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#1502A Error - 15c Progress In Electronics

 
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Rest in Peace

United States
82 Posts
Posted 05/03/2015   5:58 pm  Show Profile Bookmark this topic Add wbrob to your friends list Get a Link to this Message
Could anyone please provide a selling price for this stamp in a major auction during the last couple of years?
Or a sale on ebay?
I have not found one.
thank you
Bill
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Moderator
1589 Posts
Posted 05/03/2015   9:01 pm  Show Profile Bookmark this reply Add blcjr to your friends list  Get a Link to this Reply
I cannot find anything in the "past couple of years." Unless December 2012 qualifies:

http://stampauctionnetwork.com/v/v63341.cfm

According to the auction site Scott CV at the time was $1000, and it sold for $450. In 2015 Scott dropped the CV to 900.

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Valued Member
United States
466 Posts
Posted 05/03/2015   9:24 pm  Show Profile Bookmark this reply Add Crouse27 to your friends list  Get a Link to this Reply
And the stamp blcjr posted link to was centered just fine, so the $450 without buyers premium was very strong and in line with $1000 value for a VF stamp.

Did you find one of the fifty?
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Rest in Peace
United States
82 Posts
Posted 05/04/2015   1:23 pm  Show Profile Bookmark this reply Add wbrob to your friends list  Get a Link to this Reply
Blcjr -
thanks, just what I needed to know. I didn't search Kelleher. The stamp I have is centered almost exactly the same.
Surprised that no others have appeared in major sales in three years.

Crouse -
yes, I purchased it and the centering is virtually the same. If I can find at least one other in an earlier auction I can compare centering among the three.
Fine centering warrants a lower price but perhaps almost all of them are like that. I'll continue the search.

thanks to you both for responding to my question.
Bill
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Pillar Of The Community
United States
6756 Posts
Posted 05/05/2015   06:18 am  Show Profile Bookmark this reply Add khj to your friends list  Get a Link to this Reply
The Kelleher Auction listings have an annoying habit of saying "only 50 issued". It should say only 50 found, as the press sheet had 200 stamps (the other 150 have not been found).

All the black missing error stamps are very off-center toward the left and many are also moderately off-center toward the bottom, such as the one shown in the Kelleher Auction. There are copies with both horizontal and vertical centering slightly better, but not by much.

You can see examples of slightly better centering in a 2007 Shreves Auction http://stampauctionnetwork.com/f/95/853.jpg and also the Datz error catalog. The stamp in the 2007 Shreves Auction sold for $425 (not including commission).

I think you will find most modern US errors don't even come close to selling for the Scott catalog values, unless a dealer has the only find. But once the dealer starts selling off the supply, the competition comes in and the actual future selling prices tend to be a hefty drop-off from the Scott catalog prices -- although the drop-off is not as much for errors on commemorative stamps because those errors tend to have lower quantities found.
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Edited by khj - 05/05/2015 8:12 pm
Rest in Peace
United States
82 Posts
Posted 05/05/2015   7:41 pm  Show Profile Bookmark this reply Add wbrob to your friends list  Get a Link to this Reply
Thanks KHJ -
Very helpful that most have similar centering and that those most recent sales have been at prices as you noted. I noticed similar fractions of catalog value for other color-missing and major errors of the last several decades. Evidently the demand has approached the supply.
B
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United States
4079 Posts
Posted 05/06/2015   01:17 am  Show Profile Check eyeonwall's eBay Listings Bookmark this reply Add eyeonwall to your friends list  Get a Link to this Reply

Quote:
The Kelleher Auction listings have an annoying habit of saying "only 50 issued". It should say only 50 found


What it should say is 50 reported found as not all finds are reported and some under-report their finds.
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