CatskillMike

On 4/24/2020 at 6:39 PM, Primetime said:

any collectibles I ship or are shipped to me are covered with my Collect Insure policy . For $1000, I can send USPS Priority Mail w/signature and it's covered for up to $2500. If I needed more than $2500 coverage, I just need to ship USPS Express w/signature or Registered w/signature or FedEx Overnight w/signature and it's covered for up to $60k per package. 

I also read in CIS policy that insurance is covered both ways. 

So how does one get something sent back from CGC using, say, Registered Mail, and not have to pay the additional insurance through them?

1 hour ago, Phill the Governor said:

I believe that Walkthrough and Express submissions are the only ones that will get pushed to the front of the line. As far as I know fast track does not qualify.

Bingo- I just submitted last week with a walkthru, an Express, and some Fast Track Economy.  The instructions only designated WT and EX were to be written on the outside of the box.

PKJ, I hope they find it pronto. Not cool at all.

My box did have 1 walkthru and 1 Express, and was marked WT and EX on the outside.  Maybe they pushed it through because it had 2 "specials"?

4/20/21 Received

WALKTHRU

Finalized / Imaged / Shipped

4/22/21

Accepted/received on Monday 4/20 at PO, shown as received by them on Tuesday 4/21, graded today Wednesday 4/21.  

So in this case it took 1 day, not 1 week, to open the box and enter the submissions for a walkthrough.

2 hours ago, miraclemet said:

Keep raising prices until submissions drop enough to get those TAK times down. 

Or keep raising prices until it generates the cashflow to hire more people. 

I've been sitting on a submission pile and I'm not sending it until I see turnaround times improve.

(of course if it gets all the way to Baltimore time, I'll just sub them at the show for onsite grading)

I said this three years ago and finally gave up and sent in last week.

70's Atlas?

Thanks for the help!

I know this belongs in "Ask CGC" but it is Sunday and I thought I would get a fast response here.

I printed out a packing slip and now I want to remove 1 book and add another.  Do I need to call on Monday or is their a way to cancel or edit?

On 4/8/2021 at 12:03 PM, Ryan. said:

I'm going to guess, Ren and Stimpy?

Hi-

My first direct submission.

I printed a packing slip and now I want to pull one of the books and replace it with another. How do I do this? 

Nothing has shipped yet and nothing has been charged. Can I cancel that one and create a new one from scratch, or can the first one be modified?

Gorgeous copy! Sharp and clean.

I guess this book finally has made the big time, I'm glad to see.  I always thought it was an underappreciated Hitler cover, but not anymore! 

Grab it before it goes up even more. (Now I will run downstairs and check my copy I haven't seen in 9 years)

GLWTS

How does UPS get away with charging someone a lot more for insurance and then not pay? I have heard this was the case for awhile now but I can't seem to get over the fact they are collecting money for a service and then not provide the service.  What excuse are they giving?  Maybe someone should sue them over it, if you can afford to go up against their battery of lawyers.

As for the subway thing, the same BS goes on where I live also.  I stopped telling them what I want and wait for them to ask me in their particular order. 

3 hours ago, Wolverinex said:

So what I'm gleaming from this conversation is that only use USPS.

 

Use registered mail. 

 

Get your own insurance

 

This is what I have determined reading the last few threads about shipping and CIS. 

These boards never disappoint!

16 hours ago, gadzukes said:

OMG! 

What does that make my 7.0 worth? $30,000?

If I'm not mistaken, I think about tree fiddy.

1 hour ago, www.alexgross.com said:

now it is. just took a couple of days. 

X Men 1 CGC 3.0 sold on ebay

Actually, periodicals do not get sales taxed.  At least in NY when I bought comics.

15 hours ago, DR.X said:

" Mega Troll " ? That has made for SyFy movie all over it. Maybe we can get Lorenzo Lamas to play the lead.

I have 20k in insurance (inadequate with the current rise in keys) and pay $107. CIS

Somebody earlier mentioned you should cover your cost basis.  I respectfully disagree.  I bought my Xmen 1 in VG about 18 years ago for $690. When I value my collection for insurance purposes, I don't use $690 as part of the equation. I will now use $10,000 evaluation. 

My business has been filing 1099's for many years now.  Any payments I made over $600 to individuals or non incorporated businesses receive these.  If I had an electrician rewire a building or something like that and and the bill was $601 or $6000, he gets a 1099.  Businesses have been doing this for many years.  It is the law. I did not like the fact they were making me the "policeman", but that's how it is. 

The plumber does not have to pay taxes on the $601 or whatever amount. He will pay the taxes on the profit.  This 1099 thing is just so EVERYBODY knows he received it.  Me, him, and the IRS.  That way he need to include it in his gross sales.  He can't "hide" it anymore. Even if paid in cash.

10 hours ago, CatskillMike said:

You don't pay taxes on your primary residence anymore if you sell it.  Way back you were allowed a one time lifetime exclusion, then they went to every 5 years or something, and now it is tax free after 1 year I think.  My brother in law sold/bought 3 houses in a matter of 10 years or so and never paid any income taxes on them. He always sold them for a little more than he bought them for.

 

7 hours ago, OuterboroGuy said:

This is just wrong.  See: Turbo Tax on sales of primary residence

Of course, most people (like your BIL) don't realize home sale profits of the size that put you in the capital gains tax bucket (e.g., over $500k profit for a sale by a married couple).  And a lot of houses end up in estates so a different tax regime applies.  Of course, if he was flipping houses as a business, any profits are taxable regardless of the fact that it was a home that was sold (as opposed to a comic book or a widget).

I should have been clearer. 

Not a business, just life and new jobs.

These were "small" amounts, like $40-50 k profits each time. He wishes he realized a gain of 500k!

3 hours ago, OdinsSecrets said:

You pay taxes when you sell it, same as with a house. 10 years passing doesn't change tax obligations. Same as if I had the foresight to buy $APPL or $TSLA 10 years ago, holding it for a long time doesn't mean I don't have to pay taxes.

You don't pay taxes on your primary residence anymore if you sell it.  Way back you were allowed a one time lifetime exclusion, then they went to every 5 years or something, and now it is tax free after 1 year I think.  My brother in law sold/bought 3 houses in a matter of 10 years or so and never paid any income taxes on them. He always sold them for a little more than he bought them for.

5 hours ago, october said:

I pay taxes every year on my sales, but I need another 1099 like I need a hole in my head. 

Old school check/money order rule deployed. 

 

Isn't there a current thread with comments about using old school methods for payments?  In the probation area? I think it was said "why would anyone want that"? 

Now you know.