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Thread: Danged IRS

  1. #1

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    Danged IRS

    Our friends over at sports collectors Daily have listed a sad story about a collector that won the 1952 Topps Mantle from last year's give away. Seems Topps decided to give the IRS an inflated value of $22,000 and the poor guy couldn't afford to keep the card. He listed it on the bay and had to sell it for the tax bill. Oh well, he got to own it for a little while.
    Read more here
    Always looking for St Louis Cardinals Autos and Game Used cards

  2. #2
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    That is very sad.

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  4. #4
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    What a huge disappointment that must have been?

    My Bucket: http://s1111.photobucket.com/home/troycollins/index
    Collecting Leafs autos + rookies - NHL Stars - HOF`'er autos
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    Also collecting Nascar, and PGA/LPGA Golf autos



  5. #5

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    That is messed up!
    I Collect Andrew McCutchen, Freddy Sanchez, Roberto Clemente, Willie Stargell, Bill Mazeroski, and other current/former Pittsburgh Pirates.

  6. #6
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    I wonder if the guy could have a couple others appraise it for $50 and go with paying taxes on that ridiculous amount? Why not? Topps is the big winner in this whole thing.

  7. #7
    Hands is offline I wanna be like Mike!
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    Seems to me he made $7000-8000 profit after selling the card?
    I wouldn't complain about winning $7000.

    But I agree with you guys... nice job Topps!
    Unbelievable.

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