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Talking about collecting underground comics
the blob replied to DRex33's topic in Bronze Age Comic Books
A few issues, yes, probably have investment potential, but I don't see the bulk of this stuff outpacing inflation. Of course, it depends on what you're paying for it. If you're paying 10% of FMV you have a lot of wiggle room. I'm 52 and think this stuff is cool because I saw some of it as a kid, but unless it is some mind blowing cover or the 1st appearance of Cherry Poptart or some really early Crumb, what's the appeal to Millenials?- 17 replies
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- richard corben
- vaughn bode
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The humble Watcher lurking reacted to a post in a topic: Will Alex Ross ever achieve Kirby status?
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Kirby is Kirby because he helped create these characters, not because he was the most skilled, although for certain stuff his style was perfect. Going by folks in the 60s Neal Adams and even Nick Cardy were probably "better" by today's standards. Ross does not have the universe of creations under his belt.
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Pull up a chair. Let's you and I have a discussion...
the blob replied to NoMan's topic in Comics General
I really liked Ronin when it came out. It seemed groundbreaking. Of course, I was 11, so maybe not the best judge. One of these days I'll read it again. -
New Tax Reporting ($600 Threshold per year) and Consignments
the blob replied to telerites's topic in Comics General
I am pretty sure we are the same age. -
jimjum12 reacted to a post in a topic: New Tax Reporting ($600 Threshold per year) and Consignments
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New Tax Reporting ($600 Threshold per year) and Consignments
the blob replied to telerites's topic in Comics General
If ebay sends the IRS something saying I made $10K in sales I do worry about having to fill out another page on my taxes, that's all. Am I that worried if I say my cost basis is $9800 and I only made $200 profit (because the reality of it is that is probably true) I will get audited? Probably not, but I hate having to do more paperwork. -
New Tax Reporting ($600 Threshold per year) and Consignments
the blob replied to telerites's topic in Comics General
Between me and my wife, her 4 jobs, consulting business, etsy sales, and a myriad of deductions my taxes are more complicated than my 1099 and an ebay sale though -
jimjum12 reacted to a post in a topic: New Tax Reporting ($600 Threshold per year) and Consignments
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jimjum12 reacted to a post in a topic: New Tax Reporting ($600 Threshold per year) and Consignments
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New Tax Reporting ($600 Threshold per year) and Consignments
the blob replied to telerites's topic in Comics General
2022. I just feel like I'm in my 70s. As if things weren't bad enough with my achilles injury that has been a slowwwwwwww recovery, last night and this morning I had bursitis in my knee and could barely walk. 12 advils later I am ok. -
New Tax Reporting ($600 Threshold per year) and Consignments
the blob replied to telerites's topic in Comics General
$5000 a month is a real job unless you have a vast supply of primo stuff you paid discount prices for, yeah, a $500 (profit) side hustle is easy. It's weird, I hit 50 back in 2002 and lost my energy for this stuff. I guess I'll find it again next time I'm scrambling for money. I know you were supposed to pay taxes regardless, but the old reporting rules seemed fair to allow for a side hustle and to not force people into a nightmare of paperwork. $6K now I guess is a decent compromise. -
New Tax Reporting ($600 Threshold per year) and Consignments
the blob replied to telerites's topic in Comics General
I read Sharon's post as saying she does not deduct expenses, which I would read as the cost of the book, but as someone else pointed out, could be the myriad of other expenses. The problem is ebay reports $500, so it is up to you to be in a position to prove that it wasn't 100% taxable profit. -
New Tax Reporting ($600 Threshold per year) and Consignments
the blob replied to telerites's topic in Comics General
Seems nuts to pay $500 for a book, sell it for $500 and be expected to pay taxes on that. There was no profit. -
BlowUpTheMoon reacted to a post in a topic: The Comic Warehouse in Brooklyn is Closing
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The Comic Warehouse in Brooklyn is Closing
the blob replied to LazySundayComics's topic in Comics General
He was present there every time I have popped in a couple of times a year, but yeah, does he want to eventually drop dead there? It is an enormous space and even if in a weird location it seemed odd that he could pay the rent there and even employ a few people in the process. -
The Comic Warehouse in Brooklyn is Closing
the blob replied to LazySundayComics's topic in Comics General
That's a real shame. It was fun rummaging there every few months. That place is nuts. The reality is that he prices most stuff around market, but there are treasures hiding in there. I found a VG or so copy of this hidden in the dollar boxes once: -
The humble Watcher lurking reacted to a post in a topic: Are prices still climbing or have they eased up a bit???
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Are prices still climbing or have they eased up a bit???
the blob replied to InfantTerrible's topic in Comics General
The S&P 500 was up 23% in 2023 and is up 6.5% so far this year? Unemployment is below 4%. Interest rates are down (although a 20-30 year mortgage needs some work, my VR HELOC is KILLING ME). I just paid $6.99 a pound for skirt steak in a family back AND got a free taco seasoning pack, a red pepper, lime, bunch of cilantro, and package of tortilla wraps. I guess they supermarket really wanted me to make fajitas or something. If we need government booster checks for folks or 1-2 years of stay at home to have disposable income again we are in trouble. The market got a big spike of bored speculator money during covid that continued what had been building before that, I'd be fine with 2018-2019 levels although so many spikes were spec jumps based on some character appearing in a show or movie, which are always bound to subside and I think folks learned the lesson getting burned on those again and again. -
delekkerste reacted to a post in a topic: A Softening Art Market Has Hit Last Years Auction Stars
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Copper's Heating/Selling Well on Ebay
the blob replied to fastballspecial's topic in Copper Age Comic Books
I went on an Elfquest kick in 2020 when they were still cheap, but couldn't find a FQ 1 at a price i wanted. -
Copper's Heating/Selling Well on Ebay
the blob replied to fastballspecial's topic in Copper Age Comic Books
cool!