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Why are stamps from Hungary-Bulgaria so cheap (valuation) ?  
 

 
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Pillar Of The Community
Canada
761 Posts
Posted 12/05/2017   11:30 am  Show Profile Bookmark this topic Add Renden to your friends list  Get a Link to this Message
Presently working on my WWII stamp collection, Part 3 "Axis Powers".
Did the Hungary War stamps of this section and starting inventory on Bulgaria WWII stamps. Compared to other Countries, excluding Hungary and others.....they do not have much value....they are "penny stamps"
Here is a Feb 28, 1944 set, Sc # 434-438. Only the last one is worth a little more....still under 50 cents - but nice stamps, MNH-VF


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Edited by Renden - 12/05/2017 11:31 am

Valued Member
United States
441 Posts
Posted 12/05/2017   1:14 pm  Show Profile Bookmark this reply Add John Freibergs to your friends list  Get a Link to this Reply
As with anything collectible the demand is what drives the price. Apparently the lack of demand for that corner of Europe keeps the price low. Scarcity affects price too, but it's usually demand that wins out.
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Pillar Of The Community
Canada
761 Posts
Posted 12/05/2017   2:29 pm  Show Profile Bookmark this reply Add Renden to your friends list  Get a Link to this Reply
Thanks for the observation (and opinion)John - I also believe som countries have "flooded" the market, affecting the scarcity etc
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Valued Member
Netherlands
264 Posts
Posted 12/05/2017   4:43 pm  Show Profile Bookmark this reply Add Johan Buvelot to your friends list  Get a Link to this Reply
Part of the problem with WW II stamps, is the fact that a lot of them were bought with Black Market money. Soon after the war a lot of black market dealers lost out when governments declared the stamps no longer valid or declared them worthless. This material flooded the market, most of the time unused. This is also the reason why used stamps of that period often have a simular or higher value than unused stamps.(something you rarely see in other time periods).
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Norway
1430 Posts
Posted 12/06/2017   04:23 am  Show Profile Bookmark this reply Add Blaamand to your friends list  Get a Link to this Reply
I think another reason for lack of market for the Bulgarian stamps is that they also flooded the market in terms of number of different stamps issued in the 70's and 80's, and the worst part was maybe that many of those stamps seems to have been very hastily made...same goes for Romania and Hungary, whilst example given Poland, Chzekoslovakia and Russia made some more effort in their stamp production, but that is naturally depending on personal preference by the collectors. At least on the auctions I've attended it seems many agree, extensive collections for the 3 mentioned countries often sell ridiculously cheap, compared with what someone once paid for those stamps.

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Pillar Of The Community
Canada
761 Posts
Posted 12/06/2017   09:18 am  Show Profile Bookmark this reply Add Renden to your friends list  Get a Link to this Reply
Thanks Johan and Blaamand - do agree and this explains what I also have noticed...mint German stamps WWII are frequent in this collection and unused ones are often worth more,as said. They are part of history...
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Pillar Of The Community
Canada
1096 Posts
Posted 12/06/2017   10:25 am  Show Profile Check CanadaStamp's eBay Listings Bookmark this reply Add CanadaStamp to your friends list  Get a Link to this Reply
We need to also refer to the CTO - Cancelled To Order issue. This is the appalling practice of printing stamps never intended to be used for postage but rather to sell in kilo loads to dealers to stuff world sales lots. Watch for the perfect corner cancel - usually a dead give away - because the panes were cancelled intact. CTOs are essentially worthless.
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United States
3028 Posts
Posted 12/07/2017   09:03 am  Show Profile Bookmark this reply Add floortrader to your friends list  Get a Link to this Reply
A lot of countries don't have good control at the printing office and also at the post offices so a lot of nice stamps go out the back door . They end up at the bigger stamp dealers in far away cities in Germany or places like Paris OR London .
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