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Current Scott Value For Mint Wine Stamps Maybe A Bit "Off"?

 
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Posted 12/29/2018   7:22 pm  Show Profile Bookmark this topic Add James Drummond to your friends list Get a Link to this Message
One hundred mint copies of RE144 were offered on the 'bay recently, in the form of a complete pane.

The current Scott catalog value is $9.00 each.

The stamps sold for just over 53 cents each, or around 6 percent of the catalog value.

Maybe at least some of the values for some of the mint wine stamps need to be adjusted a bit?

Jim

https://www.ebay.com/itm/CKStamps-U...43663.l44720

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Posted 12/29/2018   8:04 pm  Show Profile Bookmark this reply Add revenuermd to your friends list  Get a Link to this Reply
I think all of the mint wine stamps that were disgorged by the National Postal Museum are very overvalued in Scott.

Give me a nicely vineyard cancelled wine stamp. Beats out a mint wine stamp any day for my collection.
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Ron Lesher
Edited by revenuermd - 12/29/2018 8:06 pm
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Posted 12/29/2018   9:25 pm  Show Profile Check eyeonwall's eBay Listings Bookmark this reply Add eyeonwall to your friends list  Get a Link to this Reply
I would agree many of them are still overvalued, but the Scott people don't seem to get it (or is it the people who feed them the info for this section as I think they rely a lot on certain dealers for the revenues)
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Posted 12/29/2018   9:28 pm  Show Profile Check revenuecollector's eBay Listings Bookmark this reply Add revenuecollector to your friends list  Get a Link to this Reply
Caveat: I am most definitely NOT a specialist in 20th century revenues; this is just my perspective as a shopper:

The sub-$100 catalog value mint wine stamps seem to be considerably overpriced in Scott, IMO. The ones in italics above $100 still seem to sell well and at good percentages; I don't think as many of those were sold at the NPM auctions (or at least have not made their way into the market in quantities sufficient to materially affect demand).
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Edited by revenuecollector - 12/29/2018 9:30 pm
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Posted 12/29/2018   10:27 pm  Show Profile Bookmark this reply Add StateRevs to your friends list  Get a Link to this Reply
I have been whining about this exact subject for quite a while.

For those of you who contribute to the Scott catalog and pricing - please make a point of highlighting these prices being out of whack.

Not sure if this seller is the winner from last month's auction, but one of the big name auctions had a large lot of full sheets of wine stamps. Total "cat value" was 10s of thousands if memory serves me.

Scott needs to be careful of prices when you can buy multiple sheets of a stamp in the BOB world. Simply little market for that much material! That said, get China or India interested in them and we can all retire!
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Posted 12/30/2018   10:33 am  Show Profile Bookmark this reply Add m and m to your friends list  Get a Link to this Reply
in the area of wine stamps I would think that any existing sheets will not be broken up as there is no strong demand for singles or multiples and no position pieces to encourage break up for economic return. for most bob material that exists in sheets or large multiples I think the foregoing is true.
as for pricing in scott's in general I think they do not reflect the true market conditions for most material, not only wines. for rare items auction pricing may be ok, but for the vast number of average items they reflect a starting point for bargaining.
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Posted 12/30/2018   10:55 am  Show Profile Check revenuecollector's eBay Listings Bookmark this reply Add revenuecollector to your friends list  Get a Link to this Reply

Quote:
as for pricing in scott's in general I think they do not reflect the true market conditions for most material, not only wines. for rare items auction pricing may be ok, but for the vast number of average items they reflect a starting point for bargaining.


Umm... Isn't that true of all catalogue values in all catalogues for all countries?
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Posted 12/30/2018   2:12 pm  Show Profile Bookmark this reply Add m and m to your friends list  Get a Link to this Reply
yes.
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Posted 12/30/2018   9:39 pm  Show Profile Check eyeonwall's eBay Listings Bookmark this reply Add eyeonwall to your friends list  Get a Link to this Reply
>The sub-$100 catalog value mint wine stamps seem to be considerably overpriced in Scott, IMO. The ones in italics above $100 still seem to sell well and at good percentages; I don't think as many of those were sold at the NPM auctions (or at least have not made their way into the market in quantities sufficient to materially affect demand)."

Its the sub $100 ones we are talking about. There are large quantities of many of them sloshing around the market. You don't see big batches of $100+ ones.
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Posted 12/31/2018   07:04 am  Show Profile Check 1typesetter's eBay Listings Bookmark this reply Add 1typesetter to your friends list  Get a Link to this Reply
IMO I thought that the NPM deaccessions should have been stamped Specimen or NPM or something to differentiate them from circulated wine stamps and that Scott should have had one price for the circulated stamps and one price for the "samples".
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Posted 12/31/2018   07:05 am  Show Profile Check revenuecollector's eBay Listings Bookmark this reply Add revenuecollector to your friends list  Get a Link to this Reply
That was initially proposed, but there was a backlash against it.
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