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Go Back   Net54baseball.com Forums > Net54baseball Main Forum - WWII & Older Baseball Cards > Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions

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  #1  
Old 08-24-2020, 02:50 PM
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bobbyw8469 bobbyw8469 is offline
Robert Williams
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Originally Posted by 2dueces View Post
Card sold in 2018 for $400K. That’s what I call a good investment. 10x in just 2 years. Congratulations to the consignor.
The consignor was VegasDave....a POS sports tout who rips off Gambling degenerates. That is how he was able to buy it in the first place. By ripping people off.

Last edited by bobbyw8469; 08-24-2020 at 02:50 PM.
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  #2  
Old 08-25-2020, 07:43 AM
MikeGarcia MikeGarcia is offline
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Default Irs ?

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Originally Posted by bobbyw8469 View Post
The consignor was VegasDave....a POS sports tout who rips off Gambling degenerates. That is how he was able to buy it in the first place. By ripping people off.

..how long did he own it ? Does the IRS care if he's just selling an old baseball card from his personal collection , or is he selling an asset at more than he paid for it .......is there such a thing as ''unintentional , accidental, surprise !! 'profit ?

..?
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  #3  
Old 08-25-2020, 07:54 AM
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Robert Williams
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I think he owned it around 3-4 years.
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  #4  
Old 08-25-2020, 08:58 AM
moeson moeson is offline
Howie Schenker
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Default More on the Trout seller

https://nypost.com/2020/08/25/the-he...out-card-sale/
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  #5  
Old 08-25-2020, 09:01 AM
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pete ullman
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Shocking...another "crook" exploiting the hobby...and making headlines.
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  #6  
Old 08-26-2020, 11:00 AM
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Bob Davies
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Originally Posted by moeson View Post
Wow. He sounds like quite a humble man.
Ugh.
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  #7  
Old 08-26-2020, 03:28 PM
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Robert Williams
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Wow. He sounds like quite a humble man.
Ugh.
He's a turd. And that's putting it mildly.
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  #8  
Old 08-25-2020, 09:05 AM
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J0hn Raff3rty
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Originally Posted by MikeGarcia View Post
..how long did he own it ? Does the IRS care if he's just selling an old baseball card from his personal collection , or is he selling an asset at more than he paid for it .......is there such a thing as ''unintentional , accidental, surprise !! 'profit ?

..?
We're having some fun threads on Blowout because people don't realize they're supposed to pay Federal taxes on cards like all the thousand dollar Prizm basketball cards. Will be very interesting to see if the IRS ever gets involved in the sports card market.
They might be able to close the budget deficit next year... ;-)
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  #9  
Old 08-26-2020, 02:45 PM
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JeremyW JeremyW is offline
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Originally Posted by swarmee View Post
We're having some fun threads on Blowout because people don't realize they're supposed to pay Federal taxes on cards like all the thousand dollar Prizm basketball cards. Will be very interesting to see if the IRS ever gets involved in the sports card market.
They might be able to close the budget deficit next year... ;-)
Speaking of taxes, I bet the individual states in the U.S. are amazed at the amount of money Ebay is sending them in sales taxes collected.
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