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off topic but looking for info posted by us navy vet

Started by CSJournals-migration,

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  • Member: Seasoned Veteran
CSJournals-migration

CSJournals-migration

Posted
  • Member: Seasoned Veteran
Posted

large stamp collection

 

Ok guys I know this is a coins forum but I need some info on my large sheets of stamp collection. Does anyone know of a dealer who will look over my collection and give me a value?

 

Don't know of anywhere else to ask so any help would appreciated.

 

Thanks and may God Bless...Mike

 

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RAM-VT

RAM-VT

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Posted

OK this is my experience with stamps. I stupidly purchased what I believed to be some worthwhile collections at estate sales. I then sent what appeared to better material into PF for what stamp collectors call expertizing (love that term). I had several XF-90’s, Several XF-S 95’s and even a few S-98’s never mind numerous VF-XF-85’s. I decided to sell off a good portion of my material to recoup my cost a keep just a few stamps which I would be in at no cost. One thing I learned was that stamp collectors are picky-picky and then picky. If one perf is short that is a fault and the stamp would not be graded. Used stamps with an extremely small fold at the tip of the corner would not get a grade and I could go on and on. Anyway the stamps I pulled together to sell were all fault free and nicely graded. They catalogue value was almost $15,000 and no single item had a value less than $125 and the highest value for an item was $1600. I contacted several stamp auction houses and sent them a list of what I had and a summary of the PF expertize certificate. Everyone turned me down because my items in total would not bring in at least $5000!!!!!!!!!!!!

 

Unless your sheets are all earlier than 1900 you should be tickled pink to get 75% of face but 60% might be more realistic. I know one dealer in Maryland likes to sheets at 50 to 60 percent of face and sell them to business for 75 to 80 percent of face. A win-win.

 

I took one heck of a beating on my journey into stamps and except to send a letter I don’t go near stamps.

 

Regards

 

 

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RichH

RichH

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Posted

I was simply going to respond by saying that I have heard from more than one source that the stamp market was way down, but Raminvt did a much better job of explaining current market conditions.

 

Nice niche by the Maryland dealer...

 

Cheers !

 

Rich

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