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Value Of Classic Stamps - Mint No Gum

 
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Author Previous TopicReplies: 4 / Views: 3,753Next Topic  
Pillar Of The Community
Canada
1227 Posts
Posted 02/01/2011   1:58 pm  Show Profile Bookmark this topic Add mhc99 to your friends list Get a Link to this Message
Hello, this is my first post aside from introducing myself and hope this isn't a "dumb" question. I have wondered about how to value mint no gum stamps and don't see where this issue is specifically dealt with in my catalogue. I have an unused Newfoundland #1 that was issued in 1857 and am wondering if stamps issued pre-1900 should be valued the same as mint hinged stamps. Regards Mike
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Pillar Of The Community
United States
5894 Posts
Posted 02/01/2011   2:13 pm  Show Profile Bookmark this reply Add smauggie to your friends list  Get a Link to this Reply
The value of gum on stamps is a touchy topic. I would say that most people value mint no gum stamps at around the same level as postally used (unless there is a particular premium for postally used stamps). Frankly, sometimes I would be completely glad to have the gum removed from some stamps just to not have to worry about it.
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Pillar Of The Community
United States
2547 Posts
Posted 02/01/2011   3:23 pm  Show Profile Bookmark this reply Add Russ to your friends list  Get a Link to this Reply
mhc99, welcome to SCF. I cannot address values other than U.S. but I believe that most are similar. Modern non-error stamps without gum are normally gluestick candidates. Unless the stamp is very valuable post 1920 are normally about the value of used. Classic (pre-1900) no gum are normally 20-50% on hindged value. There are many exceptions. The Scott U.S. Specialized list some classics (pre-1894) as no gum value. For other U.S. classics I value at 20%.
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Pillar Of The Community
USA
9748 Posts
Posted 02/01/2011   3:31 pm  Show Profile Bookmark this reply Add philb to your friends list  Get a Link to this Reply
Hi Mike, the catalog is only a guide..a rare stamp with no gum can still have considerable value..its a good question and I learned from Russ's explanation !
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APS 070059 Life Member International Society of Guatemala Collectors I.S.G.C. #853
Pillar Of The Community
USA
9748 Posts
Posted 02/01/2011   3:37 pm  Show Profile Bookmark this reply Add philb to your friends list  Get a Link to this Reply
If I had a Newfie #1 it would be my finest stamp goo or no goo !
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APS 070059 Life Member International Society of Guatemala Collectors I.S.G.C. #853
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