"Your inventory is a waste of time ,most dealers could careless."
Well, I'll give one example of where NO INVENTORY was a great benefit to me and cost a vendor a bundle.
Years ago before the Internet made buying stamps easier I bid on a number of lots with a well known auction house in the UK.
The lot had a description: D1 x XX, 263 x XX, 310 x XX, etc, etc, etc.
All were described as MNH and I thought well, that's interesting, and put in a bid. To my surprise I actually won the lot at just over the reserve.
The lot took a while to get to me and when I opened it up............
Yep, the stamps were ALL MNH and they were in blocks. Plate blocks, half sheets, complete sheets, and the such. All with those nifty little inscriptions and numbers!
Not one mention that the stamps were in blocks let alone plate blocks, half sheets or complete sheets.
Have never seen a plate block of D1 that size at auction in the past 35 years or so. I wrote to an auction house in that country shortly after winning the lot and was given an estimate at that time of twice the value of the entire lot for the one block.
One of the nice items in my collection.
However, the next couple of lots from that 'famous auction house' turned out to be just the opposite. Real crap, if I say so.
Bought a couple of USA Duck stamp collections (Federal and State)and they were described as 'mint'. Yeah, they were mint..............the collector who assembled them washed the gum off over 50% of the stamps in the collection.
This included the expensive Governor's edition stamps in the lot. Took me years and years to get rid of them and IIRC lost money on them.
So, yes, an inventory with detailed information by the collector for the better items in your collection is necessary. |
Posted 03/29/2021 8:06 pm
