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Everything posted by rsouxlja7
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New Tax Reporting ($600 Threshold per year) and Consignments
rsouxlja7 replied to telerites's topic in Comics General
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. -
Are prices still climbing or have they eased up a bit???
rsouxlja7 replied to InfantTerrible's topic in Comics General
Probably not a bad time. I paid $7250 for a 9.2 in 2019 and it looks like one just sold for $7,600 -
Are prices still climbing or have they eased up a bit???
rsouxlja7 replied to InfantTerrible's topic in Comics General
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.
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Market projections...sell now or wait it out?
rsouxlja7 replied to UncleAnwar's topic in Comics General
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. -
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Official Teenage Mutant Ninja Turtles Thread
rsouxlja7 replied to Mac Man's topic in Copper Age Comic Books
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. -
Official Teenage Mutant Ninja Turtles Thread
rsouxlja7 replied to Mac Man's topic in Copper Age Comic Books
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.
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Thank you I may look into going that route for one of my books
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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?
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Are prices still climbing or have they eased up a bit???
rsouxlja7 replied to InfantTerrible's topic in Comics General
I hope not, I have a couple more big books I need to sell -
Are prices still climbing or have they eased up a bit???
rsouxlja7 replied to InfantTerrible's topic in Comics General
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. -
Are prices still climbing or have they eased up a bit???
rsouxlja7 replied to InfantTerrible's topic in Comics General
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.
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Pic is a few years old. Sold everything but the AF15, ASM3, and ASM14. Was kind of sad to see some of them go but lost the desire to collect. Will probably hold on to the books I have left.
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closed
rsouxlja7 replied to rsouxlja7's topic in Comics Market - Sales Advertising (Ebay, Dealers, etc)
Amazing Spider-Man 1 CGC 4.0 $12,500 or best offer I bought this book graded and do not know the pressing history. It was graded in 2008 so do with that information what you will... -
I have this book listed in other places so I thought I'd list here as well. A few rules... Shipping: Included in price, USPS Registered Mail. US buyers only. Payment: PayPal preferred but if you'd like to pay with check or another method please PM me first. Time payments available but PM me first to discuss. No returns. Sales are final. No probation list or hall of shame users. trumps any PMs. My feedback thread: https://boards.cgccomics.com/topic/395594-rsouxlja7-feedback-thread/ My eBay feedback: https://www.ebay.com/fdbk/feedback_profile/rsouxlja71
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SOLD & CLOSED Grail for sale - TMNT #1 CGC 8.5 1st print
rsouxlja7 replied to rsouxlja7's topic in Copper / Modern Age Only
New Year bump -
Are prices still climbing or have they eased up a bit???
rsouxlja7 replied to InfantTerrible's topic in Comics General
That’s one of the things that I think a lot of the new “investors” don’t really get about these high end collectibles - it is generally DIFFICULT to sell this stuff unless you’re blowing it out for a deal, and the fees can eat you alive if you’re not doing it yourself. I only have a few books left to sell and I will be glad to see them go -
Are prices still climbing or have they eased up a bit???
rsouxlja7 replied to InfantTerrible's topic in Comics General
It's interesting that the S&P500 was up 26% and the Nasdaq 44% in 2023 yet comics trended down almost every month. -
Magazine Selling / Trading Thread ONLY
rsouxlja7 replied to toyman-migration's topic in Comic Magazines
Are there any boxes you guys recommend for shipping magazine slabs -
SOLD & CLOSED Grail for sale - TMNT #1 CGC 8.5 1st print
rsouxlja7 replied to rsouxlja7's topic in Copper / Modern Age Only
She is a beauty