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Stamp Attrition Rates

 
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Author Previous TopicReplies: 13 / Views: 1,782Next Topic  
Pillar Of The Community
Canada
652 Posts
Posted 06/08/2013   2:23 pm  Show Profile Bookmark this topic Add canadianphilatelist to your friends list Get a Link to this Message
I was wondering if there are any studies on attrition rates for stamps? eg. Let's say there are 20 million of a stamp produced, how many end up being saved by collectors vs. how many end up destroyed, disposed, damaged etc.?
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Pillar Of The Community
2361 Posts
Posted 06/08/2013   2:38 pm  Show Profile Bookmark this reply Add doug2222 to your friends list  Get a Link to this Reply
The USPS claims to be able to calculate "retention" rates, but I think their numbers are pure guesswork.

"Retention" is the proportion of an issue held for "collecting" purposes, rather than usage for postage.
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Pillar Of The Community
3859 Posts
Posted 06/08/2013   2:50 pm  Show Profile Bookmark this reply Add jogil to your friends list  Get a Link to this Reply
Is there any specific stamp that you have in mind with regards to your question? There is a souvenir sheet variety in which 10,000 were issued which would make it a low quantity for a modern issue (1407ai). However, most were saved by many dealers and collectors so that its price has not gone up too much over the years. If someone cornered the market on these, it may go up more.
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Pillar Of The Community
United States
5894 Posts
Posted 06/08/2013   3:12 pm  Show Profile Bookmark this reply Add smauggie to your friends list  Get a Link to this Reply
In the coin world they talk about "population". I have not heard of any attempt to calculate surviving numbers of stamps. Interesting question.
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Bedrock Of The Community
United States
12128 Posts
Posted 06/08/2013   3:22 pm  Show Profile Bookmark this reply Add wt1 to your friends list  Get a Link to this Reply
Although a few years old now, here's an excerpt from one of several raw studies on the subject:

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Bedrock Of The Community
United States
12128 Posts
Posted 06/08/2013   3:36 pm  Show Profile Bookmark this reply Add wt1 to your friends list  Get a Link to this Reply
Here's a 2005/2006 update to the data previous posted:

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Bedrock Of The Community
United States
12128 Posts
Posted 06/08/2013   3:41 pm  Show Profile Bookmark this reply Add wt1 to your friends list  Get a Link to this Reply
Here's a previous discussion on the subject:

https://goscf.com/t/19452
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Pillar Of The Community
United States
1136 Posts
Posted 06/08/2013   9:16 pm  Show Profile Bookmark this reply Add mobilman44 to your friends list  Get a Link to this Reply
Ummmm, printing stamps is a profitable business!
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Pillar Of The Community
USA
9748 Posts
Posted 06/08/2013   9:25 pm  Show Profile Bookmark this reply Add philb to your friends list  Get a Link to this Reply
printing a sheet of stamps is cheap...but when they overprint and scrap millions of stamps !
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APS 070059 Life Member International Society of Guatemala Collectors I.S.G.C. #853
Pillar Of The Community
United States
4087 Posts
Posted 06/08/2013   10:49 pm  Show Profile Check eyeonwall's eBay Listings Bookmark this reply Add eyeonwall to your friends list  Get a Link to this Reply
People who answer these types of surveys often give answers they think the surveyors want.
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Pillar Of The Community
United States
4087 Posts
Posted 06/08/2013   10:52 pm  Show Profile Check eyeonwall's eBay Listings Bookmark this reply Add eyeonwall to your friends list  Get a Link to this Reply
Also, even if the USPS numbers were accurate in the year the stamps were bought, the numbers keep falling with each year after purchase as some of theose "retained" get used and some get ruined.
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Valued Member
United States
14 Posts
Posted 06/09/2013   06:23 am  Show Profile Bookmark this reply Add Blue-M to your friends list  Get a Link to this Reply
It would be interesting for me to see stamp populations of used stamps vs mint stamps. I would be interested to know how many stamps end up getting dumped in landfills or being destroyed beyond collectibility. In my little fantasy world of stamp collecting it seems that a lot of stamps probably end up getting dumped after they are used or getting damaged by neglect, mishandling or other situations. With so much emphasis on retaining mint stamps I wonder if mint stamps way outnumber used stamps for some issues. In my years of collecting I have seen a lot of issues with mint stamps outnumbering used stamps. I realize that not all dealers like to handle used stamps but even with used stamps dealers some issues seem way easier to find mint than used.
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Pillar Of The Community
Canada
652 Posts
Posted 06/09/2013   12:13 pm  Show Profile Bookmark this reply Add canadianphilatelist to your friends list  Get a Link to this Reply
Thanks for sharing. I was just curious because let's use as an example Canada Scott #91 made in 1903 which had over 66 million stamps produced. A mint VF copy of that catalogues for about $400 with a 250% premium if it is not hinged. But a Canada Scott #1436 made in 1992 which had 3 million stamps produced only catalogues for $1.25. Given the staggering difference in the amount produced between each stamp, it is clear that there should be way more #91 than #1436 which would be about a 2100% difference yet the #91 commands the higher value. Therefore attrition rates must be a significant factor.
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Pillar Of The Community
3859 Posts
Posted 06/09/2013   12:24 pm  Show Profile Bookmark this reply Add jogil to your friends list  Get a Link to this Reply
It may be that the time that passed such as 110 years vs 20 years may play a factor in the catalogue value of the stamp. Also, there are probably more collectors that saved the newer stamp than the older stamp. Condition also plays a role in the price of an older stamp which commands a very high price for a very fine condition.
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Edited by jogil - 06/09/2013 12:27 pm
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