Stamp Community Family of Web Sites
Thousands of stamps, consistently graded, competitively priced and hundreds of in-depth blog posts to read








Stamp Community Forum
 
Username:
Password:
Save Password
Forgot your Password?

This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Sometimes You Have To Do The Right Thing (Rja Series)

Next Page    
 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 30 / Views: 3,447Next Topic
Page: of 2
Rest in Peace
United States
1738 Posts
Posted 05/05/2018   2:15 pm  Show Profile Bookmark this topic Add James Drummond to your friends list Get a Link to this Message
A seller offered the below stamp on ebay this morning.



This was the item description:



Clearly, the seller had no idea of what he/she was offering. So I sent the seller this message:



And the seller did this, along with several "thank you's:"



What would you have done?

Jim

p.s. I suggested to the seller that she should contact a reputable specialist revenue dealer to sell her stamp to, rather than offer it on ebay. This is what she wrote back:



So, as rogdcam suggests, though there are some angry sharks playing in the murky waters of ebay, there are also some innocent dolphins as well.
Send note to Staff
Edited by James Drummond - 05/05/2018 3:30 pm

Moderator
Learn More...
United States
12330 Posts
Posted 05/05/2018   2:17 pm  Show Profile Bookmark this reply Add 51studebaker to your friends list  Get a Link to this Reply
Jim,
That was very nice of you, thank you.
Don
Send note to Staff  Go to Top of Page
Pillar Of The Community
Canada
1449 Posts
Posted 05/05/2018   2:25 pm  Show Profile Bookmark this reply Add Renden to your friends list  Get a Link to this Reply
Nice indeed and you should be proud of yourself !
René
Send note to Staff  Go to Top of Page
Pillar Of The Community
Learn More...
United States
5460 Posts
Posted 05/05/2018   2:28 pm  Show Profile Bookmark this reply Add redwoodrandy to your friends list  Get a Link to this Reply
Kudos!
Send note to Staff  Go to Top of Page
Bedrock Of The Community
12569 Posts
Posted 05/05/2018   3:14 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
It is sad that doing the right thing is now seen as extraordinary. It is supposed to be the rule not the exception.
Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
867 Posts
Posted 05/05/2018   3:24 pm  Show Profile Bookmark this reply Add revenuermd to your friends list  Get a Link to this Reply
The stamp is now relisted with a start price of $499.99.

https://www.ebay.com/itm/US-STAMPS-...AOSwZ5Ra7fmz

This appears to be the fifteenth copy that I have recorded. Twelve of the fifteen are on Buffalo printed documentary stamps (the Scott Specialized calls it type 2, with no dots in the circles to the left and right of the word CENTS). The BEP prints (Scott Specialized type 1, with dots in the circles) are decidedly scarcer. The example on ebay is on a Buffalo print. As Jim has noted this example is in damaged condition, arguably one of the poorest in condition that I have seen.

Richard Friedberg has one of the Buffalo prints listed on his website with a thin priced at full catalog, but its appearance is far, far superior to the one being highlighted here.
Send note to Staff  Go to Top of Page
Ron Lesher
Edited by revenuermd - 05/05/2018 3:56 pm
Rest in Peace
United States
1738 Posts
Posted 05/05/2018   3:36 pm  Show Profile Bookmark this reply Add James Drummond to your friends list  Get a Link to this Reply

Quote:
This appears to be the fifteenth copy that I have recorded.


For those that are interested, here is a census of the copies that I have seen. Image is from my book.

Jim

Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
867 Posts
Posted 05/05/2018   4:10 pm  Show Profile Bookmark this reply Add revenuermd to your friends list  Get a Link to this Reply
Jim,

You have recorded three more than me, but I note that like me you have only recorded three on the BEP print stamps.
Send note to Staff  Go to Top of Page
Ron Lesher
Rest in Peace
United States
1738 Posts
Posted 05/05/2018   4:40 pm  Show Profile Bookmark this reply Add James Drummond to your friends list  Get a Link to this Reply
Ron,

The two different printings of the one cent documentary stamps that were overprinted by Lily then suggests that at least two panes were overprinted, all with the same date.

Since the documentary stamps were issued in panes of 100, then at least 200 Lily stamps were overprinted, and presumably used.

With about 18 copies currently accounted for, that means the survival rate for this stamp is around 10 percent.

That seems pretty high to me. What do you think?

Jim
Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
867 Posts
Posted 05/05/2018   5:09 pm  Show Profile Bookmark this reply Add revenuermd to your friends list  Get a Link to this Reply
I think you have greatly underestimated the number of sheets that were overprinted/cancelled. Do you really think that Lily only manufactured and sent out 200 packages of narcotics on that date?
Send note to Staff  Go to Top of Page
Ron Lesher
Rest in Peace
United States
1738 Posts
Posted 05/05/2018   5:31 pm  Show Profile Bookmark this reply Add James Drummond to your friends list  Get a Link to this Reply
Ron,

I stated that the different printings show that at least two panes were overprinted (i. e. at a minimum), and at 18 known copies that represents a ten percent survival rate.

I stated that that percentage seems pretty high.

The implication therefore is that many more than two panes were overprinted.

Sorry that I didn't make that more clear.

Jim
Send note to Staff  Go to Top of Page
Pillar Of The Community
Canada
1449 Posts
Posted 05/05/2018   6:09 pm  Show Profile Bookmark this reply Add Renden to your friends list  Get a Link to this Reply
Jsmes

Usually do not follow US (BOB) posts but your thread is impressive, so are the comments and I am learning at the same time....

René
Send note to Staff  Go to Top of Page
Pillar Of The Community
United States
791 Posts
Posted 05/05/2018   7:05 pm  Show Profile Bookmark this reply Add 1typesetter to your friends list  Get a Link to this Reply
Jim,

I saw that this morning and immediately put it on my watch list. I am pretty confident that it would have gone significantly higher than the starting bid.

Regardless, I expect some fierce bidding towards the end.

Send note to Staff  Go to Top of Page
Rest in Peace
United States
1738 Posts
Posted 05/05/2018   7:45 pm  Show Profile Bookmark this reply Add James Drummond to your friends list  Get a Link to this Reply
Thanks Tom,

My census records show that the cheapest of these stamps sold for $400 in 2016 for stamp #7, and the most was stamp #4 for $7,500 in 2006.

Most were sold from $2,000 to $4,000.

So Linda's stamp should sell for at least $500, in my opinion.

It has its problems, but there are only about 17 other copies to chose from.

Jim
Send note to Staff  Go to Top of Page
Rest in Peace
United States
4052 Posts
Posted 05/05/2018   11:34 pm  Show Profile Bookmark this reply Add ikeyPikey to your friends list  Get a Link to this Reply
Well done, James.
Send note to Staff  Go to Top of Page
Bedrock Of The Community
United States
10632 Posts
Posted 05/06/2018   12:03 am  Show Profile Bookmark this reply Add revcollector to your friends list  Get a Link to this Reply
It probably would have found it's natural level anyway, but this way it's more likely.
Send note to Staff  Go to Top of Page
Page: of 2 Previous TopicReplies: 30 / Views: 3,447Next Topic  
Next Page
 
To participate in the forum you must log in or register.

Go to Top of Page

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Stamp Community assumes no liability for errors. Copyright 2005 - 2026 Stamp Community Family - All rights reserved worldwide. Use of any images or content on this website without prior written permission of Stamp Community or the original lender is strictly prohibited.
Privacy Policy / Terms of Use    Advertise Here
Stamp Community Forum © 2007 - 2026 Stamp Community Forums
It took 0.23 seconds to lick this stamp. Powered By: Snitz Forums 2000 Version 3.4.05