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All Forums Category: General Philatelic Discussions (Non Country Specific) Forum: Main Stamp Collecting Forum

Stamp Business Is Pretty Crazy :-D

 
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Author Previous TopicReplies: 2 / Views: 1,208Next Topic  
shareminator
Valued Member

Slovakia (Slovak Republic)
89 Posts
Posted 09/30/2010   10:15 am  Show Profile Bookmark this topic Add shareminator to your friends list Get a Link to this Message
What can market do with prices of stamps is really crazy

I start collecting first issue stamps, and compare prices for them...

First issue of USA: issued: 3,717,500 copies, price for good example: 250 - 400USD
7th issue of Solomon Islands: issued: only 7,281 copies!, price for good example: 70USD, price for first issue (45,364 copies) is 8USD?
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Moonbird
Pillar Of The Community
Canada
531 Posts
Posted 09/30/2010   10:20 am  Show Profile Bookmark this reply Add Moonbird to your friends list  Get a Link to this Reply
Nothing crazy about this at all. "value" is determined by a number of factors including scarcity, condition, availability etc. and most importantly, by what people are prepared to pay for it. The competition for early Solomon Islands issues is very limited and therefore they do not demand high prices.
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shareminator
Valued Member
Slovakia (Slovak Republic)
89 Posts
Posted 09/30/2010   10:38 am  Show Profile Bookmark this reply Add shareminator to your friends list  Get a Link to this Reply
yes there are many factors, for me personaly is "crazy", that strongest factor is demand
Can be funny to buy up all 7,281 copies of solomon´s 7th issue, what market will say about it
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  Previous TopicReplies: 2 / Views: 1,208Next Topic  
All Forums Category: General Philatelic Discussions (Non Country Specific) Forum: Main Stamp Collecting Forum
 
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