" .... Now, think about this. The same guy who bought these sheets at a price low enough that he could make a profit at 50% face value thought that he was selling genuine collectibles. ..."
Some of these sellers think that old means collectable and valuable. The older the more collectable. Volume, supply and demand are a foreign constructs.
I see now that I was unclear.
The 'Tag Sale' guy was clearly a commercial flea market dealer who moved indoors - renting a meeting room in a midtown hotel - to escape the NYC winter.
These were not his stamps. He had bought them, at a severe discount, and was selling them, at a marked-up-but-still-severely-discounted price.
I don't know how you pay (perhaps) 10-20c for something that someone bought for a dollar, and sell it for 50c, and think the buyers would be 'collectors'.
Cheers,
/s/ ikeyPikey
50% is a good deal. 70% is about the best price I found when searching. I did a lot of mailings with that stuff and a few of my clients made a comment (always positive) about it.
"... 70% is about the best price I found ..."
Several days ago, as I stood in line at the local Post Office with an envelope of auction lots to one of my buyers, with several older stamps on the envelope, someone behind me in line said 'Don't use those stamps; they're worth a lot of money!'.
I replied 'no, they're not; and this is going to a stamp collector'. 'Oh' was the reply, 'that's OK then'.
So the general population still thinks those 'old stamps' are worth a lot of money, while those of us who know, realize that the 3-4-5-6-8-10 centers are a drug on the market.
Marilyn aka 'SeawayMa'
" are a drug on the market"
Note to mods: This is not an offer to sell or a solicitation of any offer to buy. It was a one-day thing, and its over.
Mint Face Value Postage @ 50%
The hotel meeting room next door to a recent meeting of my favorite postcard club was taken by a fellow with a 'Tag Sale'.
There was the usual garage sale stuff, and there was some just-a-little-better-than-garage-sale stuff.
And there were also two cartons full of US mint sheets (mostly 30-odd-cent era), with their very high quality USPS stiffeners inside their USPS factory-sealed cellophane wrappers.
He was selling these at 50% face value, and not a few of us (the current domestic postcard rate being 30-odd-cents) bought a few.
I guess that he had not had all that much success selling MFVP sheets in the past, because he finally asked one of us what we were going to do with all of those stamps.
Much to his chagrin, the answer was, of course, "postage".
He replied that he had thought that he would be selling the stamps to "collectors" for "collecting".
Now, think about this. The same guy who bought these sheets at a price low enough that he could make a profit at 50% face value thought that he was selling genuine collectibles.
I mean, like, you'd think that he oughta be the first one to know better, right?
Cheers,
/s/ ikeyPikey
re: Mint Face Value Postage @ 50%
" .... Now, think about this. The same guy who bought these sheets at a price low enough that he could make a profit at 50% face value thought that he was selling genuine collectibles. ..."
Some of these sellers think that old means collectable and valuable. The older the more collectable. Volume, supply and demand are a foreign constructs.
re: Mint Face Value Postage @ 50%
I see now that I was unclear.
The 'Tag Sale' guy was clearly a commercial flea market dealer who moved indoors - renting a meeting room in a midtown hotel - to escape the NYC winter.
These were not his stamps. He had bought them, at a severe discount, and was selling them, at a marked-up-but-still-severely-discounted price.
I don't know how you pay (perhaps) 10-20c for something that someone bought for a dollar, and sell it for 50c, and think the buyers would be 'collectors'.
Cheers,
/s/ ikeyPikey
re: Mint Face Value Postage @ 50%
50% is a good deal. 70% is about the best price I found when searching. I did a lot of mailings with that stuff and a few of my clients made a comment (always positive) about it.
re: Mint Face Value Postage @ 50%
"... 70% is about the best price I found ..."
re: Mint Face Value Postage @ 50%
Several days ago, as I stood in line at the local Post Office with an envelope of auction lots to one of my buyers, with several older stamps on the envelope, someone behind me in line said 'Don't use those stamps; they're worth a lot of money!'.
I replied 'no, they're not; and this is going to a stamp collector'. 'Oh' was the reply, 'that's OK then'.
So the general population still thinks those 'old stamps' are worth a lot of money, while those of us who know, realize that the 3-4-5-6-8-10 centers are a drug on the market.
Marilyn aka 'SeawayMa'
re: Mint Face Value Postage @ 50%
" are a drug on the market"