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Pen Cancels And Catalog Value

 
 
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Posted 07/10/2019   12:45 am  Show Profile Bookmark this topic Add Boulderite to your friends list Get a Link to this Message
I came across some stamps in a collection I purchased. One has a catalog value of more than $1,000. On the back the owner wrote $1 for the value. The stamp was pen cancelled. Do pen cancels reduce a stamp value that much?
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Posted 07/10/2019   01:02 am  Show Profile Check docgfd's eBay Listings Bookmark this reply Add docgfd to your friends list  Get a Link to this Reply
How much value drops due to pen cancels is highly subjective, but in no way do I see a drop that great. Are you sure you're not looking at a catalogue number? Are there faults?
Pen cancels come anywhere from unobtrusive to total obliteration. Some can be 'artsy-looking.' There's a lot of variables. A scan of your stamp would be most helpful...
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Posted 07/10/2019   02:54 am  Show Profile Bookmark this reply Add Sorsh to your friends list  Get a Link to this Reply
on some stamps a pen cancel is mandatory, on some it has to have both pen and ink cancel.

in most cases the value increase, and some catalogues carry prices for both - like facit.

on danish bi colored, there were privately carried post routes, on these routes (before minor postoffices were created) all the mail man had was a pen. stamps were cancelled with a pen with mail man's name and date - these stamps are very popular and very expensive.

in your cases, I think you just found the wrong catalogue number, and the previous owner is correct.
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Posted 07/10/2019   09:32 am  Show Profile Bookmark this reply Add Petert4522 to your friends list  Get a Link to this Reply
It would be nice if we could see the stamp ?

Peter
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Posted 07/10/2019   10:23 am  Show Profile Bookmark this reply Add warrehouse to your friends list  Get a Link to this Reply
Early on, pen cancels in the USA were also used for precanceling stamp.
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Posted 07/10/2019   11:23 am  Show Profile Bookmark this reply Add stallzer to your friends list  Get a Link to this Reply
Or they could be fiscal cancels. Great Britain for example used the same stamps for both postage and revenue.
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Posted 07/10/2019   11:31 am  Show Profile Bookmark this reply Add m and m to your friends list  Get a Link to this Reply
without seeing the item or items in question it is not possible to give a blanket, one size fits all answer.
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Posted 07/10/2019   11:41 am  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
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Posted 07/10/2019   2:13 pm  Show Profile Bookmark this reply Add codehappy to your friends list  Get a Link to this Reply

Quote:
One has a catalog value of more than $1,000. On the back the owner wrote $1 for the value. The stamp was pen cancelled. Do pen cancels reduce a stamp value that much?


In some cases, yes. If it's a fiscal use of a high-value British Empire stamp, for example, it certainly can. There are a lot of pound-value issues that are only valuable either mint or postally used; the vast majority were used as revenue stamps, and are common as such.

In the particular case of your stamp? Well, you didn't tell us what you have.
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Posted 07/13/2019   12:30 pm  Show Profile Bookmark this reply Add Boulderite to your friends list  Get a Link to this Reply
Thanks for the responses. I did find my answer in an old post. The pen cancels are on Germany stamps 12 and 13 and someone wrote in a forum that those are worth 150 and 525 dollars.
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United Kingdom
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Posted 07/14/2019   04:43 am  Show Profile Bookmark this reply Add steevh to your friends list  Get a Link to this Reply

Quote:
Thanks for the responses. I did find my answer in an old post. The pen cancels are on Germany stamps 12 and 13 and someone wrote in a forum that those are worth 150 and 525 dollars.


What catalogue? Most German collectors go by Michel.
But would this be Scott?
A picture would clear up any confusion.
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