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Pillar Of The Community
United States
6664 Posts |
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Pillar Of The Community
United States
2555 Posts |
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Quote:
IMHO we should be celebrating the health of a hobby that has such a wonderful secondary market and defined values and not bemoaning the fact that stamps in this exquisite condition sell for much more than their more ordinary counterparts. I would not be looking at these realizations to gauge the health of the hobby. The buying patterns of the rank and file members of the hobby would be a better metric to analyze. Take away the graded PSE cert, and in most cases the value of these "exquisite" stamps would plummet. I would not call that healthy, I would call it advanced life support. |
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Bedrock Of The Community
12647 Posts |
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Pillar Of The Community
United States
6459 Posts |
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I missed a memo somewhere: The stamp market is crashing?
I've seen reports that it is stagnant and/or trending downwards in certain areas.
That doesn't mean "crashing"... unless you listen to the "Sky is falling OMFG!" crowd.
Certain areas are quite vibrant. |
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Bedrock Of The Community
United States
10753 Posts |
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Pillar Of The Community
United States
1829 Posts |
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The inverted Jenny that sold for $1,175,000 (not including premium) last year was graded 95 by PSE. I'm sure that contributed to the realization. I got caught up in the bidding a bit yesterday, but only won one stamp for $200. Second cheapest stamp in the auction - lol. Still I probably overpaid, but, well it is a nice one. (lot 96 - not graded) |
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| Edited by rlsny - 09/20/2017 12:51 pm |
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Pillar Of The Community
United States
540 Posts |
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Bedrock Of The Community
12647 Posts |
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Pillar Of The Community
United States
1125 Posts |
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Bedrock Of The Community
12647 Posts |
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Bedrock Of The Community
12647 Posts |
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Pillar Of The Community
United States
1756 Posts |
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Quote:
My Jenny is bigger than your Jenny! Take that! I'll trade you 6 Jennies for a photo of Alex with the #10 in each corner...   |
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Pillar Of The Community
United States
540 Posts |
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Bedrock Of The Community
12647 Posts |
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Rhett - It just seems ridiculous to get into a grading contest of stamps that 99.999 percent of us will never even come close to owning. They will and are owned by a wealthy few and institutions. Do these people actually need PSE to validate whether or not any given Jenny is worthy? "I cannot own a lowly 75! It must be a 90 or higher." They are free to do what they will, it just seems to have reached new hides of ludicrousness. |
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Pillar Of The Community
United States
540 Posts |
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rodgcam, that is exactly the point to me; it is their stamp and they can do what they want with it. We are in agreement on that. If they perceive value in certification and/or grading, then they should do so. On an inverted jenny, it is a decision I will never have to make - lol! |
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Replies: 229 / Views: 35,518 |
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Posted 09/20/2017 11:08 am
