<< <i>Two separate letters of inquiry (one sent via Fed-Ex) were delivered to the FTC. They chose not to reply. >>
OK, so send the IRS a letter asking if its OK if you don't pay your taxes this year and when you don't get a reply, don't pay your taxes. I guarantee that neither the IRS nor the US Tax Court would accept the defence of "I wrote to you and asked if it was OK and since you did not respond, I assumed that you were OK with it." >>
Write to the IRS with a very specific question about tax deductions. If they don't reply, file your taxes as you believe proper. If they come back later and audit you and nullify your deductions, you could likely avoid the penalties by documenting their non-response.
But I never claimed the FTC's non-response as a "defence". I only state that they didn't care enough to respond. So much for government serving the people.
<< <i>Who did you write to? Did you contact the FTC legal department and ask to whom your inquiry should be sent and what the proper form would be? Or did you just send a letter addressed to no one in particular to the general address of the FTC? Can you post the contents of that letter here? What, exactly was your inquiry? Did you consult with an attorney to make sure that you were doing things the right way? >>
That is not your business. >>
Write to the IRS with a very specific question about tax deductions. If they don't reply, file your taxes as you believe proper. If they come back later and audit you and nullify your deductions, you could likely avoid the penalties by documenting their non-response.
I highly doubt that piece of advice.,... I think they will still stick you with penalties....far better to hire a good cpa to determine your tax deductions..
I manage money. I earn money. I save money . I give away money. I collect money. I don’t love money . I do love the Lord God.
<< <i>You state that you believe that it is legal for you to produce these and purchasers (as well as secondary market purchasers) have relied upon your assertations that it is legal for you to produce these without the copy stamp. If you have not really done your homework, and have nothing more than the FTC's failure to respond to letters that may or may not have been properly addressed and may or may not have been in the proper format, can they really rely on your statement that it is legal to produce these coins? And the flippers who cite your assertions that the production of these items does not violate the Hobby Protection Act and sell on the secondary market, and those who rely on it to purchase on the secondary market... can they rely on your statements? Other than send these two letters (and Lord only knows what was in those letters), what did you do to ensure that it was legal for you to produce these coins without a copy stamp? >>
The description I provided when I sold the coins was factually accurate and included full disclosure of the relevant facts. And those facts are still relevant and have not been proven otherwise.
<< <i>Yeah, I know... none of my business. >>
What I meant by that was that my consultations with lawyers, etc., are private.
Seriously, will anyone really feel bad if someone spends a fortune on one of the DCarr 64's after being duped into thinking it's the real thing? I think I heard an estimate value for an authentic one at over one million, if one were ever to surface.
if the FTC comes down on DC and requires him to disclose the owners/purchasers and they go after them, will the members here who bought these "coins" surrender them or hide them?
yes - I will surrender my coins and allow them to put me in a work camp where I wear a colored band around my arm .
<< <i>My mom died this morning on my birthday. I wish people could spell "PEACE" correctly. >>
I am sorry for your lost but honestly, I'd think you would have weightier and greater concerns on your mind right now other than a simple spelling error.
I'm okay with the misspelling, and I still have 3 of the 5 first 200 struck. They don't sell too well, but they're available. I marked them up 25%. The city made a little bit off the sales tax on one, but the other shipped to Minnesota and I did not charge sales tax on that. I don't feel guilty and hope that this retail activity is not illegal. The shop will be closed for 3 days until after the funeral.
As to this thread and me : Nothing further follows.
<< <i>I don't think there is any place for this crap in numismatics! >>
I agree 100%.
These are numismatic items and therefore have no place on any numismatic forum. >>
Huh?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>I'd just like to inform all of my customers that there may be somewhat of a delay in the initial release of my fantasy $2 Red-Seal U.S. Notes. You see, I've got the scanner and the genuine notes to make the copies from, but darn if I still can't find the right paper! It looks like I'm just going to have to make my own paper, which, understandably, may take some time. That's principally because I've never made paper.
Anyway, the money you sent me to secure your orders is safe with me, I want you to rest assured in that. Nothing changed, there. For any new customers, I'm sorry to have to inform you, the prices just went up. That's, again, because I'm anticipating paper-processing costs, now. The $2 Notes are now $20 per, up from only $10 per. I know what many of you are thinking, that's still a bargain for these. Hey, I'm out to satisfy. Please place your orders, now! >>
Just wanted to see if you all saw the new TV commercials on the new "fantasy" $2 U.S. Notes. Those bums are stealing my idea!
Comments
<< <i>The only thing that can be said with certainty is that, at present. none are publicly known to exist. >>
Aren't there 1,964 known? I see them listed on eBay all the time!
--------------------------------------------------------------------------------------------------
No, I don't. It gives me something to read.
"Keep your malarkey filter in good operating order" -Walter Breen
<< <i>
<< <i>
<< <i>Two separate letters of inquiry (one sent via Fed-Ex) were delivered to the FTC. They chose not to reply. >>
OK, so send the IRS a letter asking if its OK if you don't pay your taxes this year and when you don't get a reply, don't pay your taxes. I guarantee that neither the IRS nor the US Tax Court would accept the defence of "I wrote to you and asked if it was OK and since you did not respond, I assumed that you were OK with it." >>
Write to the IRS with a very specific question about tax deductions. If they don't reply, file your taxes as you believe proper. If they come back later and audit you and nullify your deductions, you could likely avoid the penalties by documenting their non-response.
But I never claimed the FTC's non-response as a "defence". I only state that they didn't care enough to respond. So much for government serving the people.
<< <i>Who did you write to? Did you contact the FTC legal department and ask to whom your inquiry should be sent and what the proper form would be? Or did you just send a letter addressed to no one in particular to the general address of the FTC? Can you post the contents of that letter here? What, exactly was your inquiry? Did you consult with an attorney to make sure that you were doing things the right way? >>
That is not your business. >>
Write to the IRS with a very specific question about tax deductions. If they don't reply, file your taxes as you believe proper. If they come back later and audit you and nullify your deductions, you could likely avoid the penalties by documenting their non-response.
I highly doubt that piece of advice.,... I think they will still stick you with penalties....far better to hire a good cpa to determine your tax deductions..
I give away money. I collect money.
I don’t love money . I do love the Lord God.
Joe.
<< <i>You state that you believe that it is legal for you to produce these and purchasers (as well as secondary market purchasers) have relied upon your assertations that it is legal for you to produce these without the copy stamp. If you have not really done your homework, and have nothing more than the FTC's failure to respond to letters that may or may not have been properly addressed and may or may not have been in the proper format, can they really rely on your statement that it is legal to produce these coins? And the flippers who cite your assertions that the production of these items does not violate the Hobby Protection Act and sell on the secondary market, and those who rely on it to purchase on the secondary market... can they rely on your statements? Other than send these two letters (and Lord only knows what was in those letters), what did you do to ensure that it was legal for you to produce these coins without a copy stamp? >>
The description I provided when I sold the coins was factually accurate and included full disclosure of the relevant facts. And those facts are still relevant and have not been proven otherwise.
<< <i>Yeah, I know... none of my business. >>
What I meant by that was that my consultations with lawyers, etc., are private.
<< <i>I just wanted to go public that I purchased one of these dollars and unfortunately, if asked, I don't know where it is.
Joe. >>
List it on the BST... wait 2 minutes, then post SOLD in the thread title... print it out and then save it for the future!
P.S. Make sure you store your 1964-D and this print out in different locations!
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
<< <i>ANACS claims they are REPLICA TOKENS
Talk about spin. The label insert doesn't implies it's a token, instead states overstruck on a genuine peace dollar.
yes - I will surrender my coins and allow them to put me in a work camp where I wear a colored band around my arm .
``https://ebay.us/m/KxolR5
"Keep your malarkey filter in good operating order" -Walter Breen
<< <i>My mom died this morning on my birthday. I wish people could spell "PEACE" correctly. >>
<< <i>My mom died this morning on my birthday. I wish people could spell "PEACE" correctly. >>
You have my sincere condolences. Don't be too hard on the "Pease" spelling, it's just a typo.
<< <i>My mom died this morning on my birthday. I wish people could spell "PEACE" correctly. >>
I'm so sorry to hear this. My sincere condolences.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
<< <i>My mom died this morning on my birthday. I wish people could spell "PEACE" correctly. >>
Sorry to hear about your mother! My father just passed recently. Enjoy and embrace the memories you have of her!
<< <i>
<< <i>ANACS claims they are REPLICA TOKENS
Talk about spin. The label insert doesn't implies it's a token, instead states overstruck on a genuine peace dollar. >>
You can't see the entire label due to the glare -- it says "TOKEN" right after "1964-D".
<< <i>My mom died this morning on my birthday. I wish people could spell "PEACE" correctly. >>
I am sorry for your lost but honestly, I'd think you would have weightier and greater concerns on your mind right now other than a simple spelling error.
<< <i>
<< <i>
<< <i>ANACS claims they are REPLICA TOKENS
Talk about spin. The label insert doesn't implies it's a token, instead states overstruck on a genuine peace dollar. >>
You can't see the entire label due to the glare -- it says "TOKEN" right after "1964-D". >>
Then I owe you an apology. I'm sorry for my mistake.
,protecting the many bloodied and wounded soldiers that littler the battlefield behind him ..........
A brave and intelligent man is he ,
but no need to expose himself to the direct line of fire
As to this thread and me
``https://ebay.us/m/KxolR5
<< <i>I don't think there is any place for this crap in numismatics!
I agree 100%.
These are not numismatic items and therefore have no place on any numismatic forum.
<< <i>
<< <i>I don't think there is any place for this crap in numismatics!
I agree 100%.
These are numismatic items and therefore have no place on any numismatic forum. >>
Huh?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>
<< <i>
<< <i>I don't think there is any place for this crap in numismatics!
I agree 100%.
These are numismatic items and therefore have no place on any numismatic forum. >>
Huh?
I believe the correct response is Duhhh or Argghhhh or Dohhhh.
<< <i>ANACS claims they are REPLICA TOKENS
<< <i>I'd just like to inform all of my customers that there may be somewhat of a delay in the initial release of my fantasy $2 Red-Seal U.S. Notes. You see, I've got the scanner and the genuine notes to make the copies from, but darn if I still can't find the right paper! It looks like I'm just going to have to make my own paper, which, understandably, may take some time. That's principally because I've never made paper.
Anyway, the money you sent me to secure your orders is safe with me, I want you to rest assured in that. Nothing changed, there. For any new customers, I'm sorry to have to inform you, the prices just went up. That's, again, because I'm anticipating paper-processing costs, now. The $2 Notes are now $20 per, up from only $10 per. I know what many of you are thinking, that's still a bargain for these. Hey, I'm out to satisfy. Please place your orders, now! >>
Just wanted to see if you all saw the new TV commercials on the new "fantasy" $2 U.S. Notes. Those bums are stealing my idea!
PS: I think I'm going to sue.