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Keyword: collectibles

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  • The IRS plans to tax some NFTs as collectibles — and the rich would pay up to 28% on profits

    03/26/2023 6:15:20 AM PDT · by Twotone · 22 replies
    CNBC ^ | March 22, 2023 | Greg Iacurci
    The IRS said it plans to tax some non-fungible tokens, or NFTs, as collectibles akin to art or gems — an approach that would tax profits for wealthy owners at a higher rate relative to assets such as stocks, real estate and cryptocurrency. The federal government levies taxes on collectibles held for more than a year at a top rate of 28%. It generally levies a top 20% rate on other investments. In a notice on Monday, the IRS said it intends to issue guidance regarding the treatment of certain NFTs as collectibles. NFTs are essentially one-of-a-kind digital assets, which...
  • Trump Yarmulkes Are Biggest Seller at AIPAC Conference

    03/22/2016 3:11:00 PM PDT · by SoFloFreeper · 42 replies
    free beacon ^ | 3/21/16 | Alana Goodman
    If yarmulke sales are any indication of voter attitudes, Donald Trump was the clear winner at AIPAC on Monday night. Marc Daniels, a vendor selling campaign logo kippas outside the American Israel Public Affairs Committee conference in Washington, D.C. on Monday evening, said the “Donald Trump 2016” cap was his most popular item by far. Daniels said he was “inundated” with requests for the Trump yarmulkes from conference-goers and sold out almost immediately. “I totally underestimated the degree of support that Jewish people who are attending this event have for Trump,” said Daniels, who runs an online yarmulke shop called...
  • Fascinating Photos from the Secret Trash Collection in a New York Sanitation Garage

    03/21/2016 5:48:55 AM PDT · by NYer · 54 replies
    Atlas Obscura ^ | March 17, 2016 | Dylan Thuras
    (All Photos: Dylan Thuras)On the second floor of a nondescript warehouse owned by New York City's Sanitation Department in East Harlem is a treasure trove—filled with other people's trash.Most of the building is used as a depot for garbage trucks, but there's a secret collection that takes over an entire floor. The space is populated by a mind-bogglingly wide array of items: a bestiary of Tamagotchis, Furbies; dozens of Pez dispensers; female weight lifting trophies; 8-track tapes; plates, paintings, sporting equipment and much more. This is the Treasures in the Trash collection, created entirely out of objects found by Nelson Molina, a now-retired sanitation...
  • Beanie Baby billionaire balks at the Big House

    07/11/2014 3:46:22 AM PDT · by afraidfortherepublic · 15 replies
    Chicago Sun Times ^ | 7-10-14 | Kim Janssen
    Lawyers for billionaire Beanie Baby creator and convicted tax cheat Ty Warner say he’s “a self-made man with a generous heart” and a federal judge was right not to send him to the big house. Prosecutors were left fuming in January after Warner was handed just two years probation and 500 hours community service for hiding $100 million in secret Swiss bank accounts to con the IRS. In February, they asked the 7th U.S. Circuit Court of Appeals to order Warner be resentenced. But attorneys for the 69-year-old Oak Brook toy industry titan argued in a 57-page court filing Thursday...
  • Sixty years of Matchbox cars

    07/18/2013 2:24:10 PM PDT · by nuconvert · 38 replies
    Telegraph ^ | July 18, 2013
    This year marks the 60th anniversary of Matchbox die-cast models, which have gone from child's toys to collector's items. I don’t like to boast, but by the time I was 10 years old I owned a fleet of Ferraris, a Lamborghini Countach and a Peugeot Paris-Dakar racer. Being a child, I would smash these motors into each other and then, at the end of a hard day’s driving, forgo the comfort of a dehumidified garage in preference to lobbing them all in an old ice-cream tub. These old Matchbox cars survive to this day, tucked away in my parents’ loft...
  • The 2mm Kolibri: The world’s smallest centerfire pistol in the world?

    03/04/2013 7:01:51 AM PST · by EXCH54FE · 28 replies
    Guns.Com ^ | Mar. 4, 2013 | Chris Eger
    Today many think that tiny guns like the NAA line of Mini-Revolvers and the arms of the American Derringer company are as small as a handgun can get in terms of practical self defense. If you count yourself in this camp, then perhaps you have never heard of Austrian firearms designer Franz Pfannl. Born in 1867 in the small village of Stein, Austria, Pfannl accomplished something that will probably never be repeated. A watchmaker by trade, his trade showed in his work as this tinkerer created what many believe to be both the smallest semi-auto pistol and also the world’s...
  • Paul Calle, Postage Stamp Designer, Is Dead at 82

    01/02/2011 5:01:37 PM PST · by Netizen · 18 replies
    Mill Pond Press ^ | Jan. 2, 2011 | Mill Pond Press
    Calle has designed more than 30 stamps in as many years. Among this noted artist’s many distinctions is the First Man on the Moon series of stamps that he designed which sold more than 150 billion. Other Calle stamps include those honoring Franklin D. Roosevelt, Eleanor Roosevelt, Jesse Owens, Helen Keller, Robert Frost, Douglas MacArthur, Pearl Buck and Frederic Remington, in addition to stamps depicting the Vietnam Veterans Memorial, the International Year of the Child in 1979 and promoting causes such as volunteerism and encouraging early cancer detection. Calle also designed the U.S. Postal Service’s first twin stamp to commemorate...
  • Superman Comic Saves Family Home From Foreclosure [Action Comics #1 found in basement]

    08/03/2010 1:30:36 PM PDT · by KentTrappedInLiberalSeattle · 34 replies · 30+ views
    ABC News ^ | 08/03/10 | Ray Sanchez
    A struggling family facing foreclosure has stumbled upon what is considered to be the Holy Grail of comic books in their basement – a fortuitous find that could fetch upwards of a quarter million dollars at auction. A copy of Action Comics No. 1, the first in which Superman ever appeared, was discovered as they went about the painful task of packing up a home that had been in the family since at least the 1950s. The couple, who live in the South with their children, asked to remain anonymous. "The bank was about ready to foreclose," said Vincent Zurzolo,...
  • Collection Preview: Judith Leiber for Hello Kitty (Hello Kitty conquers the fashion world)

    12/11/2009 10:02:46 AM PST · by Mister Ghost · 19 replies · 1,560+ views
    The Fashion Time Magazine ^ | Dec 10th, 2009 | The Fashion Time Magazine
    Don’t get us wrong, we love Judith Leiber’s funny clutches, but the Hello Kitty clutches made by the designer are selling for $4,000, and that sounds pretty insane. There’s lots more of Hello Kitty-themed accessories in this collaboration, and we don’t like them either.
  • 'HRW expert collects Nazi memorabilia'

    09/09/2009 11:27:49 PM PDT · by Nachum · 32 replies · 1,412+ views
    Jerusalem Post ^ | 9/9/09 | HERB KEINON
    Human Rights Watch's employment of a man who trades and collects Nazi memorabilia as its "senior military expert" is a "new low" for the organization that frequently criticizes Israel, Prime Minister Binyamin Netanyahu's policy director Ron Dermer said Wednesday. Netanyahu's policy director,... "I thought that nothing could top a human rights organization trying to raise money in Saudi Arabia, but I was apparently wrong," said Dermer, referring to HRW's fundraising efforts in the kingdom earlier this year, using its reports against Israel as a sales pitch. "A war crimes investigator who is an avid collector and trader in Nazi memorabilia...
  • Trash or Treasure?

    04/19/2009 9:16:19 PM PDT · by JoeProBono · 19 replies · 828+ views
    cbsnews ^ | April 18, 2009
    It's said that one man's trash is another's treasure. And that's right-on in the world or collectibles. All that stuff cluttering up your closets, attic, and garage -- those little knick-knacks, such as old dolls, baseball cards, comic books or action figures, might be more than just junk. On The Early Show Saturday Edition, Reyne Haines, an appraiser on the PBS series "Antiques Roadshow" had tips to help you determine whether all that stuff is trash, or treasure. And she went into detail on numerous types of items: Barbie dolls The 1959 original recently sold for a fortune Aside from...
  • Michelle Obama: 'Inappropriate' to use daughters to sell dolls

    01/24/2009 1:41:09 PM PST · by 2ndDivisionVet · 69 replies · 1,079+ views
    CNN ^ | January 24, 2009 | Martina Stewart and Becky Brittain
    They’ve been in the White House less than a week, but the first daughters have already been co-opted by marketers — and Michelle Obama isn’t happy about it. Ty, the toy company responsible for the popular Beanie Babies dolls, is now marketing “Sweet Sasha” and “Marvelous Malia” dolls. The first lady’s office said Friday Ty was out of line. “We feel it is inappropriate to use young private citizens for marketing purposes,” said a spokeswoman for Michelle Obama in a statement.
  • Peanuts (Snoopy) Ceramic Flower Pot Value? (Vanity)

    07/10/2008 7:13:09 AM PDT · by visualops · 41 replies · 232+ views
    Moi ^ | 7-10-08 | Self
    I've been given a ceramic flowerpot by my boss, and she says it was her mother's and may be worth something. It is ceramic with a relief of snoopy and a sunflower. Bottom printing list copyright as 1958 but I doubt the pot is that old. Unfortunately I think this is the only one she didn't throw away. Anyway I have googled alot and cannot find it anywhere to try and ascertain it's rarity or value. Any FReepers know anything about this type of thing?
  • Family Sues Mint Over Rare, Valuable Coins

    12/14/2006 3:31:06 PM PST · by BradJ · 58 replies · 2,404+ views
    AP/AOL ^ | 12/06/2006 | JOANN LOVIGLIO
    PHILADELPHIA (Dec. 5) - A family is suing the U.S. Mint, saying it illegally seized 10 gold coins that are among the rarest and most valuable in the world that the family found among a dead relative's possessions. ...... There were 445,500 minted in 1933, but they were melted down before being released into circulation when President Franklin D. Roosevelt took the country off the gold standard. A handful escaped, however. Two were deliberately set aside and are at the Smithsonian Institution. The Mint has said any others in existence were obtained illegally,
  • Hunt treasure in dumpsters, thrift stores

    10/25/2005 6:37:45 PM PDT · by SJackson · 63 replies · 2,519+ views
    Wisconsin Dells Events ^ | 10-25-05 | Kay Lapp James
    Before I could write my column this week, I had to take an hour off to watch "Antiques Roadshow" on PBS, locally WHA. It feeds my fantasy of finding or buying an item and have it turn out to be worth hundreds of thousands of dollars. The show always has a few people who either bought an item at a yard sale for a dollar or two or found it. For example, Monday's show featured a man who went dumpster diving and found a rare print by John Turnbull of the signing of the Declaration of Independence. It was worth...
  • Astronaut wants his hair back

    06/01/2005 9:19:44 AM PDT · by Graybeard58 · 4 replies · 241+ views
    Waterbury Republican-American ^ | June 1, 2005 | AP Wire
    CINCINNATI -- The first man to walk on the moon used to come into Marx's Barber Shop in Lebanon about every month for a trim. That stopped when Neil Armstrong learned that owner Marx Sizemore picked up some of the former astronaut's hair from the floor of his shop and sold it for $3,000 to a Connecticut collector. "I didn't deny it or anything," said Sizemore, who recently bought the shop. "I told him I did it." A letter from Armstrong's lawyer threatens legal action if Sizemore does not return the hair or contribute $3,000 to a charity of Armstrong's...
  • Vanity: Is This Stuff Worth Keeping

    02/21/2005 7:54:38 AM PST · by PayNoAttentionManBehindCurtain · 56 replies · 1,077+ views
    2 | myself
    The weather is nasty here, so I'm cleaning out my closet. In the process, I am once again re-stacking old newspapers, magazines, etc that my mother and I have "saved" over the years:). Newspapers/magazines that covered major events, Kennedy's assination, Nixon resignation, Vietnam War,Princess Diana's death, Mark McGuires homeruns, etc. I have moved, restacked, stored, this stuff for years. Is it worth it for anything other then sentimental reasons? It sure creates alot of clutter, we never really get it out to look at other then when straightening:). Every time I'm tempted to just get rid of it. I'm sure...
  • Irwin may sell vintage machine gun to raise funds

    01/20/2003 10:20:23 AM PST · by Willie Green · 3 replies · 348+ views
    The Pittsburgh Tribune-Review ^ | Monday, January 20, 2003 | Patti Dobranski
    <p>The sale of a 75-year-old Thompson automatic machine gun may be part of Irwin Council's plan to do a little housecleaning and to raise funds for the borough police department.</p> <p>Council members also want to sell sidearms dating to the 1970s that no longer are used by officers. According to Police Chief John Karasek, the department owns .357-caliber Magnum pieces, a Colt .45-caliber revolver and some .38-caliber revolvers handguns that are antiquated by today's weapon standards because of the smaller number of rounds.</p>