ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 ebay even all in and bid your max amount of $100 You didn't technically spend $100 on a comic after fee's you only spent $87 Heritage it would look like you spent $80 but get charged $100 Looks different in format, but is the same principle 20% it outrageous Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 1 minute ago, theCapraAegagrus said: It's not, though. Your final bid on eBay is final. There are no added fees outside of taxes. This is no different on Heritage..... except it's laid out where and how the bid money is distributed.... Ebay you don't even get that disclosure Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 2 minutes ago, theCapraAegagrus said: If you bid $1k on Heritage - you're paying taxes and more. If you bid $1k on eBay - you're only paying taxes (where applicable). and this is not true either because if you were going to bid $1000 on Heritage.... your bid would be for $800...... because the 20% buyers premium would mean you'd be charged $1000..... No different the total is $1000, just laid out different between the 2 different platforms.... If you bid $800 on heritage, the bid is still $1000, same as if you bid $1000 on ebay Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 it's weird that people can say that they'll bid $800 and be charged 20% more, and still say their bid was only $800 no your bid was $800 + 20% buyers premium.... which is close to $1000 so you would say you bought it for $1000 Hollywood1892 1 Link to comment Share on other sites More sharing options...
blazingbob Posted June 1, 2020 Share Posted June 1, 2020 2 minutes ago, ADAMANTIUM said: and this is not true either because if you were going to bid $1000 on Heritage.... your bid would be for $800...... because the 20% buyers premium would mean you'd be charged $1000..... No different the total is $1000, just laid out different between the 2 different platforms.... If you bid $800 on heritage, the bid is still $1000, same as if you bid $1000 on ebay If you bid $800, with BP it is $960 not $1000 Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 Just now, TimeToShine said: Not on Ebay. There's nothing to disclose, the final bid is what you pay. There's no BP on Ebay. That is incorrect. you're paying 13% more to buy on ebay due to fees, especially with buy it now You might not think so Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 1 minute ago, blazingbob said: If you bid $800, with BP it is $960 not $1000 thank you! While you're correct and making it more complicated the gist was there Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 Just now, TimeToShine said: No because I don't consider HA's buying privilege fee to be part of the comic's price. that's not up to you it's up to the seller to determine price Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 a seller has to be ok with 20% being skimmed off the top not the buyer that is why there is all this confusion Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 Just now, TimeToShine said: 2 minutes ago, ADAMANTIUM said: That is incorrect. you're paying 13% more to buy on ebay due to fees, especially with buy it now You might not think so What are you talking about? I think you're confusing buying and selling. I can show you specifically every Dave and Adams comic for sale on their site is one price on ebay it's exactly 13% more Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 1 minute ago, TimeToShine said: 3 minutes ago, ADAMANTIUM said: that's not up to you it's up to the seller to determine price Are you on mushrooms this morning? no I just have a sense of what I'm trying to get across And if i'm not doing that justice I'll bow out..... There is a reason there are 2 different distinct opinions on this subject and I was trying to convey the reason why.... Wasn't trying to influence you or be under the influence as you suggest not interested in arguing either Link to comment Share on other sites More sharing options...
blazingbob Posted June 1, 2020 Share Posted June 1, 2020 4 minutes ago, TimeToShine said: Are you on mushrooms this morning? I was beginning to wonder what new accounting math you were using? Please pull the IRS rules on determining cost basis. Better yet how do you enter the cost into quickbooks? Comic purchase - $800 What is the $160 entry ? Expense? Fee? Tax? Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 Just now, TimeToShine said: I bid $100 for an Ebay item and win for $100. I send a check for $100 plus tax and s+h. Done. Where is this extra 13% coming from? You've had that explained to you for 2t pages Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 Just now, blazingbob said: I was beginning to wonder what new accounting math you were using? Please pull the IRS rules on determining cost basis. Better yet how do you enter the cost into quickbooks? Comic purchase - $800 What is the $160 entry ? Expense? Fee? Tax? Well that's more eloquent but still pretty hurtful Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 I can respect that 1 minute ago, TimeToShine said: No, I haven't, because I think you are extremely confused. Link to comment Share on other sites More sharing options...
blazingbob Posted June 1, 2020 Share Posted June 1, 2020 2 minutes ago, TimeToShine said: No, I haven't, because I think you are extremely confused. Explain this imaginary 13% because Ebay has no BP. He is explaining the seller side of the transaction. Book sells for $100, ebay takes 10%, paypal 3% = $87 To you your cost is $100 plus sales tax if applicable. Not sure how else to explain it bob ADAMANTIUM 1 Link to comment Share on other sites More sharing options...
blazingbob Posted June 1, 2020 Share Posted June 1, 2020 1 minute ago, TimeToShine said: Luckily I'm a comic book collector so I don't have to do any of that Well when you go to sell your collection and are determining the "cost basis" when you are calculating your long term capital gains amount you owe the IRS you better get a clear understanding. ADAMANTIUM 1 Link to comment Share on other sites More sharing options...
blazingbob Posted June 1, 2020 Share Posted June 1, 2020 I think if you were negotiating at my table at a show I would have to agree to disagree right now and move on. 1Cool 1 Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted June 1, 2020 Share Posted June 1, 2020 Just now, TimeToShine said: So I was right, he was confused. BP stands for buyer's premium. Buyer's. your right Link to comment Share on other sites More sharing options...
Hollywood1892 Posted June 1, 2020 Share Posted June 1, 2020 littledoom and 1950's war comics 2 Link to comment Share on other sites More sharing options...