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Face Lot Prices Dealer Buy Prices

 
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Author Previous TopicReplies: 9 / Views: 805Next Topic  
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Posted 01/22/2023   08:57 am  Show Profile Bookmark this topic Add angore to your friends list Get a Link to this Message
I like looking at what dealers want to buy especially for modern since much is sold at a discount of face. This is the general buy list for Markest Stamps who advertises in Linn's regularly.

Forever sheets being purchased at 80% face.



He has a buy list for specific sheets and found one on his buy list that he offered for sale. For Scott 4521 (64 Wedding cake, $12.80 face), he will pay $40 and sell for $69.95.
My 2021 Scott prices it at $50. Anyone have a later Scott?

The wedding stamps in general seem to command some premium over the usual discount.
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Al
Edited by angore - 01/22/2023 09:01 am

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Posted 01/22/2023   10:05 am  Show Profile Bookmark this reply Add Linus to your friends list  Get a Link to this Reply
Al -

I have the 2023 Scott Volume 1A from the Urbandale library, and the mint price listed is $2.50 per stamp, so times 20 for a sheet = still $50.

Linus
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Posted 01/22/2023   11:06 am  Show Profile Bookmark this reply Add revcollector to your friends list  Get a Link to this Reply
Large lots of $1 and up face have frequently been bringing 80% at auction for a while now. My understanding is that coin dealers use them. Probably true of the forever stamps, too.
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Posted 01/22/2023   11:40 am  Show Profile Bookmark this reply Add Anthraquinone to your friends list  Get a Link to this Reply
It is not just coin dealers. Stamp dealers regularly send purchases to the UK covered in older low value definitives. The last I recieved had 102 stamps on it paying a postage of $30. They were mainly the 32 cent maple leaf definitive. I guess this reduced the actual cost of the postrage to the dealer to about 15 - 20 dollars. In this case the saving was passed on to me but that is not always true.

If the buyer is charged the "actual postage" the dealers makes a significant extra profit.

AQ
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Posted 01/22/2023   11:59 am  Show Profile Bookmark this reply Add Stephen J Bukowy to your friends list  Get a Link to this Reply
Wedding cake and related stamps are often in demand by wedding planners for sending out the announcements, etc. so they tend to be higher in commercial value than the flags and other routine items.
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Posted 01/24/2023   4:16 pm  Show Profile Bookmark this reply Add angore to your friends list  Get a Link to this Reply
The discounts did not surprise me. I was more curious about his buy/sell pricing since could be considered a more traditional dealer. Of course this is based upon ONE sheet and may pick up some for less in lots,

He was paying premiums for quite a number of modern mini-sheets. They sure are easier to handle than the 50 / 100 stamp sheets
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Al
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Posted 01/27/2023   12:21 pm  Show Profile Bookmark this reply Add sotwuser to your friends list  Get a Link to this Reply

Quote:
Wedding cake and related stamps are often in demand by wedding planners for sending out the announcements, etc. so they tend to be higher in commercial value than the flags and other routine items.



https://insideofknoxville.com/2022/...nto-stories/
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Posted 01/27/2023   1:35 pm  Show Profile Check GeoffHa's eBay Listings Bookmark this reply Add GeoffHa to your friends list  Get a Link to this Reply
I only knew Knoxville from Knoxville Girl by the Blue Sky Boys. I'm glad this has a happier ending.
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Posted 01/28/2023   06:33 am  Show Profile Bookmark this reply Add angore to your friends list  Get a Link to this Reply
Interesting printing press set up.
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Al
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Posted 01/28/2023   09:10 am  Show Profile Bookmark this reply Add floortrader to your friends list  Get a Link to this Reply
With all the recent price increases in postage cost ,it gets harder to use up those low face value stamps . It has gotten impossible to use that many U.S. POSTAGE stamps ,watch and see those 6 cents or less stamps offers and sales get reduced further from the dealers . It has gotten so bad they are just used to round out higher value stamps on envelopes and no longer used to fill a envelope themselfs .
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Edited by floortrader - 01/28/2023 09:13 am
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