How do I sell a large and potentially lucrative collection? 0

[chasehasadog82]

In short, life is happening and I'm flirting with the idea of selling my extensive Miracleman collection.  The gem of the collection being a complete CGC 9.8 set (sans 2D) including SDCC Gold, UK #1, Apocrypha 1-3, and Family 1-2.  Popularity aside, I'd like to believe I could receive a significant amount for the CGC set alone not to mention all of the other items.  I'd sell items in subsets (CGCs, HCs, Badges, etc) as opposed to everything for a lump sum. How does one go about receiving over 10K+ in payment? What's the safest method? Do taxes come into play? Any advice would be appreciated. Thanks

Edited December 30, 2017 by chasehasadog82

[shadroch]

A dealer will pay sometimes pay cash, an online sale will go thru PayPal.

Taxes depend on your jurisdiction.

[telerites]

I do believe most auction sites will report to IRS for sale(s) over certain amounts or cumulative over a year.  Not that I have ever run into that myself.  

And not that I would suggest not reporting taxes as per IRS rules but I assume sites like this where it is mostly member policed and no fees associated with listing sales, it would be your responsibility to enter appropriate data on your taxes and self report.  

All assumptions on my part.  It is always hard to part with a collection - best of luck.