Quote:
Originally Posted by Johnny630
Bob C I have a question for you, what would the consignor's tax burden be on the card ??
Paid $50,000 in 1991
Sale in 2022
Let’s say Heritage Gives him Zero commissions so he gets the hammer price minus the buyer's premium or maybe he gets a negative 5%.
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I have no idea what the tax burden would be on the card but I'd be amazed if the consignor isn't getting 10/12 percent of the juice on this card.