I've been wanting to write this long-winded, if not melodramatic diatribe for some time. Thank you for providing a forum for me to express my opinions!
While there are valid complaints about the way
ebay runs their universe, I must come to their defense. I also fully acknowledge that this topic has been a sticky one for years and I may not be saying anything new, but I refuse to digress :)
The philatelic market had lost all sense of reality.
Perception is a funny thing. I stopped collecting for more than a decade simply because of my perception about store-front dealers. I came to believe that all store-front dealers in my hometown were pretentious and narcissistic despots. I once brought my stock book to a shop in the hopes of trading some of my duplicates for something new and exciting. While man-handling my collection, the dealer told me to throw out all of my fillers because it made my collection look bad. I left the store disillusioned. It was at that time I concluded (right or wrong) that store-front dealers were not philatelists but were in fact day traders; buy low and sell high with no regard for whomever got in their way.
ebay destabilized the world-wide stamp market.
For years uncounted, the collector had only price catalogues, store-front dealers, stamp conventions, or NY auction houses to rely on for price and availability. This allowed for a total lack of accountability (and courtesy) by the aforementioned. After All, who are we to question the experts? This inevitably led to hording and price fixing. What remained closely echoed Darwin's theory of Natural Selection ... where only the fittest survived (read: biggest and wealthiest dealers) while small time dealers were being squeezed out. Meanwhile, the average collector was running out of options. As a result, stamp collecting as a hobby was dying.
Then philately was introduced to
ebay. And soon thereafter, the long, overdue market correction occurred.
ebay re-stabilized the market.
Like a perfect storm, market forces battled it out. On one side stood the NY auction houses, store-front dealers, and stamp conventions. The other: the average collector and small time dealer. And with the help of
ebay, the average collector and small time dealers won out. No more would there be a lack of accountability. Hording was no longer viable. For the first time ever, the average collector got to determine market prices!
This was when and why I returned to philately.
ebay restored my passion for stamp collecting.
ebay has made available to me, and countless collectors worldwide, items I never would have dreamed I would see or own. We now have a worldwide philatelic convention at our fingertips. Literally anything and everything is available to collectors and it happened almost overnight.
Additionally,
ebay has provided the small time dealers and collectors a place to sell their philatelic items at a fair, market price and do so from the comfort of their own homes; something that was impossible just 15 years ago!
To sum everything up, I believe that
ebay has single-handedly saved philately; allowing the collector to determine market prices, providing them with unlimited inventory, and providing dealers with a world-wide market. And for the time being, has postponed the total failure of postal services worldwide (a different topic altogether).
Epilogue:
I don't begrudge a dealer's desire to make a living. They obviously have to pay the bills and like most everyone out there, they want to have something in the bank at the end of the month. I also acknowledge the risk they took by starting up their respective businesses to serve the needs of the philatelic community. But you must be ready to change business models when the market dictates. And this market change wasn't just dictated ... it was mandated.
I'm also not so naive as to believe that
ebay or any other online auction site is perfect.
ebay has made a great many errors along the way - some big, some small - but you have to keep in mind just how short a time they've been around. There have been, and will continue to be, growing pains.
And selfishly, I just can't help smiling just a little bit knowing that the aforementioned store-front dealer who told me to throw out my fillers no longer has a store-front. He did, in fact cause his own demise. After All, you can't treat your customers like crap forever :)
Brian Riley