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Sales, Swaps, Auction & Approvals/Approvals Disc. : Buyer Demand For Certain Countries (Monaco)

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rrraphy
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Retired Ap. Book Mod, Pres Golden Gate Stamp Club, Hi Tech Consultant
16 Sep 2021
03:45:02pm

Approvals
I posted an Approval Book on MONACO mostly newer sets and S/S in the higher price ranges, and there are not too many interested in it so far.
Book 21812: MONACO MNH (or noted) Stamps Sets S/S all SCV >$3, mostly 70s-2000

Is it the topic, the years or just my pricing? An earlier book to 1975 had quite a bit of interest.

I am cutting prices to see if the latter assumption on pricing may be the cause. Would much rather sell the stamps than return them to my album duplicates.

I will test this before posting any more Monaco material.
So for the next week or so, if prices was the issue, take a look before I retire the book (probably on October 1).
Your private comments are also welcome.
Thanks
Rrr....
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"E. Rutherford: All science is either physics or stamp collecting."
Harvey
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16 Sep 2021
05:09:53pm
re: Buyer Demand For Certain Countries (Monaco)

Check out the number of views for this post and use that as a judge. As of right now there are 4 and two of them are mine, and I read almost everything! Does the person who posts the article also count as a view - I think so! Sorry rrr... but I don't think many people collect Monaco.

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Love & Peace
18 Sep 2021
01:34:58pm
re: Buyer Demand For Certain Countries (Monaco)

Monaco is very nice. I don't know anyone collect or specialized in Monaco. This tiny territory is similar to French Polynesia. Both are very democratic & peaceful with strong appreciation for Art. I collect French Polynesia only, but Monaco is my second favorite for 4 reasons:

* Monaco stamps are beautifully designed on high quality paper.
* Monaco stamps are limited & not over produced like other countries.
* I admired Prince Rainer & late Princess Grace Kelly.
* Monaco was one of favorite locations in James Bond movies (Sean Connery & Roger Moore)

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rrraphy
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Retired Ap. Book Mod, Pres Golden Gate Stamp Club, Hi Tech Consultant
29 Sep 2021
12:58:37am

Approvals
re: Buyer Demand For Certain Countries (Monaco)

Harvey I think you are absolutely correct. Few collectors of Monaco here. I posted a new book and it too showed little action, and way fewer than usual views. Price cuts had zero impact.

I am so surprised, because Andorra did better, or San Marino, to stick with Europe's tiny countries and I would have bet that Monaco with its lovely stamps and varied topics (royalty, flowers, dogs, cars etc..) would attract the topical collectors in addition to the country collectors.

rrr...

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angore
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Collector, Moderator
29 Sep 2021
05:58:36am
re: Buyer Demand For Certain Countries (Monaco)

There may be plenty of Monaco collectors but demand may have been satisfied through prior sales. This is why new members can be important.

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jkc1999
29 Sep 2021
07:13:17am
re: Buyer Demand For Certain Countries (Monaco)

I agree with previous poster and add that in general it seems that people on the forum tend to collect more classic issues as opposed to modern issues. Your classic Monaco sold more than post 1970's issues. Then again, new issues are harder to find especially postally used so often they sell as well. There are topical collectors, but again, with the age/experience of those collecting, they are more likely to have those issues already in their collections. Stamps that are in "Big Blue" seem to do well. These are just my thoughts and may have no basis in reality (would not be the first time). It also may be that someone has already saturated the market here on Monaco. I've seen people here pivot from one area to another in an effort to drive sales. And as always, we are a bunch cheap b@**@rds and depending on price they may not sell. I see a lot of 10-25% pricing on stamps and those don't always sell. I look at this from a buyer's perspective, sellers may have a different one altogether.

Jackie

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Soundcrest
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29 Sep 2021
11:31:28am

Auctions - Approvals
re: Buyer Demand For Certain Countries (Monaco)

Hard to believe I have been here for 7 years in November - and I still haven't figured out why some things sell and others do not. Last week for example. I put up a book of Nicaragua sets, very nice I think priced fairly. A couple of years ago I put up a book or two of Nicaragua mint sets and they sold out. This time, 21%. I doubt if any more wioll sell from it, BUT when it rolls off, and I bring it back in say 6-7 months with nothing changed (as it will still qualify at 100 stamps), stamps will sell to the very same people who are members now. Happens over and over again. Should it fail a second time, the sets will move to my stores (eventually). I tried Monaco once or twice myself and had poor results. Lumped the county into the group of countries I will not buy at auction for resale. I have had my fair share of misses here, but also have had some books sell out 100%, Luck of the draw I think. For pricing I agree with Jackie BUT I know some areas that will bring higher prices which allows me to bid higher at auction for resale material. Still, I have a Somali Coast #1 in my Somali Coast book priced at $65. Lowest price on Hipstamp is $98. I don't expect it to sell here though. I'll move it there eventually for $100 and accept $80 and be happy. There are French Colony collectors here but $65 might be out of their range.

I have also begun to believe (and this is something probably other sellers already know) there is something called a loyalty factor. I used to think it was an "anti dealer" attitude, and maybe it is, but there also can be the issue of "I'm only going to buy from certain sellers" There are people here who have never purchased a stamp from me, and there are some that for the most part only purchase from me. So I could take your book of Monaco perhaps, and list it and get sales from people who normally do not buy from you. Likewise you could take one of my duds, and do well with it. Again, 7 years and I have not figured it out. It can be maddening especially since I know the bait to put on the hip and ebay hooks to get buyers but here, other than price, I am clueless. What works for some does nothing for me (like not putting in a catalog number. Instant disaster in my books unless everything is 5 or 10 cents). I've even wondered if people look at a sideways stamp on a stock page and say it looks wrong, and skips over it. Only on this site do things like this become a concern for a seller. Maybe because there are so few buyers.

Greg

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rrraphy
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Retired Ap. Book Mod, Pres Golden Gate Stamp Club, Hi Tech Consultant
29 Sep 2021
01:22:33pm

Approvals
re: Buyer Demand For Certain Countries (Monaco)

Quote:

"There may be plenty of Monaco collectors but demand may have been satisfied through prior sales. This is why new members can be important."


Al (angore) you may be right. I think we are beginning to hit a certain level of Saturation on Approvals.
Quote:

"On the other hand Greg said it well:
I still haven't figured out why some things sell and others do not. "



We collectors are often a fickle bunch I know I go through phases...this week it is all about South America, next week about this or that...
Put an Approval book on sale at the right time and I go for it. But If I am too late, by a day or two, I may not give it a look.
Alas, Approval was conceived to offer a library of choice and we debated forever if books should stay on 6 months or a year! We never expected to get most (or all) sales in the first few days. It never met this goal.

How many regular Approval Book buyers go sorting through old books, use the search feature to locate books, or even go check all the books of a specific seller? And how do we attract the faithful auction crowd, and vice versa? I think there is a big split between Approval and Auction buyers. I don't post on Auctions, so I cannot tell, but how much crossover do you see, if you sell on both platforms?

I now plan to remove books that are older than one month, rework them and reissue them. Keeping them active serves no purpose.
I think people really dislike going in an Approval Book where items have already been picked up, and certainly (even if it states that all stamps have duplicates), it is clear that a book with 50% sold will seldom get more views.

rrr..

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Soundcrest
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29 Sep 2021
01:57:40pm

Auctions - Approvals
re: Buyer Demand For Certain Countries (Monaco)

Quote:

"it is clear that a book with 50% sold will seldom get more views."



Absolutely, and to rework books takes a lot of time, which is why I always use vario stock sheets. Yes they are a little pricey vs paper but I cannot begin to imagine the time it takes to hinge stamps (or mounts) then remove them only to remount them again. I suppose this is why people play with price reductions. (a sure fire way to make sure that initially the book does not sell. Why pay full price if the buyer knows it will be on sale soon?) As it is I have dozens of closed books that I simply have not gotten around to dealing with. I could easily spend double the time here than I do, but I suspect the rewards would not be many. This is also why except in rare occasions I will list more than 100-125 stamps in a book. To list more and ten sell 10% and have to rework the book is insanity.

I do have from time to time experienced old books being gone through. I find this mostly with topical collectors. I have learned though that for the most part creating a topical book has not been worth the time because while a topical collector will go through all books, a collector of say Poland is not going to go through a topical book to see if there is something of interest for them. At least I don't think so.

I agree with you Ralph about a month - but I don;t have 50 hours a week to devote to SOR. I'm lucky to have 50 hours a week to devote across all sites. Once was a time when I did 70-80 hours but that was before my wife retired. She has things she would rather us do than for me to work!

Greg
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hosard
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29 Sep 2021
10:10:53pm
re: Buyer Demand For Certain Countries (Monaco)

I'd like to provide a response from the perspective of a newish buyer on this site. As Greg stated, there is definitely a "loyalty" factor here, but it really has nothing to do with actual loyalty. Rather, it's a time issue. As a seller you may spend 50 hours a week on stamps. As a casual hobbyist buyer it's more like 5 hours. We just don't have the time to look through all of the hundreds of approval books that get posted here, even less assuming we're also shopping on other sites as well.

When I started here I picked 4-5 sellers to do business with, strictly because I didn't have the time to do much more. I spent a few months going through all of those 4-5 dealers offerings, and when I finished I added another 4-5 sellers. Rinse and repeat. Greg and Raphy will likely be in my next group of 4-5. For purely selfish reasons I hope you don't take your books down after a month. On several occasions I've gone through the Closing Soon list and found books from my inner circle of sellers to purchase from before they go away.

I also will second the opinion that the majority of buyers here are looking for older material. Perhaps it's only because that's the material I'm looking for and I tend to ignore the rest, but as others have stated the older books seem to sell better and faster. I looked through the Monaco books and found several "gems" in the older book but they'd already been purchased.

Ron

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Soundcrest
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30 Sep 2021
05:54:32am

Auctions - Approvals
re: Buyer Demand For Certain Countries (Monaco)

Quote:

"Rather, it's a time issue. "




A good point, and one I never considered. It also brings home my complete belief that stamps in books need catalog numbers. You can argue from the position that there are all kinds of catalogs out there. I agree. But if I am looking for something for my collection,I am not going through a book and looking at the stamp, and then flipping album pages to see if I need it. Many sellers are successful with creating books that way, but its not for me. Nor would I look through a haphazard worldwide book (and there are a few of those!). It just takes too much time. Granted, it a Christmas Seal book comes up I would not expect a seller to put Green's numbers to them. I know I don't and they usually sell out. There a catalog number is meaningless as how many people have a Greens? Likewise revenues and seals, and there are catalogs out there for those as well.

Ron drives home my second point. Relisting old books. I have seen a couple of newer buyers to my books, and it is worth the effort to clean up old books, add new material and put them back up. You simply never know if it can generate sales. I have some that have been sitting for close to a year. Some, I strip out 10-15 sets and list them as BIN mini books, like tonights Central African Republic Airmails. Prices are a little cheaper than the old book, but I don;t have to be concerned with any minimum requirements and I know there are people who are either or buyers, books which take time or auctions that do not. Plus with the BIN option, it is a purchase right then and there. No waiting for an auction to end to see if you win. Takes a little time to create but worth it I think. As a seller though, I constantly try to think of something new and different to do on this site to perhaps get a new buyer. I think I offer stamps that few do and make up what I consider interesting books. It's always a hit or miss thing. Some areas work better than others for sure, and the trick is to actually find something elsewhere that will sell enough to at least get back what you paid for the auction lot. Sometimes I win, sometimes I lose. But its a lot of fun doing it. If it wasn't, I'd be doing something else.

Greg

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jkc1999
30 Sep 2021
07:28:08am
re: Buyer Demand For Certain Countries (Monaco)

I look through the new listing and the closing in 24 hour listings on the auction. I am a somewhat loyal buyer and that is due to a couple of reasons. First is that I've built up a relationship with a couple of sellers. I can ask them to hold something for me, I can ask them them if they have something else in stock, and in some cases combine Stamporama and Hipstamp purchases into 1 invoice. Secondly, there are Paypal minimums and if I see 1 65 cent stamp I need with a $5 Paypal minimum, unless I see more in that individual's auction items I am probably not going to bother. I then have to look at their other items, check their approvals, arrange to pay 65 cent either by check or stamps . . . it gets more complicated. The sellers I buy from I know I can find enough material to meet Paypal limits or I can wait a few weeks while they list more and I'll find something.

I seldom do approvals except for the sellers I buy from regularly. It is a time thing, and also because I work a fairly demanding job and seldom am able to see a new book. I have looked through several that were a day or two old and most of the material that I need (I am a general WW collector with a few favorite countries primarly pre 1960) is gone, which is why I believe the material that is most popular is classic material. I do read the forums and I try to check out everyone's new books that are listed.

This is my general though process in buying:

Oh look at the cool stamp, do I have it? I don't think so, who is listing it?

1. Someone I don't regularly from: I check the other listings, if I see enough there that I can meet minimums, I bid and start a new relationship with a seller. If not, I check the approval books. If not enough I think about it and most of the time pass and think--maybe next time. I tend not to buy those who use dealer cards in their scans because I can't see the stamp as well as I would like. I also tend not to buy from those who have a BIN price 1 penny higher than the auction price, it just annoys me for some reason. I love large lots and I've bought several 1000 stamp sets when they were available a year or two ago and also a bunch of huge glassine lots that were offered as well. I started buying from Ian when he did one of his "clearance" type auctions where everything was 10%. I saw some interesting stuff, bid, and now buy regularly from him. I haven't bought from Brian in a while (mostly because of Covid and the huge delays with Australia), but I started when he had some really interesting (to me) material available. I started with Dakota when he was listing Scandinavia and filled some holes. Haven't bought from him in a while since I haven't been focusing on Scandinavia, but definitely will again.


2. Someone I regularly buy from: I think about it, consider how much I've already spent on stamps for month, consider the price (I actually look at value not price--for example when Ian listed his Falkland Island overprints they were at least $10 cheaper than anywhere else, and I grabbed his Portugal MNH in his first HV book because they were a great deal at $35, in Greg's case I grabbed a Penny Black at a very good price), I consider how often I see the material for sale either here or elsewhere, and I check the scan and the description.

Those are my criteria for buying, new sellers can pique my attention with interesting material, good value, and enough of what I am looking for to meet Paypal minimums. I now do checks most of the time for Greg, but for a new seller I am looking for Paypal for ease of transaction.

Sometimes I end up with duplicates, those I put into a big box I am getting ready to offer for sale, not a big deal. I do check to see if I already have the stamps in question but sometimes I haven't crossed it off my wantlist or I've already bought it and not mounted it in my collection. It happens and I move on.


Jackie





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Flemming
30 Sep 2021
02:04:26pm
re: Buyer Demand For Certain Countries (Monaco)

Quote:

"It also brings home my complete belief that stamps in books need catalog numbers. You can argue from the position that there are all kinds of catalogs out there. I agree. But if I am looking for something for my collection,I am not going through a book and looking at the stamp, and then flipping album pages to see if I need it. "



I rarely look at books that don't have catalog numbers.
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"Flemming"
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Love & Peace
30 Sep 2021
05:09:06pm
re: Buyer Demand For Certain Countries (Monaco)

Good points, it's better to purchase from sellers that you know. Relationship is everything and stamp collectors should know. Another good point, most stamp collectors in StampoRama preferred older stamps and have less interest in modern stamps. This might be a generation thing.
.
However in our stamp club, we purchase only modern stamps (Post 1958). Since majority members were born after 1990's, the modern stamps connect younger generation very well. The older stamps (Pre 1958) are rarely discussed with zero interest.
I think the best way to sell modern Monaco stamps in StampoRama is to take in more younger stamp collectors and Monaco Stamp Specialists.


French Polynesia Stamp Club

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Jansimon
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01 Oct 2021
02:50:42am

Approvals
re: Buyer Demand For Certain Countries (Monaco)

Although I must admit I have not read all the posts in this thread completely, I think there is another factor that has not been mentioned yet, and that's fashion, hype, trend or whatever you want to call it.
Just a few examples: about twenty years ago Chinese stamps were not very popular, to put it mildly. Nowaday almost anything sells and most of the time for ridiculous prices. I had some very common stuff in numbers that I could sell to someone here in the Netherlands for a price that did not make sense. At least not to me. He had a Chinese name and will probably try to resell them in China, but that's up to him.
The same, although not this extreme, can be said for Russia and recently I even saw interest rising for those infamous Dunes like Sharjah and Ajman.
On the other hand, I noticed that countries like Iceland (and also Monaco) that were once praised in the philatelic world for their output have been out of favour. I can still sell Iceland, but for "normal" prices, not for the regular percentages of the c.v.

People move on. Ten years ago, I focussed on Scandinavia and British commonwealth, now it is certain Latin American countries and Egypt. It's not that I do not collect the Nordic countries anymore, only that I do not need that many anymore. Which brings me to another point, there is a relatively small group of buyers here, so the chance of having success with the same kind of material over and over is smaller than on the larger selling sites. Especially when one moves into the more niche-like smaller countries.

Anyway, I do not really like Monaco. Not because they are poorly designed, but because these stamps have sort of become abstract items that have no real purpose other than being collected. Even though there are still quite a few people living in Monaco, the amount of stamps is in no relation to the actual need for them. That's of course the case for many countries. Most pacific islands do not need stamps, or could last 20 years with one print run. Still I collect some of these, because I find them exotic. I do not find Monaco exotic, just a bit campy. But that's my personal opinion, I digress.

Jan-Simon

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Brechinite
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Neddie Seagoon from The Telegoons
01 Oct 2021
07:51:38am

Auctions - Approvals
re: Buyer Demand For Certain Countries (Monaco)

I used to be bewildered by what sells and what does not sell here.

No Longer.

One can keep records of:-

What countries sell or what countries do not sell.
Whether books have catalogue numbers or not.
Whether books are laid out in year order or not.
Whether books are laid out in date of issue order or not.
Whether they are totally haphazard in layout or not.
The percentage of catalogue value they are priced at.
The size of the book whether 100 items or 300 items.

You can take all the above information and analyze it to your hearts content. Any conclusions you draw from the analysis will be totally false.

There is only one reason why items do not sell here:-

A lack of members.


Edit:- In addition to the problems on the Approval Books I have noticed the following:-

On 26th May there were 6995 Items in the auction
Today there are 4218 Items in the auction.
Over the past couple of weeks it has been as low as 3285 Items.

When you consider that some of these items are being listed for the second or third time it is not inconcievable that there are only 50% of items that are "new to the market".

What can be done to improve the situation before stamporama becomes a "lame duck"?


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Love & Peace
01 Oct 2021
06:49:23pm
re: Buyer Demand For Certain Countries (Monaco)

Quote:

"I think there is another factor that has not been mentioned yet, and that's fashion, hype, trend or whatever you want to call it. "



Good point. Trend is a major factor which also determined supply & demand. Now, Chinese & Egyptian stamps are popular and are selling well in the market. Years from now, trend may change & it'll be somewhere in the world.

However, trend has no effect on my French Polynesia stamp club because we collect only French Polynesia & forbidden to collect anything else. A person or group that specialized in one sector are very focus & loyal. Therefore, trend is not a factor.
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philb
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02 Oct 2021
11:53:38am

Auctions
re: Buyer Demand For Certain Countries (Monaco)

Ian, do you ever get a bid from a new member ? I have 12 or 15 userids that bid on my auction lots but they are the usual suspects. Perhaps the newcomers are bidding on the approvals.

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Brechinite
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Neddie Seagoon from The Telegoons
02 Oct 2021
02:20:30pm

Auctions - Approvals
re: Buyer Demand For Certain Countries (Monaco)

Philb

From January 2021 I have had 5 New members buy from me.

2 only bought from the Auctions and 3 bought from both Auctions and Approvals.

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johnmca99
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02 Oct 2021
02:56:28pm
re: Buyer Demand For Certain Countries (Monaco)

I don't know how many times it has been brought to the attention of sellers that the way some present the stamps they want to sell, leaves a lot to be desired
I enjoy collecting stamps and I don't mind spending But what I don't have is the time to go searching my albums to see if I can match my gaps with what is for sale
On many threads sellers were asked to put some reference to the stamp whether it be a date or a catalogue number
I am sure in many instances the seller looks up to see the value of the stamp and what is beside that information ? A reference number, but a more universal number is the date the stamp was issued Simple to include the date.
I notice the considerate sellers use the Stamporama approval sheet that has room for catalogue number and date
It doesn't matter if the stamp is selling for $40 or 40c consider the buyer
I have looked at some of the approvals books today and I have not gone further than the first page Don't put the blame on the number of members we have, I am not saying it is not a factor it could well be but in many instances it is just too much hassle. Believe me I am that soldier
I have read recently the amount of work and time sellers have to put into getting their stamps ready for either the auction or the approvals. Tweak your presentation and your stamps have a better chance of being sold. Take a look at how others are doing their presentations and ask yourself would I buy from him / her. Is it easier to deal with him / her that it is to deal with me ?
Y'all have a nice weekend
John

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Flemming
02 Oct 2021
05:10:01pm
re: Buyer Demand For Certain Countries (Monaco)

I only recently got back into collecting and after looking around the web I stumbled across SOR. My initial attraction was the excellent pricing and after becoming familiar with the site my interest grew. This was before the annual membership so my purchases were relatively low risk financially. Several thousand purchases later I'm fully immersed and have built a relationship with several sellers. I'm a happy camper Happy

I'm personnaly not interested in seeing more members to bid against me Happy but I understand we need more members to keep sellers posting. I think new members and potential buyers are reluctant to join because of the membership fee and hesitant to send money to an online service, especially if only buying a few stamps. I know the first month is free but visitors to the site won't know that unless they go to the Join page. It may be worthwhile expanding the Purchase Confirmation page to say something like "If you're new to StampoRama please sign up. The first month is free while you try us out. No payment information necessary to join.".

I am not against the membership fee and fully understand the cost of hosting a site like this, but I am curious to know if sales dropped off after the membership fee was introduced.

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Neddie Seagoon from The Telegoons
03 Oct 2021
10:40:41am

Auctions - Approvals
re: Buyer Demand For Certain Countries (Monaco)

Quote:

"Don't put the blame on the number of members we have"



Blame is the wrong word to use.

I was pointing out to other sellers that no matter what analysis you come up with it will be false.

Yes presentation is a factor in sales, so are the number of buyers, the number of sellers and what products are being offered.

The number of items offered has declined.

The number of active buyers and sellers are not available but I suspect it is less than 5 years ago.

If there is no increase in movement in the number of members then there will be at best stagnation, at worse decline.

To increase membership I feel that 4000 auction items is too little to attract and keep new(er) members and 500 of cheap Approval Books is not the way forward.



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jkc1999
03 Oct 2021
12:23:59pm
re: Buyer Demand For Certain Countries (Monaco)

Numbers at 12pm on Sunday afternoon EST:

76 visitors online, 10 members, 66 visitors. None of the visitors can buy unless they join (always possible a few members aren't signed in). 10 possible buyers online now, and some may be just perusing the forum. There are a few people not posting items in auction anymore (the guys with all the US stamp sheets (around 300 items), the guy from Canada who drops in every few months with 500+ listings, and I'm sure a few others I've missed. In addition to the drop of items, a lot of minimal value items. It may just be the ebb and flow of summer into fall, will be interesting if the numbers increase as the weather changes. I don't notice as much since the people I regularly buy from are still posting items for sale.

Jackie

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cardstamp
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03 Oct 2021
01:38:32pm

Approvals
re: Buyer Demand For Certain Countries (Monaco)

The # of members who are potential buyers may have gone down - but the number of Approval Book Offerings has gone up recently. The number of books now available is around 600 and before the membership program it had been down right below 500 at one point. It is a supply and demand issue. There is more of a supply now for approval books but the demand has been way down ("My editorial opinion" !!) Steve

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03 Oct 2021
06:58:44pm
re: Buyer Demand For Certain Countries (Monaco)

I had forgotten that one must have at least a Basic Membership in order to purchase stamps on SOR. While I did opt for the Extended Membership, I was operating under the assumption that anyone could buy stamps but only members could sell. While I certainly understand the need for the website to be able to support itself, I have always had a problem with having to buy a membership in order to spend my money (i.e. Costco or Sam's Club). In a previous post in this thread, Jackie had said there were 76 people online, 10 members and 66 visitors). That means the overwhelming number of people online could not purchase stamps on SOR. I would imagine that quite a few of them also are not ones that would like to purchase a membership to spend their money. With so few able to purchase, this is a dilemma for those selling. I had offered stamps in the past, but there were so few purchases that I came to the conclusion that it was hardly worth the time and trouble to prepare them for sale. If SOR is intended to be a members only club, then the present setup is fine. Otherwise, there should be a way to allow all to purchase stamps. Just my two cents...

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michael78651
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03 Oct 2021
10:14:46pm
re: Buyer Demand For Certain Countries (Monaco)

Even before the membership fee was put in place. Only members could buy. Visitors could not buy.

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jkc1999
04 Oct 2021
07:08:22am
re: Buyer Demand For Certain Countries (Monaco)

I became a member after being a visitor for probably a year. I joined one day when I decided to take the plunge and buy something. Had there been a membership fee, I may or may not have joined. My point is/was not to debate the membership fee but the question was raised earlier in the thread about new buyers. It will be interesting to see in a year how many new members join as opposed to previous years. I am a buyer and I want the sellers to remain. Were my 2 favorite sellers to stop listing on Stamporama, I would have to think about whether I wanted to remain a member. I don't post a lot and my primary reason for joining was to purchase material. I probably would to support the club but I think part of what makes Stamporama great is the selling platform and I am all for making that as successsful as possible for sellers. I am doing my part by spending a few bucks (average about $50) every month.

Jackie

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DannyS
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04 Oct 2021
09:25:37pm
re: Buyer Demand For Certain Countries (Monaco)

Just thinking out loud. I guess having buyers needing to be members does add some security to the sellers.

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michael78651
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05 Oct 2021
12:06:54am
re: Buyer Demand For Certain Countries (Monaco)

I belong to my local stamp club. The club has a sales platform (auctions and buy it nows) available at meetings. The club takes a commission on sales. Oh, and all members pay annual dues. My usual activity with the club is as a buyer. I guess I should quit the club, because they charge dues, and all I want to do is buy stamps for myself and not support the club. That's some selfish attitude, isn't it?

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michael78651
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05 Oct 2021
12:10:15am
re: Buyer Demand For Certain Countries (Monaco)

Quote:

" I guess having buyers needing to be members does add some security to the sellers."



I agree.

If you want to be known as an APS Dealer (means you've been checked out), you have to be an APS member.

The same holds true for other stamp dealer's associations.
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Soundcrest
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05 Oct 2021
11:39:27am

Auctions - Approvals
re: Buyer Demand For Certain Countries (Monaco)

PhilB - looking at last week I have 6 people who purchased something that are new to me in 2021. There are others besides that, just not last week.

Personally, I do not look at what others are selling either in auctions of approval books. When I list something I try to put up stamps that I think people might not have in their collections, for at least some of the stamps. Of course it could be a country that no one collects, and the book is a dud, at least this time. Of my 40 books, only 6 are under the 40% sold mark, so I can't complain. Auctions other than my weekly rotate BIN auctions usually sell at almost 50%. I suppose I am doing something right - but there are buyers who have never purchased anything from me. It could just be that they collect stamps from areas I do not sell in approval books.

I am a bit concerned with the "connection is not secure issue". I don't know if people will get fed up with it as usually they need to click the bottom of the message to go to the page in the site, but sometimes it needs to be refreshed. Again, after a while people may just say it is not worth the trouble and simply ignore the site.

Greg

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copy55555
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11 Oct 2021
01:39:05pm
re: Buyer Demand For Certain Countries (Monaco)

I am curious to see how SOR advertises itself. I'm a member of APS and do not remember seeing any mention of the club. And maybe my memory fails me, but I don't recall Linn's doing an article or even a paid ad. Word of mouth and pure luck is probably not going to increase the membership much. Just my 4 cents worth (inflation).

Tad

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