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Pillar Of The Community
United States
1756 Posts |
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Case in point...
Let's say you have a valuable cover... the stamp is fairly rare and needs to have its watermark confirmed and certificated...
SCV for the canceled stamp is $360 for standalone, and $1200 on cover... (and) although there is no document inside of it, there exists a known history with regards to the addressee, (and), (hypothetically), (to the right buyer) it may have a potential value in excess of the $1200...
Let's say the watermark is confirmed, and everything is A.O.K. ... however, (albeit certificated) we now have a stamp hinged to its cover...
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After some discussion, I have been informed the following from a well-respected philatelic expert...
"Lifting any stamp from a cover, then reattaching it simply by hinging it in place is a long-accepted method which allows a stamp to be lifted for examination, then replaced by hinging. It does NOT affect the value of the item and the "on cover" price remains the same."
What would you do?
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| Edited by disi123 - 07/15/2014 12:29 am |
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Pillar Of The Community
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1096 Posts |
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disi123,
I am not clear on the "either or" of your two choices allowed. My actual choice is (1) AND (2). In other words, I would probably send the cover to be expertized (1) and would trust the lifting/opinion of the expert doing the certification (2).
And, yes, if I were planning to sell the cover, I would both have it lifted and certified. |
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Pillar Of The Community
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Pillar Of The Community
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To certify you will likely have to lift it. If all other clues point to a good chance that this is what you hope then yes and yes. Lift and certify. |
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Pillar Of The Community
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stampcrow... thank you for your reply...
What I'm trying to do is to get inside of a buyer's head...
First off... I'm a collector, not a seller... however, (if) I wind up selling this cover, I'm not going to do it myself, I'll send it to Siegel's more than likely should I make that decision...
If you were a buyer, would you consider buying an item like this (even with a cert) if the stamp was hinged to the cover and not adhered in its original condition?
I'm sure if a concensus were done on this issue the responses would be quite mixed... anywhere from "sure, why not" to "not in this lifetime"...
*That* is the dilemma... if I were laying out that kind of money (certed or not) I wouldn't want my stamp flopping on a hinge... I would want it in its original condition... |
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If the cancels are obviously tying this stamp to the cover, then yes I would buy it as a rare combo. |
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Rest in Peace
United States
7097 Posts |
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I would buy it as a rare combo...with a cert that is!
If I was you I would obtain a credible opinion on what the stamp is and then send it in to be both lifted and certed. |
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Pillar Of The Community
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Why wait on sending it to Siegel? If that is the destination for the cover, then send it to them now and follow their advice on how to market it, since they have a stake in it once they accept the consignment.
In the first place I think the cancel is clear enough, and that the numeral in question is a 5. If so, then you don't need to lift the stamp. In the second place, despite what the expert said, my observation is that when the auctioneer say6s the item has been lifted and replaced, it has a dampening effect on enthusiasm for the cover. Some well to do purists will say that they can wait for an unambiguous example, and the thin market just got thinner. If the "5" can be verified on its own, why risk it for the watermark?
The Siegel staff, probably Corey for this one, is well qualified to advise on the best course. |
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Essay... thank you kindly for your commentary...
As you've read in my other post I strongly believe it's a 5... it's nice to see there is somebody else whom validates the line of thinking (based upon the visual)... and not risk lifting the stamp. I too feel that the lifting process will be a detraction to the cover (and) its value...
I'm going to take your advice and contact Siegel...
Thanks again...
Randall |
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Pillar Of The Community
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I didn't know in this case that it could be verified without lifting. Sounds like sound advice from essayk! |
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stampcrow... the validation/verification in this particular case is more based upon the date of the CDS... versus the watermark of the stamp...
If the year is 1915 and (not) 1919 the stamp has to be a 461, as the 461 was the first 2cent2 perf 11 issued in late 1914 or early 1915... I'm at work right now without my Scott, so I'm approximating from memory... the 499 came a few years later.
Based upon all of the other factors considered, the cover is likely not faked with a 499... |
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| Edited by disi123 - 07/15/2014 3:56 pm |
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Rest in Peace
United States
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I am the expert quoted in the first post in this thread. To obtain the best price possible, this item needs a cert. While I too agree with you and essayk that the date probably *is* 1915 (in which case, it MUST be a 461 if it is perf 11 and the stamp originated on the cover), I still believe that because the "5" is poorly struck, any buyer is going to require a cert. before they plunk down any decent amount of money for it. And my guess is that is what Cory is going to tell you too. But by all means, you SHOULD contact him, but I also doubt that he will be interested in running the item at ALL if it's the only item you have to consign. #461 on cover is $1,200. in Scott. Even certified, to me, this is worth less than $500. and as such, would not be of interest as a stand-alone item (unless you have a prior relationship with the house where they know you've sold a goodly amount of material in the past, in which case, they would make an exception).
And by the way, as far as I know, only two expert services offer lifting of a stamp prior to expertizing and one of them (APEX) would require you to fully submit the item, regardless of whether it turns out to be a 461 or not. And I am not even certain they will even do it still, as the person who did it for many years no longer is very active due to eye problems. Therefore, your "lifting" options are few. |
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I find it difficult to believe that in a few years time there will not be sufficient new technology to test the stamp without lifting and without damage to the stamp. On that day the sale price of all lifted stamps will fall by at least 50%. Unless I desperately needed a sale now, I would not touch a lifter with a 6 foot bargepole.
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disi,
Send the cover to Bill. End of story.
I also agree that Siegel is a fantastic company, however...
a) Without a cert they won't entertain your item. If they didn't have this policy then they'd have to hire someone full time to explain to people that they don't actually have a rare stamp.
b) A single $4-500 cover won't be enough for a consignment to them if I am not mistaken. |
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Rest in Peace
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I must add that this post was very helpful to me. I always had wondered just how a lifted stamp from/on a cover was viewed by the general and advanced collectors- now I have a very good consensus from some very reputable people. Good to know! Thank you. |
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Rest in Peace
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Is their an image of this particular cover here or in another thread perhaps? I would really like to see it if you wouldn't mind? Just merely to "put a face to the name" so-to-speak. Just curiosity of what this cover looks like over all. Again, Thank you kindly! |
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