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China Stamp Market Now Compared To A Couple Of Years Ago

 
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Valued Member

United States
38 Posts
Posted 05/19/2015   3:08 pm  Show Profile Bookmark this topic Add Sherri to your friends list Get a Link to this Message
Just a quick question as I was not able to find the answer online. Does anyone know if the stamp market for Chinese stamps (Republic of China, specifically) is about the same as it was a couple of years ago or have the values of the stamps declined? I have some that I'd like to sell - nothing too valuable, but am wondering how the Chinese stamp market is doing now - better or worse - than it has been.

Thanks in advance for any info!
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Pillar Of The Community
Norway
1661 Posts
Posted 05/19/2015   6:04 pm  Show Profile Bookmark this reply Add Blaamand to your friends list  Get a Link to this Reply
I attended a live auction in Oslo last spring. The few Chinese items offered for sale were all relatively 'ordinary stuff', still all realized prices in the range of 5-10 times the asking price! And all items were bought by....Chinese. Obviously the asking prices (in 'normal' percentage-range of cat value) were far off the actual market price. Whether the market is increasing or not I cannot say, but for sure it seems the catalog values (Michel) were too conservative, so it seems to me the catalog publishers are 'behind' the market.
(For matter of good sake I should mention that no other collection-areas experienced any similar popularity at the same auction)
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Valued Member
Canada
77 Posts
Posted 05/19/2015   10:19 pm  Show Profile Bookmark this reply Add medoc to your friends list  Get a Link to this Reply
I have noticed the same effect when bidding on China stamps.
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Pillar Of The Community
United States
2830 Posts
Posted 05/19/2015   11:05 pm  Show Profile Bookmark this reply Add shermae to your friends list  Get a Link to this Reply
When things get this hot there are usually speculators driving the market at least to some degree.
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Valued Member
United States
38 Posts
Posted 05/20/2015   10:15 am  Show Profile Bookmark this reply Add Sherri to your friends list  Get a Link to this Reply
Thanks for your replies! I guess it's safe to say that the market for China stamps hasn't really diminished much!
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Pillar Of The Community
United States
3153 Posts
Posted 05/20/2015   11:53 am  Show Profile Bookmark this reply Add littleriverphil to your friends list  Get a Link to this Reply

Quote:
When things get this hot there are usually speculators driving the market at least to some degree.


Possibaly because there is apparently more discretionary income amongst China's population now.
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New Member
Uruguay
2 Posts
Posted 05/21/2015   11:15 am  Show Profile Bookmark this reply Add Collectorbazaar to your friends list  Get a Link to this Reply
I find market for china items still strong a bit less a couple of years ago
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Pillar Of The Community
United Kingdom
895 Posts
Posted 05/21/2015   11:17 am  Show Profile Bookmark this reply Add Ringo to your friends list  Get a Link to this Reply
What's with that golden monkey stamp? It's worth a small fortune, but according to Wiki there were 5 million sold, so it's not considered rare. Why is it worth so much?
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Pillar Of The Community
United States
2055 Posts
Posted 05/21/2015   12:14 pm  Show Profile Bookmark this reply Add TheArtfulHinger to your friends list  Get a Link to this Reply
I really don't know if it's true, but I've read that the monkey stamp is commonly used to bribe government officials in China. Gov't officials can't accept direct payments, of course, but "gifts" are supposedly acceptable, and a tiny piece of paper worth $1000 is easily concealed. Supposedly, if you really want to get something done in China, people in the know have a good idea of how many "monkeys" it will cost them to get the right officials to approve their requests.
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