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!

Catalog Value Of Multiple Stamps On Cover

 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 8 / Views: 436Next Topic  
Valued Member
United States
138 Posts
Posted 01/17/2022   3:10 pm  Show Profile Bookmark this topic Add BreefmackUSA to your friends list Get a Link to this Message
I don't generally do covers, but I have a few including this one from Martinique to Barbados with 8 Francs worth of stamps on it (3 of SC#163, 2 of SC# 161 and 1 each of SC#139 and SC#141).



Ignoring the folds, stains, and general malaise - My 2015 Scott Classic Specialized Catalogue suggests the "most common procedure may be summarized as follows: the stamp which has the highest "value on cover" is counted with its on-cover value, while the other stamps are added on to the total with their normal value as stamps "off cover".

The 161s and the 163s are listed at $45.00 on cover and 80¢ for used singles while the 139 is $15.00 on-cover and the 141 is $8.00 on-cover, with both at 35¢ for a used single. So I come up with a catalogue value of $48.90 [$45.00 + (5 x 80¢) + (2 x 35¢) = $48.90], if only it was in perfect condition.

Does that jibe with the consensus here?

With all that being said, I'm going with a price of about $4.81 on a good day!

Al

Send note to Staff

Pillar Of The Community
United States
3953 Posts
Posted 01/17/2022   5:06 pm  Show Profile Bookmark this reply Add Partime to your friends list  Get a Link to this Reply
I think your math is correct, but I'd also add that some multiple stamp items are philatelic creations which depress the value somewhat. Nice item!
Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
7234 Posts
Posted 01/17/2022   5:48 pm  Show Profile Bookmark this reply Add bookbndrbob to your friends list  Get a Link to this Reply
I believe if you ask 10 different cover collectors, you'll get 10 different answers. There are so many variables, including appearance, mixed franking, envelope size, postal markings, country, stamps condition....and on and on.

If this is an area you collect, then it was a great deal. If I were considering it, after careful scrutiny I would use a percentage of the sound stamps' value and add or subtract considering other features.
Send note to Staff  Go to Top of Page
Valued Member
Learn More...
United States
197 Posts
Posted 01/17/2022   6:37 pm  Show Profile Check Chipshot's eBay Listings Bookmark this reply Add Chipshot to your friends list  Get a Link to this Reply
I like your approach and think you are on "the right track baby". Your pricing is realistic. If lucky you will find people who wish to own such an item and they might bid it up. I have some very old US and offering it at a reasonable starting price has resulted in "good" results. I guess the most important thing is getting the interest of buyers who collect your item. Good luck and let the community know how it turns out.
Send note to Staff  Go to Top of Page
Pillar Of The Community
Canada
1786 Posts
Posted 01/17/2022   6:41 pm  Show Profile Bookmark this reply Add Just_fella to your friends list  Get a Link to this Reply
Great thread,
Thank you for sharing this!
Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
1165 Posts
Posted 01/17/2022   7:44 pm  Show Profile Bookmark this reply Add Parcelpostguy to your friends list  Get a Link to this Reply

Quote:
My 2015 Scott Classic Specialized Catalogue suggests the "most common procedure may be summarized as follows: the stamp which has the highest "value on cover" is counted with its on-cover value, while the other stamps are added on to the total with their normal value as stamps "off cover".


That has been Scott's position for years. It is slightly different and more detailed in the US Specialized but within the same general idea.

Of course this is for the run of the mill general cover. Special other attributes can add, at times greatly, to the value. Reductions can occur as well especially when a correct rate is not being paid.

Send note to Staff  Go to Top of Page
Pillar Of The Community
Learn More...
8290 Posts
Posted 01/17/2022   8:02 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
Subject matter, aesthetics and unusual destinations are subjective factors that no catalog can value.

Not everything is yet documented either or the information is really difficult to locate.

Not long ago, Kelleher had a Russian cover at auction that was estimated at $150. It intrigued me and after some research I found only two other sales of similar covers over a 20-year period from the same flight with the same set of stamps. It was a $1,000 cover all day long based upon those sales. I bid live and was bummed to find that someone else saw it as well. I quit at $800.
Send note to Staff  Go to Top of Page
Valued Member
United States
138 Posts
Posted 01/18/2022   09:01 am  Show Profile Bookmark this reply Add BreefmackUSA to your friends list  Get a Link to this Reply
Thanks everyone for the replies!

It seemed to me that 8 Francs was a bit steep to go on a 141-mile island hop in 1945, but then I have no idea what the rates were!

Thanks again - interesting...

Al
Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
7934 Posts
Posted 01/18/2022   12:35 pm  Show Profile Bookmark this reply Add revcollector to your friends list  Get a Link to this Reply
I'm fairly sure it weighed more than one ounce, so it would be on the expensive side to mail.
Send note to Staff  Go to Top of Page
  Previous TopicReplies: 8 / Views: 436Next Topic  
 
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 0.19 seconds to lick this stamp. Powered By: Snitz Forums 2000 Version 3.4.05