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Tyler's wheels for sale(12 posts)

Tyler's wheels for saleJohnIV
Oct 8, 2003 5:07 AM
Superhuman Tyler Hamilton seems to have donated his TDF time trial Zipp wheels to the American Cancer society. Check em out:

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=2756907527&category=52
WOW!!!!bimini
Oct 8, 2003 7:04 AM
Normally I don't get too excited about new bikes or parts, but these are real history.

How many people could show up at a TT sporting Tyler's TDF wheels? Not only state of the Art Wheels, but Tyler's wheels.

Heaven forbid wrecking.

I'm a little concerned about the feedback of 0. Could be a scam. A new angle on an old scam. If I were to really bid, I would only do so after several emails, phone calls and involving a real escrow service or by arranging a personal pick up and inspection of the wheels .

Maybe if they could get Tyler to deliever them in person.
AUTOGRAPHED by, not RIDDEN byoff roadie
Oct 8, 2003 7:16 AM
It looks like he put a pen on them, not race miles. They are just the same KIND of wheels he used.

And since when does the ACS raise money via E-BAY auctions???
I believe they are the actual wheels used (nm)TJeanloz
Oct 8, 2003 7:24 AM
Press releases indicate they were used...biknben
Oct 8, 2003 7:28 AM
In multiple press releases it is stated that the wheels were used by Hamilton and the team during the TDF. It doesn't get much more specific though.

Link here: http://www.zipp.com/Press_Releases/070903.html
Here's some of the text:
World ranked cyclist Tyler Hamilton of Team CSC and his sponsor, Indiana based wheel manufacturing company ZIPP Speed Weaponry, will be donating the wheels used by Hamilton and Team CSC members in the up coming 100th Anniversary Edition of the Tour de France to the American Cancer Society, Great Lakes Division.
Looks legit. Here's an article written about it pre-donationKristin
Oct 8, 2003 7:20 AM
http://www.bicyclepaper.com/bp/issues/August03/regionals.htm

Hamilton's Tour de France Wheels for Sale

Despite early injuries to a collarbone, world-ranked cyclist Tyler Hamilton of Team CSC and his sponsor, Indiana-based wheel manufacturing company ZIPP Speed Weaponry, will be donating the wheels used by Hamilton in the 100th Anniversary Edition of the Tour de France to the American Cancer Society, Great Lakes Division.

The "one-of-a-kind" wheels finished in gold hubs and trim in honor of the 100th Tour de France, represent some of the finest composite and ceramic technology available in the cycling world. Embossed with the Society logo, the wheels will be autographed by Hamilton and CSC team manager, 1996 Tour de France winner, Bjarne Riis.

The wheels will be auctioned off on E-Bay in August. Proceeds from the 100th year of the Tour de France commemorative wheel set will go to support the American Cancer Society's College Scholarship program.

To find the link to the auction item go to www.cancer.org. For additional information on the American Cancer Society call 1-800-ACS-2345 or visit their web site.
And here's the official article from the ACSKristin
Oct 8, 2003 7:31 AM
http://www.cancer.org/downloads/COM/VOICES_August_2003.pdf
Last story in the newsletter
Oops, its the same text as the first article I posted. nmKristin
Oct 8, 2003 7:32 AM
Tax-deductible bike components - Cool! (nm)52-16SS
Oct 8, 2003 7:04 AM
Tax-deductible bike components - Cool! (nm)wily in pacifica
Oct 8, 2003 7:19 AM
Sorry, not tax deductible. Only tax deductible for the amount you pay over the fair market value (FMV). If you ask for a receipt they would be required to state on the receipt the FMV of the item you bought.

Willy in Pacifica - CPA
Yes, but FMV is interesting in this caseTJeanloz
Oct 8, 2003 7:26 AM
What's a pair of race-used wheels worth?

And does their use make them more valuable or less valuable?

I suppose one could argue that whatever an ebay auction brings is FMV, no more, no less.
Yes, but FMV is interesting in this caseBeaver
Oct 8, 2003 10:49 AM
FMV in this case would be what it would cost to go out and purchase a pair of used Zipp wheels. Just because they are autographed and were used by a "famous person" doesn't mean anything to the IRS.

Jason - Not a CPA, but I work for a charity that has puts on a golf tournament and auction every year.