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I just spent 462.00 on 2010 Scott catalogs .......

SmittysSmittys Posts: 9,876 ✭✭✭✭✭
am I crazy or what ?????

I don't have 462.00 worth of stamps but thinking about getting into them ....
Am I crazy for that too ????????

Comments

  • Knowledge is a must in stamp collecting. When you do start buying stamps, the information contained in the catalogues might help you from making major mistakes.

    Good investment? Reference books are almost always a good investment.

    Rolin
  • A good investment would have been purchasing the 1840-1940 Scotts Classic Specialized (worldwide stamps to 1940) or the US Specialized.

    Then, use the information provided in the stamp on cover listings! But I am biased against fill-the-hole stamp collecting.
    Richard Frajola
    www.rfrajola.com
  • coinpicturescoinpictures Posts: 5,345 ✭✭✭


    << <i>A good investment would have been purchasing the 1840-1940 Scotts Classic Specialized (worldwide stamps to 1940) or the US Specialized. >>



    Agreed. Unless you're dealing in a lot of modern crud, the Classic and/or U.S. Specialized is all you need (not that the Classic is inexpensive at $80+).
  • SmittysSmittys Posts: 9,876 ✭✭✭✭✭


    << <i>

    << <i>A good investment would have been purchasing the 1840-1940 Scotts Classic Specialized (worldwide stamps to 1940) or the US Specialized. >>



    Agreed. Unless you're dealing in a lot of modern crud, the Classic and/or U.S. Specialized is all you need (not that the Classic is inexpensive at $80+). >>



    Now you guys tell me. oh well at least I got a good set of reference books
  • WoodenJeffersonWoodenJefferson Posts: 6,491 ✭✭✭✭
    Stamp collecting is done at a leisurely level...unlike coins, youstill have buyers, but not like the 10's of thousands wanting a certain series of coins. Also, the collectors are long term and not flippers.

    Good luck!
    Chat Board Lingo

    "Keep your malarkey filter in good operating order" -Walter Breen
  • Oops , live and learn.

    Even an older specialized can be purchased cheap.
  • Make sure you have alll the details before buying or selling the stamps.. Read books before proceeding...
  • sinin1sinin1 Posts: 7,500
    am I crazy or what ?????

    possibly - values in catalog are hard to translate to market
    - some unused 80 year old stamps are worth less than face


    but I guess it is about getting value for purchase, liquidity, and selling prices
  • Catalogs are better for info than anything, many times the prices are meaningless. I really want a new Scott specialized but I refus eto pay $80+ for it. Could've got one for 56.00 at stamp show, used $ for stamps instead.
  • I buy it for the info also. I like to pick up an older used edition on ebay for a fraction of the original price.

    Matt
  • coinpicturescoinpictures Posts: 5,345 ✭✭✭
    My local dealer had a box of really old Scott catalogs last week, and just for giggles I picked up editions from 1914, 1901, and 1896.

    It's amazing to see just what useful information has been pruned from the catalogs over the years.

    One of the really useful items was a 5-6 page list of philatelic terms, cross-referenced in English, French, and German.
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