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g. Dan Eberhardt
Dan Eberhardt is a dealer. The $240 check paid to Mr.
Eberhardt was for the purchase of a wax case.5 We find that the
$240 purchase of a wax case more likely than not was a purchase
for Raymond's private collection, rather than a bulk purchase for
the buyers group. Petitioners have not shown that the wax case
purchased was sold during 1991 or 1992. Therefore, the cost of
goods sold is not increased by the cost of the cards.
h. Jennifer Kling's Star Wars Collection
A check in the amount of $933.78 written on the Ameritrust
account was made payable to petitioners' daughter, Jennifer
Kling.
Raymond claims that Jennifer collected Star Wars cards when
she was in grade school and high school and, in 1991, she sold
the collection to one of Morova's customers. He further claims
that the purchase price of $933.78 was deposited into the
Ameritrust account. Raymond then wrote a check dated July 29,
1991, from that account payable to Jennifer in the amount of
5Originally, baseball cards came as a premium with bubble
gum wrapped in a little wax pack (like wax paper around the card)
that were heat sealed. Eventually, the baseball cards became so
popular that the bubble gum wrap became the premium with the
purchase of the baseball cards, and finally the bubble gum was
eliminated. Although the packs are now polypacks, collectors
still refer to them as wax. Today, baseball cards generally are
marketed in one of three ways--wax, cellos, and rack packs. A
wax pack is the smallest, generally containing 1 to 15 cards. A
rack pack generally consists of 3 wax packs and a cello pack
would be a larger pack containing 4 times as many cards and
selling for $3 to $4.
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