well as the currently running X-Men 94.  If it is Kaftor, it doesn't appear he's gotten back into bid shilling on eBay (not yet anyway, who knows

    --- it is definitely him

    His slab sales are strange -- cant really say if anything is going on, but he is losing money on every sale. Most are sold underwater ( so lose $$ and the ebay/paypal cut) - and most of the ones where he gets a slight bump over what he paid- are underwater with the vig.....    ( info readily available on GPA).

    If you look at his feedback - very strange as a buyer- says he has 60 bid retractions in the last year.

     

     

  3. 2 minutes ago, mattn792 said:

    I had a look at the completed Hulk 181, Hulk 5, and All-Star 58 as well as the currently running X-Men 94.  If it is Kaftor, it doesn't appear he's gotten back into bid shilling on eBay (not yet anyway, who knows what the future holds). 

    I did not see anything fishy with the visible auctions - but I am no expert by far.  Just wanted the radar out again. Never saw the guy post out a mea culpa of any sort - so unknown if he is trying it the right way this time, or trying to fly under the radar a lot more......

     

     

  4. the original thread is gone ( so harder to check aliases) ...  but it looks like "good news"  is back -

     

    he was posting on the SD comics facebook bragging bout ebay sales - also posted pics of IH 181 and ASM 129 - both CGC 3.5

    living_room_con     had ebay sales of the same books after the post ( and from San Diego) .....

    not a ton of bidding history ( most of the auctions are private bidders) ...... but worth a look from the "CGC PI Squad" ......

     

  5. 1 hour ago, blazingbob said:

    I believe that is correct.  If you have a loss for 3 out of 5 or every year the IRS questions if you are truly trying to run a business or just losing money on purpose for tax losses.  

    http://hbsbusiness.com/index.php/site/articles/avoiding_the_hobby_tax_trap/

     

    While a little old - this is a decent read on the subject for those who do this on the side.  Part of the classification s well - is that you should be running your side project as a business. Things like a separate phone line, insurance, business bank accounts, and the like - are all items that can help your case if the IRS comes knocking....

     

     

  6. 8 minutes ago, Max Carnage said:

    Do you therefore also have to report to the IRS when you lose money on a book ?  If they make money from your profit, shouldn't they lose money from your losses ?  I'm just asking as I'm curious.

     

     

    always consult a pro ( especially when dealing with high dollar) ---

    If you are an individual --- losses can offset gains, but you do not get any write off. If you are filing as a business - you can claim a loss-  though this is not recommended to do year after year as the IRS might require you to reclassify as a hobbyist ( where you do not get various benefits).

     

     

  7. 4 minutes ago, comicwiz said:

    Pawn shops are licensed buyers of used merchanise, are loan providers, and use "pawned" merchandise as collateral. While it is true that laws vary state by state, I know for certain a comic shop doesn't operate under the same law, and are not exempt from stolen property charges.  This is particularly concerning since the comic shop owner allegedly knew these were stolen. We are still light on some details, particularly whether the officer who had requested proof of ownership proceeded to file the report. If he did, it wouldn't matter that he wasn't reachable. The length of time that has passed is certainly something that doesn't help the situation, but knowingly selling stolen goods is not something that should have happened no matter how long after the robbery took place, or was first reported.

    oh - not trying to justify the action at all - the reference I had was a pawn shop ---- and really was in reference to items they purchased outright....   In many cases - individuals can be charged with receiving stolen property if they purchase stolen goods.

    Given that the books were identified - ( and the info we have ) -  at a minimum the store was sleazy as all get out. Even if the only contact they had was with the OP --- what would it actually hurt for them to put a hold on the books for a brief period just to be sure...

    Some states in the US - also have regulations for any used goods re-seller. My state has some - but they appear to target the "cash for gold" guys more than collectors....

     

     

     

     

     

  8. 2 hours ago, Couchy81 said:

    If the comic store bought them from the thief, and were left holding the bag, they don't get reimbursed when you get them returned. Sounds like hot potato.

     

    In the US --- it is a crazy mix of what is required ( varies by state). Someone posted in a thread about pawn shops and accountability for a stolen goods purchase. I was curious so I did some searching -

     

    Most of what I found was the different levels of ID/tracking the shops have to do when buying goods. If they pick up a stolen item - they are not necessarily required to return it. Many will have to have seller ID information for the police and be required to report .

    In many cases - the individual would have to take the pawn shop to civil court to get the item back ( US law state by state).....

     

  9. 1 hour ago, Gotham Kid said:
    1 hour ago, Topcollectibles88 said:

    is?

    No. Sell it to me.

    :roflmao:

     

    -- I would get the grader notes to see if there are more reasons for the tape.

    Unless you are looking to upgrade it to sell - I would leave it alone.  It does look like there might be some room to upgrade with a press ( and have CCS do an estimate for tape removal) - but I would be worried about the risk of damage on a book this old ( and COOL). 

    By default - this already has great eye appeal - it is a Batman 1

     

     

     

  10. On 12/28/2017 at 9:51 AM, boston collectibles said:

     

    Furthermore. Bomber-Bob, I may be a dope, but where would the notes be? All I got back in the mail with the books was the original submission form I gave them when I turned them in at the convention.

     

    Might not be available with on site submissions - many here have the membership subscriptions and submit direct to CGC and we receive grader notes for free.  While not a complete set of notes ( what we are sent is supposed to be a quick summary of non obvious defects) - it can help. Below is part of the screen I see - 2 identical books and grades - one had grader notes with a stain notation. Side by side - the non stained book as more visible physical defects. If you were the submitter - you may be able to call in and get the notes over the phone.

     

    You can also get grader notes ( for a fee) - from the main CGC page using the verify tool ( after you enter the cert number you will get this option), but this is for a fee.

     

     

    image.thumb.png.aa88746cbc69259f07db385ffa0e6b12.png

     

     

  11. 1 hour ago, marvinjoan said:

    I have been submitting comics a few at a time for about four years. All Gold (between 1943-1946 or Silver Age comics (1962-1965).

    As always, I inspected and packaged each properly (certified covers, boards, etc). All were connected to the cover and none were reconditioned (though one came back rated as reconditioned (?). Also a few were of the same year, type of condition and even continued sequential numbered issues for previously submitted books (ex Batman #18, 19, etc.).

    This time all 7 comics are graded up to 2 levels below the previous two years submissions. Batman 18 was rated at a .5..It has the cover attached (with some tape) no pages missing, off white pages. I have two similar condition comic previously rated over the past two years at 2.0.  There are other examples, but you get my point.

     

    Reconditioned? - you mean restored? what was the restoration listed and how are you so sure it was not restored.

     

    Pictures help. So do grader notes.  a .5 can be caused by more than just wear. The grader notes should be readily available and this will tell you if there is something you missed like a panel or coupon cut - or even missing pages ( golden age is not always consistent so you need to do more than a simple page count). If the cover is ONLY attached by tape - it is graded as a detached cover so that may be partially the reason.

     

    Many of your reasons listed - are not realistic comparisons. Sequential numbers is meaningless for grading. Type of condition - not a good description of any of the defects. Books can have a similar look - but drastically different levels of defects.

     

    If you want help or better comments  - post a decent scan of each book front and back -  and the graders notes. Lot of people on the boards have submitted thousands of books and will be able to provide you better insight . Honestly - without that information you will not get much real help.