Shrevvy

X-men #58 6.5 $195 SOLD

X-men #57 4.5 $55

A few minutes late, but here we go...OT in KC. We'll see if anyone is around. X-men #56 4.5 $40 Sub crease, bright colors.

X-men King Size Special #1 4.0ish $38.00 SOLD This should be an 8.5+. Colors are bright and pages white. However, there is a ~1 inch bug chew on the spine just below Thor's cape. Hard to even see in a mylar...get a beauty for a bargain.

Recap: Page 1 X-men King Size #1 4.0 $38.00 SOLD X-men #56 4.5 $40.00 SOLD X-men #57 4.5 $55.00 SOLD X-men #61 8.5+ $150.00 X-men #63 4.0 $40.00 SOLD X-men #64 7.0 $575.00 SOLD Page 2 X-men #66 6.0 $95.00 X-men King Size #2 7.0+ $45.00 SOLD Fantastic Four #86 2.0 $10.00 SOLD Page 3 Doctor Strange #3 5.5 $10.00 Doctor Strange #4 5.5 $10.00 Doctor Strange #5 4.5 $8.00 Doctor Strange #13 5.5 $8.00 X-men #6 2.5 $285.00 SOLD Doctor Strange #170 7.0 $55.00 Doctor Strange #171 8.0 $65.00 Doctor Strange #173 7.0 $55.00 SOLD Doctor Strange #174 8.0 $65.00 SOLD Doctor Strange #175 7.0 $55.00 Doctor Strange #177 8.0 $65.00 SOLD Doctor Strange #178 6.5 $40.00 Page 4 Doctor Strange #180 6.5 $40.00 SOLD Doctor Strange #181 6.0 $35.00 Doctor Strange #182 6.5 $55.00 SOLD Doctor Strange #183 6.5 $40.00

Anybody up for some sweet Neal Adams X-men books between football? I have a small X-men collections including several Adams issues. Page quality is very good on these books. Colors are bright with even the lower grade books presenting well. Grades are mostly 6.5-7.0ish with a couple below and a couple above. Right now, everything will be raw. I'll post one book now and start posting around 6:00 ET. Rules: Shipping is $15 for slabs and $5 for raws in the US. I will ship to Canada at cost. Paypal, check/MO for payment 7-day return on raws. No return on slabs No members of bad lists A preview pic of what is to come:

Because legalese is always fun, here are the relevant points from each. This may not be all inclusive as my eyes do glaze over a bit when reading this. Note that Comiclink states a bid by a consignee is NOT in good faith while Heritage states it IS in good faith. Bold and italics are mine. Comiclink Terms and Conditions: 9. COMICLINK reserves the right to refuse to honor any bid or to limit the amount of any bid, in its sole discretion. A bid is considered not made in “Good Faith” when made by an insolvent or irresponsible person, a person under the age of eighteen, or is not supported by satisfactory credit, or for other reasonable grounds. Regardless of the disclosure of his identity, any bid by a consignor or his agent on a lot consigned by him is deemed not to be made in “Good Faith.” 37. COMICLINK, its owners and its employees may bid on any lots owned by others but may not bid on lots owned by themselves or each other. COMICLINK expressly reserves the right to modify any such bids at any time prior to the hammer based upon data made known to it. Heritage Terms and Conditions: 13. Notice of the consignor’s liberty to place bids on his lots in the Auction is hereby made in accordance with Article 2 of the Texas Business and Commercial Code. A “Minimum Bid” is an amount below which the lot will not sell. THE CONSIGNOR OF PROPERTY MAY PLACE WRITTEN “Minimum Bids” ON HIS LOTS IN ADVANCE OF THE AUCTION; ON SUCH LOTS, IF THE HAMMER PRICE DOES NOT MEET THE “Minimum Bid”, THE CONSIGNOR MAY PAY A REDUCED COMMISSION ON THOSE LOTS. “Minimum Bids” are generally posted online several days prior to the Auction closing. Any successful bid placed by a consignor on his property on the Auction floor, by any means during the live session, or after the “Minimum Bid” for an Auction have been posted, will require the consignor to pay full Buyer’s Premium and Seller’s Commissions on such lot. Auctioneer or its affiliates expressly reserve the right to modify any such bids at any time prior to the hammer based upon data made known to the Auctioneer or its affiliates. 15. Auctioneer reserves the right to refuse to honor any bid or to limit the amount of any bid, in its sole discretion. A bid is considered not made in “Good Faith” when made by an insolvent or irresponsible person, a person under the age of eighteen, or is not supported by satisfactory credit, references, or otherwise. Regardless of the disclosure of his identity, any bid by a consignor or his agent on a lot consigned by him is deemed to be made in “Good Faith.” Any person apparently appearing on the OFAC list is not eligible to bid. 21. The Auctioneer, its affiliates, or their employees consign items to be sold in the Auction, and may bid on those lots or any other lots.

The terms do not reference a reserve, but reference a "bid placed by a consignor on his property on the Auction floor, by any means during the live session" Regardless, all I was doing was pointing out the terms of service for Heritage and Comiclink are similar. I've seen the claim multiple times that Texas legalizes all sorts of nefarious practices. That Heritage has an algorithm that bids you to your max secret bid because of those loose laws (therefore doing it legally). Whether or not a consigner can bid on their item does not play into the accusation that the auction house is bidding against real buyers. Reading the terms of service of Heritage and Comiclink, there are more similarities than differences. Both allow the auction house, its employees and affiliates to bid on items in their auctions. Therefore, both could bid against "real" buyers if they choose too (or, more likely, Bob in shipping can bid on a book for his collection). I also recognize that terms of service can give a company more latitude than what their current actions may be. If someone doesn't want to bid in Heritage auctions, that is fine. The reasoning should not be based on the state of Texas and their "permissive" laws. There are auctions I will not buy from for various reasons. However, I routinely bid in both Heritage and Comiclink auctions. Sorry again for what feels like a big thread drift.

He quoted me. I pulled it from Heritage's Terms. From their website: Conducting the Auction: 13. Notice of the consignor’s liberty to place bids on his lots in the Auction is hereby made in accordance with Article 2 of the Texas Business and Commercial Code. A “Minimum Bid” is an amount below which the lot will not sell. THE CONSIGNOR OF PROPERTY MAY PLACE WRITTEN “Minimum Bids” ON HIS LOTS IN ADVANCE OF THE AUCTION; ON SUCH LOTS, IF THE HAMMER PRICE DOES NOT MEET THE “Minimum Bid”, THE CONSIGNOR MAY PAY A REDUCED COMMISSION ON THOSE LOTS. “Minimum Bids” are generally posted online several days prior to the Auction closing. Any successful bid placed by a consignor on his property on the Auction floor, by any means during the live session, or after the “Minimum Bid” for an Auction have been posted, will require the consignor to pay full Buyer’s Premium and Seller’s Commissions on such lot. Auctioneer or its affiliates expressly reserve the right to modify any such bids at any time prior to the hammer based upon data made known to the Auctioneer or its affiliates. terms-and-conditions.pdf

He did Ghost Rider #2 as well...

Honestly, not sure. Maybe someone can shed a light on that. I can understand how an auction house or employee being allowed to bid on an item is not shill bidding (but could be shill bidding). I am less clear on an owner bidding on his/her own item. I am also curious how many states have similar laws. Texas is not uniqe, I am certain. In its terms, Comiclink states that Comiclink, its owners and its employees may bid on any lot not owned by themselves. Comiclink also expressly prohibits a consigner from bidding on its own item. EDIT: This is probably not the thread for all this, but wanted to add Heritage's terms. They are similar, but different to Comiclink. A consigner may give a written bid ("minimum bid") prior to the live auction. That bid will receive a reduced comission if it wins. Consigner may bid on their own item in a live auction, but must pay the full commission. Heritage, its employees and affiliates may consign items and bid on those and any other items. The difference between Comiclink and Heritage is that a consigner can bid on its own items at Heritage, but not at Comiclink. The auction house, employees and affiliates can bid on items at either.

Thank you. Shill bidding is NOT legal (Heritage was sued for shill bidding because it is illegal...): (d) A licensee may not knowingly use, or permit the use of, false bidders, cappers, or shills at any auction. Owner, agent, consigner can bid if disclosed: (e) Before beginning an auction, a licensee must announce, give notice, display notice and/or disclose: (3) if the owner, consignor, or agent thereof has reserved the right to bid.

Can someone point me to the Texas law that shows what is and is not legal? My search capabilities, especially when it comes to state law, is apparently terrible. I tried to find it, but have been unsuccessful.

So, if you found this in a box you would throw it away? If not, it is not worthless even to you.

kjallen132 Made an offer on a four figure book. I accepted. The next day he asked to cancel saying he "was messing around and accidentally hit the button."

So do I. Loved that cover as a kid and still do.

X-men $80 Just to clarify the time, end is 9 PM ET?

Doubt they paid the full vig. Regardless, why? Heritage helped create a market for it and brought the buyers. Earlier in the thread someone posted a private offer of $250k for this and another page. Seller could have taken that. No buyer's premium or commission there.

No you are not.

There is a lot of drek from the 1980s, but I would never have included Transformers #1 as drek. Certainly, it is not the drekiest of drek books. It is one of the greatest toy properties to come out of the 1980s and has multi-generational fans. Pre-Teen, Dirty Gene Kung Fu Kangaroos is drek.

If these are "investments" as the IRS is treating them, he has no tax liability. His basis in the books adjusts to market value when it passes from the estate to him. So, his gain would be $0. He will likely get his 1099 and pay 20-something% tax even though he does not owe it...heavy handed (yes, coercion) policy from the IRS. Sorry to thread drift.

Hulk 340 followed by ASM 316. They are both copper age classics that are tough to beat. I own both. I almost sold my 340 9.8 during the frenzy of last year, but did not. I did sell my 316 9.8 in the runup but kept a 9.6. I'll buy the 9.8 again, I am sure. I grew up buying and reading these books of the stands. There are few copper books that top McFarlane covers for me given the nostalgia. People can carp on prices and buyers paying for common books all day, but it is only money. If you enjoy it, who cares.

This sale? That's really cherry picking a data point. It did not see $1000 again until December 2014. That seems to be an outlier for some reason. Just eyeballing the trend, the book was flat to down from 2003 to 2013. It rose from 2013 to 2015, dipped in 2016 and began to rise in 2017 thru today. Data is a bit sparse in the early years. From 2003 to 2008, GPA shows a total of 20 sales. There were 16 sales in 2009. From 2010 to 2021, sales ranged from 20 to 35 copies per year.

I don't want people skipping out in paying taxes. What gets my ire up is that many people will pay taxes not owed out of fear and coercion from the IRS. I also don't think it is any business of the US Government (or anyone for that matter) on what I do with $600 (see the deposit/withdrawal legislation they tried to enact at roughly the same time). You can see by the amount of confusion in this and the many other threads on this board on what taxes will be owed. How many times has donut and other said "you are taxed on NET not GROSS." And this is in a forum in which people are in the "buisness" of buying and selling (I use business loosely here). There will be many receiving a 1099 that will have no idea what it is other than they must pay taxes on the amount. I can hold both positions. I want people to pay taxes they owe. I can also believe this is a poor and costly attempt at doing so. The mechanics are horrible and starting from a position of accusing everyone is guilty is even worse. If anyone truly believes that the "15%" (estimates vary widely on that number) underground economy lies between $600 and $20,000 for sellers on eBay, etsy, CL, etc, then they do not understand math.

I don't disagree with this. We look at this through the lense of collecting comic books though. My arguement since this was signed into law is that it ropes in way too many people that should not get 1099s. Sell your couch and living room furniture for $650, get a 1099. It is on you to prove that you bought it for $1500 and is by no means an "investment." The IRS is saying "guilty" and it is up to you to prove your innocence. I am never onboard with that mentality. I have filed taxes for multiple entities for well over a decade. This effects me exactly zero. It is a shake down on those most likely to need the money and most likely to not have professional representation. The average person who sold something on eBay or CL to get a little cash out of something they no longer use, will be coerced into paying taxes they do not owe. A letter from the IRS is very scary. It is a huge over step of the regulartory authority. Anyone thinking the $600 1099 threshhold and the $600 bank tracking scheme is coincidence, is naive. Honestly, if someone on here skipped out on not paying taxes on $800 of sales (on which they made say $200 and owe $44), I don't really care. I would much rather have some not pay taxes they owe than have some pay taxes that they do not owe. The "holier than thou" attitude of many defending this policy misses the much bigger picture.