1952 Rosen Mantle SGC 9.5 Final Price � Too high, too low, just right?

G1911 · #1 08-31-2022, 11:17 AM

Quote:

Originally Posted by Lorewalker

Well facts are very hard for some to accept. Inward looking eyeballs will do that to one's perspective.

So let me get this straight Greg...at no time did you or your friend feel the urge to condemn one another for dissenting view points? No F Offs were exchanged? Surely there had to be bile in that discussion so one of you had to be thinking to tell the other to F Off, no? I am glad to hear that you did not feel compelled to push an elderly lady down a staircase because your portfolio did not appreciate today. I am guessing it was not too hard to resist.

And thank you for asking. I had a great Tuesday. I was productive at work. Was able to cut out a few hours early, in fact. I would have been able to leave earlier had I not been sucked in by two grown men losing it here. Hit the gym, ran a few errands and had dinner at home with the wife, kid and dog. Caught up with each others' day and spent an hour looking at my severely off center (60/40 both ways) 1953 Bowman set to see which cards I needed to upgrade due to too much corner wear. Not once did I think to check the market, look on Zillow to see if my home went up or down in value or get upset that there has been no appreciable increase in the value of my Auth 52 Topps Mantle.

I know it sounds crazy, but there was no F off situation! I even had to stand factually corrected and abandon an argument when I misrecalled a statistic and Baseball-Reference proved me factually wrong. We even disagreed on faith as my reverent agnosticism does not align with his Catholicism. No screeching was had nor was anyone condemned to Hell.

Sounds like a good day to me, but I must express some surprise at one component. You mean you, sir, own a 52 Topps Mantle but are NOT ignoring inconvenient facts, what people you might be criticizing have actually said to argue against something they did not say but is easier to attack, and abandoning all dignity and connection to reality to spew complete fiction mixed with outraged fury to serve the obvious purpose of pumping the end of the market you are invested in and this card in particular? That is possible?

Lorewalker · #2 08-31-2022, 02:04 PM

Quote:

Originally Posted by G1911

I know it sounds crazy, but there was no F off situation! I even had to stand factually corrected and abandon an argument when I misrecalled a statistic and Baseball-Reference proved me factually wrong. We even disagreed on faith as my reverent agnosticism does not align with his Catholicism. No screeching was had nor was anyone condemned to Hell.

Sounds like a good day to me, but I must express some surprise at one component. You mean you, sir, own a 52 Topps Mantle but are NOT ignoring inconvenient facts, what people you might be criticizing have actually said to argue against something they did not say but is easier to attack, and abandoning all dignity and connection to reality to spew complete fiction mixed with outraged fury to serve the obvious purpose of pumping the end of the market you are invested in and this card in particular? That is possible?

Wow two grown men who conducted themselves respectfully and civilly. Next time you really need to throw punches, that is if you want to be a part of this hobby and really fit in. Public temper tantrums when not warranted by grown men are so underrated. Especially ones that will be saved for eternity on a chat board. I suppose when you collect things which were created for 8 year olds that acting like one, again, 30 or 40 years later can come with the territory.

Well to be honest. My Mantle is Authentic has a tilt and horribly OC at 70/30 both ways. Leading price pumpers of that card would not even consider is a 52 Mantle.

I hope your Wed is as great as your Tues.

Shoeless Moe · #3 08-31-2022, 02:07 PM

Just curious....how much in taxes does the consignor have to pay?

assuming the sale goes through.

raulus · #4 08-31-2022, 05:49 PM

Quote:

Originally Posted by Shoeless Moe

Just curious....how much in taxes does the consignor have to pay?

assuming the sale goes through.

Will depend a bit on selling costs that go to the auction house. Just for fun, let�s assume the seller nets $10,050,000 after they pay the action house their cut.

So the gain would be $10M.

Federal income taxes on collectible gains are 28%. Plus I think you get to pay a bonus 3.8% for Obamacare taxes on investment income.

Plus you get to pay whatever your state rate is. I thought I read somewhere that the seller is in NY. Plus you get to pay NYC taxes if they are in the city. Just for fun, let�s call state plus city 15%. I might be off a bit, but that�s probably pretty close.

So if we round it off, that puts the seller at a total tax rate of about 45%, which comes to roughly $4.5M if the gain is $10M.

Naturally, you can take a bit off if the seller isn�t really in NY and NYC.

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