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USA - SC #549 2c, 1920, Blkx4 ..... Is It A Bargain?!

 
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Pillar Of The Community
United Arab Emirates
507 Posts
Posted 09/06/2011   1:05 pm  Show Profile Bookmark this topic Add james to your friends list Get a Link to this Message
Guys,

A seller offered me $18 for this BLKx4 (USA - SC #549 2c, 1920), it's MNH/OG, is it a bargain??

Much appreciate your feedback ...





Cheers
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Rest in Peace
United States
1225 Posts
Posted 09/06/2011   1:36 pm  Show Profile Bookmark this reply Add artlaunier to your friends list  Get a Link to this Reply
2011 Specialized states $25.00 for a block of 4, MNH. I would think that you coulddo better than that. Me, I wouldn't pay it due to its poor centering. JMO.

Art
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A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed. (The exact & entire wording of the 2nd Amendment to the U.S. Constitution)
Bedrock Of The Community
United States
12128 Posts
Posted 09/06/2011   1:44 pm  Show Profile Bookmark this reply Add wt1 to your friends list  Get a Link to this Reply
Based on the wording of your post, I'm not sure if you're looking to buy or sell this block of stamps. Nevertheless, here's my take on it:

A small premium for it being a block of stamps, I suppose. But I have a 1983 and 2002 and 2010 Scott catalog which shows an interesting trend. Single stamps of this particular issue declined from $11.50 each (in 1983) to $6.50 each (in 2002) to only $5.75 each (in 2010). That's an 11.5% decline in value between 2002 and 2010 and a whopping 50% decline in value from 1983 to 2010!

Also, the example shown above is not particularly well centered. I would expect the 2010 catalog value for the block is somewhere around $25, so $18 is roughly 72% of it's current catalog value. A good deal if your selling, a not-so-good deal if you're a buyer. The stamps are not particularly scarce and they almost always come up in sales offers and auctions from time to time.
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Pillar Of The Community
United States
2547 Posts
Posted 09/06/2011   2:17 pm  Show Profile Bookmark this reply Add Russ to your friends list  Get a Link to this Reply
I agrre with wt1. The Scott prices are based on VF examples and the block shown is ave-fine which would reduce value 30-40%. This is an issue that is not difficult to find in the VF condition.
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Pillar Of The Community
United States
5894 Posts
Posted 09/06/2011   2:31 pm  Show Profile Bookmark this reply Add smauggie to your friends list  Get a Link to this Reply


Not a good value.
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Pillar Of The Community
United Arab Emirates
507 Posts
Posted 09/06/2011   2:53 pm  Show Profile Bookmark this reply Add james to your friends list  Get a Link to this Reply
Thank you so much, guys, for your valuable input

I guess I'll pass on it


Cheers
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