40 PSE Certs On Ebay 21 Cent Stamps

20 closing now, 21 Cent MNH value stamps certs
all with grades. Why would PSE do that to someone?

edit; I just did a completed sales search, and
the # of listings was closer to 40.
979, 982, 986, 988, 1184, 1173, 1195, C25, C31,
multiples of all of these 21 cent stamps.
The C31 is the only stamp worth anymore.

edit; CK stamps is offering them. I have no problem with CK stamps.

How would we find what you are referring to?

Peter

They are closing on ebay as we speak.
United States stamps, auction only,with no criteria.
Many have closed within the last 30 minutes.

"Why would PSE do that to someone?"

Because someone paid them to do it. PSE is a for profit company, so they were happy to take care of it.

Well now, actually .21 cents is 21/100ths of one cent. I don't think that would be a face value or a catalog value for any of these stamps. You may have intended to write "21 cents" or ".21 dollars". (Sorry, ex-mathematician here.) And I agree with revcollector, the person who submitted these to PSE did so for some personal reason. Perhaps the collector was collecting stamps from that era in graded condition at a certain grade level and did not care about certificate cost versus stamp value. We don't know his motivation or whether he later regretted his decision to submit them to PSE. PSE is not going to turn down the business; it is up to the consumer to decide whether he needs/wants a graded certificate, an extended warranty, an upgraded car wash, a name brand can of beans, etc.

The OP never wrote .21 he wrote "now, Cent" it's a coma to separate the sentence. Look at the space betwen the coma and the 21 ( all true the s is missing and a capital C )

topic title

I edited the title to remove the period in front of 21.

My guess is that when I saw all of these listing's flowing
through ebay, I rushed to get a quick message to you folks.
And then there is the fact that I am not perfect!
I also am a mathematician. Pi R squared or Pi R2?
Wrong! Pies are round , cakes are square! An old math joke.

By the way, the 21 Cent figure came from my 2009 Liberty
Stamp Organizer which I have in my PC. Scott 2015 catalogue value
for those stamps is actually 25 Cents.

Thanks to Petert4522, revcollector, area66, and kuhli,

Hey Rhett,
Thanks for your help in editing.
I was hoping someone else might have said something.
Somethings, like the thought of someone totally being taken
advantage of, I can not just let go of!
What you said has nothing to do with what revcollctor stated!
Do you own an interest in this company?
How could you say that maybe the one that ordered these
40 certs, all of them ebay completed listings will prove!
They needed, 4 sometimes 5 of the same 25 cent stamp cert for
there collection.
They all got 98's because no one has ever submitted one for
a cert before. I do not know that statistic for sure. I would look forward to the #'S. You offered some crazy reasons why someone would do this!
You would think there would have to be, some honor, even
knowing that they are a for profit company.
How would you like it if your estate was brought to this
group for advice and Kapow!
There should be a level of trust!

Rimstamps2012. we are here to help. If this type of thing happens again, post either a link to the ebay lot you are referring to, or give us the lot number. That way we can go to it and see for ourselves what the problem is!

Peter

I'm afraid I'm still having difficulty in seeing the problem (and being unable to see the ebay lots makes it still more difficult). Collectors do financially irrational things all the time - most of us often spend more money on housing our stamps than the stamps themselves are worth, for example. I consider getting a numerical grade for any stamp to be pointless, but, if someone wants to do it, I don't see why a certification organisation would turn down the business, any more than a picture-framer would stop you spending £50 on a frame for a worthless picture.

A picture framer is not one that has a world wide
reputation. What is the matter with you two.
You speak of not being able to locate these listings!
Are you kidding me? Did you want me to ad links to 40+
listings. Are you not so advanced, that you should not
be able to find directed to listings on ebay without a problem!
"Let us know the next time it happens"??? Wow!

This shows most of the ones being talked about;

http://www.ebay.com/sch/1941Now-Unu...045573.m1684

It seems to me that these graded 98's are the losers in the game of finding graded 100's. More price data needed as I am not into this type of thing.

Trouble understanding this thread....
But....

I have no proof of this, but I believe PSE likely gives bulk grading discounts to advertisers and high volume submitters.
Thus, a certificate with grade that might cost me 20$, only costs the company submitting these 7$/stamp.

Thus most 98s sell for 10$+ a pop, --- nice profit for submitter (?ckstamp) in the end as most of these stamps sell for under 25 cents without certificate.

Bulk submitting of modern baseball cards to PSA can be done cheaply ... I think like 5$ a pop if you submit a few hundred!

The probability is very high that the seller was not the person who paid for the grading of these items. The seller almost certainly bought a large lot and these were part of it. He probably paid pennies on the dollar for them since the market is basically in the toilet for most of this type of graded material. Now he is trying to sell them on ebay for something more then he paid for them. If people decide to buy them that is their business and their problem. I think grading in general is silly, and grading these ridiculous, but I don't see a problem with them otherwise.