Stamps1962, your experiences and this discussion make me wonder how critical is the role of direct dealer purchases for today's collectors?
While I have yet to engage any sources for approvals, some of the buying experiences mentioned by you and others points out that there are some troubling issues with a good number of the stamp dealers out there.
If dealers ignore a client's collecting level and interests, it's just a big waste of time. In the cases discussed here it seems I may be disappointed by the APS Circuit program which I have intended to try out. After going to the last ASDA Dealer Show in NYC I have received numerous stamp lists which are certainly informative since I have built my US collection of mostly classics via
ebay auctions.
But honestly, as much as I would like to support stamp dealers -- most of whom are very small owner run businesses -- dealer pricing makes it very difficult to do so.
Recently I purchased 20 single stamp lots of higher value used US stamps from numerous
ebay dealers. In each case I compared my
ebay purchase price with a dealer list price for the same Scott US cat # and condition. Here are a few examples from my comparison:
US #36 SCV $350 Dealer List: $89 My
ebay cost: $12
US #122 SCV $2100 Dealer List: $1000 My
ebay cost: $400
US #292 SCV $700 Dealer List: $525 My
ebay cost: $230
My conclusion: With apologies to dedicated dealers, my budget can't afford buying from dealers. Except in rare cases I'm sticking with online auctions and making best offers.