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Five Dollar Stamp Question

 
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Valued Member

United States
31 Posts
Posted 01/17/2012   11:51 am  Show Profile Bookmark this topic Add biged239 to your friends list Get a Link to this Message
Well I said in my introduction this was going to be an adventure. So here is my first post with a question. The five dollar stamp is off center to the right, plus a little ragged on the edges. What effect does this have on the value? And what would the value be? Any other input is welcome. I have a lot to learn and I am going to use this forum to help me.




Thanks Big Ed
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Pillar Of The Community
United States
2948 Posts
Posted 01/17/2012   12:35 pm  Show Profile Check Rileysan's eBay Listings Bookmark this reply Add Rileysan to your friends list  Get a Link to this Reply
Grading and condition can be very subjective and often a sticking point when trying to determine value.

Unless otherwise stated, Scott catalogues value stamps in sound condition and in the grade of very fine. According to the Scott specialized catalogue for US stamps and covers ...


Quote:
Very fine stamps may be slightly off center on one side, but the design will be well clear of the edge. The stamp will present a nice, balanced appearance.. Imperforate stamps will have three normal-sized margins. However, early issues of many countries may be printed in such a way that the perforations may touch the design on one or more sides. Where this is the case, a boxed note will be found defining the centering and margins of the stamps being valued. Used stamps will have light or otherwise neat cancellations. This is the grade used to establish Scott catalogue values.


Unless otherwise stated, all stamps that grade less than very fine will be worth less than the listed catalogue value!

Now that I have that out of the way, here's my comments on your stamp.

US J78, $5 Postage due. Catalogue value .25 for all color varieties in sound condition with a grade of VF.

- Your stamp grades in fine condition (centering) due to the perforations on the right just touching the margin. This will reduce value by at least half.

- The pulled perfs is considered damage to the stamp (condition). This will reduce the value further.

Unfortunately, you have a common space-filler (philatelists often call damaged stamps "fillers"), but don't let that discourage you!

Now that you have a basic understanding of grading a stamp, you should be able to apply this to other stamps in your collection.

My question to you is: Do you have a Scott specialized catalogue for US stamps?

Brian
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Pillar Of The Community
United States
2544 Posts
Posted 01/17/2012   12:41 pm  Show Profile Bookmark this reply Add chasa to your friends list  Get a Link to this Reply
Another negative factor is the overall aging, yellowish tint of the paper.
The "value" is somewhat south of 10 cents.
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Bedrock Of The Community
United States
12128 Posts
Posted 01/17/2012   12:47 pm  Show Profile Bookmark this reply Add wt1 to your friends list  Get a Link to this Reply
While I have to agree with the previous posts related to condition, I would just point out that the Scott Catalog currently lists that J78 stamp in VF condition at 35 cents (up from 25 cents).

But once again, when considering the condition issues of the stamp shown, the suggestion that it is probably worth less than 10 cents is still valid.
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Valued Member
United States
31 Posts
Posted 01/17/2012   12:55 pm  Show Profile Bookmark this reply Add biged239 to your friends list  Get a Link to this Reply
Thanks for the quick response. No I have to ordered one. Great information. I will take each grain of knowledge and use it wisely. I am new to collecting stamps. I am not new to collecting. I have been in coins for a couple of years. I also collect antique fishing lures. So I no what you mean about the grade is subjective. This was a great first thread.
Thanks Big Ed
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Pillar Of The Community
Canada
2277 Posts
Posted 01/17/2012   2:11 pm  Show Profile Bookmark this reply Add nitrolures to your friends list  Get a Link to this Reply
Big Ed -- Welcome aboard. Also a fishing nut as my avatar shows and mixing stamps and tackle is an interesting combo. Only problem is you can't exagerate as much with stamps as fish. Have about 20 or so very unique wooden helin flatfish from when I worked there many years ago.
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Valued Member
United States
31 Posts
Posted 01/17/2012   2:50 pm  Show Profile Bookmark this reply Add biged239 to your friends list  Get a Link to this Reply
nitrolures hello. I see you are in Canada. I am in Florida. Naples. Big fishing down here. This stamp bugs got me by the tail right now, and I am having a ball.
Thanks Big Ed
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