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Posts posted by Brian48
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I'm in the unfortunate position of having to pay capital gains tax this year for a sale of a collectible. This leads to a question where I just can't seem to find a clear answer. Is there a threshold amount before an item is reportable or do I have to lump the sale of all collectibles into one amount when reporting? I.e. if I sold a book or sports card for $100k, I know I need to report the capital gains on the 100k sale, but what about all the smaller $10, $20, $50 sales I made throughout the year? Do I need to sum all these little sales for year or is (in this hypothetical example) only items sold $100k and above? FYI, I do not have a 1099 for the sale. Thx for any help.
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Not the '70s, but I worked in a LCS from '83-'84. Prior to that, I was a frequent customer from '78 so I knew the business.
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Yeah. Gorgeous copy. Better than my 9.4.
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On 6/27/2023 at 8:47 PM, N e r V said:
This was a great issue. I still have raw copy of it somewhere. It was one of my last books just before I quit collecting comics back in the mid-80s. Just so happens, this is one of the few books I still kept. Probably because of the Stevens cover, but the rest of the book was just as great.
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Wow. Great price. Congrats to the seller and buyer. Great looking 9.0.
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On 5/4/2023 at 6:55 PM, ak47po said:Nice Homage from Alex Ross.
It's here! Batman #900 is available now—limited quantities of unsigned, signed & CGC comics. Don't delay—get yours while you still can: https://bit.ly/40UqQw1
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- Jayman, Ken Aldred and RayJr
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I'm OK with this wrap. No white stripe on the front. Much better this way than in the other direction.
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Congrats. Slowing selling off my sports card collection right now. Might hit it big this year if the market holds up. Enough for me to not worry about my job any more and allow me the time to slowly sell off my comic collection.
As much as I love all the junk I accumulate, at some point you need to sell and move onto other things.
- KCOComics, silverseeker, namisgr and 1 other
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It might be the scan, but the book looks good to me, especially for the grade. The cover has always been somewhat muted anyway. I haven't seen too many where the colors are overly saturated.
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On 10/1/2022 at 4:30 PM, grendelbo said:
I remember that book was a real hot item back in day. It's a shame the whole sword and sorcery genre is nowhere near as popular as it should be.
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I've always preferred 476 as well. Classic cover in my opinion. I think the story arc is only mediocre though, but that may be just me reading the story late after all these years with a modern perspective. The issue was on the stands when I was still collecting during HS, but never bothered with it.
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On 9/3/2022 at 1:32 PM, Legion HQ said:
This was my favorite Atlas title when I was a kid. I've got nice raw copies of the run. It's a shame Atlas folded before they could complete the story line. What's comical about this title is that none of the covers ever matched the actual story on the inside. I'm guessing Adams and others had the covers already drawn during concept stage before the story were even written.
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- wormboy and F For Fake
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Trying to gauge this post-pandemic market. Has anyone seen any high grade (9.0+) sales of this book in the last year? Supply seems to have dried up for awhile.
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Adams talked about that cover. I think it was on one of Kevin Smith's podcasts. He had actually drawn Batman nude, but the censors made him draw the extra pants and trunks. This cover had always confused me as Ras is holding up the complete costume. Never made any sense back in the day.
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This thread needed a bump. Admittedly, I haven't kept up with what's been published in the last couple of years, but when I found out that someone finally had the stones to adapt Red Nails after almost 50 years since the Thomas/Smith version, I had to check it out. While I was at it, I picked up volumes II and III as well, which are also new adaptation of Howard's original stories.
- Ken Aldred and Rune
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On 6/27/2022 at 11:25 AM, speedcake said:
Wow thanks for the advice! I would definitely be interested in any stories dealing with the occult, mobsters, or the supernatural/horror.
so I’ve got some starting points to look for.
Brave and the Bold #79. Winner of the best stand-alone comic story for that year by whatever industry award standard was in place at the time. In my opinion, this is the book that started the Adams run and not Tec 395. Very undervalued as well.
Tax question - capital gains tax on sale of collectible
in Comics General
Posted
Well, ran all the numbers though the tax software. I didn't sell a lot of items over the year, but what I did sell added up to quite a bit. This is gonna be a realbutt hurt for me.