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Sales, Swaps, Auction & Approvals/Approvals Disc. : Closing Soon Rule

 

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cardstamp
Members Picture


18 Jun 2022
01:19:58pm

Approvals
I can not beleive I am even suggesting this. As an approval book seller - I first did not like the Closing Soon rules when they first came out. As has been noted many times before the majority of the sales from an approval book happen the first couple of days a new book is posted then they tend to sit around with maybe an occasional buyer who comes along and takes a stamp or two. I started taking down books on my own even before they reach the closing soon threshold. I have noticed a failry large increase in the number of total books available lately. Is it time to reduce the number of days a book should remain open with no sales from 60 days to 45 days ? Then the 15 day rule after a book is closing soon be paired down to 10 days. As I said I can not beleive I am even thinking this now because I liked keeping my books open longer at first but now - I prefer to close them out. I either hold the stamps to create a new book in the future or sell the stamps in my other selling platform or just donate the leftovers. I know there are other sellers who will disagree with this - just thought I throw it out there "jump ball" ! Steve
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rrraphy
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Retired Consultant APS#186030

18 Jun 2022
01:47:02pm
re: Closing Soon Rule

Not a bad idea Steve, as Approval usage has deviated from what was initially conceived, and almost all sales occur in the very few days (hours) after a book has been activated. Now, I only look at "New Books" when I search the Approval platform.
Curious how many sellers are seing sales in older books nowadays.

You are right that there seems to be a lot of books being produced, typically with 100 items, many worldwide, typically common stamps and typically in no order whatsoever. After looking at one or two, I could not be bothered!

Not surprisingly, most of these show zero sales, so maybe finally the market (as Ian would remind us) is responding to this drift to mediocrity that we have left the Approval Books to drift into. I also noticed that FDC books don't do well which does not surprise me given Roy's BuckaCover.com web site with its amazing range of covers at reasonable prices and well organized for searching.

I must add, that there are Books that are gems, and they seem to be rewarded by good sales figures.

Still awaiting some new rules, if any, as promised by Musicman. This could be a modification to consider, should anyone be listening.

rrr...

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Brechinite

18 Jun 2022
01:55:19pm

Auctions - Approvals
re: Closing Soon Rule

I have given up on listing normal Approval Books at the moment.

It just doesn't justify the time and effort.

I will only produce Large Books when or if I have sufficient material.

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"Gonnae no dae that!..........Just gonnae no!"
PhilatelistMag20
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Stamp Collecting, What A Wonderful Hobby! :)

24 Mar 2025
09:08:33am

Approvals
re: Closing Soon Rule

My approval book: US Special Delivery, my fist one, is on the closing soon list.
It has not seen activity in 2 months, so I guess this system is good at keeping the SoR Approvals system less cluttered.
-Ari Cool

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1899

24 Mar 2025
01:49:00pm
re: Closing Soon Rule

@PhilatelistMag20

I assume when you say "My approval book" it's really some adult of legal age that is really representing you, because you are still a child?

Please don't take this wrong, no offense intened!

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Harvey
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This is my diabetic cat OBI! I think, therefore I am - I think! Descartes, sort of!

24 Mar 2025
02:26:52pm
re: Closing Soon Rule

"I assume when you say "My approval book" it's really some adult of legal age that is really representing you, because you are still a child?"


I, for one, have had more productive and useful dealings with Ari than a few of the so called adults here! He is a huge asset to our group and I think an apology is owed to him from you because of your comment above! We need more younger blood in this group like Ari and his enthusiasm for stamp collecting is a joy to see! If he is driven from this group because of attitudes like yours we will suffer a huge loss! IMHO!!!
I have been sitting here for a couple minutes deciding whether to hit "submit message" but sometimes things must be said! And, by the way, is it said anywhere in our rules that you have to be of a certain age before you can make useful contributions, as he has done?
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PhilatelistMag20
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Stamp Collecting, What A Wonderful Hobby! :)

24 Mar 2025
04:47:04pm

Approvals
re: Closing Soon Rule

Thank You Joe, for your kind words as always.
I do not take what 1899 says personally, and after scouring through ever word of the rules this morning, Joe is right, there is no minimum age for good contributions, but a minimum PayPal age, which is EXACTLY WHY I have my Dad's PayPal account email listed as the PayPal payment method.
Also, I was of the minimum age above 13, (14) and am very happy to be a member of this club.
And, yes sometimes you have to say something, so thanks so much again Joe. I appreciate the kind words very much.
It would take a lot to make me go.
Oh, also Philatelia, for those who remember her, (I;ve seen that post) is fine and well. Running a nice eBay store by the way.
Have a great day everyone!
-Ari Cool

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amsd
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Editor, Seal News; contributor, JuicyHeads

24 Mar 2025
06:23:37pm
re: Closing Soon Rule

I echo Joe's experience with Ari: he's intelligent, excited to learn, interested, enthusiastic, and responsive to suggestions.

I have dealt with him as an auction seller and approval auctioneer, as well as following him on the DB.

He is an asset to this group, and I'm delighted to have him here.

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"Save the USPS, buy stamps; save the hobby, use commemoratives"

juicyheads.com/link.php?PLJZJP
1899

24 Mar 2025
06:35:10pm
re: Closing Soon Rule

@Everyone

I think Ari is a lot better networked collector then I was as a chuld, I was still (at that age) still working on the Washington/Franklin head 1908-1921.


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ernieinjax
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APS 203949

24 Mar 2025
06:36:31pm
re: Closing Soon Rule

Yo, lay off Ari. He's from Jacksonville. That makes him my brotha from anotha motha. Rolling On The Floor Laughing

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StampCollector
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25 Mar 2025
05:09:01am

Approvals
re: Closing Soon Rule

Since when stamp collecting age became an issue?

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larsdog
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APS #220693 ATA#57179

25 Mar 2025
10:57:48pm
re: Closing Soon Rule

Yeah, if this is all in fun, carry on!

If it's for real, then I am also from Jacksonville, and proceed at your own peril!

Lars

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stamps.colp.info
PhilatelistMag20
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Stamp Collecting, What A Wonderful Hobby! :)

26 Mar 2025
12:18:45pm

Approvals
re: Closing Soon Rule

Jacksonville Kentucky?
@larsdog, I having a blast. Happy

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Author/Postings
Members Picture
cardstamp

18 Jun 2022
01:19:58pm

Approvals

I can not beleive I am even suggesting this. As an approval book seller - I first did not like the Closing Soon rules when they first came out. As has been noted many times before the majority of the sales from an approval book happen the first couple of days a new book is posted then they tend to sit around with maybe an occasional buyer who comes along and takes a stamp or two. I started taking down books on my own even before they reach the closing soon threshold. I have noticed a failry large increase in the number of total books available lately. Is it time to reduce the number of days a book should remain open with no sales from 60 days to 45 days ? Then the 15 day rule after a book is closing soon be paired down to 10 days. As I said I can not beleive I am even thinking this now because I liked keeping my books open longer at first but now - I prefer to close them out. I either hold the stamps to create a new book in the future or sell the stamps in my other selling platform or just donate the leftovers. I know there are other sellers who will disagree with this - just thought I throw it out there "jump ball" ! Steve

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www.hipstamp.com/sto ...
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rrraphy

Retired Consultant APS#186030
18 Jun 2022
01:47:02pm

re: Closing Soon Rule

Not a bad idea Steve, as Approval usage has deviated from what was initially conceived, and almost all sales occur in the very few days (hours) after a book has been activated. Now, I only look at "New Books" when I search the Approval platform.
Curious how many sellers are seing sales in older books nowadays.

You are right that there seems to be a lot of books being produced, typically with 100 items, many worldwide, typically common stamps and typically in no order whatsoever. After looking at one or two, I could not be bothered!

Not surprisingly, most of these show zero sales, so maybe finally the market (as Ian would remind us) is responding to this drift to mediocrity that we have left the Approval Books to drift into. I also noticed that FDC books don't do well which does not surprise me given Roy's BuckaCover.com web site with its amazing range of covers at reasonable prices and well organized for searching.

I must add, that there are Books that are gems, and they seem to be rewarded by good sales figures.

Still awaiting some new rules, if any, as promised by Musicman. This could be a modification to consider, should anyone be listening.

rrr...

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"E. Rutherford: All science is either physics or stamp collecting."
Brechinite

18 Jun 2022
01:55:19pm

Auctions - Approvals

re: Closing Soon Rule

I have given up on listing normal Approval Books at the moment.

It just doesn't justify the time and effort.

I will only produce Large Books when or if I have sufficient material.

Like 
3 Members
like this post.
Login to Like.

"Gonnae no dae that!..........Just gonnae no!"
Members Picture
PhilatelistMag20

Stamp Collecting, What A Wonderful Hobby! :)
24 Mar 2025
09:08:33am

Approvals

re: Closing Soon Rule

My approval book: US Special Delivery, my fist one, is on the closing soon list.
It has not seen activity in 2 months, so I guess this system is good at keeping the SoR Approvals system less cluttered.
-Ari Cool

Like 
1 Member
likes this post.
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www.philatelistmagaz ...
1899

24 Mar 2025
01:49:00pm

re: Closing Soon Rule

@PhilatelistMag20

I assume when you say "My approval book" it's really some adult of legal age that is really representing you, because you are still a child?

Please don't take this wrong, no offense intened!

Like
Login to Like
this post

This is my diabetic cat OBI! I think, therefore I am - I think! Descartes, sort of!
24 Mar 2025
02:26:52pm

re: Closing Soon Rule

"I assume when you say "My approval book" it's really some adult of legal age that is really representing you, because you are still a child?"


I, for one, have had more productive and useful dealings with Ari than a few of the so called adults here! He is a huge asset to our group and I think an apology is owed to him from you because of your comment above! We need more younger blood in this group like Ari and his enthusiasm for stamp collecting is a joy to see! If he is driven from this group because of attitudes like yours we will suffer a huge loss! IMHO!!!
I have been sitting here for a couple minutes deciding whether to hit "submit message" but sometimes things must be said! And, by the way, is it said anywhere in our rules that you have to be of a certain age before you can make useful contributions, as he has done?
Like 
10 Members
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"As anyone who has ever been around a cat for any length of time well knows cats have enormous patience with the limitations of the humankind."
Members Picture
PhilatelistMag20

Stamp Collecting, What A Wonderful Hobby! :)
24 Mar 2025
04:47:04pm

Approvals

re: Closing Soon Rule

Thank You Joe, for your kind words as always.
I do not take what 1899 says personally, and after scouring through ever word of the rules this morning, Joe is right, there is no minimum age for good contributions, but a minimum PayPal age, which is EXACTLY WHY I have my Dad's PayPal account email listed as the PayPal payment method.
Also, I was of the minimum age above 13, (14) and am very happy to be a member of this club.
And, yes sometimes you have to say something, so thanks so much again Joe. I appreciate the kind words very much.
It would take a lot to make me go.
Oh, also Philatelia, for those who remember her, (I;ve seen that post) is fine and well. Running a nice eBay store by the way.
Have a great day everyone!
-Ari Cool

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www.philatelistmagaz ...
Members Picture
amsd

Editor, Seal News; contributor, JuicyHeads
24 Mar 2025
06:23:37pm

re: Closing Soon Rule

I echo Joe's experience with Ari: he's intelligent, excited to learn, interested, enthusiastic, and responsive to suggestions.

I have dealt with him as an auction seller and approval auctioneer, as well as following him on the DB.

He is an asset to this group, and I'm delighted to have him here.

Like 
4 Members
like this post.
Login to Like.

"Save the USPS, buy stamps; save the hobby, use commemoratives"

juicyheads.com/link. ...
1899

24 Mar 2025
06:35:10pm

re: Closing Soon Rule

@Everyone

I think Ari is a lot better networked collector then I was as a chuld, I was still (at that age) still working on the Washington/Franklin head 1908-1921.


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ernieinjax

APS 203949
24 Mar 2025
06:36:31pm

re: Closing Soon Rule

Yo, lay off Ari. He's from Jacksonville. That makes him my brotha from anotha motha. Rolling On The Floor Laughing

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StampCollector

25 Mar 2025
05:09:01am

Approvals

re: Closing Soon Rule

Since when stamp collecting age became an issue?

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larsdog

APS #220693 ATA#57179
25 Mar 2025
10:57:48pm

re: Closing Soon Rule

Yeah, if this is all in fun, carry on!

If it's for real, then I am also from Jacksonville, and proceed at your own peril!

Lars

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1 Member
likes this post.
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"Expanding your knowledge faster than your collection can save you a few bucks."

stamps.colp.info
Members Picture
PhilatelistMag20

Stamp Collecting, What A Wonderful Hobby! :)
26 Mar 2025
12:18:45pm

Approvals

re: Closing Soon Rule

Jacksonville Kentucky?
@larsdog, I having a blast. Happy

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