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Europe/Great Britain : Catalogue Values

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angore
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Collector, Moderator
11 Mar 2018
09:47:51am
I had these Scott 114 in an accumulation. The used catalogue value is $3.50. If one inherited the collection they may think they had a major find (cornered the market).

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"Stamp Collecting is a many splendored thing"
Bujutsu
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11 Mar 2018
11:59:56am
re: Catalogue Values

For me personally, the hardest thing to explain to a person who has just inherited a collection, and, are not collectors themselves, is that 'old does not automatically mean, rare and expensive'.

Just for an example, if you have that many stamps of one design, then how many more collectors have the same? I too have a number of those stamps.

There are shades to be considered, some might want cancellations and others would be interested in the 'perfins' from your group. However it would be difficult for anyone to find a number of different people interested in the different aspects of any given accumulation.

Agreed, some people would think they have stumbled across a goldmine, and we all know this is so far from the truth.

Chimo

Bujutsu

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51Studebaker
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Dialysis, damned if you do...dead if you don't
11 Mar 2018
12:50:40pm
re: Catalogue Values

Al,
The same thing happens with old cars. I have been asked to come out and look at ‘an old car in a barn’ hundreds of times over the last 30 years. Nine times out of ten the car is a rusty 1950s four door with little value, often not much more than scrap. Yet the owners typically think of it as some kind of windfall or retirement fund. I often tried hard to get folks to understand what they really had; that the cost of trying to restore a rusted out 4 door would exceed the value of the car 2 or 3 times. Few would listen and instead tell me stories about how someone had offered them thousands of dollars for their $750 car. I have had people accuse me of trying to rip them off which is especially rich given that I only drove out to see it at their request and have no interest in buying their car at all.

It got so old, I finally just stopped going to see cars and just politely tell folks to get an old car price guide and look it up.
Don

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