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Re: Stamp collecting ? 

By: Decomposed in POPE IV | Recommend this post (3)
Tue, 05 Sep 17 6:35 AM | 101 view(s)
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Msg. 33093 of 47202
(This msg. is a reply to 33085 by Zimbler0)

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Zimbler / Lkorrow 

re: "• Mint with original gum US postage stamps printed in the last 70 years are, with a few exceptions, worth less than their face value"

And that's what my friend discovered. From dealers, he wasn't offered better than 40 cents on the dollar.

I'm not a professional. I just collect for fun. For me to get a collection like his via dealers or even Ebay, I'd be paying multiples of what I paid. How many? I don't know, but I just found a plate block of twelve 8¢ 1972 stamps selling for $1.48 + $1.00 shipping, so $2.48 for 96¢ worth of stamps. I paid 67¢ for that same plate block.

Ultimately, all that matters is that my friend was happy with my offer and so was I. That's how it should be.

It's got to be discouraging, though, for all those collectors who built up their collections a little at a time over decades.

My old collection, by the way, was comprised almost exclusively of *used* stamps, obtained at little or no cost. I soaked 'em to get them off the paper... sorted and replaced them as better copies became available, etc. My investment was one of time, but I enjoyed it so I don't really think of it as a "cost." That's how stamp collection ought to be, imo. I really don't understand people like my friend who spent all that time buying plate blocks from the post office. Where's the fun in that? 




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The above is a reply to the following message:
Stamp collecting ?
By: Zimbler0
in POPE IV
Tue, 05 Sep 17 4:02 AM
Msg. 33085 of 47202

Sorry my dear, does not look good . . .


http://www.stamp-collecting-resource.com/stamp-collecting-values.html

(From deep within the article)

Mint stamps with original gum on the back are worth more than used stamps

•Earlier stamps are worth more than modern stamps

•Stamps with any faults (creases, tears, thins, etc.) are worth far less than those in perfect condition. One thing that is common with most collectibles, especially stamps, is that condition is everything. The same stamp that normally sells for $100 may not even be worth $10 if there are creases, thins, tears, etc.

•Boxes of loose used stamps are usually worth very little

•Stamp albums that are sparsely filled are usually worth very little

•Stamp albums for children or beginners are usually worth very little

•Used US postage stamps printed in the last 70 years are worth almost nothing

• Mint with original gum US postage stamps printed in the last 70 years are, with a few exceptions, worth less than their face value and can be used for postage without worry. I use old stamps back into the 1930s as postage to mail envelopes. Old stamps are still valid for postage...well, all stamps issued after the civil war at least Smile

>>>

Zim.


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