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retired scientist
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The First State
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Off Panel reacted to a post in a topic: Marvel Spotlight #5 Affiliation
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Off Panel reacted to a post in a topic: Marvel Spotlight #5 Affiliation
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namisgr reacted to a post in a topic: ASM #252 CGC 9.8 Record Sale - something fishy going on? - Holder Tampering Incident confirmed by CGC
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namisgr reacted to a post in a topic: ASM #252 CGC 9.8 Record Sale - something fishy going on? - Holder Tampering Incident confirmed by CGC
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Artifiction reacted to a post in a topic: SMALL SCUFF ON THE CORNER
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namisgr reacted to a post in a topic: WHAT IF: Stan Lee wasn't working at Marvel/Atlas Comics in 1961?
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namisgr reacted to a post in a topic: SILVER CONNECTIONS
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Talking about collecting underground comics
namisgr replied to DRex33's topic in Bronze Age Comic Books
I began collecting undergrounds featuring my favorite creators in the 1970s, and continued sporadically for decades not for their investment potential but for the love and appreciation of the storytelling, points of view, and art, all of which are distinctly different from books from the major comics publishers. In 2021 I sold the bulk of the collection here on the boards. The price appreciation for these books was modest, but there's a dedicated group of collectors and the sell through from my thread was outstanding:- 17 replies
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- richard corben
- vaughn bode
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(and 5 more)
Tagged with:
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New Tax Reporting ($600 Threshold per year) and Consignments
namisgr replied to telerites's topic in Comics General
The audit rate for taxpayers earning less than $500,000 in annual income is below 0.2%. And there are plenty of common mistakes that can trigger audits, making submission of a few thousand dollars worth of collectibles sales with a rough good-faith estimate of cost basis and so net profit extremely unlikely to trigger one. As the IRS loses billions in legally owed taxes from compliance failures, that's a lot of lost revenue the agency would like to at least partially recapture. And, as mentioned already, they're getting increased resources to go after the major contributors to compliance failure, the top income earners and the large and highly profitable corporations that pay single digit tax on their profits, no tax at all, or in some cases no tax accompanied by a refund such as Tesla. -
New Tax Reporting ($600 Threshold per year) and Consignments
namisgr replied to telerites's topic in Comics General
Gross income must be at least $13,850 for a single filer and $27,700 for married filing jointly in order for a tax return to be required for persons under age 65. https://www.hrblock.com/tax-center/income/other-income/how-much-do-you-have-to-make-to-file-taxes/ -
New Tax Reporting ($600 Threshold per year) and Consignments
namisgr replied to telerites's topic in Comics General
Actually, the IRS just this fiscal year received an infusion of money in order to upgrade their digital systems and provide resources to enforce legally owed taxes on the wealthiest individuals. It's estimated that the IRS loses hundreds of billion dollars a year in compliance failures on legally owed taxes by the top 1% of income earners. -
Infinite Marvel Picture Frame books
namisgr replied to Guardian Comics's topic in Bronze Age Comic Books
Winner for the most black picture frame issues. Monster titles were published bi-monthly, and had surprisingly few black covers. -
Nobody thinks this is a game, excepting perhaps people who only reveal new e-mail accounts with satirical names like mariafartaroma.hotmail.com and give out cloak and dagger in place of straightforward and useful information. The concerns here include being led down a primrose path that turns out to be worthtless, or worse still, costly, by people whose actions are not the most direct and likely to achieve successful resolution of the multiple thefts. In this regard, real full names and contact information that facilitate due diligence by the aggrieved would be a good start.
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Catalina and Flake. Has a kind of Starsky and Hutch, Cagney and Lacy, Abbott and Costello kind of vibe. Continued good luck to all those having had their comics stolen getting satisfactory and fair resolution, in the form of the books being returned or receiving compensation in full for their value.
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SMALL SCUFF ON THE CORNER
namisgr replied to Darthvader23's topic in Comic Book Grading and Restoration Issues
Grading is done expeditiously, and the logging of graders notes is thought to be a very short process that's neither comprehensive nor done with perfection. As far as this particular comic goes, the assigned grade looks appropriate based on the generally very sharp appearance but the slight corner wear visible on the scans provided. -
That brings back a lot of memories, as the Phil Seuling NYC show in '75 was my first big comic con. While I still have that program, it doesn't have the cool collection of autographs yours does - instead, I had creators sign comics of theirs that I brought with for the occasion or purchased at the show. I remember that none of them charged to autograph a book, and they universally seemed happy to do so, soaking in the joy expressed for their work by those who talked to them. Being a show in New York, where the publishers were based, there was a head-spinning number of creators at the show, all willing to sign pieces the fans brought: Kirby, Steranko, Stan, Neal Adams, Barry Smith, Wrightson, George Perez, Claremont, Sinnott, Giacoia, and on and on. I also had Bill Gaines sign my copy of Mad #100. Several of my books autographed at that show have been posted here before. Here's two of them that spent over 40 years as special pieces in my collection, now sold off along with the rest of my SA and magazine collections: