Help Needed On Used 606A Line Pair

It may be worth noting that it's all supply and demand that drives price. There may, in your case, be little supply but no demand. Still something to be proud of. Plus if some big-shot wants a one-of-a-kind showpiece then if it's advertised at the right auction and the right person (hopefully 2 or more) then there is your payday as it were; but then you must take into consideration the advertising fees and auction dues and certification cost...yadda-yadda-yadda...and you end up with- you was better off just keeping it to begin with, because most likely everyone else will profit from your stamp except you. Good luck though.

Please take into consideration that this particular pair used might not actually be rare or scarce. Read page 17A in Scott's specialized (Mine is 2009 so page number may vary. See Scott numbering practices and special notices / understanding valuing notations) it states "The absence of a value does not necessarily suggest that a Stamp is scarce or rare. In the U.S. listings, a dash in the value column means that the Stamp is lacking or insufficient for purposes of establishing a usable catalog value."

The 606A does not have a dash next to it so the way I read it is that the 606A is only valuable as never hinged. It is not valued hinged either.

When there is no Scott catalog price and no dash, that means it either does not exist in that condition, or Scott has not gotten around to analyzing a price. When there is a dash, it means Scott acknowledges it exists in that condition, but does not have sufficient information to provide a catalog price. As Stallzer and others have pointed out, does not necessarily mean rare nor high premium item.

In this case, I would think it is rare in terms of number known to exist, but the demand is not necessarily there. I think the auction house gave you a frank answer given the type of item (line pair). Just my non-expert opinion. Some who don't collect line pairs may not understand, and it's reasonable to be puzzled by the auction house's reply.

You can always look for another major auction house and see if they think they can do better. Auction houses do differ slightly in their specialties and clientele.

I think a lot of people are not seeing this in the right light...this is a 'used' 606a lp and if you can find me a single certified sold copy...I would be ecstatic... and as far as $25,000 goes, I was thinking about this whole thing and I rushed to my pc to end the auction before someone took it for the $25,000. There are many more inverted jenny's than that and look how much they bring...now I know that those are famous and blah blah but when you get down to it, this looks like it is rarer than an inverted jenny but no one is sure of anything. Also, I cant find a used single much less a joint line pair. I have to eat

...and as for breaking it up, I would think that you would get more from 2 individuals for singles than you would for one as a pair. The pair is worth more but IF it is that rare then the total would be higher...my thought anyway...

Hi Chasa, I think that this type of piece would sell for a very low amount on ebay without enough of the right people knowing about it...Example, I sold a lot of glass pocket watch crystals to a dealer for $11,000 but before that I used that same reserve trick and it was only bid up to $800, yes hundred and if a dealer paid that much then you know they were likely worth more. I think that was the same sort of situation because you need the people with the money knowing about these things, otherwise the regular folks are going to take it for short money.

I also know that life is not always fair...ie.I had a 121a which had about 75 known copies and had a CV of about $12,500 and after about 6 months trying to sell it I settled for $1500 approx. and one persons theory was that because it was an error and there was not a slot for it in the collectors books they didnt really care about it. So while I am comparing this pair to a jenny (or even better) I am fully aware that I will likely not get that kind of money (I am hoping like hell though)..!

Wow Khj, I wasnt aware of that (I am responding to these responses one at a time by the way) thats funny, I think I just said exactly what you are saying and while I was eating I told my wife that without people knowing about this...well I mentioned that here also.

Thats just as funny, a couple hours ago I started doing that with Scotts

and as for the profit causing me undue stress...my father died very quickly (3 months after diagnosis with lymphoma) and my job with the family business I have had since I was 16 was suddenly gone and basically as of tomorrow I owe 2 months mortgage so unfortunately it is causing me a lot of stress and the thought of no one being able to produce so much as a single and there being quite a few "jennys" around that command 1/4 of a million, I have to say that I am very annoyed but like I said earlier I already know life is not fair. That fact is going to straight out p--- me off.
To think that I didnt get so much as an offer in the 3 or 4 days it was listed....................Come on, at least give me 75k? truth is I may be lucky to get $7500 and that is ...well I was going to say something else but it is just not right

Hi Stallzer, I understand that but the fact that a gang of enthusiasts that have likely searched everywhere and havent found me a copy yet does prove that it is scarce...no?

Hi Wadmalatz, I agree, that is why I took it off ebay, even with the $25,000 price tag. I am sure most of you would agree that even 25k is too low but as I said no one even offered anything and again because the right people dont know about it which has also been mentioned.
In spite of my need for cash I am going to take a beating if I dont wait...
a few weeks ago I bought a diamond for 2k which was worth $3500 all day long but because I needed to sell it suddenly about 5 days later I had to settle for my money back...the buyer told me after a GIA cert he will get more like $4500

plus that $25k ebay price was before I knew what I know now...I never expected to get 25k, I just wanted to cover myself just in case but the just in case got bigger than I expected...

Again, scarce and valuable are not always synonymous. If you split the pair then it is no longer a line pair, check ebay for 606A singles used and you'll see that they aren't even selling for $20. The only chance you have of keeping whatever value the pair holds is keeping the line pair together. I collect Washington / Franklin line pairs and after being outbid more time than I'd like to remember, I can tell you that W/F line pairs are hot sellers.

https://goscf.com/t/23672&SearchTerms=line,pairs

With all due respect, I'm far from sure that is true.

I only say that because I'm taking your motivations at face value. I'd hate to see you pass up a legitimately good offer for whatever this particular piece might bring, on the odd chance that it might be a lottery ticket.

If you are serious about monetizing this, I can't see how you can do anything but try to place it in an upcoming auction with a recognized house. Auctions have long been the method for selling less common material because you have no other reliable method for determining actual worth of a given item that doesn't have a ready market.

My pre-auction estimate of this item is rather lower than yours, but you can't know for sure without a serious test of the market. I hope you are right.