Quote:
I am not asking you to out who is frustrated - you said dealers plural had left covers and gone to stamps, so it should be public knowledge, just not knowledge I posses.
Jim is the only full time cover dealer I mentioned. The other are multi-facet dealers who are flowing with the market for acquisition. Fewer cover lots bought at auction, more purchases for sales of stamps, supplies, coins, ephemera and the like.
Dealers, for various reasons change targets, the Vogts going all Hawaii and only Hawaii is one of those and they have a storefront in addition to all of the shows they attend. Weisz and his huge stock of hand painted FDCs is another. Dealers often respond to what comes their way rather than trying to force the issue by paying more and more for the same type of inventory.
The point is that the large cover auction lots being vacuumed up by a handful of
ebay cover dealers have made waves in the market place. For some this is good, for others, it is bad; for me, I find it useful to get only individual covers I want off of
ebay, especially the under $50 ones. I do miss folks like Henry Spellman III (postal history only) and Bill Weiss who had auctions which ran individual covers in the $25-50 range and still made a good living.
Posted 04/24/2023 06:00 am
