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General Philatelic/Gen. Discussion : stamp prices nose diving ?

 

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philb
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06 May 2024
05:50:33pm

Auctions
A friend sent me a blub about stamp prices nose diving due to the older collectors passing. To me it looks like a buying opportunity...i am not concerned about the value of stamps on the day of my demise. Cheerful eh ?
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"And every hair is measured like every grain of sand"
smauggie
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06 May 2024
05:55:11pm
re: stamp prices nose diving ?

Yes, on the day of my demise philately will not be on my mind.

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canalzonepostalhistory.wordpress.com
ernieinjax
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APS 203949

06 May 2024
05:58:59pm
re: stamp prices nose diving ?

Stamp prices are definitely not nose diving.

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musicman
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APS #213005

07 May 2024
07:51:38am
re: stamp prices nose diving ?

If true - which is very debatable- - then that would be a positive for me, as I collect for fun - not profit.

More affordable stamps coming on the market!

This has been debated to death over the last many, many decades.

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amsd
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Editor, Seal News; contributor, JuicyHeads

07 May 2024
08:59:16am
re: stamp prices nose diving ?

there are ebbs and flows; some stuff goes up, others down. Early GB can be had at 5% CV; US CE1 and 2 tied to cover range from 50c to $20... just two examples. But stuff I collect is going up, not down. Pity I'm not in a selling mood.

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Harvey
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This is my diabetic cat OBI! I think, therefore I am - I think! Descartes, sort of!

07 May 2024
01:01:21pm
re: stamp prices nose diving ?

I think the hobby as we know it is going to go through major changes as older collectors die. I can't imagine exactly what these changes will be, but I am sure they will happen. I don't think most new collectors will be interested in "classic" material, but all of this is only my opinion and I have been wrong many times and may be wrong about this as well. I just know that many things known as "antiques" have gone through major changes in price and desirability. Some things are actually more collectible, most have gone the other way. What will happen to the stamp market? Who knows? But IMHO it will change!

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"Some people see things that are and ask, Why? Some people dream of things that never were and ask, Why not? Some people have to go to work and don't have time for all that. George Carlin"
musicman
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APS #213005

07 May 2024
01:28:40pm
re: stamp prices nose diving ?

“The Only Constant in Life Is Change.”- Heraclitus

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londonbus1
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08 May 2024
04:53:03am
re: stamp prices nose diving ?

Looking from the branches of the Cinderella Tree, the nose-diving is a long way off.

Hence I can afford very little.

Londonbus1

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angore
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Al
Collector, Moderator

08 May 2024
05:57:22am
re: stamp prices nose diving ?

Buying prices (as selling to a dealer) or selling prices (as selling to a collector)?

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Harvey
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This is my diabetic cat OBI! I think, therefore I am - I think! Descartes, sort of!

08 May 2024
02:38:19pm
re: stamp prices nose diving ?

I recently found something that shocked me a bit. I went into the member's data base and spent a couple hours just looking at the information. I was amazed by the number of members who had been members for several years who had never bought or sold a stamp and whom I had never seen in the discussion forum. I am not criticizing anyone, I'm just really curious why they are here. Maybe it's just to get information from the discussion area, which is fine. Has anyone ever done a comprehensive study to find out what percentage of our 803 members buy or sell stamps here? Again, none of this was meant as a criticism, just an observation!

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"Some people see things that are and ask, Why? Some people dream of things that never were and ask, Why not? Some people have to go to work and don't have time for all that. George Carlin"
Brechinite

08 May 2024
04:07:32pm

Approvals
re: stamp prices nose diving ?

" Has anyone ever done a comprehensive study to find out what percentage of our 803 members buy or sell stamps here?"



Yes I did it several months maybe a year ago. I'll dig out the numbers later.

You can do it yourself but it takes time. All you need to do is note down the number of sellers and their names that list in the auctions. The same for Approvals. Then go into each sellers sales and get the names of the buyers and total them up. Remember that some sellers only sell in the auctions, some sellers only sell in the approvals and some sellers sell in both. The same applies to Buyers.

From memory it was 40-50 sellers and around 120-150 buyers.
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cougar
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08 May 2024
07:16:05pm
re: stamp prices nose diving ?

My main concern with older collectors passing is not so much what it does to stamp prices but what percentage of those collections survive the "ownership change" and what percentage of them are simply landfilled.

I know nobody of the people I have around me will take the time to properly evaluate and resell my collection of tens of thousands of mostly cheap stamps.

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cardstamp
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08 May 2024
09:54:27pm

Approvals
re: stamp prices nose diving ?

One of the reasons I started selling off the huge collection my father had and parts of my own collection many years ago was just for the reason that I was afraid that someday the stamp collections would wind up in the dump. I have no children and my nephews and niece have absolutely no interest in stamps. So obvioousy I can not take it with me - so that is was my motivation to start selling. I still have several of my own collections which I have not parted with but I think about it all of the time. It is no longer a matter if I will sell them but when ?

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Harvey
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This is my diabetic cat OBI! I think, therefore I am - I think! Descartes, sort of!

08 May 2024
10:02:13pm
re: stamp prices nose diving ?

"I was afraid that someday the stamp collections would wind up in the dump. "


I have a local stamp dealer that I have been dealing with since 1972, starting with his father who passed the business on to his son. My will specifies my collection goes to him to sell as he wishes sharing the proceeds with charity and himself. I've spent much money and time on the collections and would love to have someone to pass them on to, but I don't. This was my way out and I think this will work well. Surely most people, with a bit of thought, could come up with something similar! How about passing it on to a local stamp club. Maybe a local school or library would be interested.
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"Some people see things that are and ask, Why? Some people dream of things that never were and ask, Why not? Some people have to go to work and don't have time for all that. George Carlin"
Brechinite

09 May 2024
10:53:22am

Approvals
re: stamp prices nose diving ?

At present there are 26 Sellers in the auctions(10 of which also sell in the Approvals) and 41 Sellers in the Approvals.

Therefore there are currently 57 different members selling.

The easiest way to determine the number of members buying is for Tim to release the number of individual members that were sent invoices over the past couple of months (ie for April and for March) If it is possible.


EDIT


It took an hour or two but the number of members who bought in the Auctions and Approvals over the last 30 days is 107. This number includes the sellers that bought as well.

EDIT EDIT

Eleven of the sellers also bought items from members during the last 30 days.

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"Gonnae no dae that!..........Just gonnae no!"
        

 

Author/Postings
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philb

06 May 2024
05:50:33pm

Auctions

A friend sent me a blub about stamp prices nose diving due to the older collectors passing. To me it looks like a buying opportunity...i am not concerned about the value of stamps on the day of my demise. Cheerful eh ?

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6 Members
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"And every hair is measured like every grain of sand"
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smauggie

06 May 2024
05:55:11pm

re: stamp prices nose diving ?

Yes, on the day of my demise philately will not be on my mind.

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canalzonepostalhisto ...
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ernieinjax

APS 203949
06 May 2024
05:58:59pm

re: stamp prices nose diving ?

Stamp prices are definitely not nose diving.

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musicman

APS #213005
07 May 2024
07:51:38am

re: stamp prices nose diving ?

If true - which is very debatable- - then that would be a positive for me, as I collect for fun - not profit.

More affordable stamps coming on the market!

This has been debated to death over the last many, many decades.

Like 
4 Members
like this post.
Login to Like.
Members Picture
amsd

Editor, Seal News; contributor, JuicyHeads
07 May 2024
08:59:16am

re: stamp prices nose diving ?

there are ebbs and flows; some stuff goes up, others down. Early GB can be had at 5% CV; US CE1 and 2 tied to cover range from 50c to $20... just two examples. But stuff I collect is going up, not down. Pity I'm not in a selling mood.

Like 
2 Members
like this post.
Login to Like.

"Save the USPS, buy stamps; save the hobby, use commemoratives"

juicyheads.com/link. ...

This is my diabetic cat OBI! I think, therefore I am - I think! Descartes, sort of!
07 May 2024
01:01:21pm

re: stamp prices nose diving ?

I think the hobby as we know it is going to go through major changes as older collectors die. I can't imagine exactly what these changes will be, but I am sure they will happen. I don't think most new collectors will be interested in "classic" material, but all of this is only my opinion and I have been wrong many times and may be wrong about this as well. I just know that many things known as "antiques" have gone through major changes in price and desirability. Some things are actually more collectible, most have gone the other way. What will happen to the stamp market? Who knows? But IMHO it will change!

Like 
1 Member
likes this post.
Login to Like.

"Some people see things that are and ask, Why? Some people dream of things that never were and ask, Why not? Some people have to go to work and don't have time for all that. George Carlin"
Members Picture
musicman

APS #213005
07 May 2024
01:28:40pm

re: stamp prices nose diving ?

“The Only Constant in Life Is Change.”- Heraclitus

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londonbus1

08 May 2024
04:53:03am

re: stamp prices nose diving ?

Looking from the branches of the Cinderella Tree, the nose-diving is a long way off.

Hence I can afford very little.

Londonbus1

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4 Members
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Members Picture
angore

Al
Collector, Moderator
08 May 2024
05:57:22am

re: stamp prices nose diving ?

Buying prices (as selling to a dealer) or selling prices (as selling to a collector)?

Like 
1 Member
likes this post.
Login to Like.

"Stamp Collecting is a many splendored thing"

This is my diabetic cat OBI! I think, therefore I am - I think! Descartes, sort of!
08 May 2024
02:38:19pm

re: stamp prices nose diving ?

I recently found something that shocked me a bit. I went into the member's data base and spent a couple hours just looking at the information. I was amazed by the number of members who had been members for several years who had never bought or sold a stamp and whom I had never seen in the discussion forum. I am not criticizing anyone, I'm just really curious why they are here. Maybe it's just to get information from the discussion area, which is fine. Has anyone ever done a comprehensive study to find out what percentage of our 803 members buy or sell stamps here? Again, none of this was meant as a criticism, just an observation!

Like
Login to Like
this post

"Some people see things that are and ask, Why? Some people dream of things that never were and ask, Why not? Some people have to go to work and don't have time for all that. George Carlin"
Brechinite

08 May 2024
04:07:32pm

Approvals

re: stamp prices nose diving ?

" Has anyone ever done a comprehensive study to find out what percentage of our 803 members buy or sell stamps here?"



Yes I did it several months maybe a year ago. I'll dig out the numbers later.

You can do it yourself but it takes time. All you need to do is note down the number of sellers and their names that list in the auctions. The same for Approvals. Then go into each sellers sales and get the names of the buyers and total them up. Remember that some sellers only sell in the auctions, some sellers only sell in the approvals and some sellers sell in both. The same applies to Buyers.

From memory it was 40-50 sellers and around 120-150 buyers.
Like 
2 Members
like this post.
Login to Like.

"Gonnae no dae that!..........Just gonnae no!"
Members Picture
cougar

08 May 2024
07:16:05pm

re: stamp prices nose diving ?

My main concern with older collectors passing is not so much what it does to stamp prices but what percentage of those collections survive the "ownership change" and what percentage of them are simply landfilled.

I know nobody of the people I have around me will take the time to properly evaluate and resell my collection of tens of thousands of mostly cheap stamps.

Like
Login to Like
this post
Members Picture
cardstamp

08 May 2024
09:54:27pm

Approvals

re: stamp prices nose diving ?

One of the reasons I started selling off the huge collection my father had and parts of my own collection many years ago was just for the reason that I was afraid that someday the stamp collections would wind up in the dump. I have no children and my nephews and niece have absolutely no interest in stamps. So obvioousy I can not take it with me - so that is was my motivation to start selling. I still have several of my own collections which I have not parted with but I think about it all of the time. It is no longer a matter if I will sell them but when ?

Like 
2 Members
like this post.
Login to Like.

www.hipstamp.com/sto ...

This is my diabetic cat OBI! I think, therefore I am - I think! Descartes, sort of!
08 May 2024
10:02:13pm

re: stamp prices nose diving ?

"I was afraid that someday the stamp collections would wind up in the dump. "


I have a local stamp dealer that I have been dealing with since 1972, starting with his father who passed the business on to his son. My will specifies my collection goes to him to sell as he wishes sharing the proceeds with charity and himself. I've spent much money and time on the collections and would love to have someone to pass them on to, but I don't. This was my way out and I think this will work well. Surely most people, with a bit of thought, could come up with something similar! How about passing it on to a local stamp club. Maybe a local school or library would be interested.
Like 
2 Members
like this post.
Login to Like.

"Some people see things that are and ask, Why? Some people dream of things that never were and ask, Why not? Some people have to go to work and don't have time for all that. George Carlin"
Brechinite

09 May 2024
10:53:22am

Approvals

re: stamp prices nose diving ?

At present there are 26 Sellers in the auctions(10 of which also sell in the Approvals) and 41 Sellers in the Approvals.

Therefore there are currently 57 different members selling.

The easiest way to determine the number of members buying is for Tim to release the number of individual members that were sent invoices over the past couple of months (ie for April and for March) If it is possible.


EDIT


It took an hour or two but the number of members who bought in the Auctions and Approvals over the last 30 days is 107. This number includes the sellers that bought as well.

EDIT EDIT

Eleven of the sellers also bought items from members during the last 30 days.

Like 
3 Members
like this post.
Login to Like.

"Gonnae no dae that!..........Just gonnae no!"
        

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