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Unfortunately it's because the rich have all of the resources to challenge the IRS on their audits and they don't have the manpower to make them pay up. It's infinitely cheaper and easier to send automated notices to the common man that received a 1099 from PayPal that they can tell didn't get reported on a Schedule C without having a human involved, and the common man is more likely to pay up without a fight. Just the world we live in.

Probably not a bad time. I paid $7250 for a 9.2 in 2019 and it looks like one just sold for $7,600

Those Hulk 181 results, yikes.

You'll want to compare the value of the book raw vs the book in the same condition graded and take into consideration the grading fees and pressing if you are going that route as well. Personally I never bothered grading anything worth less than $1,000 due to those factors.

An easy way to analyze it: if you had the value of your collection in cash today - would you spend it to buy those books? If not, sell. Also consider opportunity cost. If you plan to put the money in stocks, real estate, etc. - you have to consider the returns you'd expect to make on those investments vs what you think the comic market might do. I sold half of my collection a year ago and put it in the S&P 500. It has return over 25% in that time. The stuff I held onto went down 10-20% in that same timeframe.

edit

Thanks man. I will probably end up regretting it and miss it but at the same time it just sat in a safe rarely to see the light of day It was nice to own though for sure.

Sold most of my collection over the past few years. I think this is the only book I will miss. Bought raw in 2017 on Craigslist.

Sounds like someone who sold an ASM300 on eBay in 2022 is about to have a bad day.

Thank you I may look into going that route for one of my books

For the books you consigned to Bob Storms - do you ship the books to him and then he brokers the sale or do you keep them until he has a deal in place?

I hope not, I have a couple more big books I need to sell

In my opinion comic collecting isn't going anywhere and prices for big keys don't have much more room to fall, but I don't see a rebound coming anytime soon either. I think the short term future (5 years) is just prices just staying about where they are, which is when you have to factor in your opportunity cost of holding these books vs investing elsewhere. Of course if you are just buying books to collect then you are probably going to be just fine. I would not be buying books with plans to invest, but I also never did see comics as part of my investment portfolio.

I would think future Fantastic Four and X-Men MCU involvement is already "priced in" for the big keys.

One more old pic. Still have the GSX1 8.5, the two graded Hulk 181s, and one of the raw ones is now graded 5.0.