a free TRANSLATION newspaper article LINN'S STAMP NEWS "COLLECTORS 'WORKSHOP" entitled: "WHAT IS THE TRUE VALUE OF YOUR COLLECTION? Text by Janet KLUG
WHAT IS THE REAL VALUE OF YOUR COLLECTION
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Often, collectors are obsessed with the value of their collection. We invaded by a multitude of catalogs and reference volumes that give us a value based on condition and quality as a whole. Catalog values reflect the market value of equipment in very good (very fine) condition that would be obtained.
I have often heard of collectors who have used the recent catalogs to find the value of their collection before offering them for sale. After having offered to many merchants, they were offended by being offered only a fraction of their catalog value. They wrongly accused him of being dishonest merchants. Philatelists disappointed accused, wrongly, the merchants of collusion with the publishers of catalogs that inflate prices for the benefit of merchants. The list of complaints is long.
If you think you end your days in Tahiti Based on the catalog value of your stamps, you'll be very disappointed. Let's say that your collection has a catalog value of $ 50,000. The catalog value is not what drives the market. The market is driven by supply and demand. If your collection consists of 250 000 stamps that are all the minimum value of 20 ¢, the value of your collection, as the catalog is $ 50 000, yet the sale of this collection does not pay you only a few hundred dollars.
Say your collection is specialized and is valued at $ 50 000 in the catalog. But the stamps you've purchased were of average quality and below the optimum quality in the catalog. You've assembled a collection that will be difficult to sell and does yield a fraction of catalog value, if you find buyer. Remember to stay in business, retailers must make a reasonable profit. They should calculate their time and administrative expenses as cost being in business. (Advertising, postage, insurance, service, work, vacation, travel, etc.).
And yet you are questioning the fact, probably published in Linn's, the sale offer (auction) has reported several times the catalog value, why? It's supply and demand, quality and condition and the scarcity of material available on the resale market when demand is strong, which will exceed the anticipated selling price.
If you are looking to maximize the value of your collection to get the highest possible price when selling, so I suggest you buy stamps from high quality, recognized countries and keep them in that condition. On the other hand, many collectors, if not most, collect for fun. Catalogs are available for identification and information. You can make exchanges based on catalog value and we use the catalog value as a guide for buying new hardware. The true value of our collections comes from the pleasure of the acquisition, enrichment obtained for the development of our thematic meetings that we did during our quest. How to put a value on that?
Returning to our collection of 250,000 stamps of minimal value to the catalog. Yes, the resale value of this collection is not huge, but think of the enjoyment of the collector to collect the stamps and stick them in their place in our album, one by one. If the owner of this collection takes the time to look further for some of his stamps, he acquires new knowledge of incomparable value.
You doubt my words? Let's see some common stamps and a stamp used by 3 pfennig with a minimum of 20 ¢. It is a stamp of Bavaria, Scott Catalogue number 77 issued in 1911 showing a bearded man. Many patches show bearded men, a collection called "Old Barbus," a very interesting topic. Some beards are more interesting than others. This year, the Prince Regent Luitpold, who was appointed Regent of Bavaria, against his will when his nephew, King Ludwig II was struck to continue to reign. Just days after his appointment to the position of Regent Luitpold, King Ludwig II died. The estate was to revert to the youngest nephew of Luitpold named Otto, but he was declared insane and also invalidated rule.
So Luitpold ruled as Prince Regent of Bavaria for 26 years until his death. This period is considered the golden years of Bavaria. If these stamps Bavaria had not been at the lowest price in the catalog, I never knew the history of Luitpold and his strange family. It's like an opera that lives in my album. This is much more than the minimum value in the catalog.
Great Britain issued the first stamp in the world in 1840. The stamp was printed in black ink and featured the effigy of Queen Victoria. It bears the nickname "Penny Black", it has no minimum value in the catalog, but given its historical importance, the Penny Black is affordable for most collectors. Queen Victoria is the female version of "Old Barbus. She appears on many stamps of Great Britain and its colonies during his reign of 63 years. For example, an inexpensive stamp that Queen, the official stamp issued in 1885 1 Anna, Scott has the number of O7 Nabha, is made from a stamp of India to become overloaded with a stamp of Indian state of Nabha. The NAHB, in the Punjab region, is listed in the catalog Scott in "The Convention of the States of the British Empire in India", just after the list of stamps of India. What this means is that the home state of Nabha was one of several states that had signed an agreement with the British Indian government allowed them to have their own stamps and their own currencies.
Each of these states would make an interesting collection. The Nabha is particularly relevant because of a lawsuit the Maharaja Pratap Singh against the British crown jeweler, Garrard. The lawsuit against Garrard (with a ruling royal ever done to this day) was to the effect that he had failed to turn 175 diamonds, 203 rubies, 11 pearls, 256 emeralds, and 19 sets of necklaces, bracelets and earrings ears. In 1997, another lawsuit was filed in the Punjab demand the fabled Kohinoor diamond, which is among the British crown jewels. The Commissioner of the Queen Victoria district of Punjab had purchased and sent to the Queen.
108-carat diamond was recut and exposed, perhaps it was affixed to the crown of Queen Elizabeth, who is exposed to the Tower of London. But the question remains, is it that the diamond was acquired legally by the Commissioner of Punjab? What other gems that adorn the crown of Queen Victoria on the stamp? Who owns them really? Another mystery stamp. According
the National Geographic Society "only 17 percent (%) of Americans can find Afghanistan on a map and 11 percent (%) young Americans can not find the U.S. on a map. This lack of geographical knowledge can be easily solved without difficulty by the philatelic stamps with little value.
The writer of this text tells us that "when my nephews and nieces were young, they had to spend several days at home during the summer. I took a world map provided by National Geographic and a box of stamps in bulk and we played the game map. Young plunged his hand into the box of stamps and a handful came out. First they sought to identify the country on the stamp using available cues such as currency, arms or the flag. I vividly remember one of my nephews had got it a stamp of India which was marked 3 pies (like calculus, English). He exclaimed, "You mean they had to cook 3 pies for the stamp." We spent a lot of time thinking about what sort of world we would live if we do our shopping and pay with pies, chocolate bars or ice cream.
The objective this game is who can find the most connected country to stamp Pigés and locate on the map. The rules may change with the game can focus on countries in Africa, and find if Togo and Tonga are on the same continent and they are different countries in Africa.
is a game you can play with your children and grandchildren. Teachers can use it in school work in order to defeat the geographical gaps mentioned above. It's fun and kids do not even realize they are studying. What value can you give it? A
Stamp Bosnia and Herzegovina of 10 Heller carmine, showing a landscape and bearing the number 35 Scott issued in 1906, a minimum value of 20 cents. This stamp is from a superb set of 16 engravings. This shows the Vrbas valley. The other stamps show other landscape of Bosnia and the charms of the old country. The Scott catalog gives us some interesting information on these stamps. They can be collected in a variety of holes including the variety called "compound" in which each side of the stamp perforations different. They are also non-serrated. Those wanting to start a collection inexpensive varieties will be well served by this series and they will remember all their lives.
Regardless, for me, the real value of this series lies in the scenic beauty exemplified in this series. Who can say at the sight of these bucolic scenes issued during the Austro-Hungarian administration that the first world war was about to burst from an assassin shot in Bosnia? However, a few years later Bosnia will be part of Yugoslavia and Bosnia in 1991 was back to the forefront because of a bloody civil war between communities Serb, Croat and Muslim.
A fourth example: stamps of the former British colony of British Guiana now the independent republic of Guyana in South America showing three different colors of 2 cents. The stamps are identical except for color. I found these stamps in quantity in a lot that I bought several years ago. I wondered what I could do with more than 50 identical stamps, and I still wonder. I have found no other purpose than to align them as soldiers, side by side in an album storage. But it is very interested to observe their Variety of colors and varieties of large cancellations.
I have more than 500 are valued at the catalog between 20 ¢ and 90 ¢ which means that I have a value of nearly $ 100, right? FALSE, I'm sure I could not even get 10% of this amount, especially if one takes into account the varying quality of these stamps and postmarks tax found there, which are less desirable by some. In this fourth example we have the Scott number 132 of lilac and orange, number 133 of lilac and pink and 134 black and purple to red. The total value of the catalog of this trio is $ 1.35, but the story that these stamps can tell, what is its value?
questions running through my head. Why so many patches of different colors emitted in such a short time with the same nominal value? Why a quote from Horace in Latin: "Damus petimusque vicissimi" (we give and receive in return) appears above the sailboat? And what is this ship?
There are many different postmarks on the stamps, as they no doubt have a story to tell. There are definitely some mysteries to clear up here. And when I managed to solve them, I always catalog value of $ 1.35. But consider the value they have for me.
Considering how much is your collection and its market value, it is more important to consider what she has reported while you owned rather than what she could earn when you sell.
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