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General Philatelic/Gen. Discussion : Values of unused hinged modern stamps

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angore
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Collector, Moderator
02 May 2021
06:58:50am
In the Scott catalog, the values after a certain year is valued in never hinge condition. There is no value for a hinged unused for these issues.

For example, Great Britain 1sh6p 1947 QEII Boy Scout issue (Scott 336) is listed as $4.50 (2016 catalog) in unused NH. So, how does one decide the relative value of the hinged version. This is most relevant for 1945 to around 1960.

Many sellers often price their material at a percentage of catalog (whether we like it or not) but how do they calculate for hinged when there is no value. It does not really matter whether it is a catalog price or not but just deciding the value of a NH vs hinged.

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1938324
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02 May 2021
07:52:35am

Auctions - Approvals
re: Values of unused hinged modern stamps

For what it's worth. I price MNH Items at 45% of CV, M hinged Items at 40% of CV, Postal Used Items at 35% of CV, and CTO Items at 30% of CV. If they don't sell I Relist them at 20% less, until the price becomes in the $.12 range. I then remove the Items to be donated, or whatever. For Ebay I relist the Items at 5% less until the price becomes in the $1.00 - $2.00 range and then I remove them. For Hipstamp I pretty much price the Items and ignore them. This all seems to work pretty well for me.

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Brechinite
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Neddie Seagoon from The Telegoons
02 May 2021
09:44:15am

Auctions - Approvals
re: Values of unused hinged modern stamps

Quote:

"Many sellers often price their material at a percentage of catalog (whether we like it or not) but how do they calculate for hinged when there is no value."



Sellers have no other option but to take the Scott "value" and come up with some sort of percentage whether it is MNH, MH, Used or CTO.
The seller then lists the item and hopes and prays that somebody buys it!

Some sellers like Stanley Gibbons sell at 100% of their catalogue "value".
Some sellers sell at 10% of catalogue. So there can be very very very diverse values placed on a particular item.

Even the catalogues available to a stamp collector cannot agree the "value" of a particular stamp or set therefore any seller on here or any other sales platform is making a guess and hoping for the best.

"Value" can only be decided by a buyer. It is what they are willing to pay for an item that determines the "value".

Anyone that is looking for a defining "value" or percentage of an item is wasting their time.

The "Market" will decide!

All hail to the "Market".
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jbaxter5256
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02 May 2021
11:42:02am
re: Values of unused hinged modern stamps

Most of the time I assume hinged catalog values for modern stamps are half of the mnh value. Simlarly older stamps that are definitely not VF or with hinge remnants that are non-peelable I tend to assume catalog value should be half of the Scott listed valuation.

Once I have the adjusted catalog value then I look at the issue's interest to me in determining a purchase value. In most cases for individual stamps or sets I find that 20-35% of the adjusted (or unadjusted if the stamp is sound and VF) catalog value makes it through my purchase filter which is admittedly quite loose at times in both directions. Centering and absence of any form of surface stain matters more to me than clean hinge remnant as long as no thin exists. I tend to ignore collector added details on the back of stamps (nothing could be uglier than the signatures and marks on the world's most valuable stamp, the British Guiana 1856 magenta 1 cent).

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Brechinite
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Neddie Seagoon from The Telegoons
02 May 2021
12:02:53pm

Auctions - Approvals
re: Values of unused hinged modern stamps

Yup!

Everyone has their own individual parameters for placing a "value" on a particular item.

My own parameters depend on the phases of the moon and whether the sheep in the field are facing North, South, East or West. (I am in big trouble if they are facing NNE)

Rolling On The Floor Laughing

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Harvey
I think, therefore I am - I think!
02 May 2021
12:04:30pm
re: Values of unused hinged modern stamps

I guess I'm a bit weird but... I really don't care if there is a hinge remnant on the back of a used stamp, to me it is still the used value. If some one tried to remove it and left a thin spot, then that's different because the stamp is damaged. I also don't mind if someone has a penciled in mark on the back of the stamp if it is used. If it were mint I would consider it as I would consider a hinge mark. If it was an authentication mark I think I would still consider it MNH, but maybe I shouldn't. I guess the main point is that I am not picky unless the stamp has actual damage. But then, we're all different and it, after all, is our collection and reflects on us. It might affect the resale value but I usually don't worry too much about that.

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amsd
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Editor, Seal News; contributor, JuicyHeads
02 May 2021
12:31:50pm
re: Values of unused hinged modern stamps

Jarrell said

Quote:

"Most of the time I assume hinged catalog values for modern stamps are half of the mnh value"

and I think that's reasonable. I actually think many modern mint collectors have no place in their collections for hinged unused stamps, so to a certain degree, price is irrelevant for them as they'll never buy them unless that's the only option.

For used stamps, i personally don't care about hinges unless we've begun to noticeably increase the depth of the stamp and I need to send them on the South Beach soak.


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BenFranklin1902
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Tom in Exton, PA
02 May 2021
01:30:49pm

Approvals
re: Values of unused hinged modern stamps

Quote:

"I really don't care if there is a hinge remnant on the back of a used stamp, to me it is still the used value. "



I just take those and soak them as if it was on paper. I had bought an old US Minuteman album and everything was hinged, even mint stamps in mounts! I soaked all the used stamps, I didn't even try to remove the hinge by pulling.

For the mint stamps with hinges, they were all of no value so I put them in my postage box.

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angore
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Collector, Moderator
02 May 2021
01:33:58pm
re: Values of unused hinged modern stamps

Quote:

"I really don't care if there is a hinge remnant on the back of a used stamp, to me it is still the used value."



Did you mean to say unused where you said used?

So far..50% less, 20-35% less, and maybe a whatever way the wind is blowing.

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Harvey
I think, therefore I am - I think!
02 May 2021
01:44:28pm
re: Values of unused hinged modern stamps

I meant used, or even mint hinged. Some people seem to look on hinge remnants as being really bad things to have, to me they don't matter. I'm a bit leery of soaking a stamp unless you really have to. I know it happens rarely but I had an image almost disappear once because the stamp had water soluble ink. I also have a stamp printed on its gum side, imagine what would happen to it if it had to be soaked to get rid of a hinge remnant. I really don't soak unless it is an absolute necessity!!

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