Discussion - Member to Member Sales - Research Center
Discussion - Member to Member Sales - Research Center
2 Members
like this post.
Login to Like.
Just trolling for idiots with more money than brains. Nobody with a hint of stamp collecting genes would ever consider paying $42 for a PSE 98 grade for this issue. I dislike numerical grades in general and this is just one horrible example. What is even worse is the Jumbo grades PSE issues. Yuk.
You can actually find sellers asking $65 for this stamp with a PSE 98 cert on eBay.
1 Member
likes this post.
Login to Like.
The SMQ seems to be designed to prop up graded stamp prices
1 Member
likes this post.
Login to Like.
A friend of mine wants to know what SMQ is.
1 Member
likes this post.
Login to Like.
Try this link.
https://gradingmatters.com/smq.html
Login to Like
this post
09:17:49am
"A friend of mine wants to know what SMQ is."
"An SMQ (Scott's Market Quotient) grade for stamps refers to the market value assigned to a stamp based on its condition and rarity according to the Scott catalog. It's a standardized grading system used in philately (stamp collecting) to assess the worth of stamps. The grade takes into account factors like centering, gum condition (if mint), and overall preservation. Higher grades indicate better condition and thus higher market value."
Can't say I personally agree with any of this, but that's what the propaganda says.
Numerical grading seems to me like an attempt by coin dealers to influence the stamp market. Seems to have been moderately successful so far, but as evidenced by the other comments, not by stamp collectors who are in the hobby for reasons other than monetary.
Roy
3 Members
like this post.
Login to Like.
I knew a bit about the coin collecting world back in my work life. Dealers would send a coin they bought to a grading outfit to see if it could be upgraded. I saw few instances where they were not upgraded. If this kind of very subjective nonsense doesn't invite shenanigans (being polite) I don't know what does.
I think the same could exist if all stamps went to this system. I'm plenty satisfied with places like Greene in Canada. They will verify mainly the identity of the stamp, the color, and confirm Mint vs Used.
4 Members
like this post.
Login to Like.
Grading and slabbing has been an attempt to make stamps more like a investment commodity to attract others to the hobby as it was with coins. When you see very common stamps with high grades asking very high premiums, it seems obvious. These are not classic stamps. The SMQ is intented to support the prices.
2 Members
like this post.
Login to Like.
I ran across something today that threw me for a loop. I was on another well-known site (won't mention names) and saw a USA C55 with a PSE rating of 98 which links to a SMQ value of $65. The asking price is $42. I look on eBay and can buy MNH VF C55's all day long for a buck... MNH VF plate blocks for a couple of bucks. I guess there are people actually buying these stamps. This seems a bit strange to me. Any thoughts? Am I out of step?
2 Members
like this post.
Login to Like.
re: SMQ rating of stamps by PSE
Just trolling for idiots with more money than brains. Nobody with a hint of stamp collecting genes would ever consider paying $42 for a PSE 98 grade for this issue. I dislike numerical grades in general and this is just one horrible example. What is even worse is the Jumbo grades PSE issues. Yuk.
You can actually find sellers asking $65 for this stamp with a PSE 98 cert on eBay.
1 Member
likes this post.
Login to Like.
re: SMQ rating of stamps by PSE
The SMQ seems to be designed to prop up graded stamp prices
1 Member
likes this post.
Login to Like.
re: SMQ rating of stamps by PSE
A friend of mine wants to know what SMQ is.
1 Member
likes this post.
Login to Like.
re: SMQ rating of stamps by PSE
Try this link.
https://gradingmatters.com/smq.html
Login to Like
this post
BuckaCover.com - 80,000 covers priced 60c to $1.50 - Easy browsing 500 categories
30 Sep 2024
09:17:49am
re: SMQ rating of stamps by PSE
"A friend of mine wants to know what SMQ is."
"An SMQ (Scott's Market Quotient) grade for stamps refers to the market value assigned to a stamp based on its condition and rarity according to the Scott catalog. It's a standardized grading system used in philately (stamp collecting) to assess the worth of stamps. The grade takes into account factors like centering, gum condition (if mint), and overall preservation. Higher grades indicate better condition and thus higher market value."
Can't say I personally agree with any of this, but that's what the propaganda says.
Numerical grading seems to me like an attempt by coin dealers to influence the stamp market. Seems to have been moderately successful so far, but as evidenced by the other comments, not by stamp collectors who are in the hobby for reasons other than monetary.
Roy
3 Members
like this post.
Login to Like.
re: SMQ rating of stamps by PSE
I knew a bit about the coin collecting world back in my work life. Dealers would send a coin they bought to a grading outfit to see if it could be upgraded. I saw few instances where they were not upgraded. If this kind of very subjective nonsense doesn't invite shenanigans (being polite) I don't know what does.
I think the same could exist if all stamps went to this system. I'm plenty satisfied with places like Greene in Canada. They will verify mainly the identity of the stamp, the color, and confirm Mint vs Used.
4 Members
like this post.
Login to Like.
re: SMQ rating of stamps by PSE
Grading and slabbing has been an attempt to make stamps more like a investment commodity to attract others to the hobby as it was with coins. When you see very common stamps with high grades asking very high premiums, it seems obvious. These are not classic stamps. The SMQ is intented to support the prices.
2 Members
like this post.
Login to Like.