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!

#8 - What's More Important, Size Of The Breaks Or Grade?

 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 3 / Views: 307Next Topic  
Valued Member
Learn More...

United States
394 Posts
Posted 08/20/2022   05:41 am  Show Profile Bookmark this topic Add widglo46 to your friends list Get a Link to this Message
Trying to decide on the value of various #8's has always been difficult for me. Some examples are from plate positions that are always regarded as #8's, and others are transitional types, i.e. either #8A or #8 depending upon plate wear.

Although the size of the breaks and whether or not the example is a transitional type is touted as very important by many writers, it is my impression from watching multiple auctions over the past few years, that these factors are largely ignored by the market. The grade, which for both the PF and PSE seems to be determined chiefly by centering, has been a much more important determinant of prices realized.

A good example is lot No. 3038 (#8 73R4, 98J) in the upcoming Schuyler Rumsey sale 105. It was certified by the PSE in 2008 as a #8 98J with specific mention of, "...with a 0.5mm break in the bottom line...". Note that Neinken called the 73R4 position a type IIIa, and the PF certified this example as a #8A (PF #178084 for the pair it originated). Regardless, it is promoted on the basis of the PSE cert and as, "THE HIGHEST GRADE AWARDED AND ONE OF ONLY TWO TO ACHIEVE IT." The stamp hammered at a Siegel auction in 2008 for $26,000. It will open in the Schuyler Rumsey auction for $12,000, and I suspect it will ultimately hammer much higher.

Has the market changed so much that this example of a #8 (#8A?) is valued more highly than only slightly less centered examples with huge breaks? Compare even the price recently realized for a 99R2.



Send note to Staff

Pillar Of The Community
Learn More...
9071 Posts
Posted 08/20/2022   08:15 am  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
IMO it has a lot to do with whether the buyer is a specialist or is building a traditional US collection and has set a standard for appearance. It drives many collectors crazy, myself included, to pursue a certain centering and then have to settle for a stamp that sticks out like a chicken in a pig pen.

PS: I find that many sales values from 2008 can be very skewed to the aggressive side. At the time the market was in an intense high across the board. Of course, shortly after that everything dropped.
Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
1637 Posts
Posted 08/20/2022   10:36 am  Show Profile Bookmark this reply Add dudley to your friends list  Get a Link to this Reply
Position 99R2 is an entity unto itself and will always be valued highly on that basis alone ("the finest example of Type III" etc). For other positions, especially the so-called "swing" or "transitional" positions (a concept with which I am not comfortable) I believe you are correct, widglo: the centering trumps the features of the type. This is, IMO, a direct result of the advent of numerical grading.
Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
918 Posts
Posted 08/20/2022   12:18 pm  Show Profile Bookmark this reply Add Caper123 to your friends list  Get a Link to this Reply
A well centered stamp is certainly more pleasing (with an exception of some EFO's). But one that is 'created' via trimming to include neighboring stamps is just plain disgusting.
Send note to Staff  Go to Top of Page
  Previous TopicReplies: 3 / Views: 307Next 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 0.13 seconds to lick this stamp. Powered By: Snitz Forums 2000 Version 3.4.05