Quote:So I sold the $5 on
ebay for $400, less seller fees. Was this a fair price? with a catalogue value above $2000 and the columbians being so highly collectible I could use some reassurance that I did ok. I think so given the apparent regumming and the lack of bottom margin, but still like to hear your opinions on that sale price.
The correct 2018 Scott catalog value in sound condition unused without gum or used is $1,150. Because the stamp is highly sought after, unsound examples sell at a relatively high percentage of catalog value. Ordinary damaged or reperforated stamps sometimes achieve 10 to 20 percent of catalog value on
ebay, but the percentage has dropped over the years because so many are available. If the stamp was properly described and has no appearance defects when viewed in person, about $400 is possibly a fair retail price. Please keep in mind that many
ebay buyers assume that all stamps are faulty unless the seller has a good reputation or can prove otherwise.