Considering pitching my junk wax...

[Rich Klein]

Rick:

Legally, you can claim full book price (assuming the cards are in typical condition for 1990 cards) for a donation. Now I prefer not to give only those out but bulk such as that does bulk up our giveaway bags.

I know there is a max amount of money you can claim. There were many threads on the CU Boards back in the day on this subject. And the new tax laws do change some of this.

You can use whatever number for donationsl you want but that's one reason donations do work for junk wax cards and all those numbers are between you, your accountant, the IRS and your God (if you do believe)

Rich

[ls7plus]

I keep my early purchases of then current '89-early '90's cards as reminders of what not to buy. Books published at that time often touted buying 100 card lots of hot rookies. Only a few years later did I learn to study the history of other collecting fields to see what had done well and what had not done well over decades. The collecting mind really doesn't vary much regardless of what objects become its' targets!

Best to all,

Larry