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Old 11-15-2021, 10:44 PM
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ValKehl ValKehl is offline
Val Kehl
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Join Date: May 2009
Location: Manassas, VA (DC suburb)
Posts: 4,055
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Quote:
Originally Posted by Yoda View Post
I believe your profit equation should be: Price sold - Price Paid + expenses = Profit. I certainly take expenses when I file my income taxes for Past Ball Vintage Cards.
John, I believe a seemingly small, but important, adjustment to your basic profit equation is needed, as follows: Price sold - (Price paid + expenses) = Profit.
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Seeking very scarce/rare cards for my Sam Rice master collection, e.g., E210 York Caramel Type 2 (upgrade), 1931 W502, W504 (upgrade), W572 sepia, W573, 1922 Haffner's Bread, 1922 Keating Candy, 1922 Witmor Candy Type 2 (vertical back), 1926 Sports Co. of Am. with ad & blank backs. Also 1917 Merchants Bakery & Weil Baking cards of WaJo. Also E222 A.W.H. Caramel cards of Revelle & Ryan.
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