Market value
northsidekid
Posts: 3 ✭
in Stamps Forum
https://clevelandohiousa.tripod.com/stampcollecting/
I would like to sell my stamps that are on this {my} website
above, and MANY more, but I don't know at what percent
below an up-to-date catalog price I should sell them
for, i.e., if the maket value of a stamp is shown to be
worth $1.thousand dollars; and I had it, at what about
price should I be asking for it if I choose to sell it,
is there a guide or formula on how much I should be selling
my stamps for? {just a Fair asking price} - thanks,
John; Cleveland Ohio
john.letsrap@gmail.com
0
Comments
If your collection contains a large number of high quality BETTER stamps you would probably be better off contacting one of the large auction houses. They have the buyers for the "good stuff". So far as any common stuff goes ... it won't bring much. If your collection is in high quality albums those albums, without the stamps, may bring good money in themselves.
Trying to sell stamps individually will prove to be quite a chore and possibly an expensive one.
Comes down to the quality of certain key stamps if your collection has any of them. Otherwise it won't be worth your time.
ThankYou! for all of your great replies, many of my stamps
are mint never hinged, many with all the gum still on the
back of them. There might be some out there who might like
to buy maybe just one to complete their collection, and I have
no idea at roughly what percent below catalog or market price
I should sell it for, i.e. if I have a stamp in mint condition
valued at $1 thousand, at what percent or roughly what should
I be asking for it, I do not wish to auction it; I am retired and would
wish to sell from home, and prefer not to have a collector come
to my home for an evaluation of my collection. - Is there a {rough
percent} I should be knocking off a stamp's true worth? Thank You
all again very much*!
You need to check recent auction results. There is no magic percentage. The stamp market has been in decline for many decades so getting a feel for accurate current prices requires getting information from someone who is in the market every day. Those are the people who work at the major auction houses.
Mint, never hinged is important, especially so for better stamps. For common stamps it isn't going to make much difference. They are likely to bring less than face value if they are US.
There is still a market for better stamps but it is getting more selective with each passing year. The serious older collectors are passing from the scene and young people have little or no interest in stamps.
Thank you much for that! - John
Nice collection, your zeppelin set should sell for at least $500 more if never hinged. Your USA #2 is wrong color, should be black. People don’t really care about never hinged on used stamps. Usa#1 have 4 good margins, gb#1 have good color and cancel, not 4 margins though
Valuable used stamps are best marketed with all hinges removed. Valuable stamps with hinges remaining are suspect. Is a small thin hiding under that hinge?
Agreed but be very careful when removing hinges. Sometimes you will tear or damage the stamp in doing so.
Your Scott #2 is really part of a souvenir sheet printer 100 years later
bigmountainlion is correct. Your "US #2" is actually US #948b, which was issued on May 19, 1947.