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Value In Placeholders??

 
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Rest in Peace
United States
519 Posts
Posted 02/17/2014   4:26 pm  Show Profile Bookmark this topic Add Scouter to your friends list Get a Link to this Message
Poll Question:
First, before someone else says it, "to each his own". But my poll question is to determine what kind of value we put on stamps with flaws. So for purposes of the poll, envision a stamp that you do not have in your collection but want to have. A used version of the stamp in excellent VF condition is fairly priced at $350. But you can have a lightly cancelled version of the stamp with a short tear, poorly centered and some pulled perfs for $35. What would you do?


Choices:
I'll pay the $350 for quality
Sounds good for $35
Pass on both

(Anonymous Vote)
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Pillar Of The Community
United States
1614 Posts
Posted 02/17/2014   5:19 pm  Show Profile Bookmark this reply Add Mike33 to your friends list  Get a Link to this Reply
I'd only want the $35 version if it came in a much larger lot that I only paid a little for :)
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Pillar Of The Community
United States
644 Posts
Posted 02/18/2014   12:29 am  Show Profile Bookmark this reply Add billw2 to your friends list  Get a Link to this Reply
I wouldn't buy the faulty one.

One of the things to bear in mind is that really nice and valuable stamps are more liquid than you night think. And furthermore, really nasty stamps are very tough to resell.

You might pay 10% of the value of a nice one! but what if you need to liquidate your collection?
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Edited by billw2 - 02/18/2014 12:39 am
Pillar Of The Community
United States
1106 Posts
Posted 02/18/2014   11:00 am  Show Profile Bookmark this reply Add danstamps54 to your friends list  Get a Link to this Reply
For me, it would depend on the stamp. Before I pop big money (for me $100+) for a stamp, I check prices (Ebay, Bidstart, auctions -- whatever is relevant) to get a feel for the price range. If the stamp is in an area I concentrate on and it is seldom offered for sale or is within the market price range, I would buy the expensive stamp.

If it is something I just want for my collection to fill a space, I would consider the lesser priced stamp "with character" if it displayed acceptably. I would then be able to buy more stamps on my stamp budget. If my interests change, I can always upgrade later.

For me, stamp collecting is a hobby, not an investment. I don't expect my collection to ever realize more than a fraction of what I spent. Besides, if it came to the point where I had to liquidate my collection, I would need the stamps for a fire to keep me warm in my cardboard box underneath the overpass. My collection is of much more value to me than what I could sell it for,

Dan

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Experienced stamps need a home too. I'd rather have an example that is imperfect than no example.
I collect for enjoyment, not investment.
APS Member #223433
Postmark Collectors Club Member #6333
Meter Stamp Society Member #1409
Pillar Of The Community
United States
786 Posts
Posted 02/18/2014   1:23 pm  Show Profile Bookmark this reply Add eligies to your friends list  Get a Link to this Reply
I will qualify my 'buy @ $35' vote to say that it must be NICE looking, very unperceivable fault, and possibly in a lot with several better quality items. Knowing that I am not 'investing' but collecting having an early 'classic' enhances the intrinsic value.
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Pillar Of The Community
United States
661 Posts
Posted 02/18/2014   9:04 pm  Show Profile Bookmark this reply Add Cephus to your friends list  Get a Link to this Reply
I would never buy a faulty stamp, just to fill a space. If I had a faulty stamp, I'd leave it in the album until it was replaced, but I would never put good money toward a bad stamp. Then again, I would almost never buy a used stamp as the OP says, so... neither option works for me.
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