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Posts posted by bpc3qh
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22 hours ago, rexinnih said:
Thanks to becoming more active in the threads here, I set up a Go Collect account and made a list with my CGC graded comics and have been tracking that. Just started and will do a monthly or bi-monthly check in also.
This is just for me as I'm still in collector vs. seller mode but will eventually start to whittle down the collection.
I should do that as well; my collection is currently in two locations, but maybe once I consolidate it I'll do so. Again, purely for tracking purposes (and maybe to allow me to get rid of things I've randomly won at auction and no longer want but can unload on someone who actually wants it).
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21 hours ago, lou_fine said:
Was reading the CC article from the Scoop newsletter which I receive every Friday and noticed one of their noted highlights here:
https://www.comicconnect.com/item/900731
Especially good to see that this gorgeous presenting copy here was still able to sell for $20,940 or for a healthy 41.5% premium over condition guide valuation, even though it was residing in one of those much dread PLOD holders, albeit with only Slight (A1) restoration work.
I guess with restoration, it still really depends on both the extent and the quality of the restoration work because a CGC 7.0 graded copy of Action 7 with Mod/Ext (B-4) restoration work only sold for a tiny fraction of condition guide (i.e. 14.6% only), while a CGC 7.0 graded copy of More Fun 73 with Slight/Mod (A-2) restoration work sold at a discount of 67.5% to condition guide.
Oh what a gorgeous looking book that is. My copy of the other great Grundy cover (All-Star 33) is Restored, so I have no issues buying a PLOD copy when it's in my price range. Alas, this copy...was not.
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2 hours ago, Callaway29 said:
This
I suppose if the character has another appearance in the Falcon finale, and actually appears in Black Widow, and seems poised for a long run in the MCU, maybe it maintains its value, but that's a lot of ifs for a lot of money.
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34 minutes ago, I am not Glenda said:
Even without a cover?
I'd argue that isn't complete.
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51 minutes ago, lou_fine said:
So, hopefully all of you already have your copies of Adventure 48 locked away in your personal collection, although for some reason the movie/TV related hype never ever seems to affect the DC comic book characters like how they do with the Marvel comic book characters.
Shhhhh. I (and my wallet) don't want to have to treat the D.C. characters like the Marvel characters. So keep quiet.
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I'm an X-Men guy, so I'd take the X-Men 1 side of the trade. I think both books are great though. Nobody loses in that swap.
- HighVoltage and KCOComics
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I admit, I'm very curious to see where prices head in the next 6-8 months as people are able to put their money into vacations, restaurants, ballgames, etc. again, because I think that is partly what has driven the larger than expected increase in prices. In theory I want prices to continue to rise, because at some point I'd be an insufficiently_thoughtful_person not to cash-out on my ST 110, but at the same time...I'd like to be able to buy the Marvel keys I truly want, and will soon have the money to do it.
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4 hours ago, D84 said:
The whole trailer felt like Guardians of the Suicide Squad.
I thought that too, and I think that's good. That tone will work well for this cast of characters, and Gunn has demonstrated multiple times that he can make it work (as opposed to a different director trying to imitate the style).
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37 minutes ago, skypinkblu said:
Maybe it's a joke? today is April Fool's Day, the 1st, not the 4th
Sold on Apr 4, 2021 for:$7,800.00
Maybe that's when the auction ends, so it defaults to that date? That did seem odd to me.
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18 hours ago, ChillMan said:
I might rub some guys the wrong way....but no one will jump in and back-me-up that Action #1 is better than 20,000+ existing 1995 Charizards?
I don't think that's really in dispute, but not everybody is going to want the Action 1 instead because they might have different priorities.
18 hours ago, ChillMan said:There are other threads on here about 9.4 AS 8, MF 73, Batman 1....with little or no context about the grade. Just assuming it's the single best existing....and sounding-off about the auction result. Totally ridiculous.
It isn't, though. It is reasonably to think that a Church book is the best copy of that book, and to consider it worthy of special discussion. It's why I, dedicated Batman collector, would probably pick the Church MF 73 over a 9.0 Batman 1 (assuming I have the funds to get another good copy of Batman 1)--because Church books are special.
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She's a good actress but she can't overcome awful writing/a moronic plot (which is why she wasn't stellar in Episode IX or in the new movie with Holland). I'd be happy to see her in this role.
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On 3/16/2021 at 11:47 AM, Spyder! said:
You mean, the guys who have an emotional connection to Pokemon because it was a big part of their childhood will suddenly start caring about comics that were not a part of their childhood?
So, I'm from the Pokemon generation (the earliest Pokemon, i.e. the ones that are now most expensive), and I can't even put into words the strength of the nostalgia I feel looking at the old cards. I'm not spending six figures on a PSA 9/10 Charizard, but I will happily pay four figures to put together a full run of the cards I used to have. The emotional attachment is stronger to the cards than the comics, but I still love collecting comics; then again, I may be abnormal since I do have an attachment to some comics characters from the GA like Batman and Superman.
- Spyder! and jimbo_7071
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1 hour ago, OuterboroGuy said:
You are generally obligated to report all income, from whatever source, to the IRS and your state taxing authority. There are some de minimis exceptions. Now, whether or now the IRS will be aware of your transactions is another question. That gets into 1099 reporting, etc. But if you are audited, and you sold $100,000 worth of comic books (or $10,000), you'd better be prepared to show that not all of it was gains, otherwise it will just be assumed to be income from dollar one.
Worst case example: You purchase an Avengers #1 for $5,000 cash. No record of your purchase. You sell that same book for $6,000 a year later, and its shows up in your bank account. Unless you can show via contemporaneous records that your cost basis was $5,000, the IRS is going to assume that $6,000 was income. So assuming top combined fed/state marginal rate of 45%, you could be liable for income tax equal to 45% of $6,000, rather than 45% of $1,000.
Interesting. I suppose the chances of the IRS noticing go down significantly if you use cash, and just consistently keep the reserve of cash for buying future books (but you probably need to disclose anyway, as you point out). And this shows the necessity of keeping things like receipts, to show it's not all pure profit.
(This just makes me happy that I am not one who does any flipping.)
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On 3/25/2021 at 9:06 PM, Math Teacher said:
I follow a simple rule. If there is ANY record of the transaction, I report it. Ebay, PayPal, Zelle, cashier's check, money order, what have you. I have done a few face-to-face deals and have been paid in cash, but, more often, I'm the buyer, not the seller, in this type of transaction.
I was always under the impression that cash deals, basically, don't need to be reported in this way (I've never really followed-up, since I don't have reporting level money and, like you, I'm always a buyer). So I suppose such an investor could take their 9.0 XM 1 to a con, and sell in cash, but that's somewhat unlikely, isn't it (and maybe you still need to report a $150k sale, even if it's cash, or the dealer would need to report it)?
I dunno. I don't buy for investment--my idea of "investment" is being willing to part with my $100 book when it suddenly becomes $300 book.
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6 hours ago, lou_fine said:
Most probably one of these newbie deep pocketed CGC label collectors who's not knowledgeable enough to know that this particular copy here was graded and slabbed during arguably one of CGC's softest grading time periods in 2010/2011.
Clearly, the mantra for the newbie all-wise Reddit Gamestoppers, sports card traders, and crypto investors here is to "Buy the label, not the book".
Most definitely, yes. Which, hey, fine by me. When I have the money to buy the "discounted" 9.6s, I'll have slightly less competition.
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I suppose it's a waste of time to note that the buyer probably could've gotten a nicer looking 9.6 for a lot less money? Yes? I'll show myself out.
- Professor K and batman_fan
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13 hours ago, bentbryan said:
Regarding the outside interference, I believe Gunn had said that WB in no way whatsoever influenced him during the making of this film which iirc was Marvel’s same approach with GoTG.
That's my understanding too; and I think that wasn't the case with Ayer's movie.
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I would be worried because the last movie had trailers that looked great, too, but I trust Gunn a lot more to maintain a consistent creative vision without outside interference. And seeing that the first movie tried to copy his Guardians movies, and now he's in control, is also reassuring. This looks great.
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I just noticed that on the "My Bids" page on ComicLink I can now sort out items I'm winning/have previously won--is that a new feature? I can also sort out by each auction, which I couldn't do before.
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Honestly, I'm too scared to place punishment bids, unless it's for a book I want. With my luck, I'll try to punish people on the only books they don't bid again for, and I wind up paying five figures for books I do not want and can't resell at even half-cost.
STRANGE TALES #110 Club!
in Silver Age Comic Books
Posted
I...was not aware of the bolded part for the longest time. At this rate I should buy a second copy of ST 110 now, because I don't know how I'll be able to avoid selling my current copy in the next ~12 months.