OA Collecting Hobby Pet Peeves
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23 minutes ago, mister_not_so_nice said:

Not in my opinion, but I wouldn't suggest that approach as a good M.O. as it has it's own repercussions. 

I'm talking more about someone you've known long before the OA hobby that:

- Buys something on the CGC boards you told him you were working out a deal with the seller on. Then sells it 4-6 months later because he needed the money for a new shiny object.

- Says he isn't bidding on an item because he knows you are going after it than snipes it.

 

Nothing illegal and something every hobbyist has a right to do. Just acts that I won't accept from a "friend"  YMMV 

Egads! Hide yo wife from this guy y’all. 

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1. Today's artists bench-marking their prices against seemingly similar vintage that has already risen to the top and stood the test of time.

---

Not similar at all, of course, but you can't tell that to an artist (not should you), that he ain't the The Second Coming of Gene Colan (yet). That's not going to get anybody to a happier place.

I just had a current working artist, of some fame but not so much actually (at least half of you would not know his name at all), offer me a done-for-fun homage piece (unpublished, likely to remain that way forever, naturally) that's small (these kids -they all just luv-em-sum 9x12" for some reason?!) but is cover quality for 50% more than I bought two actual published vintage 1980s covers of the same character by The Master and from The Master...(likely at/near best of the best too) in...wait for it...2016 (so not decades ago!)

So I'll just walk. Not my job to explain things to that level. Right?

Bottom line though - I don't have the art that I would enjoy and he doesn't have any money, which I think he would enjoy some of too ;)

(is it any surprise -this guy does not have a rep? lol  -- that right there is some value-added people forget about re: reps, if they're doing their job they can/will level-set economic realities to their stable!)

Edited by vodou
clarity

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3 hours ago, Rick2you2 said:

You can skim it withou unobtrusive emails on Comic Art Tracker. 

I agree with you about lousy nude art. Let's not forget out-and-out soft porn, either, like a close up of the sex act. 

At least it's hand drawn art.  The prints & signed and graded comics that dealers (and a few collectors) post drive me nuts.

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15 hours ago, cstojano said:

The incessant and in poor taste nudity on CAF is also a drag. I used to check this site at lunch  but no more. If the wrong person is walking by you are dead meat. Wish there was a way to filter results (maybe there is and I don't know about it).

Yeah, lots of the art accumulating on CAF is just nonsense.  If there was a separate published and unpublished section, I think that could help make CAF more enjoyable to search.

Edited by Mickey7
Punctuation

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Dealer websites where the inventory is off.  I have had several instances where art shown and for sale with a price isn't actually available.  I also had one time where I was told the art was sold only to look through the same dealer's books at a show and see the art page there in front of me with a higher price. :eek:  

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On 9/16/2019 at 10:05 AM, PhilipB2k17 said:

hoping the buyer magically reads your mind

 

18 hours ago, delekkerste said:

People who don't respond to polite messages or e-mails.  A simple courtesy brush-off would be appreciated

 

The above are my two biggest by a WIDE margin.

I have been so put off by a lack of response that when a piece popped up for auction that I was previously VERY motivated on, I skipped it completely. Would-be sellers, be friendly! If we're too far apart on price or you just don't know what you want for it, just say so. At least I know to move on to something else and that (significant) cash isn't tied up waiting for your reply. I got other art to buy! :)

 

18 hours ago, delekkerste said:

2. Capital gains tax

The first year we decide to sell anything significant is the year they drop the like kind tax shelter. :facepalm:

 

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4 minutes ago, BCarter27 said:

The first year we decide to sell anything significant is the year they drop the like kind tax shelter. :facepalm:

But you were giving it all to Neal Adams anyway, so what's the difference? :baiting:

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Just now, vodou said:

But you were giving it all to Neal Adams anyway, so what's the difference? :baiting:

I told you... he's gotta trip the $100K profit mark. Then we'll talk.

And I don't have a problem paying the cap gains tax per se. I'm just miffed that I can't pay it down the road due to a like kind reinvestment. And I have more of a problem that real estate is still allowed for some unknown reason. Why do those guys get a special pass? (Seriously... anyone know?)

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4 minutes ago, BCarter27 said:

I told you... he's gotta trip the $100K profit mark. Then we'll talk.

And I don't have a problem paying the cap gains tax per se. I'm just miffed that I can't pay it down the road due to a like kind reinvestment. And I have more of a problem that real estate is still allowed for some unknown reason. Why do those guys get a special pass? (Seriously... anyone know?)

Lobbyists for the real estate industry got a carve out. So as a wise man once said, to answer most questions, follow the money.

Mike

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59 minutes ago, BCarter27 said:

I'm just miffed that I can't pay it down the road due to a like kind reinvestment

Get used to it. More to come.

Delayed gratification on the part of The State is going away, the way they spend that money...folks need those checks now, not "later". Ya know?

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1 hour ago, BCarter27 said:

I told you... he's gotta trip the $100K profit mark. Then we'll talk.

And I don't have a problem paying the cap gains tax per se. I'm just miffed that I can't pay it down the road due to a like kind reinvestment. And I have more of a problem that real estate is still allowed for some unknown reason. Why do those guys get a special pass? (Seriously... anyone know?)

Same reason as limiting the SALT deduction. Increases government revenue, thereby increasing the amount that Congress could reduce the overall tax rates—which went about 70% to business. If memory serves me, even like kind exchanges were cut back to purely residential exchanges for homeowners. Not an accountant, so I am not sure.

The SALT cap of $10,000 is worse. It means some people will pay Federal taxes on money they never get because it went to the State or local tax man. It is particularly hurting residential housing prices over $750k in places where property taxes are high.

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2 hours ago, BCarter27 said:

I told you... he's gotta trip the $100K profit mark. Then we'll talk.

And I don't have a problem paying the cap gains tax per se. I'm just miffed that I can't pay it down the road due to a like kind reinvestment. And I have more of a problem that real estate is still allowed for some unknown reason. Why do those guys get a special pass? (Seriously... anyone know?)

Even when you could do like-kind exchanges for art, I don't know anybody who actually filed the paperwork, without which it would have never stood up in an audit. 

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The ever shrinking paper size for commissions with their ever increasing prices.

The legion of internet fans who defend their artists even when they are in the wrong.

The social media users that swipe pics from your caf for likes on their twitter or instagram without giving you credit.

The buyers that refuse to pay for proper shipping and the sellers that refuse to ship properly.  

The artists that are active on social media but refuse to answer your messages. 

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45 minutes ago, delekkerste said:

Even when you could do like-kind exchanges for art, I don't know anybody who actually filed the paperwork, without which it would have never stood up in an audit. 

Yeah the proponents of this...it was always seat-of-the-pants due to unlikelihood of being audited.

My analysis was even doing so was not 100% in the clear, so I've always declared gains and paid as I've gone.

BCarter...what's your SSN...I think I can get a reward for turning you in ;)

lol the skeletons in the closet of this hobby...nightmare for an accountant; lipsmacking for an auditor.

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1 hour ago, Rick2you2 said:

The SALT cap of $10,000 is worse. It means some people will pay Federal taxes on money they never get because it went to the State or local tax man. It is particularly hurting residential housing prices over $750k in places where property taxes are high.

That loophole just meant that certain jurisdictions could upcharge with much less pushback from the residents, effectively forcing the rest of the nation to cover the deduction.

I am pleased as punch that it went away. Don't like what's happening locally re: taxation - take it up with them yourself!

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I thought of another thing that sets me off, people who besmirch Sal and John Buscema.  :sumo:

Edited by batman_fan

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4 hours ago, vodou said:

.I think I can get a reward for turning you in

:fear:

I'm squeaky clean. Cap gains on art paid and paid.... and paid some more!

Now there's a poll in the making... "How many of you paid cap gains on art sales last ye-- ulp!"

 

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On 9/16/2019 at 3:39 PM, Matches_Malone said:

Your offer could have been FMV, but Maybe your offer was so far off from the seller's asking price , that  from his perspective it did not merit a counter offer. 

This.  Not saying this applies to the OP, but receiving low-ball offers is a complete waste of time responding to . . . not even with a simple "lol".

Receiving low-ball offers would also qualify as a pet peeve.  A lot of collectors try it on . . . and you know they're trying it on.

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8 hours ago, vodou said:

That loophole just meant that certain jurisdictions could upcharge with much less pushback from the residents, effectively forcing the rest of the nation to cover the deduction.

I am pleased as punch that it went away. Don't like what's happening locally re: taxation - take it up with them yourself!

I can’t agree with that. Income taxes are supposed to be based on income. If you never get the money, because it goes to pay local taxes, it leaves you with negative disposable income. And it’s not like the taxpayer has an effective choice, either (moving is not realistic for most people). The state or municipality isn’t going to lower its taxes by anything significant because of its own cost burdens. At a minimum, it should have had a long phase-in.

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