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3 Replies
Why sell new stamps with F/V ?
Created on
Oct 28, 2009 9:10 AM
by jeweltrader )
I am going thru my late husband's stashes. He wanted to collect, but really just amassed a mish/mash. I probably should have joined this before I sold any. Anyway, I am certainly not making anything on what he had and I feel for the US stamps that are unused, I'd be better putting them on envelopes when I pay my bills -- I mean with postage so high.

Also, I have 17# of stamp and philaletic materials he bought but never got around to looking at -- old Scott's books from the 60's, hinges, just stuff. I know I collect old jewelry and if I found catalogs of jewelry, I'd be ecstatic, but of course, you can date stamps easier than we can date jewelry. Anyway, this is a head scratcher why anyone would sell $43. of f/v stamps for $27.
Useful Funny
Hello jeweltrader.....

Stamps are often discounted......a book value does not necessarily mean that every copy is worth that much.

I'm not sure what you mean by f/v.

Tom
50+ years collecting.
by nr-notrare )
Oct 28, 2009 3:19 PM
What I meant was, let's say you could still use the stamp as postage and have a sheet of 100, but on auction you could only sell them for pennies on the dollar, which is what I've seen happening - no more than 75% of their face value, why would a person auction them?
by jeweltrader )
Oct 29, 2009 7:36 AM
Hi jeweltrader
What you say is quite correct. Over here in Australia we have the same situation. In the 70s many believed purchasing bulk (sheets etc) lots of stamps would be a good investment. Not so! Dealers now buy such lots at no more than 60% f/v (that's face value no-notrare). You may find that some non standard postal rate stamps have kept their value or even increased slightly but I'm afraid you will find the values used for everyday postage have not.
by cam231143 )
Oct 29, 2009 2:45 PM