Venezuela Stamps Very High Cv

Has anyone ever tried buying Venezuelan modern issues, and put off by the exorbitant prices?

Any reason behind the prices? An inflated exchange rate?

Example here:

http://www.ebay.com/itm/Venezuela-2...em2c66e5e93b

These Venezuelan issues were produced for the sole purpose of milking collectors for money. My opinion. Notice that a single pane contains low to high denominations. Few non-collectors are going to buy those panes with higher denomination stamps just to mail a letter. A bunch of relatively high face value stamps, resulting in a higher catalog value -- it's a pricing formula thing. The seller you linked is basically selling them at catalog value.

Want a real challenge. Collect those individual Venezuelan stamps in postally used condition, with genuine postal cancels (not favor cancels), proper time of usage, and not from a philatelically contrived cover.

Hi

Even Ecuador is getting in on the act. Look at some of the prices for new issues. It is ridiculous. These prices are one reason I stopped collecting Venezuela and Ecuador new issues.

Jerry B

Paraguay was doing it from the 1960s and into the 1980s. First with high denomination S/S's, then with low to high denomination setenants as a strip of stamps.

Can the local citizens even afford such high valued sheets?

On a sidenote, I heard iPostel Venezuela has a lot of missing letters recently.