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General Philatelic/Gen. Discussion : Pricing on Approvals- a Question

 

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Snick1946
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APS Life Member

26 Nov 2015
01:27:06pm
Been in touch with an advertiser re his approval service. He says he asks 75% of Scott for mint and 50% for used- 65% for LH. I was asking about Germany and British but he seems to have that pricing across the board.

This just seems a bit pricey to me but I know there are other factors involved. My inclination is to thank him for the reply and move on. Any thoughts?
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amsd
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Editor, Seal News; contributor, JuicyHeads

26 Nov 2015
02:24:32pm
re: Pricing on Approvals- a Question

in SOR auctions, and I find this true for eBay, too, most GB material except for the truly rare, barely commands 20%, and often much less.

I have found Germany commands higher percentages here and eBay.

that's been my experience, anyway.


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Snick1946
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APS Life Member

26 Nov 2015
02:38:42pm
re: Pricing on Approvals- a Question

I was buying for over a decade from Bellmore and they shut down recently. I was paying 40% of Scoot for mint or used and 8% for defective stamps. The 75% might not be too out of line for mint NH German material but I still think I can do better.

As you say, he has to cover his losses from non paying customers.

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michael78651

27 Nov 2015
12:04:55am
re: Pricing on Approvals- a Question

"My inclination is to thank him for the reply and move on."



If you don't like the price, don't buy.

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cdj1122
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Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..

27 Nov 2015
02:44:13am
re: Pricing on Approvals- a Question

" .....50% for used- ........ Germany and British ...."

I can understand what appears a bit pricey, however, if his material is consistently really nice lightly cancelled (Not favor cancelled, although it is often hard to tell.) postally used. To find such yourself you have to look past a lot of not so good examples, so the seller would be doing that work for you. Also consider that some stamps are readily available in a wide range of condition (eg: UK X-mas stamps), but others seem only to have been used at post offices with automatic smudging cancellers attached to refurbished wheat harvesters.

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".... You may think you understood what you thought I said, but I'm not sure you realize that what you think you heard is not what I thought I meant. .... "
rbpuzzles
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Conquering the world one stamp at a time

28 Nov 2015
09:36:17am
re: Pricing on Approvals- a Question

I was buying approvals from a guy in New York for a while, and the pricing was similar to snick1945 prices. On normal stamps these were a bit high, but if you were a specialist in an area they weren't that bad. The prices were based on Scott, but Scott doesn't list the items that are found in a specialized catalog (In my case, the Edifil catlog). So making finds like a scarce cancel, plate variety, color or shade, not listed in Scott, was very possible. I made many purchases like this.

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Author/Postings
Members Picture
Snick1946

APS Life Member
26 Nov 2015
01:27:06pm

Been in touch with an advertiser re his approval service. He says he asks 75% of Scott for mint and 50% for used- 65% for LH. I was asking about Germany and British but he seems to have that pricing across the board.

This just seems a bit pricey to me but I know there are other factors involved. My inclination is to thank him for the reply and move on. Any thoughts?

Like
Login to Like
this post
Members Picture
amsd

Editor, Seal News; contributor, JuicyHeads
26 Nov 2015
02:24:32pm

re: Pricing on Approvals- a Question

in SOR auctions, and I find this true for eBay, too, most GB material except for the truly rare, barely commands 20%, and often much less.

I have found Germany commands higher percentages here and eBay.

that's been my experience, anyway.


Like
Login to Like
this post

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

juicyheads.com/link. ...
Members Picture
Snick1946

APS Life Member
26 Nov 2015
02:38:42pm

re: Pricing on Approvals- a Question

I was buying for over a decade from Bellmore and they shut down recently. I was paying 40% of Scoot for mint or used and 8% for defective stamps. The 75% might not be too out of line for mint NH German material but I still think I can do better.

As you say, he has to cover his losses from non paying customers.

Like
Login to Like
this post
michael78651

27 Nov 2015
12:04:55am

re: Pricing on Approvals- a Question

"My inclination is to thank him for the reply and move on."



If you don't like the price, don't buy.

Like 
1 Member
likes this post.
Login to Like.

Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..
27 Nov 2015
02:44:13am

re: Pricing on Approvals- a Question

" .....50% for used- ........ Germany and British ...."

I can understand what appears a bit pricey, however, if his material is consistently really nice lightly cancelled (Not favor cancelled, although it is often hard to tell.) postally used. To find such yourself you have to look past a lot of not so good examples, so the seller would be doing that work for you. Also consider that some stamps are readily available in a wide range of condition (eg: UK X-mas stamps), but others seem only to have been used at post offices with automatic smudging cancellers attached to refurbished wheat harvesters.

Like
Login to Like
this post

".... You may think you understood what you thought I said, but I'm not sure you realize that what you think you heard is not what I thought I meant. .... "
Members Picture
rbpuzzles

Conquering the world one stamp at a time
28 Nov 2015
09:36:17am

re: Pricing on Approvals- a Question

I was buying approvals from a guy in New York for a while, and the pricing was similar to snick1945 prices. On normal stamps these were a bit high, but if you were a specialist in an area they weren't that bad. The prices were based on Scott, but Scott doesn't list the items that are found in a specialized catalog (In my case, the Edifil catlog). So making finds like a scarce cancel, plate variety, color or shade, not listed in Scott, was very possible. I made many purchases like this.

Like
Login to Like
this post
        

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