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Thought I Was Stealing, But I Was Taken...nystamps

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Posted 11/14/2015   2:54 pm  Show Profile Check ray.mac's eBay Listings Bookmark this topic Add ray.mac to your friends list Get a Link to this Message
Was listed as #26, but was really obviously 26A. You can see the stamp above at the top of the perfs, the left frame line stops, and it's not straight by a long shot. Paid $18.50..just arrived today and thought I'd post it:


But here's the catch....take a real close look at the upper left corner and lower left corner. That isn't an occlusion at the lower left, it's been altered and it's a fake corner, and so is the top left. Altered #26, I'm sure at one time, to be a 26A.

I'm keeping this as a reference, and I'm still looking for a mint 26A. Wanted to post this to show everyone-- yes, I have a little knowledge on some of these issues, and I've done pretty well in some purchases of misidentified stamps, but I've been burned a few times also, and this is a great example.

Be careful out there! Ray
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Posted 11/14/2015   3:06 pm  Show Profile Check 51studebaker's eBay Listings Bookmark this reply Add 51studebaker to your friends list  Get a Link to this Reply
NYStamp Terms and Conditions clearly states that "Some stamps could be expertly restored, regum, or repaired." and they aren't kidding. I am unclear why folks buy under these T&Cs.
Don
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Posted 11/14/2015   3:10 pm  Show Profile Bookmark this reply Add TheStampNut to your friends list  Get a Link to this Reply
I learned some time ago to stay away from NY Stamps. Any dealer which indicates "Some stamps could be expertly restored, regum, or repaired" is not a confidence builder for me. They consistently offer inferior stamps and misrepresent stamp identification. There's a big difference in an honest mistake and total disregard and or lack of proper identification. Any faults or questionable identification should be in the description. Sorry you got burned Ray.
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Posted 11/14/2015   3:17 pm  Show Profile Bookmark this reply Add essayk to your friends list  Get a Link to this Reply
They refund. The fact that they say some of their stamps might be restored etc., should not mean that you have to be satisfied with what you got.

Is it worth more to you as a reference piece than the 18.50 you paid? If not, I'd send it back. Or did you already try that?

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Posted 11/14/2015   3:36 pm  Show Profile Check ray.mac's eBay Listings Bookmark this reply Add ray.mac to your friends list  Get a Link to this Reply
Actually, I might keep this one....
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Posted 11/14/2015   4:22 pm  Show Profile Bookmark this reply Add bookbndrbob to your friends list  Get a Link to this Reply
I don't have a problem with their terms and conditions. All of the modern stuff I have purchased from them has been fine to this point.

They are just saying what others don't say, and that is that a GREAT deal of 19th century material is either damaged or repaired. As a buyer, you decide whether or not what you have received is acceptable.

I would say that the price paid wasn't a bad deal. But, if you are a purist, then you might want to send it back for a refund. I can't imagine that you would find an undamaged stamp like this for $18.50 anywhere on the planet; I don't think it is a reasonable expectation.
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Edited by bookbndrbob - 11/14/2015 4:26 pm
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Posted 11/14/2015   4:34 pm  Show Profile Check 51studebaker's eBay Listings Bookmark this reply Add 51studebaker to your friends list  Get a Link to this Reply
I think it's great that they state the terms and conditions, and great that they take returns. But their issues go far beyond these issues in my opinion. They misidentify large amounts of stamps and the amount of faked cancelled Rhodesian stamps is astounding. Are not dealers supposed to be knowledgeable? If they have the time to post an image of the back of stamps, why not do it at a decent resolution? And can anyone argue that they are helping the hobby when these kinds of listings can take advantage of newer collectors?
Don
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Posted 11/14/2015   4:35 pm  Show Profile Bookmark this reply Add jim6092252 to your friends list  Get a Link to this Reply
I dont think their people who take the pictures who could actualy catch this stuff are very good at stamps. Sometimes this can work to your advantage because although I have been burnt on some things I have found some good things they missed.
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Posted 11/14/2015   4:43 pm  Show Profile Check 51studebaker's eBay Listings Bookmark this reply Add 51studebaker to your friends list  Get a Link to this Reply
I concur that I've seen what I thought were some good deals with them (they start so much at 0.01). But the T&C's scare me, I hate wasting time and effort returning stuff when there is plenty of other great dealers, and I would rather not support those who I feel are damaging the hobby. But I do agree that if a buyer has a lot of experience and is willing to use the return policy when needed, they might be a valid seller.
Don

PS I don't buy into the argument that because they are so big, making a lot of mistakes or having substandard performance is acceptable.
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Posted 11/14/2015   6:45 pm  Show Profile Bookmark this reply Add TheArtfulHinger to your friends list  Get a Link to this Reply
I've bought from them before with decent results, but I always bid carefully when it comes to them. They basically give no description and let the pictures speak for themselves. The pictures need to be looked at closely and carefully. If there is something that looks like it could be a crease or a thin or a repair, etc, I always assume that it is, in fact, one of those things and bid (or not bid) accordingly. Same thing for stamps that might be tricky to ID or are commonly faked/forged.

I did have to shake my head about a recent offering offering of theirs for some old German States issue. The title said it was signed (the German equivalent of a cert), but the "signature" on the back said "neudruck", which is German for "reprint". My guess is that most of their employees do not come from a stamp collecting or dealing background and they're there only to churn and burn through as many listings as possible.
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Posted 11/14/2015   6:46 pm  Show Profile Bookmark this reply Add StampCollector1960 to your friends list  Get a Link to this Reply
I don't think that it is possible to buy a mint 26A for $18.50....
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Posted 11/14/2015   7:32 pm  Show Profile Bookmark this reply Add kollectorkurt to your friends list  Get a Link to this Reply
Ray - I'm confused here...

Quote:
I've done pretty well in some purchases of misidentified stamps

...well, so have I from this seller. Probably quite a few of our fellow members here as well.

So why are you complaining about being on the other side of the "misidentification game" on this one?

Quote:
...but I was taken


No, you weren't. I "watched" this one because I had concerns about the same two corner you have pointed out and I was curious as to what it would do.

NYstamps does a boatload of business. This is not offered as an excuse or explanation, but as for the scant descriptions, I have not seen anything much better out there from many, many sellers. There are also well known dealers out there who over-grade and grossly overprice material.

Near as I can tell, he is not creating any of the faked or altered material, nor effecting any of the repairs. I am no great philatelist, but the repairs are clearly OLD. There is a market for these stamps.

I have no problem with his T&C and YES I have had three issues with him since 2012. I was satisfied with the resolution of two cases. Due to the third, there are certain types of his lots which I no longer consider under any circumstances.
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Posted 11/14/2015   8:16 pm  Show Profile Bookmark this reply Add shermae to your friends list  Get a Link to this Reply
I agree with 51 and kurt. NY Stamps should not have any less accountability for their quality and descriptions compared to any other dealer.

That said, the reality is they are "Philatelic Flippers," looking for a very quick turn on inventory with no interest in building stock or slow-turning material. And frankly, they have no interest in building a client base either. They can't make this kind of business model work and fuss too much with "details." If they did, they would go out of business.

Doesn't make it right, but it is what it is. I think we all know the risk-reward proposition with NY Stamps so we should be realistic in our expectations.
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Posted 11/14/2015   10:18 pm  Show Profile Check docgfd's eBay Listings Bookmark this reply Add docgfd to your friends list  Get a Link to this Reply
I'm aware that one needs to be cautious when buying from this dealer, but lets all keep in mind that he DID list it as a #26.
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Posted 11/14/2015   10:19 pm  Show Profile Bookmark this reply Add cfrphoto to your friends list  Get a Link to this Reply
Gresham's law applies to stamps. "Bad stamps drive out the good. Competent dealers who buy collections at auction cannot compete with dealers who offer altered or damaged stamps without disclosure. When the faults are fully disclosed, most damaged stamps sell in eBay auctions for less than 10% of catalog. However, for reasons I don't fully understand, defective stamps sold in groups sell for more than the sum of individual ones offered separately.

Clark
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Edited by cfrphoto - 11/14/2015 10:21 pm
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Posted 11/16/2015   7:04 pm  Show Profile Bookmark this reply Add jmdregs to your friends list  Get a Link to this Reply
I've had a few experiences buying lots of Washington-Franklins from NY Stamps. Its been my observation that when they put a question mark after the catalog number in the auction photo it invariably is not the listed catalog number. However, when the photo bears a check mark after the catalog number, its usually correct.
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