Let’s check out my barn find Varkon!

[j0novision]

Nobody has commented on the "market value" of the rotten cabinet you call an "asset". But your comment reinforces my belief this this was all about greed on your part because the buyer's offer of letting you make a profit of 65 times your initial investment got you thinking that maybe you could squeeze even more profit out of the game. You probably already have that money spent in your mind and now you want even more. The great irony is that I bet you end up keeping a rotten pile of plywood and never restoring it or selling it

Exactly. You can't argue your point logically so it's back to name calling.

 

[plasticfactory]

Yah I use recycling stuff. Cardboard, boxes, egg holders, whatever I have. Works well, my feedback is 100% positive, but please go change your feedback from positive to negative if it helps Harry make his point.

You mean trash. You package things with bits of trash.

I didn't leave you feedback to change and don't give a shit one way or another -- it's just funny how half assed it was.

 

[j0novision]

You mean trash. You package things with bits of trash.

I didn't leave you feedback to change and don't give a shit one way or another -- it's just funny. It's not like we are going to deal with one another again, anyway.

I recycle those sorts of things, personally.

 

[Talsivar]

It's also possible that he did not have enough egg crates or caprisun boxes, or other recyclable trash to put around it before the shipper came.

 

[plasticfactory]

I recycle those sorts of things, personally.

That's not what recycling is.

 

[j0novision]

That's not what recycling is.

You don't recycle cardboard boxes?

 

[plasticfactory]

You don't recycle cardboard boxes?

I did not say or imply anything like that. My comment was pretty straightforward.

 

[SalParadise]

It was never listed for sale. It still isn't. So #1 is no.

So the game was never "listed" for sale. I guess the trick word here is "listed." But there was at one time a price, and that price was $6500 and it was technically "sold" at that price.

But now it's not for sale. So it doesn't matter.

All I can say that there has been so much energy put into this that if it is "listed" for sale then people better stay away as it's now cursed and karmically tagged in the universe.

But then again, in any hobby, the best things are never "listed." They are done behind closed doors. The best cars, guitars and things usually are sold without being listed.

Which makes me wonder what ever happened to that Major Havoc that was put up for sale and now only the Tapper is being put out there for bids. The savvy collector always gets to the seller and makes him put out a price.

Oh well, I tried to make sense of it. I gotta leave this one.

 

[j0novision]

I did not say or imply anything like that. My comment was pretty straightforward.

I said I package things with recycled materials. Cardboard boxes, egg containers, etc. you said that was trash. I asked you if you threw that kind of thing in the trash. You avoided answering. It's so funny how little scrutiny the arguments here can handle before they POOF.

 

[plasticfactory]

I said I package things with recycled materials. Cardboard boxes, egg containers, etc. you said that was trash. I asked you if you threw that kind of thing in the trash. You avoided answering. It's so funny how little scrutiny the arguments here can handle before they POOF.

That's reusing. We learn this in elementary school.

You did not ask me if I throw that sort of thing in the trash. You are making bizarre assumptions about what I do or do not recycle.

I have no idea why I'm engaging with you, lol.

 

[j0novision]

That's reusing. We learn this in elementary school.

You did not ask me if I throw that sort of thing in the trash. You are making bizarre assumptions about what I do or do not recycle.

I have no idea why I'm engaging with you, lol.

You're not making a lick of sense.

 

[thegleek]

what we need here is a short intermission away from this shitshow... here ya go!

 

[SalParadise]

I can't stay away....

One more thing. I think it's OK that j0novision keeps it. Sometimes when reality comes around and it goes to the edge you maybe change your mind. I would probably keep it too just to say I had it. I would not have done it the way he did it, and I would not put it out there and not honor it, but he's not me. Who cares.

 

[CameronMcC]

But @j0novision have you considered how many Capri suns can be bought with 6500.00?

 

[j0novision]

But @j0novision have you considered how many Capri suns can be bought with 6500.00?

I think they're $2.99 a case at Meijer.

 

[Marvelvscapcom42]

Saw someone mention accounting so I'll throw this out there, the original purchase price plus any other costs would be the value of the Varkon game as inventory. The price a third party would be willing to pay would be considered the fair value (probably a level 3 given the limited observable data we have to go on). If J0n sold the game, he would have to evaluate from a ASC 606 perspective whether the transaction was a valid sale (his concern about collectibility may push it to be deferred revenue). If J0n concluded he did in fact believe he would collect and it was a valid sale but the payment was later reversed then he would record bad debt expense of the outstanding receivable. If not, he would recognize the loss of inventory value. This is all GAAP accounting as tax accounting is a whole different animal. Ah, good old ASC 606, always fun to bring up a party.

My comments normally kill discussions so if this works, you are all welcome.

 

[j0novision]

Saw someone mention accounting so I'll throw this out there, the original purchase price plus any other costs would be the value of the Varkon game as inventory. The price a third party would be willing to pay would be considered the fair value (probably a level 3 given the limited observable data we have to go on). If J0n sold the game, he would have to evaluate from a ASC 606 perspective whether the transaction was a valid sale (his concern about collectibility may push it to be deferred revenue). If J0n concluded he did in fact believe he would collect and it was a valid sale but the payment was later reversed then he would record bad debt expense of the outstanding receivable. If not, he would recognize the loss of inventory value. This is all GAAP accounting as tax accounting is a whole different animal. Ah, good old ASC 606, always fun to bring up a party.

My comments normally kill discussions so if this works, you are all welcome.

Music to my ears!

 

[Patrick Verner]

My comments normally kill discussions so if this works, you are all welcome.

Why do you purposefully kill discussions? What kind of person does that? This makes me so mad!!!11!

 

[brmorr]

I have been kind of just grazing through this thread and I am just glad @j0novision took one for the team and didn't send any more of our American games overseas.

There are only 90 of these made, we can't be losing them over the pond.

 

[j0novision]

I have been kind of just grazing through this thread and I am just glad @j0novision took one for the team and didn't send any more of our American games overseas.

There are only 90 of these made, we can't be losing them over the pond.

My god someone doesn't hate me!