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How To Sell Inverted Jenny

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Pillar Of The Community
2361 Posts
Posted 03/04/2013   2:38 pm  Show Profile Bookmark this reply Add doug2222 to your friends list  Get a Link to this Reply
I have the same book, and it's "provenance," not "providence." The latter comes from our Creator.
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Valued Member
United States
296 Posts
Posted 03/04/2013   2:39 pm  Show Profile Bookmark this reply Add Art Strohmeier to your friends list  Get a Link to this Reply
I'm reminded of the post referenced earlier.

https://goscf.com/t/8488
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Valued Member
United States
5 Posts
Posted 03/04/2013   2:45 pm  Show Profile Bookmark this reply Add Journey4Susan to your friends list  Get a Link to this Reply
Until my post, I really had no idea how rare this stamp is. I am helping a elder person who has quite a collection of stamps, among other things and is ready to consolidate some of the estate. Reading all these posts, I really hope it is real, but it sounds like the odds are definitely not in that favor, unless it is one of the known ones. I really don't know. Like I said, this person does not do anything Internet, but has always been honest and trustworthy. I know a heart will be broken if it is a counterfeit. I've seen the stamp and number on the back, but don't remember the number, but is sounds like a good forgery would have a number.I thank all the supporters and honesty and will follow through to this group as I find out more.
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Pillar Of The Community
USA
9748 Posts
Posted 03/04/2013   3:00 pm  Show Profile Bookmark this reply Add philb to your friends list  Get a Link to this Reply
I am a 1939 model !! I was not aware of Pearl Harbor..i remember the day Franklin Roosevelt died and all the people coming out of their houses..its a different world today !!
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APS 070059 Life Member International Society of Guatemala Collectors I.S.G.C. #853
Pillar Of The Community
Canada
2277 Posts
Posted 03/04/2013   3:11 pm  Show Profile Bookmark this reply Add nitrolures to your friends list  Get a Link to this Reply
I think its a great gesture trying to help the guy out and you came to the right place. As much as the odds are leaning in the wrong direction its possible and I would want to be part of the whole deal just to see how it goes. You will definatly need the right auction house who will likely ask for details and maybe high res scans but if it is legit they may just come to you rather than the other way around. Keep us posted as you go and I'm I bet he has some other gems if all pans out.
I did read that the extent of forgeries were great even to the point of surgical removal of the center on an angle to invert and replace so not to be detected.
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Pillar Of The Community
Canada
5821 Posts
Posted 03/04/2013   3:17 pm  Show Profile Bookmark this reply Add lithograving to your friends list  Get a Link to this Reply

Quote:
I did read that the extent of forgeries were great even to the point of surgical removal of the center on an angle to invert and replace so not to be detected.


Heh when I was a kid I used to try that with the Seaway stamp.
I fooled a few people some of the time but most people
none of the time.
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Pillar Of The Community
USA
9748 Posts
Posted 03/04/2013   3:19 pm  Show Profile Bookmark this reply Add philb to your friends list  Get a Link to this Reply
If I can be serious for a moment...what does CATALOG VALUE have to do with stamps like the inverted jenny...do the multi millionaires tell each other "look the stamp catalogs for this " ?
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APS 070059 Life Member International Society of Guatemala Collectors I.S.G.C. #853
Pillar Of The Community
United States
6756 Posts
Posted 03/04/2013   3:27 pm  Show Profile Bookmark this reply Add khj to your friends list  Get a Link to this Reply
I wouldn't be surprised if one or more of them chuckle and say: "I'm the one who caused the catalog value to increase from $XX,XXX to $XXX,XXX."

But seriously, yeah I would guess that catalog values don't mean much to buyers of those high end stamps. The big auction houses sure love to provide estimate sales values, though. I'm not sure the buyers of high end items really pay attention to that either. I mean, do they bother to check their bank account to see if they have enough money to cover the sum of the estimates? It's unlikely to be a problem.
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Bedrock Of The Community
United States
10590 Posts
Posted 03/04/2013   3:31 pm  Show Profile Bookmark this reply Add revcollector to your friends list  Get a Link to this Reply
Catalog value means something, but condition means everything. A Jenny might go anywhere from $150,000-$500,000 or possibly more if it happens to be one of the few really well centered examples and perfectly sound. It is true that there are only a few positions that are missing at this point, and two are from a block that was stolen decades ago and broken up (two have been recovered). On the other hand, position 13 was just sold a year or so back after not being seen for decades, so they do show up occasionally.
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Pillar Of The Community
United States
6756 Posts
Posted 03/04/2013   3:36 pm  Show Profile Bookmark this reply Add khj to your friends list  Get a Link to this Reply
That's true. Occasionally the buyer is "anonymous", so the public doesn't really know where the inverted Jenny went after it was sold.

They do pop up. We'll see (hopefully).

k
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Pillar Of The Community
719 Posts
Posted 03/04/2013   3:45 pm  Show Profile Bookmark this reply Add stamps101 to your friends list  Get a Link to this Reply
I just stuck mine in the mount upside down. Looks pretty cool like that and saved me a quarter-mill
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Pillar Of The Community
USA
9748 Posts
Posted 03/04/2013   4:05 pm  Show Profile Bookmark this reply Add philb to your friends list  Get a Link to this Reply
i was working in Manhatten when the poor devil that bought the yellow inverted Dag Hammarskold scott 1203...on hindsight he should have said nothing and put the sheet in his safe deposit box...what a stink they made about it...what did he do differently than the guy who purchased the inverted Jenny sheet ?
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APS 070059 Life Member International Society of Guatemala Collectors I.S.G.C. #853
Pillar Of The Community
United States
611 Posts
Posted 03/04/2013   4:05 pm  Show Profile Bookmark this reply Add 1847bill to your friends list  Get a Link to this Reply
I like that idea stamps101, if I could figure out photoshop I would at least make one to keep on the computer.
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Pillar Of The Community
USA
9748 Posts
Posted 03/04/2013   4:08 pm  Show Profile Bookmark this reply Add philb to your friends list  Get a Link to this Reply
i think I answered my own question...he went public with the publicity while the inverted Jenny guy took the money and ran !!
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APS 070059 Life Member International Society of Guatemala Collectors I.S.G.C. #853
Pillar Of The Community
1448 Posts
Posted 03/04/2013   4:14 pm  Show Profile Bookmark this reply Add Jkjblue to your friends list  Get a Link to this Reply

Quote:
.what did he do differently than the guy who purchased the inverted Jenny sheet ?


Robey was also not intimidated when the postal inspectors came to his house and demanded the inverted "Jenny" sheet.
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Classical era collecting with the Blues
http://bigblue1840-1940.blogspot.com/
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