Stamp Community Family of Web Sites
Thousands of stamps, consistently graded, competitively priced and hundreds of in-depth blog posts to read
Stamp Community Forum
 
Username:
Password:
Save Password
Forgot your Password?

Welcome Guest! Need help? Got a question? Inherit some stamps?
Our stamp forum is completely free! Register Now!

What Is Happening With The Price Of Modern (After 2016) US Stamps?

Previous Page | Next Page    
 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 55 / Views: 3,988Next Topic
Page: of 4
Pillar Of The Community
Learn More...
8511 Posts
Posted 04/27/2022   08:12 am  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
Thanks for bumping this thread Rod. Really interesting to see how well previous comments age. Inflation in the States is insane.

Stamps remain strong. Perhaps there is a large divide between people that have no extra money for hobbies and those that do.

Next step = recession

People should prepare as best they can.
Send note to Staff  Go to Top of Page
Bedrock Of The Community
Australia
35846 Posts
Posted 04/27/2022   08:26 am  Show Profile Bookmark this reply Add rod222 to your friends list  Get a Link to this Reply
Rog,
I owned a house, and 4 home units in 1987
That's 5 mortgages, and the Interest rate was 17% Australia.
I survived, just, and my hair greyed.

I am well prepared for this one.

Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
676 Posts
Posted 04/27/2022   10:48 am  Show Profile Bookmark this reply Add DJCMHOH to your friends list  Get a Link to this Reply
The main cause is that supplies are thin for most 21st century issues from most countries, since very few dealers kept any back stock when they came out as new issues. All it takes is a small increase in demand to cause prices to rise.

It's true that many collectors got burned by the new issue hype in the 1970s and 1980s, and those issues are still easy to find by the cart load. But 21st century issues were not bought in bulk by collectors or dealers (face values made that practice of earlier decades unfeasible), so any collector who wants specific issues will find them selling at a higher percent above face than for issues before the mid-1990s.

I thankfully am almost complete for USA post-2000 issues, up to the end of 2021, and plan to keep up to date going forward for the foreseeable future.
Send note to Staff  Go to Top of Page
APS #173088
Edited by DJCMHOH - 04/27/2022 10:49 am
Valued Member
United States
461 Posts
Posted 04/27/2022   7:29 pm  Show Profile Bookmark this reply Add Cephus to your friends list  Get a Link to this Reply
It's a supply and demand problem. With the pandemic, more people picked up stamp collecting or returned to it, thus there are more people out there looking to buy stamps and that always causes prices to rise. Add to that the fact that we seem to have a lot of people out there wanting to dump stamps on the market for as much as they can and it's not surprising to find stamps of all kinds, modern or not, marked at higher than normal prices. That doesn't necessarily mean they're actually selling at that rate, only that's what's being asked. The fact that the government is just throwing money at people for no good reason at all (I could tell you stories about that) also means that people have more money to spend on non-essential things.

It'll eventually equalize when things get back to normal.
Send note to Staff  Go to Top of Page
Pillar Of The Community
Learn More...
8511 Posts
Posted 04/27/2022   8:25 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply

Quote:
That doesn't necessarily mean they're actually selling at that rate, only that's what's being asked.


I am not so sure about that after watching auctions over the past year or two as well as eBay singles sales of stamps I follow. Prices remain high for sold material. Take a look at the just concluded Schuyler Rumsey Westpex Sale collection realizations. Many times high estimate for the vast majority. I give up buying Russian singles on eBay now and just buy from Loral at full retail. It is crazy.

As far as government payments go I don't see the relatively small, but huge in aggregate, stimulus payments doing much for collectibles. PPP money is another story entirely and that was a spending porn extravaganza. I know people that received PPP cash that left my jaw on the floor.
Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
2984 Posts
Posted 04/27/2022   11:04 pm  Show Profile Check eyeonwall's eBay Listings Bookmark this reply Add eyeonwall to your friends list  Get a Link to this Reply
"As far as government payments go I don't see the relatively small, but huge in aggregate, stimulus payments doing much for collectibles".

Disagree. A large % of collectors are retired (no job income that needed replacing) and it provided extra income - while it is largely spent by now, it got things started and once inflation gets rolling it is hard to slow down.

"I know people that received PPP cash that left my jaw on the floor."

I know someone in the stamp bisiness that got one and absolurtely didn't deserve it.
Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
2984 Posts
Posted 04/27/2022   11:06 pm  Show Profile Check eyeonwall's eBay Listings Bookmark this reply Add eyeonwall to your friends list  Get a Link to this Reply
"If inflation rises, then disposable income should see
prices of non discretionary items, fall."

People with more limited money will pull back, but people with more money tend to invest in hard assets rather than hold cash.
Send note to Staff  Go to Top of Page
Pillar Of The Community
Learn More...
8511 Posts
Posted 04/28/2022   07:45 am  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
Virtually every larger auction house on SAN as well as the SAN parent company received PPP "loans" that were forgiven.

https://projects.propublica.org/cor...us/bailouts/
Send note to Staff  Go to Top of Page
Bedrock Of The Community
Australia
35846 Posts
Posted 04/29/2022   9:58 pm  Show Profile Bookmark this reply Add rod222 to your friends list  Get a Link to this Reply

Current Australia
Building a house, slab laid 18 months ago...no progress since

5 years ago, to build a house approx 75c to lay a brick
2022 Price is $3.50 (366% price rise)

No wonder I cannot find anyone to build my shed.

did pay $3 again today for a lettuce
so prices are widely fluctuating
I am keeping an eye on prices, not fluctuated much in 6 years
still spending on average $10 a day on food. (over 6 years receipts)
https://www.abc.net.au/news/2022-04...ry/101022654

Send note to Staff  Go to Top of Page
Valued Member
Romania
495 Posts
Posted 04/30/2022   04:51 am  Show Profile Bookmark this reply Add cupram to your friends list  Get a Link to this Reply
In Romania I can buy complete series at the nominal price (some even 6-7 years ago).
I find them for sale on various sites with a price higher than 1.5 - 2 times.
It is a general rule for recent stamps in Europe.
They are series with a small number of printed stamps and I suspect that dealers anticipate the increase of their value in catalogs in the future.
I made a proposal on another site to exchange recent Romanian stamps with recent German stamps but I did not find amateurs (equivalent to the nominal price - + 3 Euro postal package transport in Romania)
Send note to Staff  Go to Top of Page
Valued Member
United States
461 Posts
Posted 04/30/2022   1:31 pm  Show Profile Bookmark this reply Add Cephus to your friends list  Get a Link to this Reply

Quote:
In Romania I can buy complete series at the nominal price (some even 6-7 years ago).


Whereas it is really hard to find modern foreign stamps in the U.S. from any dealers at all. I don't care where you look, Hipstamp, Delcampe, APS, eBay, pretty much once you get past 2005-2009, any country that we collect, you can't find a thing. There are very few exceptions of course, for stamps aimed at the non-philatelic market, but for your standard definitive issues and the like, zero. You can't even go to their post offices because most won't sell stamps to foreign buyers.
Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
7239 Posts
Posted 04/30/2022   4:53 pm  Show Profile Bookmark this reply Add bookbndrbob to your friends list  Get a Link to this Reply
With the higher face values, proliferation of new issues, and uncertainty of collectibility, I don't see how one could expect dealers to hold much recent stock.
Send note to Staff  Go to Top of Page
Valued Member
United States
461 Posts
Posted 04/30/2022   7:29 pm  Show Profile Bookmark this reply Add Cephus to your friends list  Get a Link to this Reply
Then what's the point of pushing people to collect stamps these days if anything moderately recent isn't available? That's usually where most young people start with stamp collecting. They get the stamps they get in the mail (which most people don't even receive anymore) and then they start filling in holes. And people wonder why the hobby is in trouble?
Send note to Staff  Go to Top of Page
Moderator
Learn More...
United States
10625 Posts
Posted 04/30/2022   8:21 pm  Show Profile Check 51studebaker's eBay Listings Bookmark this reply Add 51studebaker to your friends list  Get a Link to this Reply
I do not understand the use of 'young people' demographic was a health indictor for the hobby. Nor do I understand the use of 'prices' as a health indicator. Both seem to be metrics which have a loose relationship to the hobby's health but are far from being definitive indicators. I do not see a strong connection to modern stamps or that modern stamps somehow can develop a young class of new collectors today. I would agree that new modern issues can catch the interest of a small percentage of young people, but I view these as seeds that will only bear fruit 35-40 years down the road. Very, very few will take up collecting as a lifelong passion and I think this has always been the case.

The 1930s were the heyday of tropical fishing keeping; its popularity also extended to young folks. In many ways it was a 'fad' which was driven by a new availability of supplies and fish and the lure of setting up a small watery environment with exotic fish and plants that were not previously seen. It has not seen a similar period of interest since the 1930s but the aquarium hobby is still in full swing 100 years later.

Likewise philately had a heyday period with many young collectors decades ago. But the overwhelming majority of people who enter the hobby today are 45-60 and they are doing it online. Folks who declare the hobby is not healthy seem to ignore the online aspects of the hobby and I have never seen anyone account for it in their 'the hobby is not healthy' opinion.

My local stamp club is going strong and is quite healthy. Online sites like this one and many others are also quite healthy and continue to see much traffic, growth, and usage.
Don
Send note to Staff  Go to Top of Page
Pillar Of The Community
Learn More...
United States
3436 Posts
Posted 05/01/2022   07:42 am  Show Profile Bookmark this reply Add angore to your friends list  Get a Link to this Reply
Given the new members to APS are mostly older, I would expect that the market is likely older financially stable or retired individuals doing most of the buying. They have more disposable income.

With fewer stamp stores. purchases are being done online so more visible. We have seen auction prices for collections going up for some time on some material so not just a recent event. For all my life, I never met many stamp collectors outside a club or show and even then I was an off and on collector until later.

If one looks at dealer buy ads for modern, I see see prices below face for most items. Some issues have a cross-hobby appeal and USPS caters to them (Marvel comics, etc).

Send note to Staff  Go to Top of Page
Al
Edited by angore - 05/01/2022 07:47 am
Page: of 4 Previous TopicReplies: 55 / Views: 3,988Next Topic  
Previous Page | Next Page
 
To participate in the forum you must log in or register.


Go to Top of Page
Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Stamp Community assumes no liability for errors. Copyright 2005 - 2022 Stamp Community Family - All rights reserved worldwide. Use of any images or content on this website without prior written permission of Stamp Community or the original lender is strictly prohibited.
Privacy Policy / Terms of Use    Advertise Here
Stamp Community Forum © 2007 - 2022 Stamp Community Forums
It took 0.25 seconds to lick this stamp. Powered By: Snitz Forums 2000 Version 3.4.05