Discussion - Member to Member Sales - Research Center
Discussion - Member to Member Sales - Research Center
Does Stanley Gibbons have more realistic prices? If yes, would one of you who owns one give me an idea what their prices look like for a few of these issues?
Thanks for your help
Also - if anyone here in the USA has a used SG catalog to sell, email me? Thanks
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Without knowing exactly which issues you're talking about, I can confirm that the prices are correct. This is from the SG 2020 Commonwealth catalogue for Scotland
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And this is from my Michel 2010. A bit old, but it shows the same trend.
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Gibbons Catalogue values 2021 Edition
England Population 56.5 million
42p MNH/Used £1.75 ($2.10)
44p MNH/Used £1.25 ($1.50)
Northern Ireland Population 1.885 million
42p MNH/Used £2.25 ($2.70)
44p MNH/Used £1.40 ($1.68)
Scotland Population 5.52 million
42p MNH/Used £1.75 ($2.10)
44p MNH/Used £1.40 ($1.68)
Wales Population 3.21 million
42p MNH/Used £2.00 ($2.40)
44p MNH/Used £1.60 ($1.92)
These "values" were produced for the 2021 catalogue and the dollar prices are using the current conversion rate of £1 = $1.20. Please remember that the exchange rate has been as high as £1 = $1.35
The population figures must be taken into account to decide the "rarity" of the items in question as well as the number issued.
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Wow! Those ARE close to Scott’s. They must be harder to find than I thought. THANK YOU for the help.
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Of course if a 42p MNH stamp has a catalogue "value" of £1.75 and if a seller sells at 20% of catalogue he sells it at £0.35 which is a loss to the seller of 16.66%. If they paid face value.
If the Scott catalogue "value" is $1.70 and the seller sells at 20% catalogue they sell at 34cents which is a loss to the seller of 16 cents = 32% using a conversion rate of £1 =$1.20.
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One also must remember that since 2000 the number of stamps on letters have decreased dramatically thanks to various types of machine labels being used and the rise of "Forever" stamps and NVI's.
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Ouch! You have to drop MNH down to 20% to sell? That’s gotta hurt.
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This surprised me a bit too. Is it what you do, or what everybody does? I normally only go to 20% with (sort of) common stamps and try to go a bit higher with mint and recent ones (30 to 40%), but it depends. But apart from that, it is entirely up to the seller...
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"Ouch! You have to drop MNH down to 20% to sell? That’s gotta hurt"
YUP! That is what one has to do here on Stamporama and sometimes even go down to 10% of catalogue!
I have to do it as the postage costs from the UK are higher than US Internal postal charges and Scotts catalogue "values" are lower than Stanley Gibbons when one takes into account currency exchange rates!!
If one actually analizes the selling prices here and what percentage actually sells at the prices they are offered at and finally sold at, Stamporama is the place to BUY! BUY! BUY!
There is no place cheaper!
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Yes! Shocking that buyers aren’t beating our doors down!
Hey thanks for the help Ian, Jan-Simon and Dave - catalogs pics and all! I finished my approval books and went with 13c or 17c for most of them or about 10%. Now to upload.
If either of you can use them, I have many extras for some of the E, 42, 44 and a few other regionals and would be happy to share with you as a thanks. They turned up in a big unpicked Irish mission mix that I bought back in 2006 so there are quite a few Northern Ireland. If yes, just message me an address if the info is not listed in the membership list and I’ll drop them in the mail.
Cheers!
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I think Scott prices are what they are for all stamps....high except for those that price at catalog.
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07:34:28pm
That is because so many dealers have to serve both mint stamp collectors añd t,hose who think that mint stamps with a favor cañcel applied are used.
To get the favor cancels the dealer has to buy mint at full post office price and add his profit. Scott listing can't show a recent used item at fraction of the dealers cost.
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While putting together an approval book for GB, I was stunned by some of the Scott prices for recent (after 2000) used definitives. They seem ridiculously high and look like they are just a percentage of the face value. They do not seem to have any correlation to scarcity or availability. For example, are those regional issues such as the 42p, 44p really so scarce as to be priced a dollar to two dollars? I don’t collect modern GB, but these prices cannot possibly be accurate. I’m not sure how to price these approvals fairly as the Scott catalog seems almost useless for these.
Does Stanley Gibbons have more realistic prices? If yes, would one of you who owns one give me an idea what their prices look like for a few of these issues?
Thanks for your help
Also - if anyone here in the USA has a used SG catalog to sell, email me? Thanks
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re: Silly Scott prices for used GB definitives issued after 2000
Without knowing exactly which issues you're talking about, I can confirm that the prices are correct. This is from the SG 2020 Commonwealth catalogue for Scotland
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Approvals
re: Silly Scott prices for used GB definitives issued after 2000
And this is from my Michel 2010. A bit old, but it shows the same trend.
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09:12:34am
Auctions - Approvals
re: Silly Scott prices for used GB definitives issued after 2000
Gibbons Catalogue values 2021 Edition
England Population 56.5 million
42p MNH/Used £1.75 ($2.10)
44p MNH/Used £1.25 ($1.50)
Northern Ireland Population 1.885 million
42p MNH/Used £2.25 ($2.70)
44p MNH/Used £1.40 ($1.68)
Scotland Population 5.52 million
42p MNH/Used £1.75 ($2.10)
44p MNH/Used £1.40 ($1.68)
Wales Population 3.21 million
42p MNH/Used £2.00 ($2.40)
44p MNH/Used £1.60 ($1.92)
These "values" were produced for the 2021 catalogue and the dollar prices are using the current conversion rate of £1 = $1.20. Please remember that the exchange rate has been as high as £1 = $1.35
The population figures must be taken into account to decide the "rarity" of the items in question as well as the number issued.
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re: Silly Scott prices for used GB definitives issued after 2000
Wow! Those ARE close to Scott’s. They must be harder to find than I thought. THANK YOU for the help.
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09:26:55am
Auctions - Approvals
re: Silly Scott prices for used GB definitives issued after 2000
Of course if a 42p MNH stamp has a catalogue "value" of £1.75 and if a seller sells at 20% of catalogue he sells it at £0.35 which is a loss to the seller of 16.66%. If they paid face value.
If the Scott catalogue "value" is $1.70 and the seller sells at 20% catalogue they sell at 34cents which is a loss to the seller of 16 cents = 32% using a conversion rate of £1 =$1.20.
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09:30:14am
Auctions - Approvals
re: Silly Scott prices for used GB definitives issued after 2000
One also must remember that since 2000 the number of stamps on letters have decreased dramatically thanks to various types of machine labels being used and the rise of "Forever" stamps and NVI's.
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re: Silly Scott prices for used GB definitives issued after 2000
Ouch! You have to drop MNH down to 20% to sell? That’s gotta hurt.
Login to Like
this post
Approvals
re: Silly Scott prices for used GB definitives issued after 2000
This surprised me a bit too. Is it what you do, or what everybody does? I normally only go to 20% with (sort of) common stamps and try to go a bit higher with mint and recent ones (30 to 40%), but it depends. But apart from that, it is entirely up to the seller...
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05:02:33pm
Auctions - Approvals
re: Silly Scott prices for used GB definitives issued after 2000
"Ouch! You have to drop MNH down to 20% to sell? That’s gotta hurt"
YUP! That is what one has to do here on Stamporama and sometimes even go down to 10% of catalogue!
I have to do it as the postage costs from the UK are higher than US Internal postal charges and Scotts catalogue "values" are lower than Stanley Gibbons when one takes into account currency exchange rates!!
If one actually analizes the selling prices here and what percentage actually sells at the prices they are offered at and finally sold at, Stamporama is the place to BUY! BUY! BUY!
There is no place cheaper!
1 Member
likes this post.
Login to Like.
re: Silly Scott prices for used GB definitives issued after 2000
Yes! Shocking that buyers aren’t beating our doors down!
Hey thanks for the help Ian, Jan-Simon and Dave - catalogs pics and all! I finished my approval books and went with 13c or 17c for most of them or about 10%. Now to upload.
If either of you can use them, I have many extras for some of the E, 42, 44 and a few other regionals and would be happy to share with you as a thanks. They turned up in a big unpicked Irish mission mix that I bought back in 2006 so there are quite a few Northern Ireland. If yes, just message me an address if the info is not listed in the membership list and I’ll drop them in the mail.
Cheers!
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re: Silly Scott prices for used GB definitives issued after 2000
I think Scott prices are what they are for all stamps....high except for those that price at catalog.
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Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..
06 Apr 2023
07:34:28pm
re: Silly Scott prices for used GB definitives issued after 2000
That is because so many dealers have to serve both mint stamp collectors añd t,hose who think that mint stamps with a favor cañcel applied are used.
To get the favor cancels the dealer has to buy mint at full post office price and add his profit. Scott listing can't show a recent used item at fraction of the dealers cost.
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