Bitcoin Forum
May 02, 2024, 01:58:27 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: [AUCTION] 2013 Lealana Bitcoin and Litecoin Sets [closed] open for discussion  (Read 964 times)
PhysicalCoins4Sale (OP)
Jr. Member
*
Offline Offline

Activity: 31
Merit: 1


View Profile
April 06, 2022, 04:22:40 PM
 #41


Does Stacks Bowers remove the tax that needs to be paid before they send you your funds? Or is that all on you?

No they don’t. It’s on you. Which is a good thing because you’re taxed differently depending on how long you held the coins and what bracket you’re in. In my case, holding the coins for about 9 years (over 12 months) it’s long term capital gains. It would be different if you purchased them and then sold within 12 months.
1714658307
Hero Member
*
Offline Offline

Posts: 1714658307

View Profile Personal Message (Offline)

Ignore
1714658307
Reply with quote  #2

1714658307
Report to moderator
1714658307
Hero Member
*
Offline Offline

Posts: 1714658307

View Profile Personal Message (Offline)

Ignore
1714658307
Reply with quote  #2

1714658307
Report to moderator
1714658307
Hero Member
*
Offline Offline

Posts: 1714658307

View Profile Personal Message (Offline)

Ignore
1714658307
Reply with quote  #2

1714658307
Report to moderator
If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714658307
Hero Member
*
Offline Offline

Posts: 1714658307

View Profile Personal Message (Offline)

Ignore
1714658307
Reply with quote  #2

1714658307
Report to moderator
1714658307
Hero Member
*
Offline Offline

Posts: 1714658307

View Profile Personal Message (Offline)

Ignore
1714658307
Reply with quote  #2

1714658307
Report to moderator
1714658307
Hero Member
*
Offline Offline

Posts: 1714658307

View Profile Personal Message (Offline)

Ignore
1714658307
Reply with quote  #2

1714658307
Report to moderator
anorganix
Copper Member
Sr. Member
****
Offline Offline

Activity: 970
Merit: 287


Per aspera ad astra


View Profile
April 06, 2022, 04:26:32 PM
 #42

@PhysicalCoins4Sale

If you don't mind me asking, how much of a fee did the house take? What was the experience of getting your coins graded by PCGS?

What was the process.  

Stacks Bowers places a 20% buyer premium on the sales so they actually sell for 1.2x the hammer price. In the case of large sales Stacks split that 20% with me. On smaller sales they probably keep the whole 20%. That’s their fee. They also have to charge sales tax depending on the location of the buyer.

The experience with PCGS was pretty quick and excellent. Stacks actually handled the whole thing and grading cost just over $100 a coin (paid out of the sale price). Stacks being a large customer of PCGS probably gets a discount and definitely gets some pull on getting coins rush graded. The BTC set they had graded very quickly so they could start advertising it and the LTC coins took a few weeks. Basically if you call in to Stacks and set an appointment to drop off or ship in your coins, they handle the rest. I actually brought mine in to NYC personally and they insured them for free and shipped them to CA for the grading and auction. Very smooth experience.

I actually think that your sets did very well at the auction.
On top of that, SB takes care of almost everything for you... makes it even more yummy.

I will never send private messages with payment requests for my auctions. I only communicate transparently via the forum (not Telegram, Discord, Skype & others). Please be wary of scammers.
PhysicalCoins4Sale (OP)
Jr. Member
*
Offline Offline

Activity: 31
Merit: 1


View Profile
April 06, 2022, 06:07:10 PM
Merited by anorganix (1)
 #43

James, who handled everything start to finish for the sale of my coins has agreed to have his contact information shared here. He handles a lot of the cataloguing and the consignors and is open to feedback on ways to improve the presentation for the future sale of crypto coins. If you have any coins you’d like to sell through Stacks Bowers he can help you out with that as well.

James McCartney
Director of Consignments and Numismatics
Stack's Bowers Galleries
470 Park Ave
New York, NY 10022
646-443-5455
JMcCartney@StacksBowers.com

Please be respectful with this information. He’s a good guy and is very helpful and excited about a new space being forged in the traditional numismatist community.
Ballhog69
Copper Member
Member
**
Offline Offline

Activity: 417
Merit: 10


View Profile
April 06, 2022, 07:28:19 PM
 #44

Pump our bags James
PhysicalCoins4Sale (OP)
Jr. Member
*
Offline Offline

Activity: 31
Merit: 1


View Profile
April 06, 2022, 07:58:29 PM
 #45

He did mention that a lot of the buyers last night were more in the realm of traditional coins and wouldn’t look at crypto as an investment in collectibles. He sees the premiums going up from here with new interest, acceptance, and familiarity with physical crypto.
elmejorrematador
Member
**
Offline Offline

Activity: 107
Merit: 15


View Profile
April 14, 2022, 01:53:23 AM
 #46

PCGS grading crypto.. since when?

Had my coins graded by them in 2018.

Funded crypto coins? You have any photos?

Hey, sorry. I didn't realize your reply was directed at me. What photos would u like to see?
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!