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Am I wasting my time, trying to sell these stamps?

(1 of 8)
Am I wasting my time, trying to sell these stamps?
Jun 26, 2012 11:26 AM

I'm in the same shape as many posters here -- I have a bunch of old stamps from a childhood collection, and don't know what they're worth, (if anything).

 

I thought I'd just scan them at random, and post them here at one price for each nation. If they sell, they sell. If not, I'll give them to a kid.

 

But I'm wondering if this is simply a waste of my time.

 

Does anyone want material like mine?

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Am I wasting my time, trying to sell these stamps?

(7 Replies / 750 Views)
Am I wasting my time, trying to sell these stamps?
Jun 26, 2012 11:26 AM

I'm in the same shape as many posters here -- I have a bunch of old stamps from a childhood collection, and don't know what they're worth, (if anything).

 

I thought I'd just scan them at random, and post them here at one price for each nation. If they sell, they sell. If not, I'll give them to a kid.

 

But I'm wondering if this is simply a waste of my time.

 

Does anyone want material like mine?

Last Post
by billsey (1812 ) View Listings
(1 of 7)
Re: Am I wasting my time, trying to sell these stamps?
Jun 26, 2012 01:23 PM

Truthfully it would probably be a waste of your time.  Stamps a kid buys are not likely worth anymore today than they were 50 years ago.

Except postage to send them has gone up.


The world of Stamps The world A-Z

(2 of 7)
Re: Am I wasting my time, trying to sell these stamps?
Jun 26, 2012 10:11 PM

I agree with Mitch, very likely they'll not be worth the trouble. How many stamps are we talking about and when were they collected? On the bottom end you can figure $15-20 for 8oz of bulk worldwide off paper stamps. Mounted and correctly IDed they could go for as much as a penny a stamp as part of a collection lot. There's always exceptions, if you were buying all the new issues from China in the 50s and 60s they're liable to be worth much more now, but the reason they call those 'exceptions' is that they're exceptionally uncommon. :)


Online Stamp Collections

(3 of 7)
Re: Am I wasting my time, trying to sell these stamps?
Jun 27, 2012 07:30 AM

Thanks to both of you.   I'll let the auctions run thir course, and maybe re-up them another week, since it's free, then bark up another tree.

(4 of 7)
Re: Am I wasting my time, trying to sell these stamps?
Jul 24, 2012 10:33 AM

In San Diego, we have a philatelic library that provides assistance to collectors who are overwhelmed by the problems of selling a collection.  We have volunteers who identify and catalog collections, and help refer sales. We also are a 501c3 tax exempt charity, and accept donations from collectors for their tax refund. what do we do with the donations? In part they are sold to keep the library open, but the majority of the material is given to Boy and Girl Scouts, Boys and Girls Clubs, wounded veterans and ill people looking for activity, etc. Don't believe the wags in this column that try to tell you your precious collection is valueless, and there is no hope. This abnegation of the collector ethic will kill the hobby!  See sandiegophilateliclibrary.org!

(5 of 7)
Re: Am I wasting my time, trying to sell these stamps?
Jul 24, 2012 03:49 PM

Hey Bill did you know we were wags? Gee over 12 years of giving honest advice to collectors this obviously non-wag newbie comes along and puts us in our place. Gee I hope he can straighten us out on what stamps are all about. Come on Branywinesales share more of your philatelic genius so we can correct our ignorant ways.


The world of Stamps The world A-Z

(6 of 7)
Re: Am I wasting my time, trying to sell these stamps?
Jul 31, 2012 06:56 PM

Iwas the original poster of this thread, so I thought I'd report  how successful I was (not very), and make a suggestion on how to help people in a similar position.

 

I bought an obsolete (1991) set of Scott catalogues from a library sale.  Although out of date, these were a big help because my stamps were old, too.  I recommend that people buy a used set if they have old stamps to sell.  If nothing else, they're interesting.

 

I made about $20 from my auctions -- not worth the time required to scan and post, but better than nothing.  The majority of that $20 ($12.30) was one item -- an envelope with three old Italian stamps.  I deduce from this, that collectors prefer stamps on the envelope, not soaked off. Or that's my theory -- you all can tell me if I'm correct. 

 

Naive people like me need some generalizations, that  they can use to decide what they have.   For instance, one person told me "Nearly all post-WWII US stamps are valueless, except as postage."   (I assume that means that if they're cancelled, they're not even worth that).  Of course there are exceptions to every generalization, but a few guidelines like that could save we beginners a lot of time.

(7 of 7)
Re: Am I wasting my time, trying to sell these stamps?
Jul 31, 2012 07:40 PM

Iwas the original poster of this thread, so I thought I'd report  how successful I was (not very), and make a suggestion on how to help people in a similar position.

 

I bought an obsolete (1991) set of Scott catalogues from a library sale.  Although out of date, these were a big help because my stamps were old, too.  I recommend that people buy a used set if they have old stamps to sell.  If nothing else, they're interesting.

 

I made about $20 from my auctions -- not worth the time required to scan and post, but better than nothing.  The majority of that $20 ($12.30) was one item -- an envelope with three old Italian stamps.  I deduce from this, that collectors prefer stamps on the envelope, not soaked off. Or that's my theory -- you all can tell me if I'm correct.

 

Naive people like me need some generalizations, that  they can use to decide what they have.   For instance, one person told me "Nearly all post-WWII US stamps are valueless, except as postage."   (I assume that means that if they're cancelled, they're not even worth that). Of course there are exceptions to every generalization, but a few guidelines like that could save we beginners a lot of time.

Obsolete catalogs are my first suggestion when someone really wants to know something about their stamps, other than just 'what can I sell it for?" They're typically cheap ($1-5 each for 10 year old issues) and have very close to everything a beginner want to know about the stamps.

 

Rule of thumb 1: Stamps on covers are worth more than stamps off covers. That doesn't say it'll be worth much, just that on cover examples are almost always harder to find than off cover examples. Exceptions are for some 'created collectible' type covers, which will often be worth less than the stamp by itself.

Rule of thumb 2: Unused stamps are worth more than used stamps. (Note these don't compare unused stamps with covers.) In general, most stamps are used for paying postage, so the used ones outnumber the new ones. There are exceptions, typically when a stamp that meets a specific rate has a very short life, such as a rate that is only in effect for a few days after the release of the stamp.

Rule of thumb 3: If the stamp is from a big country, and matches the current (to the stamp) first class postage, it won't be worth a lot. Even stamps issued in the 1860s were often issued in huge quantities and therefore saved in huge quantities.

Rule of thumb 4: Collectors almost always pay more for their stamps than they will sell for. Even when the duration between buying and selling is quite long, decades or more. This is how dealers stay in business... :)

 

It's worth noting that the 'Nearly all post-WWII US stamps are valueless, except as postage.' is totally incorrect. It's just that they're worth *more* as postage than as collectible stamps. old postage lots typically sell for 70-85% of face value in the retail market and 50-70% of face to dealers. Even 50% of face is far from 'valueless' when you're working with all those sheets aunt Ida saved...


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