mlansdown

Take.

I agree that the iPad is no longer worth $550, but Schedule C (where I report 1099-K income) simply asks for cost of goods sold - not the depreciated cost. I'm not offering or looking for tax advice here - just thought I would introduce a potential silver lining when PayPal lumps all of your sales into a single sales total. Check with your CPA to determine if this strategy is appropriate for your tax situation!

If PayPal sends you a 1099-K with your gross total sales, do you now have the opportunity to use losses from garage-sale-type items to OFFSET your profits from comic books and other profitable sales? Example: Sell a comic book for $1000 (cost basis = $500) Sell an old iPad for $50 (cost basis = $550) Total sales reported on 1099-K: $1050 Cost of Goods Sold: $1050 Total Profit: $0 Total Tax: $0 It seems reasonable to balance losses against profits, a process at the corporate level that allows companies to minimize their yearly tax bite. Just a thought...

Take per PM. Thanks!

I have a used HP 8300 scanner (legal size scan bed with CCD) available for sale in the Denver area. It produces good CGC scans with Vuescan on my Windows 10 computer. I don't want to ship it due to size and weight, but if you are in the Denver area and looking for a good comic/CGC scanner, drop me a PM. Thanks...

Be cautious if Buttock slips on a pair of gloves...

Another cool mechanical Valentine from the same era of the Buster Brown piece that Rich posted:

Nice pin and very tough to find! But I've already got one...

Great stuff as always, Bob. Got any rare pinbacks or high-grade Dennis the Menace books that will make this sales thread? Asking for a friend...

Bought this one in the middle of December and it finally arrived today. I'm glad I used priority postage...

Fantastic tribute, Jeff - thanks for posting this...

Take per PM. Thanks!

Hi Bob, Here's the Capt. & Kids spinner: My example has a shallow dent at 2:00 but it's the only one I've ever seen. I have never run across your Broncho Bill example - very cool!

What pedigree?

I have some books on ComicConnect that will be won in 2020 (they just don't know it yet), but this is probably my last GA book in hand for the year. Grades 9.2 in the other guy's plastic:

My favorite Dennis Christmas cover...

Cool cover! I've got the original art to this one:

Thanks! Not a mainstream title but it is one that I really like to collect...

Only one book for me as well...

Too much time inside this year had only one upside: lots of comic books added to the collection. Pictures below depict some of my 2020 acquisitions, including my all-time favorite Donald Duck cover, a pretty copy of Uncle Scrooge (my capitalism idol), a dangerous foray (for my wallet) into Timely WWII, and a fun Spy Smasher. These books (and these boards) represented one small bright spot in an otherwise dreadful year. Here's to a better 2021!

In the coin-collecting world, a common goal is building a type set, where you purchase one nice example from each of the primary coin series. In recent years, I have been applying this same type set philosophy to my comic book collection. Putting together full runs of Detective and Action is not practical for most collectors, but finding 1 or 2 nice examples from each title is a fun way to enjoy and learn about all of the great comics available to collect. Advanced collectors might end up with all keys in their type set, but it is equally rewarding to use interesting covers, good artists, or condition rarities for your type set. And if you happen to fall in love with a particular title and want to buy more than 1-2 books? That works too - you make the rules!

I read this thread last year, and it inspired me to start buying these magazines. I'm glad I did - tons of good information. I really like the market reports from 20+ years ago: everyone lamenting about the high prices and how the market is just too high.

I added a fun Walt Kelly wraparound cover to my collection today. Mr. Kelly really likes to make his Huey Dewey Louie duck heads look like bowling balls. I've owned several mid-grade raw copies of this book over the years, but it's hard to find VF or better examples. This difficulty makes sense when I see that CGC only has two 8.0 copies as the highest-graded examples. Most of the Dell Giants have file copies available, so I'm a bit disappointed that this book is an outlier. It's noted as the first Dell Giant - I guess that means more years to accumulate wear. Just like me. Perhaps there are some high-grade copies lurking raw in old-time collections? Drop me a note if you have one to sell!

Another fun tax law: trading comics can also be a taxable event. The IRS refers to this as barter, and when you trade a comic for more than you paid, you are legally obligated to pay taxes on the gain. Kind of takes the fun out of trading, doesn't it?