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Right Side Up Jenny: Keep Or Sell?

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5460 Posts
Posted 02/14/2014   11:11 pm  Show Profile Bookmark this reply Add redwoodrandy to your friends list  Get a Link to this Reply
If he paid 25K and sells for 75K a 50K profit.

If he paid 25K and sells for 15K per stamp a 65K profit.
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Edited by redwoodrandy - 02/14/2014 11:18 pm
Valued Member
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152 Posts
Posted 02/16/2014   02:52 am  Show Profile Bookmark this reply Add fimpster to your friends list  Get a Link to this Reply
I'd keep it.

I have been buying them and using for postage on my ebay auctions.
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United States
219 Posts
Posted 02/19/2014   09:47 am  Show Profile Bookmark this reply Add stampCat7 to your friends list  Get a Link to this Reply
I have purchased about 12 panes so far at different locations. So far no rare pane and I am using the stamps on postage.
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206 Posts
Posted 02/20/2014   1:02 pm  Show Profile Check philatomic's eBay Listings Bookmark this reply Add philatomic to your friends list  Get a Link to this Reply
According to the Linn's article (2/17 issue), Ross Wiessmann did not buy his pane for $25K. He purchased 300 panes from various post offices and hit the jackpot.

In the same article, Linn's reports that 10 of the 100 panes have been reported.
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Posted 02/20/2014   1:43 pm  Show Profile Bookmark this reply Add TheArtfulHinger to your friends list  Get a Link to this Reply
This would be one of the easiest decisions of my life. I'd be on the phone to a dealer within minutes of opening the package and seeing the upright plane. I could fix a few things around the house and still put a good dent in my want list.
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Posted 02/20/2014   2:17 pm  Show Profile Bookmark this reply Add redwoodrandy to your friends list  Get a Link to this Reply
300 panes x $12 = $3600

$75k - $3600 = $71,400 profit

6@$15,000/stamp = $90,000- $3600 = $86,400 profit
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Posted 02/20/2014   2:37 pm  Show Profile Bookmark this reply Add jhlovell to your friends list  Get a Link to this Reply
I would save it with the rest of my collection for one of my grandchildren to make a tidy profit with.
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Posted 02/20/2014   2:41 pm  Show Profile Bookmark this reply Add JLLebbert to your friends list  Get a Link to this Reply
For $25K, I would have to sell. Primarily because I think that both the buy & sell prices will drop significantly over time. Sell now ... if I find I really want it at a later date, I could probably buy it back for considerably less.
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Posted 02/20/2014   5:28 pm  Show Profile Bookmark this reply Add Unhinged to your friends list  Get a Link to this Reply
Although I would hold, I do believe that prices will eventually stabilise, maybe 10-15K. It will also depend on how many of these sheets phone home and which remain stealth. We'll never know the answer to that.
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Rest in Peace
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7097 Posts
Posted 02/20/2014   5:53 pm  Show Profile Bookmark this reply Add I_Love_Stamps to your friends list  Get a Link to this Reply
SELL!! I don't enjoy self adhesives AND I could use the money!
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