Did This Guy Get Taken?

Well, I guess anything is possible Wt1. But misperfs are really not that sought after and not that expensive. Now, if it was an imperforate.......

Peter

Even an imperforate pair is not all that rare ... CV of $42.50 in my 2014 Scott. Datz reports over 1000 known imperf pairs.

Holy cow...Taken for a ride is an understatement of the year!

Interesting to read what people think is the value . I been noticing posters talk about what they would pay ........excuse me but it was purchased in 2002 and this is 2015 are you aware a lot of factors come into play . Was that pair from the first coil strip found ? was it a new discovery in 2002 ......Did the philatelic press or some stamp dealer run this with statements this was going to be the "new jenny" ........please TIME IS A FACTOR TO PRICING .

wt1 and floortrader, you guys are kinda making the same point and I have to agree. The price could've been right on par with speculation and current market value when they were purchased. I guess the skeptic in me automatically assumed something sinister was in play.

But even on a speculative basis, it was not very smart to trust a "collectibles" dealer to give you good advice about philatelic values. He probably had some Beanie Babies or Cabbage Patch Dolls to sell also.

lol, blcjr. Cabbage Patch Dolls... Made me think of Garbage Pail Kids.

Seriously though, I think "probably" is going out on a limb a little... A lot of stamp dealers also deal in currency. I'm just sayin.

Well, stamps and coins have a history of collecting and valuation. They have established catalogs and criteria for valuation that other "collectibles" often do not. And that's all I'm just sayin'.

I wonder how many albums contain not one misperf, as opposed to how many albums contain not one revenue (to pick one BoB).

Q/ Is there a market for an EFO album? Are there pages available in PDF?




If it is Open Season on the character of the seller, howzabout Open Season on the character of the buyer?

Maybe the buyer was hoping that a 'rube' outside the philatelic community could not know what they had?

[picky] Agreeing to someone's price is not the same thing as seeking, or accepting, their advice.[/picky]

Cheers,

/s/ ikeyPikey

ikeyPikey,

If I was picking on anyone, it was the buyer, not the seller. I generally believe in laissez faire and caveat emptor.

blcjr, Greetings:

I put that [picky] on me, not you ;)

BTW: My neighborhood collectibles guy has shelves of reference books; perhaps other dealers hide theirs as a matter of pride?

Cheers,

/s/ ikeyPikey

This stamp was issued in 1988. I would think that most errors would have come to light within the first few years. Probably by 2002 the EFO pair would have been recognized for what it was. Those errors that are not discovered until long after the initial issue date are usually rare ones.