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When To Have A Stamp Graded/Certified?

 
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Posted 09/23/2009   8:39 pm  Show Profile Bookmark this topic Add awmartin to your friends list Get a Link to this Message
I am a newcomer to stamp collecting, and am wondering when one should have his/her stamp graded/certified for resale purposes.

I have an unhinged 1894 #258 Daniel Webster 10 cent stamp.



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Edited by awmartin - 09/23/2009 9:44 pm

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Posted 09/23/2009   9:09 pm  Show Profile Bookmark this reply Add khj to your friends list  Get a Link to this Reply
I assume you mean #258. You ask a very very good question, especially with the recent numerical grading fad.

It's a nice stamp. But quite frankly, it is not centered well-enough for this particular issue to warrant numerical grading; the grading would unlikely improve the sales price of this stamp to the extent of recovering the cost of the grading.

The general rule I would suggest is that the stamp have a catalog value of >$100, would normally be classified as XF or better, and has at most trivial flaws. As I mentioned in another thread, VF stamps are not hard to come by, and Scott catalog prices are for VF examples.

A few exceptions...
-- if there is a question about authenticity (e.g., in your example, to show it is truly MNH and not regummed), then you want the certification
-- for items >$1000, you might want to consider getting VF graded, just to try to push it close to catalog value; in this range, the cost of grading is small relative to the sales value

The stamp you showed, even though this issue is known for poor centering, would still only be considered Average (AVG) centering. You would really need this stamp to clear all perfs with room to spare, before considering submitting for numerical grading. My opinion.

Nice stamp to have, thanks for posting the pic!

k
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Edited by khj - 09/23/2009 9:12 pm
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Posted 09/23/2009   9:17 pm  Show Profile Bookmark this reply Add nr-notrare to your friends list  Get a Link to this Reply
Hello awmartin......

Welcome to the club.

Grading and certifying are two very separate things......grading is a statement concerning centering , only.

Certifying is a statement concerning accurate identification, and possibly a comment of condition.

When should either of these options be utilized ??.........all options are yours to determine.

I think your #258 could (not necessarily will, but could) benefit from being certified but in my opinion, it's not worth having it graded.

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Posted 09/23/2009   9:20 pm  Show Profile Bookmark this reply Add nr-notrare to your friends list  Get a Link to this Reply
Khj.....

.......tape your fingers together so the rest of us have a chance of beating you to the post.
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Posted 09/23/2009   10:00 pm  Show Profile Bookmark this reply Add khj to your friends list  Get a Link to this Reply
Tom, thanks for clarifying the difference between grading and certification. I didn't make that clear when I typed the exception for questions of authenticity.


Quote:
.......tape your fingers together so the rest of us have a chance of beating you to the post.

It's getting hard to type with my nose. Especially capital letters! Glad someone invented the Caps Lock button!

k
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