Going back to Larry's original post (before we got mired in putdowns and calling folks "dudes"), I checked out the collection and think that for any collector who is starting out, light on 19th century US, or maybe new to US stamps, the sale price was fine.
My sense is that if everyone were to bid 10% CV or less, no one would make any money from collecting. And I am sure that a majority of members of this Forum want dealers, stamp stores, and auctioneers to remain profitable. So when I want some important additions for my collection, I may offer 20% of my projected CV + shipping. But I keep in mind that if every buyer wants only the cheapest sale price, then MY collection also becomes far more undervalued.
I have built my own US collection by buying older US albums at auction. I did so using the methods Larry and others have outlined. I guess at CV using lower item prices when in doubt, and try to purchase at < 15% my "useable" CV. This assumes that I might have to sell more than 50% of the CV because I already have those stamps. Now, my "A" collection will soon move in to a new album. And I'll begin selling or trading off all my dupes. That's why I wondered in this Forum recently why SCF has no sales activity posted within the Forum.
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