Understood, but you are creating an heirloom for your kin, a possible tax deduction for a charitable purpose, having fun along the way and having a hobby that possibly might be of interest to grandkids.
Not so shabby, don't you think? I left out all the friends made along the journey-very important as well.
Dan
But if you were to sell, you might be impressed by it the cheque you’re handed. There aren’t many other hobbies that offer any cash return at all. I enjoyed collecting Irish stamps for several years, picked out some of best ones, and the rest to a local dealer for an expensive cover that I couldn’t otherwise have bought. Throughout the pandemic, I got heavily involved in scale modelling. I spent a small fortune on models, tools, supplies, books, and magazines, but none of those items will ever turn back into any serious cash.
Bob
The stamps and covers my wife and i have will not make or break the kids..but if they take my advice and bring them to our stamp club auction a lot of it will sell at the minimum 20 percent of catalog. A better deal than going to a dealer if they could find one. And our stamps would be regenerated among the club members.
And may we not see your kids at the club fr avery long time….
The value means very little to me as I don't sell stamps and enjoy my collection for the history rather than the value. But since I have no one to pass my collection on to it will be sold and the proceeds will go to charity. So the value is important, just not to me. Of course, I'm not fooling myself into thinking the value is close to a combined catalog value. What the collection will sell for is only a fairly small percentage of that. The only things CV's are good for is to give a relative value between stamps.
I collected from 1966ish to the late 1970s. Then life got in the way. Once eBay came about I went back to collecting my 1902 Franklins. Then about 5-6 years ago I got the urge to pull out the old hoard and see how nice a USA collection I could put together.
For me, I was actually pleased to see prices had tanked! That those se-tenant blocks and space issues that speculators had run up to several dollars were all now in my discount postage purchases.
Seriously the first 40% off face lot I bought had a stack of 100 Apollo 11 plate blocks. The lot I just bought has a big stack of the July 4 1976 Souvenir Sheets!
And it absolutely delights me! It means I can now buy every stamp I ever wanted as a kid!
I can tell exactly what my stamp collection is worth at any time. Zero.
I've never sold a stamp since I started collecting in 1958.
re: What my Stamp Collection is worth After More than 60 years of Collecting
Understood, but you are creating an heirloom for your kin, a possible tax deduction for a charitable purpose, having fun along the way and having a hobby that possibly might be of interest to grandkids.
Not so shabby, don't you think? I left out all the friends made along the journey-very important as well.
Dan
re: What my Stamp Collection is worth After More than 60 years of Collecting
But if you were to sell, you might be impressed by it the cheque you’re handed. There aren’t many other hobbies that offer any cash return at all. I enjoyed collecting Irish stamps for several years, picked out some of best ones, and the rest to a local dealer for an expensive cover that I couldn’t otherwise have bought. Throughout the pandemic, I got heavily involved in scale modelling. I spent a small fortune on models, tools, supplies, books, and magazines, but none of those items will ever turn back into any serious cash.
Bob
re: What my Stamp Collection is worth After More than 60 years of Collecting
The stamps and covers my wife and i have will not make or break the kids..but if they take my advice and bring them to our stamp club auction a lot of it will sell at the minimum 20 percent of catalog. A better deal than going to a dealer if they could find one. And our stamps would be regenerated among the club members.
re: What my Stamp Collection is worth After More than 60 years of Collecting
And may we not see your kids at the club fr avery long time….
re: What my Stamp Collection is worth After More than 60 years of Collecting
The value means very little to me as I don't sell stamps and enjoy my collection for the history rather than the value. But since I have no one to pass my collection on to it will be sold and the proceeds will go to charity. So the value is important, just not to me. Of course, I'm not fooling myself into thinking the value is close to a combined catalog value. What the collection will sell for is only a fairly small percentage of that. The only things CV's are good for is to give a relative value between stamps.
re: What my Stamp Collection is worth After More than 60 years of Collecting
I collected from 1966ish to the late 1970s. Then life got in the way. Once eBay came about I went back to collecting my 1902 Franklins. Then about 5-6 years ago I got the urge to pull out the old hoard and see how nice a USA collection I could put together.
For me, I was actually pleased to see prices had tanked! That those se-tenant blocks and space issues that speculators had run up to several dollars were all now in my discount postage purchases.
Seriously the first 40% off face lot I bought had a stack of 100 Apollo 11 plate blocks. The lot I just bought has a big stack of the July 4 1976 Souvenir Sheets!
And it absolutely delights me! It means I can now buy every stamp I ever wanted as a kid!