You're not crazy. Maybe not the fanciest but certainly one of the nicest I've seen in pictures. The ivory joint and Szamboti blank puts that cue in a class of it's own. The price seems sensible for what it is.
Martin
Balabushka on Ebay
- Thread starter Jakerold
- Start date
You're not crazy. Maybe not the fanciest but certainly one of the nicest I've seen in pictures. The ivory joint and Szamboti blank puts that cue in a class of it's own. The price seems sensible for what it is.
Martin
Hands off Blue. The Pabst is mine.
"Thank you for looking at this amazing item. I am selling it on behalf of the owner...."
Who, for some reason, does not know about ebay apparently.
Just something to think about. If it does sell, how are you going to arrange payment? There could be a tax problem. I was told that selling a collectable the tax (CGT) could be as much as 28%. I know it sounds crazy but you have to think ahead to keep yourself out of trouble. I don't know if ebay reports, but I know paypal does over a certain amount. Either way, it is not even your cue so stay out of any dealing with the money yourself.
I really hope if some of the brokers on here who sell high end cue will chime in. I have two high end cues (Balabushkas) I was thinking of putting on the market this year. That is why I have been doing some reading on the subject. When I saw that 28% thing I got a little sick. I am a good loyal American but hay, I honestly don't want to have to pay if I can get around it.
I am getting old and have no kids. I have no interest in hanging on to a bunch of stuff and that includes property, art works etc. that I don't need. I am tired of thinking about it anymore. What relatives I have would not know what to do with my stuff anyway. I might as well enjoy the money while I can. If someone has advice they are welcome to PM me if it is something they would rather not post publicly.
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Yep, I love that cue as well. That ivory joint is a very rare bird. George did not like to do those. I have also seen the first one Mr Brooks had George make, in some photos, it is even more spectacular. But the condition of that cue and it's shafts is phenomenal.
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Thanks for your input.
But I guess I am still confused WHY he posted it on Ebay.
It isnt hard to sell the cue, and a reasonable price (whatever is reasonable and I dont want to argue that).
But posting it for 4-5 times its worth, WHY ?
Thanks for input.
Ken
Well he might not close the deal on ebay but it certainly gives the widest exposure.Thanks for your input.
But I guess I am still confused WHY he posted it on Ebay.
It isnt hard to sell the cue, and a reasonable price (whatever is reasonable and I dont want to argue that).
But posting it for 4-5 times its worth, WHY ?
Thanks for input.
Ken
Perhaps there are better avenues but unless you revolve socially around the industry or frequent social media sites like this I doubt the average person would have a clue as to the best avenue to move a highly valuable cue and ebay is a logical choice for reaching mass amounts of people.
To the above poster I don't believe ebay or paypal reports. I don't think he's on the hook for taxes unless an IRS agent goes out of their way to make it an issue however at that dollar amount I just can't say.
Yes, paypal does report over a certain amount.
http://thenextweb.com/insider/2011/...re-paypal-to-report-sales-information/#!rBrLI
They may go out of the way to make it an issue. They are trying to tax on line sales if they can. For most people the $20,000 and 200 sales will never be met. If in fact that income from the cue came to light though, he could be on the hook for a 28% collectable tax. My main point was, he is selling the cue for someone else. He does not want to be connected to the actual sale at all. He should have nothing to do with the actual transaction.
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Who decides if it is a "collectible" or not? Someone, not a collector, may be wanting to buy this to actually use.
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Debate that with the IRS. If you sell something with an extra ordinary value beyond it utility use it may be considered a collectable. It can be hard because you are often dealing with legit people, dealers and brokers who take commissions. There will be a record of the sale.
Thanks for the info and clarification.
Get your money
If you have an old pair of shoes and Bill Gates wants them, he will pay you the price you ask.
Why? because he wants them and can afford to.
Do not get low balled, unless you need the money desperately, hold onto the cue and get what it's worth.
You have a rare Balabushka, A Stradivarius Violin, Babe Ruths Bat.
I was looking at a Rare 1960 Fender Stratocaster , asking price is 60K, when asked if 50K is a reasonable offer the answer was yes it is.
But I will take 60K today and thats a bargain.
You want rare you pay for rare
If you have an old pair of shoes and Bill Gates wants them, he will pay you the price you ask.
Why? because he wants them and can afford to.
Do not get low balled, unless you need the money desperately, hold onto the cue and get what it's worth.
You have a rare Balabushka, A Stradivarius Violin, Babe Ruths Bat.
I was looking at a Rare 1960 Fender Stratocaster , asking price is 60K, when asked if 50K is a reasonable offer the answer was yes it is.
But I will take 60K today and thats a bargain.
You want rare you pay for rare
Did you see the other Balabuska somebody linked that is $21k? It is arguably nicer than the $70k cue. If you want rare why not buy from the person who isn't trying to rape you?
LOL both shafts are pretty discolored for a total of 8 hours of play
I don't know why sellers always feel they have to be dishonest to get something sold. I would think it would have the exact opposite effect.
LOL both shafts are pretty discolored for a total of 8 hours of play
Wow you have really good eye sight. I cannot see chalk stains in those pictures. All I see is a clear coat on the bottom of the shaft and a different color to the wood where it has been exposed.
Also, the letter says the tips are original, and if they are, the cue has seen very very little play.
The linked bushka is not 21K. Its an auction with an undisclosed reserve price where the opening bid is 21K. The seller's reserve could be anything (even some amount over 70K).
If you know the 70K is rape for the cue this thread is actually about, you must know what is fair and I'm wondering as rare as this cue is, just what that amount might be?
Thanks
Kevin
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