1952 Topps Mickey Mantle PSA 3 Available in Complete 1952 Topps Set Break at National

[Rich Klein]

No I get that part of the process

I was just trying to figure out why the $350 or $399 price point in the 1st place

I think based on the cost that was not unreasonable BUT that is stiff for the average card and average collector. Perhaps a tighter price point would have brought more sales to the table. A 25 percent profit over cost would have been about $200 per (or a tad more) and that might have appealed to more collectors. I was just trying to think of why the $350 price point for 2 or more slots was created.

[steve B]

I was just thinking, and wondered, if someone entered and had the slot with the Mantle, would they then have to pay income tax on it like any other prize?

Steve B

[Snapolit1]

Sure the answer is yes.

Was watching The Price is Right in a doctors office last week. Was wondering whether most of the folks in the audience could actually pay the taxes on a free car handed to them by Drew Carey.

[1952boyntoncollector]

Originally Posted by Snapolit1

Sure the answer is yes.

Was watching The Price is Right in a doctors office last week. Was wondering whether most of the folks in the audience could actually pay the taxes on a free car handed to them by Drew Carey.

There were many situations where fans that caught barry bonds record homeruns or other notable hits from other players and they had to sell the ball to pay the taxes

[Rich Klein]

The lady who won the Gretzky Wagner had to sell it ASAP to pay taxes.

Also, the people who won the vintage uniforms when UD ran a contest had to pay taxes on those as well

so the answer is yes

[Aquarian Sports Cards]

So did this ever happen?

[jfkheat]

Originally Posted by Aquarian Sports Cards

So did this ever happen?

If it didn't, did everyone get their money back?
James