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Postal Commemorative Society Collections

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charr66
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United States
3 Posts

Posted 07/12/2010  12:07 pm  Show Profile Bookmark this topic Add charr66 to your friends list  Get a Link to this Message

Hi Everyone , I have several questions but I will start with this one first... My Uncle passed away a while back and he was a stamp collector . My family has asked me to do some reasearch on what his collection might be worth . He has huge collection of Postal commemorative society stamp collections and I was wondering if anyone could tell me whether they are real or replicas. I am totally ignorant when it comes to stamp collecting any help would be appreciated on information about the Postal Commemorative Society collections.

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Battlestamps
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United States
1643 Posts

Posted 07/12/2010  12:20 pm  Show Profile Check Battlestamps's eBay Listings Bookmark this reply Add Battlestamps to your friends list  Get a Link to this Reply

Hello and welcome. Are these collections of first day covers or mint (unused) stamps? They did both. Outside of the 22kt replicas, they used real stamps.
Will

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khj
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United States
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Posted 07/12/2010  12:20 pm  Show Profile Bookmark this reply Add khj to your friends list  Get a Link to this Reply


Welcome to Stamp Community Forum, char66!

My condolences to you and your family for the loss of your uncle.

PCS issued both real stamps/covers, and also replicas. Either way, they usually do not have much resale value. PCS did mass marketing to the general public and the casual/beginning collectors. There is a much greater supply than demand, and the shipping costs are often more expensive that the actual item costs. Generally, when they do sell, it is as a large batch. Individual items usually retail from 10c-25c (sometimes higher, sometimes lower), and a full binder of material usually retails ($10-$25). Again, the hard part is finding a buyer. Most (not all) stamps collectors now don't bother with PCS material. Some storefront dealers will even give the stuff out free, just to make more space in their stores.

You can check eBay, and see how well and for how much PCS items get sold. There's always somebody somewhere who likes them. I have a couple of gold replica covers myself, simply as a discussion item and as a sample of philatelic history.

k

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charr66
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United States
3 Posts

Posted 07/12/2010  12:24 pm  Show Profile Bookmark this reply Add charr66 to your friends list  Get a Link to this Reply

These are first day covers

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khj
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United States
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Posted 07/12/2010  12:38 pm  Show Profile Bookmark this reply Add khj to your friends list  Get a Link to this Reply

If they are FDC's then typically 10c-25c (again, sometime more, sometimes less). There is no premium because they were issued by PCS.

Also, if they are addressed, the retail will be closer to 10c. Unaddressed covers, will be at the upper end.

They are pretty covers, though. And the packaging and binders are very nice.

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Puzzler
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Canada
6366 Posts

Posted 07/12/2010  12:43 pm  Show Profile Bookmark this reply Add Puzzler to your friends list  Get a Link to this Reply

Hi charr66, welcome!

From what I have heard and read on here and elsewhere about the PCS the stamps and covers (envelopes) are genuine or authentic.

However, if what you have is similar to what a lot of people have from that company, the first day covers (if that is indeed what you have) are not a big seller with collectors.

Most collectors of postal history 9covers and the like) enjoy envelopes and stamps used regularly in the normal course of mailings of people and businesses. Nice commemmorative first day covers are appreciated for their artwork and sometimes by collectors but not as much as a genuine usage.

The 60's and 70's were great collecting times and great time for sellers of First Day Covers. They are unique and I am drawn to them myself, and have seen a few from collections that are only made in limited quantities and with unique artwork.

However, unless the artwork will appeal to someone years in the future (very hard to say) it seems to me that the best value of such items is in the enjoyment they have given and are giving to collectors. They do not immensely appreciate in market value.

You may think, looking at one, that it is specially made, the artwork took time, the composition of the whole cover, it's look, etc etc, even perhaps the stamp (most are common stamps) but that artwork had better be really nice or the value just dropped as soon as you bought the item.

Nice stuff sells. Special stuff sells. But, then again, not everyone likes a Renoir or a Picasso painting. I would rather a Monet. Others would rather a Rolling Stones poster.

PCS has, from what I have read, some good salesmanship skills happening over there. If someone thinks he has gotten something of value and enjoys it all to pieces, then actually he has gotten the value of that enjoyment out of it all.

If that is what you have. Pics or scans are always welcome to better help us to help you.

Maybe somebody in the family collects and would appreciate them? History? Sentimental value?


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charr66
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United States
3 Posts

Posted 07/12/2010  12:53 pm  Show Profile Bookmark this reply Add charr66 to your friends list  Get a Link to this Reply

Thanks for all of your help I think you all have covered all of my questions. Such a shame to have so much money invested in something that is basically worthless .

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stampvirgin
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United States
4103 Posts

Posted 07/12/2010  1:29 pm  Show Profile Bookmark this reply Add stampvirgin to your friends list  Get a Link to this Reply

it is only worthless if you think it is..
People collect stamps, not because of value, but because of the joy of discovering.
Your uncle thought they were valuable. That should be enough.

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khj
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Posted 07/12/2010  1:33 pm  Show Profile Bookmark this reply Add khj to your friends list  Get a Link to this Reply

As far as I know, PCS never promoted the items as an investment, but as a collectible.

From a collectible point of view, I would say the buyer got close to their money's worth, because they are well-done and well-packaged. The oversized/odd-sized binders are often keepers from some collectors for home-made album pages. From a purely financial point of view, I completely agree. You won't come close to getting your money back. PCS spent a considerable amount on promotion and giving out freebies. I used to have (may still have) 2 binders of freebies from PCS that I accumulated directly from PCS before the turn of the century.

I would say they are a nice thing to put on the coffee table for guests to peruse. Just my thoughts.

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mselledge
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United States
27 Posts

Posted 07/12/2010  2:30 pm  Show Profile Bookmark this reply Add mselledge to your friends list  Get a Link to this Reply

Very well put Stampvirgin. I put together a small collection of CTOs from Poland for a guy as a going away gift (he is of Polish heritage).I probably had around $15 invested in stamps, paper, hinges, and a three ring binder, but a Rolex couldn't have made him happier.

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khj
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United States
5794 Posts

Posted 07/12/2010  2:57 pm  Show Profile Bookmark this reply Add khj to your friends list  Get a Link to this Reply

I retract what I said about the buyer getting his/her money's worth. I just looked at an old PCS ad from my archives, and never noticed they were selling the fake gold replicas for $6 each. That's still a bit pricey in my book.

But again, if you bought them for the joy, then be happy. I used to know some collectors who loved them, knowing full well they would not retain resale value. If you bought them as an investment or thinking they would retain value, well...



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khj
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United States
5794 Posts

Posted 07/12/2010  3:21 pm  Show Profile Bookmark this reply Add khj to your friends list  Get a Link to this Reply


Quote:
it is only worthless if you think it is..

I absolutely agree with this. Value is in the eye of the beholder. Many a penny black has been thrown away because of this.


Quote:
People collect stamps, not because of value, but because of the joy of discovering.

That's what we would like. But the reality is, there are plenty of collectors who collect for both joy and value, and there are also plenty of collectors who are only in it for the value (some might call them investors, but it's a fine line sometimes).


Quote:
Your uncle thought they were valuable. That should be enough.

I would say it depends on why he was buying them. I operate on the assumption that your uncle bought them because he liked them, and possibly thought is was a nice gift to pass onto further generations.

Speaking of others, if people are buying something because they think it is an investment when it is isn't, I don't think there is anything wrong with mentioning a few things to them.

One time someone asked me about the first day panels that used to be put out by USPS. They wanted to give them as gifts for their grandchild. I said, yes, they are very nice and have a lot of good information. But all he talked about afterwards was what a wonderful investment it was, and that was what got him all excited. I politely replied, that it was unlikely to have much resale value, certainly not enough to recover the original money. The value is not in the resale, but in the joy, beauty, and information. Of course he wasn't at all happy, I'm guessing in large part because he had already ordered a subscription(?). But the way I look at it, if he was primarily interested in it as an investment, I probably just saved him a few hundred dollars. If he wants it simply as a wonderful gift for his grandchild, then it's certainly a nice gift, and he should go ahead. It was his choice, and now he could make an informed choice.

If you don't ask, I will probably keep my mouth shut and only mention the beauty. But if you ask in terms of investment/resale, I think it's my responsibility to provide an honest answer. I expect no less when I ask others for their opinions. Just my opinion.

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