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How Much Does My Collection Cost? Please Help Me!

 
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Author Previous TopicReplies: 5 / Views: 2,989Next Topic  
New Member

VietNam
3 Posts
Posted 10/31/2014   11:57 am  Show Profile Bookmark this topic Add coldstone2507 to your friends list Get a Link to this Message
Please let me know the price of my stamps!
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Edited by coldstone2507 - 10/31/2014 1:14 pm

Pillar Of The Community
United States
2778 Posts
Posted 10/31/2014   12:10 pm  Show Profile Bookmark this reply Add Battlestamps to your friends list  Get a Link to this Reply
Hello and welcome!
These are fairly common stamps for the time period and have minimum catalog value (25 cents) and usually worth less due to defects like perforation flaws and small stains.
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New Member
VietNam
3 Posts
Posted 10/31/2014   1:18 pm  Show Profile Bookmark this reply Add coldstone2507 to your friends list  Get a Link to this Reply
Thank you for your reply. I have just added more stamps, hope you and everyone reply more ^^! I'm a newbie and know nothing about stamps :(!
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Pillar Of The Community
United States
8407 Posts
Posted 11/01/2014   06:12 am  Show Profile Bookmark this reply Add floortrader to your friends list  Get a Link to this Reply
Your collection has 31 cents in U.S. postage and $1.00 worth of stamps .
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Pillar Of The Community
United States
526 Posts
Posted 11/01/2014   08:34 am  Show Profile Bookmark this reply Add Hieronymus to your friends list  Get a Link to this Reply
Perhaps for someone new to stamp collecting, an explanation of these two responses is needed. These are common stamps and their catalogue value is twenty-cents each.

But no one would ever pay coldstone2507 this catalogue value because the .20 represents the cost of the labor a dealer would have to put into them to prepare them for individual sale. And if offered for sale individually, no one (and I mean no one) would buy them individually. So practically speaking, coldstone, the catalogue value of .20 each is meaningless. This group of stamps has value only as an entire group.

The only buyer for this kind of a collection would be someone willing to pay a dollar or so for the whole collection, which is Floortrader's point. That buyer/dealer might (I repeat, might) be able to find another buyer who would pay two or three dollars. Someone who specializes in Vietnam stamps might be interested but even there, a specialist in Vietnam will already have most of these, so he's not going to pay very much for a group of stamps that mostly duplicate what he already has.

The ideal buyer would be someone who wants a Vietnam collection, perhaps as part of a worldwide collection that up to now has very few Vietnam stamps. Such a person might pay $2 or $3--but even that's a stretch. And how to find such a buyer? That's the risk the dealer who offers $1 might take. If coldstone could find the specific niche buyer who wants a basic, common Vietnam collection, he could cut out the middleman and sell for $2. But his chances of finding that buyer are less than the chances of a dealer who has better contacts. But the dealer is taking the risk, so he has to offer low in order to make it profitable.

Unless someone goes through this collection studying every single stamp looking for some oddity that might make one or two worth a bit more than the floor catalogue value of .20, $1 for the lot is what they are worth. And the time involved in going through the collection looking for the unlikely oddity is not going to be worth it for most people, since the most probable outcome is where we are already: nothing of unusual value, .20 each in theory, $1.00 for the whole business in reality.

The practical value of these is one cent each or less. The minimal catalogue value of .20 is basically a fiction.
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Edited by Hieronymus - 11/01/2014 2:45 pm
New Member
VietNam
3 Posts
Posted 11/01/2014   10:57 am  Show Profile Bookmark this reply Add coldstone2507 to your friends list  Get a Link to this Reply
Thank floortrader and Hieronymus for replying me! Yours are helpful to me!
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