Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Selling A Stamp Collection
VANITY | 1-30-2015 | kjam22

Posted on 01/30/2015 9:47:40 AM PST by kjam22

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 101-108 next last
To: kjam22
Years ago, when I was a stamp collector, H.E. Harris offered free, honest appraisals. Of course, you paid shipping and insurance both ways. Don't know if they are still around, but you might try some of the more reputable dealers such as Mystic, Linn or Littleton to see what they tell you.

For some reason, they all seem to be located in New England/New York.

Keep in mind that dealers resell to collectors for a profit, so if you want maximum value and have the time, the stamp show circuit where you can sell directly to collectors work the best.

The problem with collectors is that, while they will pay more, they will also cherry pick and often devalue sets by taking what isn't common and leaving what is.

I think Mystic or Linn's even publishes a catalog which will give you a guide to value. It isn't expensive if you Google or Bing them.

41 posted on 01/30/2015 10:13:07 AM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CivilWarBrewing

Yes... I have panels 1 through 727 in that collection. That’s 1972 through about 2005.


42 posted on 01/30/2015 10:13:18 AM PST by kjam22 (my music video "If My People" at https://www.youtube.com/watch?v=74b20RjILy4)
[ Post Reply | Private Reply | To 39 | View Replies]

To: CivilWarBrewing

I may have misunderstood your question. The big collection is American Commemorative Stamps. Its a deal where he bought stamps each month when they were released.


43 posted on 01/30/2015 10:14:52 AM PST by kjam22 (my music video "If My People" at https://www.youtube.com/watch?v=74b20RjILy4)
[ Post Reply | Private Reply | To 39 | View Replies]

To: Vigilanteman

Thanks for the info. Another freeper mailed me info about mystic and I just left them a message. Yeah... there aren’t many stamp dealers here in OKC. Mostly gun dealers :)


44 posted on 01/30/2015 10:16:04 AM PST by kjam22 (my music video "If My People" at https://www.youtube.com/watch?v=74b20RjILy4)
[ Post Reply | Private Reply | To 41 | View Replies]

To: dfwgator

The modern self-adhesive stamps are uncollectable as far as I’m concerned, which simplifies the hobby quite a bit. The older gum-type stamps are fun to soak off the envelope (if you collect canceled stamps as I did).


45 posted on 01/30/2015 10:24:02 AM PST by Genoa (Starve the beast.)
[ Post Reply | Private Reply | To 31 | View Replies]

To: kjam22

More and more philatelists are coming out of the closet, no longer ashamed.


46 posted on 01/30/2015 10:25:10 AM PST by Genoa (Starve the beast.)
[ Post Reply | Private Reply | To 38 | View Replies]

To: eCSMaster

The U.S. Postal Service also re-issued some panes of non-inverted Jennys.

They re-issued very few of the non-upside down Jennys.....
they are worth a lot per pane....as much as $45,000.

I think these non-inverted Jenny re-issues were sent at random to lucky buyers who purchased the inverted Jenny re-issue along with a “Congratulations” note.


47 posted on 01/30/2015 10:25:29 AM PST by july4thfreedomfoundation (Everytime the cash register rings in a gun store, a Founding Father gets his wings.)
[ Post Reply | Private Reply | To 30 | View Replies]

To: Genoa

I’m noticing that!


48 posted on 01/30/2015 10:26:09 AM PST by kjam22 (my music video "If My People" at https://www.youtube.com/watch?v=74b20RjILy4)
[ Post Reply | Private Reply | To 46 | View Replies]

To: kjam22

It was a compulsion with me for quite some time. I would practice philately right in front of my wife.


49 posted on 01/30/2015 10:27:58 AM PST by Genoa (Starve the beast.)
[ Post Reply | Private Reply | To 48 | View Replies]

To: kjam22
Good luck. Keep in mind that stamp collecting is very cyclical, even more so than coin collecting. One year, everybody is paying top dollar. A few years later, for some inexplicable reason, everybody wants to lowball them. Artwork, Red Wing crocks and every other collectable seems to run their own cycles.

I don't know if anybody has every come up with a good model to predict. In a previous life, I dealt with some people who did a great business with art. They had a top notch gallery in London at a great address. The art market crashed and the bank foreclosed on their property. These guys then negotiated a lease with the same bank which was about 40% of their payment and, when the art market started to return a few years later, bought back the property for less than their lost equity.

The reason these type of deals work is because those in the banking and real estate business don't know the art market. Their entire perspective consists of turning income consuming properties into income producing properties within a matter of days, weeks, or, at worst, months.

I'd be very wary of the clowns who tell you the stamps are worth more being used for postage. That might even be true today, but it won't forever.

50 posted on 01/30/2015 10:29:58 AM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
[ Post Reply | Private Reply | To 44 | View Replies]

To: Genoa

LOL.... Even Mrs Kjam22 thought that was funny. She said funny in a weird sort of way :)


51 posted on 01/30/2015 10:30:04 AM PST by kjam22 (my music video "If My People" at https://www.youtube.com/watch?v=74b20RjILy4)
[ Post Reply | Private Reply | To 49 | View Replies]

To: Genoa; kjam22

I tried to get her to participate but she wouldn’t.


52 posted on 01/30/2015 10:30:22 AM PST by Genoa (Starve the beast.)
[ Post Reply | Private Reply | To 49 | View Replies]

To: Vigilanteman

Thanks!


53 posted on 01/30/2015 10:31:13 AM PST by kjam22 (my music video "If My People" at https://www.youtube.com/watch?v=74b20RjILy4)
[ Post Reply | Private Reply | To 50 | View Replies]

To: Paul46360

My good friend had an extensive stamp collection. It was sold by the weight. And not much

He ruefully said, I should have collected coins.


54 posted on 01/30/2015 10:31:27 AM PST by Chickensoup (Leftist totalitarian fascism is on the move.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Genoa
Is there anyone still into stamp collecting who can tell us what we are supposed to do with the self-adhesive kind? We certainly can't soak them off envelopes.

I've kept a few of the high denomination kind ($2 and more) from friends and family to whom I have sent packages. I've just asked them to cut off the whole square around them and include in the next letter of package heading my way.

55 posted on 01/30/2015 10:33:48 AM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
[ Post Reply | Private Reply | To 45 | View Replies]

To: kjam22

I inherited my dad’s collection years ago and have done nothing. I know there is a computer program that you can buy and it has stamp values and you can put your stamps into your program to get thier worth...i assume that would be retail worth.
I have not decided whether to do anything with it. Since I am on fixed income maybe save it cause my dad spent a lot of time putting it together there is a whole slew of first day covers and United Nations issues.
Good luck with whatever you decide to do.
Freegards
LEX
ps...probably best not to sell it to a gun collector there in OKC he might do a great stamp robbery..ha ha..
Good luck


56 posted on 01/30/2015 10:37:57 AM PST by lexington minuteman 1775
[ Post Reply | Private Reply | To 1 | View Replies]

To: lexington minuteman 1775

You can donate the collection and get a tax deduction;

or, you can sell the better items on ebay,
and then donate the rest.


57 posted on 01/30/2015 10:40:44 AM PST by CondorFlight (I)
[ Post Reply | Private Reply | To 56 | View Replies]

To: kjam22

I am in the business and more than happy to help you. Can walk you through the process of selling. Will have some relevant questions which will speed the process along. Do not sell ANYTHING to an appraiser. A dealer will take a look and make an offer. An appraiser will tell you what it is worth. Some very cute appraisers will give you an estimate and the phone numbers of so called reputable dealers. Then the dealers make an offer: one a low ball, another one that fits right into the appraised amount. Only this is the appraised amount is BS and you have been scammed.

I have seen so much nonsense in this business. There are very good dealers and appraisers out there. Finding one is hard.

But keep in mind the stamp industry has taken a huge dive in value over the years. Unless they are very early US stamps, are well centered etc. They are not worth much.

Check for Chinese material. Much if that material brings huge money. Feel free to contact me.


58 posted on 01/30/2015 10:40:55 AM PST by warsaw44
[ Post Reply | Private Reply | To 1 | View Replies]

To: Genoa

“I would practice philately right in front of my wife.”

Oooo....kinky!


59 posted on 01/30/2015 10:41:57 AM PST by TexasRepublic (Socialism is the gospel of envy and the religion of thieves)
[ Post Reply | Private Reply | To 49 | View Replies]

To: kjam22

Right before my Dad died in 1979, he sent his entire collection out for auction to Apfelbaum, Inc (http://www.apfelbauminc.com/).
He was a big collector. As far we know, he didn’t inventory it before hand, just put it on a pallet and shipped it. He frequently sent high value packages to various collectors and dealers and I (as a kid) asked how he could trust them. He said that if there was any kind of problem, word would get out and they would be unable to conduct any more business.
I see Apfelbaum is still in business.


60 posted on 01/30/2015 10:42:44 AM PST by dmcnash (Back off! I'm a Scientist.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 101-108 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson