Re-Gummed Stamp Value?

How would you price a re-gummed stamp if you were to buy or sell it? Would you price it as a used stamp based on it's centering and eye value? Possibly as an unused stamp at 50% CAT.? Other?

Thanks


-IBFS

The Scott Catalog refers to regummed stamps thusly:

Interesting...How then does one affix an approximate value to this?


-IBFS

Personally, I don't think you can apply a hard and fast "rule" to valuing re-gummed stamps. In most cases, I would consider them used for the purposes of value. However, since re-gummed stamps are typically older stamps with higher catalog values, that standard may not apply in all cases. Of course, other conditions of the stamp (centering, perforations, etc.) may carry some weight in what one would value a stamp to be in a re-gummed state as compared to just a used stamp of the same type.

Today, you can look at auction sales and the like to determine what stamps of a given issue might be selling for but in the case of re-gummed stamps, there will always be those examples where there is nothing to compare it to.

As with most all stamps, the bottom line is the catalog value is meaningless; it comes down to what a buyer and seller can agree upon for a price at the point of sale, as long as the stamp is legitimately offered as "re-gummed".

I think this is the best way to go as well.

And congratulations on post number 10,000!


-IBFS

When cataloging collections or accumulations for resale, regummed stamps are cataloged at the "no gum" price where it is applicable. Stamps without a "no gum" option are cataloged at the regular price in the lot but any dealer will consider them to be worth 10% or less at retail unless they are scarce and have a high catalog value (at least several hundred dollars). Any stamp cataloging less than $2-$3 is just postage, and even some that catalog a bit more. No gum 614 and 615 for example, would almost certainly be considered as postage by most dealers.
They are never considered to be used unless proof of a cleaned cancel is evident.

Up to around Scott #200 or so (I'm not looking at a catalog) and for some higher value stamps after that too they list no gum catalog values. Memory says they are roughly around half the hinged price, but the % would be lower the more recent the stamp is.

No, it would be lower based on the more common the stamp is without gum.

The age of a stamp is never any indication of value except in the most general terms. There are dozens of more recent stamps more valuable than a 2 cent Columbian, which will be an inexpensive stamp for a very long time because of the enormous quantity issued.

wt1 Congratulations on 10,000 posts.

but more recent stamps are less likely to be found without gum, so more recent stamps without gum are generally going to be worth a lower % of gummed cat than older stamps without gum.