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Cv Of An Unused Without Gum

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Valued Member
Bulgaria
216 Posts
Posted 01/08/2015   07:33 am  Show Profile Bookmark this topic Add priatel to your friends list Get a Link to this Message
I would like to have your opinions about stamps unused without gum.

I would like to buy a stamp : Helvetia / 30c Vermillon
Catalogue value
Scott #46 : Mint Hinged ( with gum) * = 1700 USD / used #664; : 40 USD
Michel #25 : Mint Hinged ( with gum) * = 1400 € / used #664;= 40 €

The offered stamp is unused ( no cancelling) but without gum ( or very very small parts of the OG).

In your opinion, what will be your estimation for such a stamp ?

Some say 50% of the * CV
For some others, as it is neither a new one nor a cancelled one, I can throw it away, it has no value
Others say to be considered with the price of a cancelled one, even it is not.

And you, what is your opinion ?

Thank you.

PS: do not take into consideration eventually other fault.
This topic concerns only the CV value of unused without gum ( even not a (*) or (SG) which are only mint without gum)



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Edited by priatel - 01/08/2015 07:34 am

Pillar Of The Community
United Kingdom
1361 Posts
Posted 01/08/2015   07:49 am  Show Profile Bookmark this reply Add AnthonyUK to your friends list  Get a Link to this Reply
You have to consider why it has no gum. Is it because it it actually used but didn't get cancelled? If so then I would only pay less than the cat. for postally used.
I tend to agree with the option 'it is neither a new one nor a cancelled one, I can throw it away, it has no value.
It is definitely worth keeping as a spacefiller if nothing else.
There are some exceptions for stamps where the gum can damage the stamp so these are usually mentioned that the price reflects mint no gum.
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Pillar Of The Community
Canada
1324 Posts
Posted 01/08/2015   09:30 am  Show Profile Bookmark this reply Add CanadaStamp to your friends list  Get a Link to this Reply
IMHO in stamp valuation there is no such thing as "unused no gum." There is only mint and used. I'd value it at the used rate.

PS A synonym for unused no gum is "postage."
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Pillar Of The Community
1515 Posts
Posted 01/08/2015   09:37 am  Show Profile Bookmark this reply Add Jenny2U to your friends list  Get a Link to this Reply
I vote CV for "used". Without gum, there's no way of being certain that the stamp was not postally used (but not cancelled).
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Bedrock Of The Community
United States
10600 Posts
Posted 01/08/2015   09:51 am  Show Profile Bookmark this reply Add revcollector to your friends list  Get a Link to this Reply
"IMHO in stamp valuation there is no such thing as "unused no gum.""

When it comes to classics you are in a pretty small minority. Soaking off the gum was a common practice in 19th century philately. Also there were no such hings as hinges in the way we would use the term in those days, so many classic stamps lost their gum during the removal from album pages. My knowledge of classic Switzerland is insufficient to value this stamp, but the idea that any collector would suggest that it should be thrown away appalls me. Even calling it a "spacefiller" does not seem accurate, it is simply an uncancelled stamp without gum, clearly worth significantly less than an example with gum but hardly without any value at all.
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Valued Member
Bulgaria
216 Posts
Posted 01/08/2015   10:33 am  Show Profile Bookmark this reply Add priatel to your friends list  Get a Link to this Reply
I remind you that even it remains on the back some gum ( see picture) but not a lot.
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Pillar Of The Community
Learn More...
United States
856 Posts
Posted 01/08/2015   10:35 am  Show Profile Bookmark this reply Add rustyc to your friends list  Get a Link to this Reply
My knowledge regarding classics is limited, but I strongly agree with the last sentence of revcollector's post.
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Valued Member
Bulgaria
216 Posts
Posted 01/08/2015   10:40 am  Show Profile Bookmark this reply Add priatel to your friends list  Get a Link to this Reply
The problem with that stamp is that it has Scott#46.
Till Scott#40, it has no importance if it has gum or not; the price would be the same.
But from the stamps Helvetia ( #41 and followings)for having a rate in the left column, it has to be with gum !!

Same thing with Michel

Bad luck, isn't it ?

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Pillar Of The Community
Canada
4648 Posts
Posted 01/08/2015   10:47 am  Show Profile Bookmark this reply Add Bujutsu to your friends list  Get a Link to this Reply
I am not too keen on them myself. To me, personally anyway, it is a stamp in limbo. It is not used, it is not mint. Usually, these are stamps that went through the mail system and were not cancelled. They just escaped getting a postmark applied to them.

I try to avoid them myself.

Chimo

Bujutsu
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Pillar Of The Community
United States
1096 Posts
Posted 01/08/2015   11:38 am  Show Profile Check orstampman's eBay Listings Bookmark this reply Add orstampman to your friends list  Get a Link to this Reply
I'm with revcollector on this for classics. Some classic stamps need to have their gum removed to preserve the stamp. Also, many classic stamps, due to hinging and other effects from storage/handling over the years, have suffered degraded gum, so best to remove it on those.

As long as the classic stamp has not been canceled (pen, other) and had the cancel removed, I consider the stamp to be unused, no gum. For most USA classics (that have a much higher catalog value as unused) I would consider the value to be much less than unused with original gum, but not as low as used. For re-gummed stamps, the same applies, since re-gummed should be valued the same as no gum IMHO.
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Valued Member
Bulgaria
216 Posts
Posted 01/08/2015   11:51 am  Show Profile Bookmark this reply Add priatel to your friends list  Get a Link to this Reply
@orstampman
I thing like you and I thing that it 's not so stupid to say 50% of the * MH (mint hinged with gum) CV.

But I am waiting for opinions of others.
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Pillar Of The Community
United Kingdom
1361 Posts
Posted 01/08/2015   12:53 pm  Show Profile Bookmark this reply Add AnthonyUK to your friends list  Get a Link to this Reply
Are you the buyer or the seller priatel?
The value is what someone will pay for it and I would be pleased for you if as a seller you manage to get 50% of MH but I seriously doubt it but I'm not sure what % of cat these stamps regularly sell for.
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Pillar Of The Community
United States
7072 Posts
Posted 01/08/2015   1:30 pm  Show Profile Bookmark this reply Add Cjd to your friends list  Get a Link to this Reply
There are many, many opinions on this topic, right here on SCF. If you type "MNG" into the search bar, dozens of topics come up. It was interesting to go back and read a few. Here are a couple examples, for kicks:

https://goscf.com/t/20748

https://goscf.com/t/11668

There are many more, and you could spend an hour reading others' thoughts on the matter.

Having some remaining gum might help to convince me that the stamp had not been washed somewhere along the line, but I would want to see the stamp in hand before deciding for myself.

I'm not afraid of NG / (*) stamps in some circumstances, but only at a steep, steep discount off of CV. Way less than 50% (for me).
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Valued Member
Bulgaria
216 Posts
Posted 01/08/2015   1:48 pm  Show Profile Bookmark this reply Add priatel to your friends list  Get a Link to this Reply
@AnthonyUK
In that case, I am a potential buyer.
But this is not important because the topic can be suitable for any old stamp unused without gum, when in the catalogue it is only given the cotation * (with gum).

Cjd
I am never telling about its bying or sales value, but its catalogue value compare to a * or a un cancelled one.
This topic is general concerning unused without gum.
What I would like to know is "How will an expert consider and evaluate such a stamp? What are their positions ?
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Bedrock Of The Community
United States
10600 Posts
Posted 01/08/2015   8:58 pm  Show Profile Bookmark this reply Add revcollector to your friends list  Get a Link to this Reply
It would be called "unused".
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Pillar Of The Community
United States
845 Posts
Posted 01/08/2015   10:12 pm  Show Profile Bookmark this reply Add HungaryForStamps to your friends list  Get a Link to this Reply
Its a nice looking stamp from what I can see.

I know its annoying to hear this, but as stated above, it's worth what someone will pay for it. I assume you want to know because you want to sell it. If not, I wouldn't worry about it.

Absent specific experience selling these types of issues, you want to determine what similar unused Swiss stamps have been sold for in the past (similar meaning same time period roughly same difference between Mint and Used prices). So, do the leg work yourself and examine auction sites for prices (for example completed listing on ebay).

For this issue, you have large difference between Mint and Used. First of all, what does the catalog say if anything about Mint and Used in relation to Unused.

My guess would be the value of unused is way below the value of Mint in cases like this. Say 10%-25%. That's speculation though.

If you're asking because you want to sell, after you have researched completed sales, set a price and see if anyone nibbles.
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