PSE Order Results
fbs1977
Posts: 29
in Stamps Forum
Hello all! I'm a newbie to the stamp collecting world, but find it completly addictive and exciting$$$$. I have recently seen people post there results on this site and for purely selfish reasons I have posted my latest order as well. Next week I will be selling everything with a grade lower than 90 on Ebay. I realize these stamps are not worth much, but the Scott 70 should get atleast my Certification fee back....hopefully. You never can tell about Ebay though. My ebay user id is the same as my user name here and items should be listed late next week and ending on the 10th of Feb. Thanks for checking out my selfish posting 
. Good luck to all collectors out there with their submissions.
01160419 100173 VG 50, Used 70 1862 24c US
2 1 01160420 100391 F 70J, Used 209 1882 10c re-engraved US
3 1 01160421 100417 G-VG 40, Used 220 1890 2c US
4 1 01160422 100474 F 70J, Used 250 1894 2c type I US
5 1 01160423 100474 XF 90, Used 250 1894 2c type I US
6 1 01160425 100509 XF-Sup 95, Used 267 1895 2c type III US
6 2 01160424 100509 XF-Sup 95, Used 267 1895 2c type III US
7 1 01160426 100509 Superb 98, Used 267 1895 2c type III US
8 1 01160427 100604 Superb 98, Used 319 1903 2c type I US
9 1 01160428 100693 Superb 98, Mint OGnh 367 1909 2c US
10 1 01160430 100767 Superb 98, Used 425 1914 2c US
11 1 01160431 100767 XF 90, Used 425 1914 2c US
12 1 01160432 100809 VF 80, Used 463 1916 2c US
12 2 01160429 100809 Gem 100, Used 463 1916 2c US
13 1 01160433 100857 XF-Sup 95, Used 499 1917 2c type I US
14 1 01160434 100922 VF-XF 85J, Used 528B 1920 2c type VII US
15 1 01160435 101000 VF-XF 85, Mint OGnh 569 1923 30c US
16 1 01160436 101097 Superb 98, Mint OGnh 650 1928 5c 5c Aeronautics US
17 1 01160437 101822 XF 90, Mint OGnh C24 1939 30c US
. Good luck to all collectors out there with their submissions.01160419 100173 VG 50, Used 70 1862 24c US
2 1 01160420 100391 F 70J, Used 209 1882 10c re-engraved US
3 1 01160421 100417 G-VG 40, Used 220 1890 2c US
4 1 01160422 100474 F 70J, Used 250 1894 2c type I US
5 1 01160423 100474 XF 90, Used 250 1894 2c type I US
6 1 01160425 100509 XF-Sup 95, Used 267 1895 2c type III US
6 2 01160424 100509 XF-Sup 95, Used 267 1895 2c type III US
7 1 01160426 100509 Superb 98, Used 267 1895 2c type III US
8 1 01160427 100604 Superb 98, Used 319 1903 2c type I US
9 1 01160428 100693 Superb 98, Mint OGnh 367 1909 2c US
10 1 01160430 100767 Superb 98, Used 425 1914 2c US
11 1 01160431 100767 XF 90, Used 425 1914 2c US
12 1 01160432 100809 VF 80, Used 463 1916 2c US
12 2 01160429 100809 Gem 100, Used 463 1916 2c US
13 1 01160433 100857 XF-Sup 95, Used 499 1917 2c type I US
14 1 01160434 100922 VF-XF 85J, Used 528B 1920 2c type VII US
15 1 01160435 101000 VF-XF 85, Mint OGnh 569 1923 30c US
16 1 01160436 101097 Superb 98, Mint OGnh 650 1928 5c 5c Aeronautics US
17 1 01160437 101822 XF 90, Mint OGnh C24 1939 30c US
0
Comments
Jerry
Zac
Yes, I plan on selling all those stamps, plus a few more I currently have on gradedstamps.com. Hopefully, they will be listed/posted by Feb. 10/11. I think he is probably going to be asking at least book on most stamps though. Thank you for your interest. This whole process of finding, grading and selling these old hidden jewels is quite interesting.
<< <i>He's a good dealer I am sure he will be over "book" though, he'll probably get you way more than your submission cost. I would have paid book on a a few I need but you will make more with him(- commission cost of course) Yes I have several used sets on the PSE Registry, many incomplete but there are few who have many complete sets except Nick Kirke . >>
Zac, Thank you for the compliment. I work hard at being a "good dealer." My reputation in the market is very important to me. Allow me to make a few comments regarding my pricing and the market, as I don't want anyone to get the idea that I price everything over "book," because I don't. I have hundreds of items available today priced at "book" [SMQ]. I have many items priced under "book" as well. The items that are priced over "book" on gradedstamps.com very typically will be low population [POP] stamps. The items priced under book will have 'high' POP figures. Items priced at or around SMQ will have modest POP figures.
The only stamps I price "over book" are those where the "book" hasn't quite caught up with the market and or a LOW POP. I am very careful when pricing and am confident that gradedstamps.com offers the most competitive prices in the dealer market. Today, with so many websites offering PSE Graded Stamps, it is VERY easy to compare dealer prices. Unfortunately, there are some dealers who take an opportunistic approach to pricing. I am not one of them.
My pricing takes into account the PSE POP, PSE SMQ, my knowledge of the current market, my actual sales price history [FIVE years and growing] for 'like' items and supply/demand. I don't overreach hoping to get lucky. I don't put the potential customer in the position of having to be a negotiator. Not all collectors have negotiation skills, and not all enjoy haggling over price. I have built a very solid business on the premise that my prices will be the most competitive around. I know some collectors, feel they must haggle, because the dealer price is set high originally, with the expectation that there will be a discount. Frankly, I don't like used car lot tactics and have fashioned my business and pricing model around the belief that 'most' people don't like the used car lot concept either when trying to acquire stamps.
To see some examples, visit gradedstamps.com and in the search box on any Gallery page, search for "compare." You will see all the items in my current inventory, where a Market comparison and link is provided. In many if not all of these cases, I am offering the same stamp, same grade for a lot lower price than a competitor. The difference is: I am actually selling stamps. Gradedstamps.com Sales History [Value Tracker] portrays honest and factual sales data [including scans of the item sold] and when it was sold.
Managing Director - Rare Stamp Department
Heritage Auctions
<< <i>Steve, hope I didn't offend in anyway, I would say ALL dealers sell for more than the SMQ, as many of the prices are low compared to the scarcity of many early stamps in higher grades. I think the 90 grade prices are pretty accurate though, and personally I generally won't pay much more than the SMQ for a 90 anymore, unless it is a tougher higher denomination or a jumbo. Anyway I think you're the best dealer to do business with, many other dealers want an "arm and a leg" for their stamps, and you are more reasonable on pricing. >>
Zac and Frank,
No offense taken at all. The whole issue of pricing PSE Graded stamps isn't all that easy to understand, particularly with the wild price differences between secondary market sellers that exists today. There was a time, [several years back now] when virtually every stamp in the SMQ sold for more than SMQ. PSE has said all along their intent is to lag the market with SMQ pricing.
For those who were involved in 2001 and 2002, you may recall my large ads in Linn's and on the back cover of the SMQ offering to pay near, at, and even over SMQ pricing for PSE Graded stamps. At that point in time, the SMQ pricing was in general, significantly below the market. This situation drew a lot of attention and interest, then over the next couple of years, we saw steady pricing increases in succesive SMQ updates. So, the SMQ eventually "caught-up" to the market. There are still people involved in the market today that seem to think anything graded is worth somewhere - to a whole lot above SMQ no matter what it is. Today, there indeed are some stamps and category of stamps/grades/POP where that is the case, but such instances are the exception and not the rule.
It's important to me that I distinguish myself from all the people who have jumped into the grading market in the last two years. I welcome a competitive marketplace. The market is really just starting to mature and attain some level of predictability, POP figures are starting to become much more useful in aiding everyone as to what's scarce and what is not. But many of these new sellers don't really understand the market as they have limited experience and saw an opportunity to make some fast money and - apparently- are operating under the belief that prices will only continue to rise for graded stamps and that anything graded is always worth some price above SMQ.
My post was simply seeking to add some clarity and understanding to a somewhat complex system and draw a distinction as to market pricing, my philosophy, my knowledge and experience in the graded stamp market. As new markets mature, one usually sees some reasonable relationship between prices of competitors for like items. We are not there yet, as price variances of several hundred dollars are still commonplace and I think it is important to talk about this and help new people especially, understand what is going on.
Thanks to CU and PSE for providing a public board where this discussion can take place.
Managing Director - Rare Stamp Department
Heritage Auctions
Zac
www.rfrajola.com
www.rfrajola.com
Just don't tell Nick Kirke, I already have to bid against him in big auctions besides I don't have the capital to compete with him, and ebay is MY turf(ha ha, just kidding) But no, really, I will definitely bid on that if you put it on ebay! And congrats on the great grades, c'mon, it's gotta get you a little excited to hear of a top grade on a couple of your stamps. Grading has been one of the most exciting aspects of philately for me, even though I like several other very diverse areas. Did I tell you the Worcester cover I tried to get you to post on your board sold for $42.00? Not bad for the little I had invested in it.
Zac
Glad your Worcester cover did well.
www.rfrajola.com
Zac
www.rfrajola.com
www.rfrajola.com
www.rfrajola.com
www.rfrajola.com