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#5761674 - 06/11/12 02:07 PM Re: "The Hidden" costs of our hobby [Re: shadroch]
shadroch Offline
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Registered: 10/28/02
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The law in most places allows a person who finds money on private property to keep it, if he has permission to be on the property, so the contractor is in the right.
Sort of.
The law also states that if someone loses something on private property, the owner has a legal responsibility to hold it safely and make a good faith effort to find the person who lost it.
In either case, the law would not grant the money to the actual property owner.
Pretty messed up, eh?
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#5761677 - 06/11/12 02:08 PM Re: "The Hidden" costs of our hobby [Re: comicwiz]
shadroch Offline
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 Originally Posted By: comicwiz
 Originally Posted By: shadroch
He was able to get the money for them, got a hefty fee out of it and the contractor and home owner got nothing but a huge legal tab.


How? Wouldn't the resale/purchase of the home pretty much end any dispute of whose property and the rightful person the money belonged?



You would think that, but thats not how the law works.
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#5761684 - 06/11/12 02:13 PM Re: "The Hidden" costs of our hobby [Re: shadroch]
comicwiz Offline
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Registered: 07/20/02
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Loc: Toronto
Messed up indeed. I don't know how it would work for guys like ex-wrestler Ric Savage who divide money from relics dug up on people's property. Sounds like open season for people to claim they own the finds as long as they once owned the property.
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#5761688 - 06/11/12 02:16 PM Re: "The Hidden" costs of our hobby [Re: comicwiz]
shadroch Offline
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The contractors name was Bob Kitts. You can google his sad tale. I think he ended up with $5,000 and triple that in legal fees.
The bills were certified and there are almost always one or two up on ebay. They have a certain cache to them.
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#5761692 - 06/11/12 02:18 PM Re: "The Hidden" costs of our hobby [Re: shadroch]
500Club Offline
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Registered: 06/11/03
Posts: 5379
Loc: Canada
 Originally Posted By: shadroch
The contractors name was Bob Kitts. You can google his sad tale. I think he ended up with $5,000 and triple that in legal fees.
The bills were certified and there are almost always one or two up on ebay. They have a certain cache to them.

Did the collectible value of the bills outstrip the face value?
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#5761712 - 06/11/12 02:25 PM Re: "The Hidden" costs of our hobby [Re: 500Club]
comicwiz Offline
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They once looked pretty happy posing for photos:


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#5761719 - 06/11/12 02:27 PM Re: "The Hidden" costs of our hobby [Re: comicwiz]
500Club Offline
Pedigreed


Registered: 06/11/03
Posts: 5379
Loc: Canada
 Originally Posted By: comicwiz
They once looked pretty happy posing for photos:


Like a wedding picture of a long-divorced couple...
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#5761743 - 06/11/12 02:38 PM Re: "The Hidden" costs of our hobby [Re: comicwiz]
youmechoose Offline
Up 20 words per minute since I signed up


Registered: 03/19/12
Posts: 1186
 Originally Posted By: comicwiz
Yesterday I received a call from a person answering one of my WTB comics ads.

The person was selling the following books:

Avengers King-Size #2 (tear at bottom originally repaired with tape, but the seller since removed the tape)
Iron Man #15 (FN/VF)
Secret Wars #8 (VF+)
X-Men #96 (VF+)
X-men #120 (VF+)
Daredevil #181 (VF+)
Fun and Games #1 (?)

I called back and left a message. We managed to connect late in the evening and rather than outright tell him I wasn't interested, I asked him what he was asking for the books.

He responded $500. I immediately declined to even entertain any further discussion and he started going on about how great the books were.

Rather than shutting the door on his logic, I started to take the time to explain why his books weren't worth anywhere near the price he was asking. I also questioned his ability to grade when he had never even heard of any of the Overstreet guides.

Anyhow, I tried to politely direct him towards using a method of pricing that will guarantee a little more success at selling his books (i.e. pick up an Overstreet price/grading guide, and/or do some research on eBay).

He turns around and in a roundabout way calls me a low-baller. He then proceeds to describe how in the past, he's proven low-ballers wrong time after time, and he used the example of how he sold a raw, mid-grade Daredevil 1 for $1K last year. He then described himself as a comic consignor.

It was getting late, I'd had a busy weekend and the conversation was heading towards a direction I wasn't too interested in participating in.

We've probably all had conversations like this at one time or another, and in the end, I've come to the realization that being pegged a low-baller isn't anywhere near as bad as guys like this that cost/harm the hobby by perpetuating this idea that it's perfectly ok to overcharge and overgrade comics as long as some sucker is ready and willing to pay for it.


next time, ask to meet and start a fight with him. if he declines and/or calls the cops, you win
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#5761744 - 06/11/12 02:39 PM Re: "The Hidden" costs of our hobby [Re: Bane]
thehumantorch Offline


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Registered: 03/23/05
Posts: 19255
Loc: Alberta Canada
 Originally Posted By: Bane
The problem is... Everyone wants a bargain and everyone wants to make a profit.

On one side you have sellers who believe their pile of drek is worth $500, on the other side you have a buyer who will offer you half of what you want, when you've clearly listed it at 50% of guide/GPA etc.

Its all part and parcel of the game.

Having been watching Pawn Stars recently over here in the UK its interesting to see what an "expert" values an item and to see one of these guys offer half of that.


Anyone buying a bulk lot of books is buying to resell. It's a ton of work to resell a bunch of books and there are fees, possible returns and hassles, and there is no guarantee you'll get a good price for them. Paying retail for this lot would be foolish
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#5761966 - 06/11/12 03:52 PM Re: "The Hidden" costs of our hobby [Re: COI]
bug33fouf Offline
Up 20 words per minute since I signed up


Registered: 04/29/07
Posts: 1179
Loc: Alamo basement
I have learned over the years.
Never give the first offer.
And never try to educate.
Jst walk away.
Most people always think "there" collection is worth top dollar.
even at a 2.0 grade.
😜

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