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Counterfeit Forever Stamps

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Author Replies: 201 / Views: 33,705Next Topic
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Pillar Of The Community
United States
6440 Posts
Posted Yesterday   9:24 pm  Show Profile Check revenuecollector's eBay Listings Bookmark this reply Add revenuecollector to your friends list  Get a Link to this Reply
I think the point is that it would be one thing if these were fixed price listings offered at 25% of face. Auctions are a completely different dynamic, and a seller's minimum bid setting cannot be interpreted as being somehow indicative of the source or legitimacy of the material.

Regular auction sellers with large followings routinely start items at 99 cents regardless of value. It has no bearing on the items themselves.
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Pillar Of The Community
United States
4326 Posts
Posted Yesterday   9:42 pm  Show Profile Bookmark this reply Add Parcelpostguy to your friends list  Get a Link to this Reply
A question to answer is this, what is the current bulk wholesale percentage of face for forever stamps in your area? Getting 25-30% of face, in cash is considered a win here.
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Pillar Of The Community
United States
914 Posts
Posted Yesterday   9:53 pm  Show Profile Bookmark this reply Add alub to your friends list  Get a Link to this Reply
I'm having a hard time believing the story behind ebay dealer after ebay dealer who somehow has large quantities of current Forever stamps that they're happy to sell for about 25% below face value. I can understand an occasional estate sale or business liquidation, but that doesn't explain seller after seller with what appears to be an unlimited inventory of current stamps at virtually the same discount. Unless there's a legitimate wholesale source that I'm unaware of, the economics simply don't add up. How can so many sellers repeatedly acquire genuine stamps at prices low enough to make money while selling them for only 75% of face value? That pattern makes me skeptical that these are all legitimate stamps.
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Bedrock Of The Community
United States
10646 Posts
Posted Yesterday   10:06 pm  Show Profile Bookmark this reply Add revcollector to your friends list  Get a Link to this Reply
I am sure that some are not. But saying all are bad is not a good idea; proof is still required in each case. Since we can't do that, we have to just have to wonder which are which.
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Valued Member
United States
37 Posts
Posted Yesterday   11:49 pm  Show Profile Bookmark this reply Add StampSlacker to your friends list  Get a Link to this Reply
Here's another one of these suspect sellers. It's an offer, not an auction, for $600+ face for $200, or $169 each if you buy four or more of the lots. It says they have sold 12 and have 10 more available. They are mostly Forever stamps with some older denominated stamps sprinkled in. If you do the math, they are selling these stamps for between 33% to 28% of face. The 22 lots in this one listing total over $13,000 face, mainly in Forever stamps. This same seller has numerous other lots for sale that are similar to this one. It looks like they have sold untold $1000s of face value in the last 6 months. Two buyers have said they received counterfeit stamps which the seller of course denies since they always UV test them.
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Valued Member
United States
179 Posts
Posted Today  31 Min ago  Show Profile Check Uknjay's eBay Listings Bookmark this reply Add Uknjay to your friends list  Get a Link to this Reply
I have seen several listing or buy it now listing on ebay which I think are counterfeits. I can not see anyone selling stamps at such a large discount. Especially when they are forever stamps. I have also seen high demomination stamps in sheets of four being sold at a steep discount. Those or being offered out of the United Kingdom on ebay. They are most assuredly counterfeit. Has anyone other than myself seen these listings if so what is your thoughts.
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