40% wow. I have paid as high as 60% that was for 1960-1980 sheets. I feel bad to pay anything less then 50%. Since I make a good profit on them of I resell them. For example 1c 1967 sheet paid 60 cents sold for $12. Thats 20x the mark-up. Why are the stamp dealers not making more money. People are very unhappy when I tell them their stamps are less then face. And that $2000 Hingless Linder album is only worth $200 at the most. I notice Vance Auctions, Eastern Auctions getting very good prices for example specific series of stamps. That I paid 1/10th of. But then again lotting + overhead +everything else. Like advertising is expense. So people want these prices. But I show them the Maresh or another one. For example Modern stamps auctions I use as a price compare. I offer more then they would get most times. For example I have had offers on my stamps from both Eastern and Vance. And it was less then what I paid the person for his collection by about 20-30%. But right now there are more sellers then buyers and its getting much worse. Interesting that Maresh auction price was 36%+buyers +tax. So the seller got 28-29% of FV. So 40% would have been a better deal for them. In my 2002 Scotts City stamp was offering up to 70% of FV. Now in 2014 Unitrade its up to 50%. I just sold a bunch of Plate blocks to a large dealer for 70% of face. And the other sheets at 3x FV. I am seeing NZ and Australia FV at less then 20% in Auction and on
ebay. I was thinking of posting an ad in the Newspaper to be offering to buy postage at 50%. Has anyone done this.
joe
Posted 12/15/2013 09:50 am
