Gotta Have It Collectibles

$468,000 For Bruce Springsteen’s Chevy

March 30, 2011

When Bruce Springsteen bought the 1957 Chevy Bel Air Convertible in 1972, as we reported earlier, he paid just $2,000. Yesterday the yellow-flamed classic sold for a bit more, bringing $468,000 –well above its $400,000 high estimate –at an online auction of rock memorabilia by Gotta Have It Collectibles.

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Eye On: Taxes
U.S. Taxes on art bought abroad
Collectors buying art at auctions overseas must be aware of U.S. tax consequences. Here are some tips from Alan Olsen that will help smooth the way.
	Art Bought Overseas CPA Alan Olsen, of Greenstein Rogoff Olsen & Co., talks about the U.S. tax consequences when you purchase art abroad. Watch Video

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