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Check Out Stanley Gibbons Pricing Vs Ebay On Same Set?

 
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Author Previous TopicReplies: 5 / Views: 1,399Next Topic  
Valued Member
India
186 Posts
Posted 02/02/2013   02:01 am  Show Profile Bookmark this topic Add Mindpsyche to your friends list Get a Link to this Message

I am still a beginner in stamp collecting but I just came across this discrepancy between Stanley Gibbons CV and a ebay seller.

Stanley Gibbons: 140 pounds (20th product in the line)

http://www.stanleygibbons.com/stanl...ll&pn_ac=all

Same set available on ebay for $13.45

http://www.ebay.com/itm/SIERRA-LEON...em3cce6e6290

Am I missing something?

140 pounds ($ 220) vs $ 13.45 ?
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Pillar Of The Community
Germany
1714 Posts
Posted 02/02/2013   05:54 am  Show Profile Bookmark this reply Add scotzm to your friends list  Get a Link to this Reply
The S.G. price is what THEY (Stanley Gibbons) will sell a set to you for. The actual "value" is in most cases the S.G. price divided by eight. Often you see S.G. cat values used on ebay and the selling price can be as low as 3% of that... and it still doesn't sell!
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Edited by scotzm - 02/02/2013 05:55 am
Pillar Of The Community
Australia
1865 Posts
Posted 02/02/2013   06:54 am  Show Profile Bookmark this reply Add 22crows to your friends list  Get a Link to this Reply
Well, yes you are missing something. The set in the Stanley Gibbons sale is perforated SPECIMEN (Type B9). So it is not the same set. The SG value for the ebay set is about GBP28.
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Valued Member
India
186 Posts
Posted 02/02/2013   10:38 am  Show Profile Bookmark this reply Add Mindpsyche to your friends list  Get a Link to this Reply
Thanks guys, appreciate the feedback.
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Pillar Of The Community
Australia
3547 Posts
Posted 02/02/2013   9:43 pm  Show Profile Bookmark this reply Add tonymacg to your friends list  Get a Link to this Reply
The other point to note is that that ebay auction hasn't ended yet. Who knows what the final price will be?
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Valued Member
India
186 Posts
Posted 02/02/2013   10:12 pm  Show Profile Bookmark this reply Add Mindpsyche to your friends list  Get a Link to this Reply
Yup, 7 hours to go, wonder if its going to go up, but more importantly need to fight off the temptation to bid :)
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