The trend in Wagner cards

[Kco]

Originally Posted by Peter_Spaeth

I thought a collector is not supposed to offset losses.

Anyone can offset a loss, so long as you have proper and legitimate record-keeping.

For example, let's say you bought 3 items at $1,000 each. Let's say a year later two of those items are now worth $500 a piece, and the otber is worth $2,000. If you sell all 3, you've now made back your original investment, you haven't gained a single dollar. This is super simplified obviously, and you'd need record keeping and an ability to show what you bought and sold for, but capital gains is done on a total level in any given year.