#383306
Fri Jan 04 2013 12:04 PM
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Joined: Jun 2009
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I am thinking about selling a bunch of stuff. where is the best palce to seel a clump of stuff? Does Matthews bring fair prices for signs? Or are tehre any other auctions or sites that you guys know about? As always, Thank you guys for the help
Kris Strong
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Please - NO offers to Buy or Sell in this forum category
Statements such as, "I'm thinking about selling this." are considered an offer to sell.
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Joined: Jul 2005
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Looking for better Gulf items: signs, globes, cans and paper - especially porcelain Gulf flanges, and Gulf A-38 & A-62 ad glass...
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Joined: Dec 2012
Posts: 332
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A good start would be here. If you get some pics up soon there are going to be a bunch of folks migrating you way next week for the game. Might be able to tempt some folks to swing by and pick out some stuff.
Looking for any Alabama based globes and advertising such as Coastal, Rebel, Interstate Oil, Foster Oil (supertane), Mutual, Oil Well, etc...
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Joined: Jul 2007
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Keep in mind that an auction company is going to issue you (the seller) a 1099 misc. income form, with a copy also sent by them to the IRS. Be ready to have cost basis documentation available for every sign you sell, and then be ready to pay federal and perhaps state income tax on the gains you have, when you file your annual tax return(s). My memory is that gains on the sale of collectible and antique items are taxed at a person's regular earned income rate, not at the more favorable long-term capital gains rate. I'm not saying this is "bad"....but simply be aware of this situation. John
Last edited by Jolly-John; Fri Jan 04 2013 01:32 PM.
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Joined: Jun 2009
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An auction might be tempting but I have had better luck with people I know in the hobby and no fees or shipping .Just two people agree on a good price.
Remember you are only as good as your help If you don't make any noise no one will hear you!
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Joined: Sep 2012
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The auction company is gonna take 20 -30 percent of the sale also. If you want it sold put it on here with good Realistic prices and its gone.
Hunt long and hard the good stuff still out there. Jonathan lowry.
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Joined: Jun 2009
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I agree guys I will post some pics tomorrow hopefully. Gulfiend I have that almost mint 66" dealer sign for you:)
Kris Strong
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Joined: Oct 2007
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Kris--You're getting me excited!
Everything Cities Service Specializing in old Gas Pumps kwfrith@gondtc.com Cell#-701-739-6133
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Dave GILL, Dave's Garage & Memorabilia, Inc.
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Joined: Apr 2011
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Perfect timing on the sale of some of your signs; I will be headed to Naples in March with 40' of space I could fill up......will be looking forward to seeing the pics!
Buying: Polarine / Red Crown Gasoline Globes and Signs, Early Chevrolet & United Motors Signs, and 1910's through 1940's Gas & Oil Signs.
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Joined: Oct 2009
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No Sleep tonight LOL Hope there is a grizzly Sign
Always looking for grizzly gasoline stuff, or any Montana gas and oil stuff.
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Joined: Nov 2007
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yes, please give the old gas gang first shot.like said before auction companys charge a big percentage to sell your stuff.
collecting standard oil items Tim Flannery
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Joined: Nov 2004
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I agree Chris try here first
Wanted Owens Motor Oil & Mobiloil Gargoyle. Brad Ralston & my website is www.petrobarn.com
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Joined: Jan 2003
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The best ways to sell a collection is at public auction. Call a local auctioneer in your area and let them show you a marketing plan and hold the auction on site. You will be amazed at the results. Many people with collections think they need to call an "Expert" to disburse of their collection. I have found after 34+ years as an auctioneer, an 'expert' is someone 30 or more miles away from home. There are no federal taxes to pay on having an auction.
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One guy say taxes for 2013, another guy says no taxes. Who's right here. Hope Dan Matthews chimes in to get the answer.
Doug
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