Feeding Frenzy In Australia Over The 2016 30c Provisionals

the emergency was that there were some Solicitors who had rolls of 70c. which they used to send letters to their clients and which also enclosed a Self Addressed Envelope to return signed documents and they wanted rolls to make up the increased postage costs. They are many customers who buy rolls and use those on their mail. The PO could have supplied other make up values but decided on producing the 30c. without realising the Philatelic importance of it.

Pagoda

So who are the winners and losers in all this?


The winners are those who are aware of the existence of web fora such as Stampboards or SCF and check them regularly to see what the latest news/gossip/research is and act upon that info when they read it. Most days nothing earth shattering, but once in something does break. Early birds and the worm, as the saying goes.

Of course I speak as one who picked up a couple sets very, very early in the process (within 48 hours of the original first Stampboards post) because after reading all the info available at the time, I though that there was something very special happening in Adelaide with these provisionals, and that they likely won't be available at a relatively affordable price very long. If I am right, then picking up a spare set could be quite financially lucrative and help fund my general collecting quite nicely down the road.

Was it a risk to spend what I did in mid-January on these stamps (well under 3 figures for TWO sets via Glen Stephens)? Perhaps at the time. But if the hunch I was feeling WAS right, and I didn't act now while prices were still reasonable, I'd be kicking myself over a lost opportunity.

In the end though, I was at the right place (reading the thread on the issue just started on stampboards) at the right time (there were very few collectors putting two and two together) to make what may be the most lucrative philatelic purchase I have made as a collector.

Yes I watched it all unfold on SB & ebay.

AS things go I was cash flat after buying over $12,000 face value sheet stamps & kiloware.

But the dizzy heights these stamps are at will crash big time. The auctions are full of big price decimal major variations that never sell.

My purchase will be a very safe one. This very hyped up issue will gather dust.

As Aussie Al said

Take for example this so called recent decimal rarity.

This is one of our ebay listings so it is a real example of current selling.

2013 Australia 100 years 1st Stamp Kangaroo Celebrations Stamp Show Great Australian Railway Journeys Prestige Booklet.Limited Issue of 500. Cost at show $50. It is a Overprint of a 2010 issue.Last time I looked there were 3 listed on ebay only. They will not sell at original cost price. So why in 2 years will this new Koala & Kangaroo set be any different when it comes to cost?

Quote " It all comes back to the usual discussion on any such thing. There are always 2 camps. Those that bought early, and those that did not, and wished they had".

Quote " It all comes back to the usual discussion on any such thing. There are always 2 camps. Those that bought early, and those that did not, and wished they had".


Isn't this the same quote that was used in the big Australian Decimal stamps gold rush that ended up a massive flop & everyone lost their shirts Lol.

Ha! Ha! Dont know that one Al..

KGV - the difference is your item was issued for collectors and at a high cost, while these provoisionals were issued for postal purposes at face value and few were saved. Not saying the current high price will hold, just that there is a real difference.

the other difference is that exhibition issues are only wanted by a small number of collectors, this Provisional is needed by most Australian collectors.

I can see no semblance of any hyping, only bidding on ebay which caused the price increases,

Pagoda

Yep! Fair enough.

But you people really do not believe that this stamp set will stay at these present prices?

But what makes a stamp valuable is that it is in limited numbers but not so small in numbers to make the price go through the roof and only a very small select group of collectors can afford them. So main stream collector switch off when they see them for sale.

The buyers that are in it to sell to make instant money will stop and the prices will flatten out. So who gets left holding the baby as a seller. The true collector's will be on top. But only the cashed up ones. Once you get a modern stamp over $30 it is getting very hard to sell.

Like Self adhesive international post issues are very popular and constantly bring high prices.They are popular because they are still cheap enough to go into most peoples collections.

Let me check my Crystal Ball,

OK, I can see,

December 31st. 2016

any mint single, A$ 175.00
set of mint singles, A$ 1,000.00
used single, A$ 100.00
set of used, $ 750.00

early cover, up to 8th. January A$ 2,500.00
later cover. A$ 500.00

on piece with any 70c. early date A$ 350.00
later date, A$ 150.00

So far, as far as I know all items have been sold by finders, Glen who acquired from finders and a few resellers, none have been sold at any Auction Houses,

I will check next New Years Day and see how far out I was but I doubt many will be sold as most have gone to collectors and they will be holding onto them for a long time for their collection not for resale,

You can now show what your Crystal Ball shows and we can compare then.

Pagoda

Very hard call pagoda!

Last 2 kiloware lots x 500g packed 70c on paper 50% comm's & 50% defin's I sold for $90 a throw on ebay very recently.

I do not think it will stay at that price as per thread title stamps and also my other example here, the 70c kiloware.

My crystal ball answer is "The price will half in 1 year!"

KGV,

I don't know what the price of Kiloware or the price of tea in china has to do with it.

Do you mean 50% of current realisations or 50% of my predictions,

Pagoda

When they are cataloged , listed and priced I Believe they will double That's my cracked Crystal ball..

As an Australian collector I am very wary of stamps made "rare" by ebay and the fish that swim over each other grabbing at the bait. The "Adelaide 2016" stamps were not made by the official Government Printing Office and the status of the stamps is not official, nor is the price recognised as yet by official catalogues.

I have spoken to stamp dealers and specialist dealers alike and they remain very cautious about the way the self-adhesive stamps are attracting attention. Theses stamps are being bought at exorbitant prices, it will be a great disappointment if the stamps are not classified as rare and the price tag is a far cry from the prices realised by ebay and private sales.

I will rather wait until the status and value of the stamps become official than to depart with so much money during the baiting season.