Discussion - Member to Member Sales - Research Center
Discussion - Member to Member Sales - Research Center
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Is there a story behind Dominican Republic Scott 144a - 150a? The 1902 issues all with inverted centers? Why would they be so affordable? Is it like the Dag Hammarskjöld invert?
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They are valued over 30 times the value of the regular stamps ($3.25 for the regular set, $105.00 for the inverts). They are not common, but there are plenty of them around. I think also you have the lack of demand for most Latin American stamps.
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My 2011 Scott Classic Specialized gives a value of $36.00 unused and $21.00 for used for the 6 stamp set of inverts. Have they jumped that much in the last few years? I was also wondering if anyone knew if they were a legit error or a philatelic contrivance.
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The value I quoted is the 2017 catalog value. The values for each set is the same for unused or used.
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There are a lot of unknowns regarding the 1902 series
A contract for 5,000 Pesos between the Dominican Government and a Mr. José MarÃa Giordani (General Consul of Guatemala and Costa Rica ) was signed for 60,000 sets and 50,000 of the official postage stamps, to be delivered on December 31, 1901. He would also get back any remainders. The contract was very similar to the one with Seebeck years earlier.
There is speculation Mr. Giordani also prepared "errors" of the stamps in large quantities.
However Mr. Giordani was also known to have produced fake covers and was removed from his position due to other shady dealings.
The full amount of stamps may not have been delivered.
The balance of the issue apparently ended up with Bela Szekula a dealer in Geneva who also purchased 55 million of the Seebeck stamps. Szekula was known to have fabricated fake cancels and covers with the DR stamps to meet demands.
In 2010, one could buy the full set of inverts for under $20 but they have suddenly become very much in demand. Linns noted them as a "hot Buy" last year.
Sometimes stamps of a contrived or speculative nature can suddenly be in demand.
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Thanks Michael and James for the info.
That's a huge jump in cat. value.
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08:42:37pm
This was an unrelated discussion. It is now its own discussion in a more appropriate topic category.
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08:42:38pm
re: Dominican Republic Inverts
Is there a story behind Dominican Republic Scott 144a - 150a? The 1902 issues all with inverted centers? Why would they be so affordable? Is it like the Dag Hammarskjöld invert?
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03:30:16pm
re: Dominican Republic Inverts
They are valued over 30 times the value of the regular stamps ($3.25 for the regular set, $105.00 for the inverts). They are not common, but there are plenty of them around. I think also you have the lack of demand for most Latin American stamps.
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10:53:44pm
re: Dominican Republic Inverts
My 2011 Scott Classic Specialized gives a value of $36.00 unused and $21.00 for used for the 6 stamp set of inverts. Have they jumped that much in the last few years? I was also wondering if anyone knew if they were a legit error or a philatelic contrivance.
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12:02:03am
re: Dominican Republic Inverts
The value I quoted is the 2017 catalog value. The values for each set is the same for unused or used.
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10:44:05am
re: Dominican Republic Inverts
There are a lot of unknowns regarding the 1902 series
A contract for 5,000 Pesos between the Dominican Government and a Mr. José MarÃa Giordani (General Consul of Guatemala and Costa Rica ) was signed for 60,000 sets and 50,000 of the official postage stamps, to be delivered on December 31, 1901. He would also get back any remainders. The contract was very similar to the one with Seebeck years earlier.
There is speculation Mr. Giordani also prepared "errors" of the stamps in large quantities.
However Mr. Giordani was also known to have produced fake covers and was removed from his position due to other shady dealings.
The full amount of stamps may not have been delivered.
The balance of the issue apparently ended up with Bela Szekula a dealer in Geneva who also purchased 55 million of the Seebeck stamps. Szekula was known to have fabricated fake cancels and covers with the DR stamps to meet demands.
In 2010, one could buy the full set of inverts for under $20 but they have suddenly become very much in demand. Linns noted them as a "hot Buy" last year.
Sometimes stamps of a contrived or speculative nature can suddenly be in demand.
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10:50:54am
re: Dominican Republic Inverts
Thanks Michael and James for the info.
That's a huge jump in cat. value.
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