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What Are The Odds That Common Stamps Will Make You Rich?

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Bedrock Of The Community
12606 Posts
Posted 12/07/2018   12:15 pm  Show Profile Bookmark this reply Add rogdcam to your friends list  Get a Link to this Reply
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Pillar Of The Community
United States
917 Posts
Posted 12/07/2018   3:22 pm  Show Profile Bookmark this reply Add alub to your friends list  Get a Link to this Reply
and then again, some people seem to only find very rare stamps....




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Valued Member
United States
211 Posts
Posted 01/17/2019   8:38 pm  Show Profile Bookmark this reply Add dsmith426 to your friends list  Get a Link to this Reply
cfrphoto,

What's special about the postcard?
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Pillar Of The Community
United States
719 Posts
Posted 01/17/2019   11:17 pm  Show Profile Bookmark this reply Add centerstage98 to your friends list  Get a Link to this Reply
yes - what is special about the postcard ...
and what is the significance of the above post with the 7 used stamps shown?
thanks
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Pillar Of The Community
United States
1855 Posts
Posted 01/17/2019   11:32 pm  Show Profile Bookmark this reply Add cjpalermo1964 to your friends list  Get a Link to this Reply
Scott 544 on cover?
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Pillar Of The Community
673 Posts
Posted 01/18/2019   02:42 am  Show Profile Bookmark this reply Add ClassicPhilatelist to your friends list  Get a Link to this Reply
Alub,
Don't you just LOVE those?
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Pillar Of The Community
United States
4111 Posts
Posted 01/18/2019   10:23 pm  Show Profile Check eyeonwall's eBay Listings Bookmark this reply Add eyeonwall to your friends list  Get a Link to this Reply
"what is the significance of the above post with the 7 used stamps shown?"
delusional seller
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Pillar Of The Community
United States
1414 Posts
Posted 01/18/2019   11:47 pm  Show Profile Bookmark this reply Add cfrphoto to your friends list  Get a Link to this Reply
cjpalermo1964 wins the prize. The post card, franked with a 544, was unnoticed until an astute LA area dealer found it a few years ago.
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Edited by cfrphoto - 01/18/2019 11:47 pm
Valued Member
United States
211 Posts
Posted 01/19/2019   05:34 am  Show Profile Bookmark this reply Add dsmith426 to your friends list  Get a Link to this Reply
So what is the value to a postcard like that? I thought you were the person who found it. So who was the dealer or is it secret info?
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Pillar Of The Community
Learn More...
United States
1496 Posts
Posted 01/19/2019   05:52 am  Show Profile Bookmark this reply Add JLLebbert to your friends list  Get a Link to this Reply
The CV of a 544 on cover was $35K a year or so ago. The stamp is valued in the grade of fine rather than very fine.
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Pillar Of The Community
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United States
540 Posts
Posted 01/19/2019   1:57 pm  Show Profile Bookmark this reply Add Rhett to your friends list  Get a Link to this Reply
My guess on the L. A. dealer who discovered the 544 on cover would be Jerry Connolly. Just a guess, though.
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Valued Member
United States
211 Posts
Posted 01/19/2019   5:10 pm  Show Profile Bookmark this reply Add dsmith426 to your friends list  Get a Link to this Reply
I'm still really new to stamps, but I did some googling on that 544 and found some auction results:

$4,000 Feb 2015 (4 used on envelope)
$1,400 Dec 2013 (used on postcard)
$3,250 Dec 2010 (used on postcard)

So why such a huge discrepancy with catalog value and sales?

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Pillar Of The Community
Canada
1643 Posts
Posted 01/19/2019   9:20 pm  Show Profile Bookmark this reply Add No1philatelist to your friends list  Get a Link to this Reply
Dsmith426. Catalogue value is exactly that. A suggested retail price and discounted from that, for most general stamps.

What was the condition of the stamps in those auctions, how many bidders were after them, and how deep were their pockets? That is what determines the true value of a given stamp to the person who purchases it.

Mike
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