Did you hang onto the stuff you collected as a kid?

Speaking of kids, how's your boy?

Damn! 2.8M

TAXMAN, what's the tax on something like that?

I have a shitload from 87 to about 93. The era of Frank Thomas,Bagwell, Sosa, Griffey Jr,Jeter, Arod, would love to sell. full sets and factory sets.
Storage is a much bigger issue than one would expect.
Autod bats and jersies are more fun and display better.
The Ali gloves are my personal faves.

$450K in six months.

And my mother threw out my collection when I went to college.

Thanks for the update, Oohrah, sounds like he's doing well. It'll be a good Thanksgiving for your family this year, no doubt.

TAXMAN, what's the tax on something like that?

Posted by COMMONSENSE at 2007-09-07 10:03 PM

Six months... short term capital gain taxed at ordinary income rates.

But only on the gain of the selling price less the purchase price.