here we go again...

yawie99 · #1 06-22-2010, 05:56 AM

Quote:

Originally Posted by quinnsryche

It makes no difference what you "like" and although you can spend your money as you wish, a purchase like this will always be percived as ridiculous by 99.999% of the population. No new card has EVER held it's value (see: Clemens, Gooden, Strawberry, Valenzuela, Prior, Wood, Canseco, McGwire etc.). Even HOF'ers like Boggs, Gwynn, Puckett and the like can be had for practically nothing these days. It's all HYPE. The guy who bought the Strasburg might as well sew it into his suit because he'll be buried with it. Worthless crap IMO.

I'm guessing 99.84 percent of the population sees what we do as ridiculous. Don't get me wrong, I think new cards are a poor investment unless you have impeccable timing, but the value of Strasburg cards could, in theory at least, be positively impacted by his on-field performance. Ty Cobb, what have you done for me lately?

jboosted92 · #2 06-22-2010, 09:56 AM

THIS IS HILARIOUS

http://cgi.ebay.com/1988-Topps-Ron-G...#ht_1251wt_912

Quote:

Originally Posted by yawie99

I'm guessing 99.84 percent of the population sees what we do as ridiculous. Don't get me wrong, I think new cards are a poor investment unless you have impeccable timing, but the value of Strasburg cards could, in theory at least, be positively impacted by his on-field performance. Ty Cobb, what have you done for me lately?

GrayGhost · #3 06-22-2010, 10:06 AM

hahahahhahahaa

53Browns · #4 06-22-2010, 10:08 AM

Wish I had 10k in the cookie jar, that Guidry would look SWEET in my collection!

GrayGhost · #5 06-22-2010, 10:12 AM

Hopefully the first guy will pay his taxes on the gain. Capital gain tax rate for a collectible is 28 pct max, depending on his other income.

D. Bergin · #6 06-22-2010, 10:58 AM

Quote:

Originally Posted by GrayGhost

Hopefully the first guy will pay his taxes on the gain. Capital gain tax rate for a collectible is 28 pct max, depending on his other income.

What if he re-invests the difference in Ricky Jordan Rookies and declares it a business expense?

Leon · #7 06-22-2010, 11:20 AM

Quote:

Originally Posted by D. Bergin

What if he re-invests the difference in Ricky Jordan Rookies and declares it a business expense?

That listing is great. You have to love a collector with a sense of humor.

On the business of re-investing....I am no tax lawyer but the 2nd investment would have to be liquidated to know if there is a gain or a loss on it. Simply buying an investment is not an expense. The expense (loss) comes when you sell for less than you paid. regards

jb217676 · #8 06-22-2010, 10:26 AM

Quote:

Originally Posted by jboosted92

THIS IS HILARIOUS

http://cgi.ebay.com/1988-Topps-Ron-G...#ht_1251wt_912

Very funny. Make sure to read the questions and answers the seller posted with this listing!

FUBAR · #9 06-22-2010, 10:53 AM

that's good stuff... Pabst is the only way i roll! Least someone has a sense of humor!

D. Bergin · #10 06-22-2010, 10:57 AM

Quote:

Originally Posted by jboosted92

THIS IS HILARIOUS

http://cgi.ebay.com/1988-Topps-Ron-G...#ht_1251wt_912

Ha!

That is great.