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Club Business & Announcements/Club Business : Observation from August Auction sales

 

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auldstampguy
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Collector, Webmaster

01 Sep 2013
11:34:41am
Seeing as how we have now ticked over into September, I was just looking at the Auction Sales Reports for August. Almost across the board the percentage sales for each category have jumped significantly when comparing to the last few months. Do you all have any thoughts on why this might have happened?

Regards ... Tim

Ps. To see the Sales Reports, select Reports at the bottom of the Sellers drop down menu on the Auction screen.
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Patches
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Liz

01 Sep 2013
12:05:08pm

Auctions - Approvals
re: Observation from August Auction sales

Tim; I think there's a glitch somewhere in at least one category

Topicals
August 2013 386 (sold) 798 (unsold) 32.60% (sold) ????
If there were more lots unsold then sold the % figure should not be 32.60%.

Otherwise I have no idea why the % of sold items has jumped this past month, other than I've noticed there have been a lot of items listed for a penny in various categories.

Liz

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meostamps
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01 Sep 2013
12:14:45pm
re: Observation from August Auction sales

Hi Tim. I can guess that the influx of new members from Wensy & Bidstart may have played a major role in the increase. Personally, I listed 975 items that closed during August and sold 751 of them, or 77%. Most of my sales were in the categories of UN (NY, Vienna & Geneva), Scandinavia(Denmark), Europe (Ireland & Malta) and UK (Channel Islands issues). I did notice a couple of my buyers were former wensy customers and they were very active with me.

So maybe, a new & different selection of material by the new sellers for the members to bid on had a major effect.


Mike in NC / meostamps



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www.hipstamp.com/store/meostamps
DSCStamps
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01 Sep 2013
12:31:03pm
re: Observation from August Auction sales

Liz - Tim's numbers look correct. If you add the two together is a total of 1184 postings of which 386 were sold, would be 32.6 % of the total.

Dan

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Patches
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Liz

01 Sep 2013
01:01:18pm

Auctions - Approvals
re: Observation from August Auction sales

My error! Sorry!

Liz

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Rhinelander
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Support the Hobby -- Join the American Philatelic Society

01 Sep 2013
02:59:32pm
re: Observation from August Auction sales

There were about the same number of lots purchased (6,332 August vs. 6,378 July), but a massive decrease in the number of lots offered (13,171 vs. 27,634). There could be an inconsistency in the data collection, such as including relisted lots multiple times in the July counts, but only counting unique listings in August. Or counting lots differently if listed in more than one category. Also, the number of BINs strikes me as surprisingly low and I am not sure if the BINs are included in the sales.

Nevertheless, if the same rules of counting were applied, I see the most probable reason for the decline of lots offered in August is some sellers not relisting unsold lots at the same rate as in prior months (perhaps due to vacation or finally given up on stuff that simply won't sell).

Arno


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philb
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01 Sep 2013
06:38:07pm

Auctions
re: Observation from August Auction sales

i know Mike in NC..Meostamps will be a big contributor to the listings !!! Where else but here would you find people listing the 5 cent stamps that people need to fill those spaces..i don't think you are going to find them on the Stamp Community Forum and less and less dealers at shows have the 10 cent stockbooks !!!

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cdj1122
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Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..

02 Sep 2013
06:20:15am
re: Observation from August Auction sales

I can understand why fewer dealers are willing to pay the high table fees, gas expenses and often lodging and meals for a show to carry nickel and dime stamps.
I see the internet and club sales as the place where the expense to list low value stamps is almost nil. Plus displaying a book at an all day show may bring five or ten buyers who are looking for that type of material while posting, and re-posting, ad infinitum, minimal priced items should expose them to hundreds of prospective buyers such as yours truly. That being, collectors who, having been acquiring stamps for twenty or thirty years, have most of the inexpensive issues except for this or that annoyingly difficult to find stamp to fill in a space or replace some heavily cancelled example.
Also at my age, getting to a show and drifting too far from the toilet facilities while getting excited over the beauties on display is a real problem. Sitting at home at the computer with my albums near at hand to compare stamps offered with stamps already in place is so much easier.
And then every so often along cometh that more expensive treasure that has long been sought for, at an affordable price, and a good bid can be placed. While the seller saves a considerable amount in the show fees by selling here, or elsewhere on line, I save a small fortune not traveling to and from even a moderately distant show, not eating several meals out and, just s often, not taking a modest motel room somewhere.
I think that enters the area known as "Win-win."

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BobbyBarnhart
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They who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety. -Benjamin Franklin

02 Sep 2013
07:36:32am
re: Observation from August Auction sales

Even motel rooms in Boston run around $150/night. Earlier this year, I spent three days in downtown Boston in a hotel ($200/night - discounted!) plus $49/day parking and with the added pleasure of paying $15 for a cheeseburger. By the time I checked out, I had a tab of a little over $1,000! When I add in the cost of gas and other travel expenses, I figure I could have purchased a set of NH Zeps had I just stayed home and played around online!

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philb
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02 Sep 2013
10:22:28am

Auctions
re: Observation from August Auction sales

You guys are correct, we usually incorporate stamp shows with mini vacations..like going to Charleston South Carolina and then on to Atlanta to visit long lost friends..The Ottawa show costs me about $200 in gas and some meals out..but friends put us up and we get to visit once a year..so its always more than just going to a show..The big shows in New York City cost us $20 each for a Metro North ticket...i love New York City for ONE DAY and then its HOME SWEET HOME !

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Author/Postings
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auldstampguy

Collector, Webmaster
01 Sep 2013
11:34:41am

Seeing as how we have now ticked over into September, I was just looking at the Auction Sales Reports for August. Almost across the board the percentage sales for each category have jumped significantly when comparing to the last few months. Do you all have any thoughts on why this might have happened?

Regards ... Tim

Ps. To see the Sales Reports, select Reports at the bottom of the Sellers drop down menu on the Auction screen.

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https://mncancels.or ...
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Patches

Liz
01 Sep 2013
12:05:08pm

Auctions - Approvals

re: Observation from August Auction sales

Tim; I think there's a glitch somewhere in at least one category

Topicals
August 2013 386 (sold) 798 (unsold) 32.60% (sold) ????
If there were more lots unsold then sold the % figure should not be 32.60%.

Otherwise I have no idea why the % of sold items has jumped this past month, other than I've noticed there have been a lot of items listed for a penny in various categories.

Liz

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Members Picture
meostamps

01 Sep 2013
12:14:45pm

re: Observation from August Auction sales

Hi Tim. I can guess that the influx of new members from Wensy & Bidstart may have played a major role in the increase. Personally, I listed 975 items that closed during August and sold 751 of them, or 77%. Most of my sales were in the categories of UN (NY, Vienna & Geneva), Scandinavia(Denmark), Europe (Ireland & Malta) and UK (Channel Islands issues). I did notice a couple of my buyers were former wensy customers and they were very active with me.

So maybe, a new & different selection of material by the new sellers for the members to bid on had a major effect.


Mike in NC / meostamps



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DSCStamps

01 Sep 2013
12:31:03pm

re: Observation from August Auction sales

Liz - Tim's numbers look correct. If you add the two together is a total of 1184 postings of which 386 were sold, would be 32.6 % of the total.

Dan

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Patches

Liz
01 Sep 2013
01:01:18pm

Auctions - Approvals

re: Observation from August Auction sales

My error! Sorry!

Liz

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Rhinelander

Support the Hobby -- Join the American Philatelic Society
01 Sep 2013
02:59:32pm

re: Observation from August Auction sales

There were about the same number of lots purchased (6,332 August vs. 6,378 July), but a massive decrease in the number of lots offered (13,171 vs. 27,634). There could be an inconsistency in the data collection, such as including relisted lots multiple times in the July counts, but only counting unique listings in August. Or counting lots differently if listed in more than one category. Also, the number of BINs strikes me as surprisingly low and I am not sure if the BINs are included in the sales.

Nevertheless, if the same rules of counting were applied, I see the most probable reason for the decline of lots offered in August is some sellers not relisting unsold lots at the same rate as in prior months (perhaps due to vacation or finally given up on stuff that simply won't sell).

Arno


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this post
Members Picture
philb

01 Sep 2013
06:38:07pm

Auctions

re: Observation from August Auction sales

i know Mike in NC..Meostamps will be a big contributor to the listings !!! Where else but here would you find people listing the 5 cent stamps that people need to fill those spaces..i don't think you are going to find them on the Stamp Community Forum and less and less dealers at shows have the 10 cent stockbooks !!!

Like
Login to Like
this post

"And every hair is measured like every grain of sand"

Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..
02 Sep 2013
06:20:15am

re: Observation from August Auction sales

I can understand why fewer dealers are willing to pay the high table fees, gas expenses and often lodging and meals for a show to carry nickel and dime stamps.
I see the internet and club sales as the place where the expense to list low value stamps is almost nil. Plus displaying a book at an all day show may bring five or ten buyers who are looking for that type of material while posting, and re-posting, ad infinitum, minimal priced items should expose them to hundreds of prospective buyers such as yours truly. That being, collectors who, having been acquiring stamps for twenty or thirty years, have most of the inexpensive issues except for this or that annoyingly difficult to find stamp to fill in a space or replace some heavily cancelled example.
Also at my age, getting to a show and drifting too far from the toilet facilities while getting excited over the beauties on display is a real problem. Sitting at home at the computer with my albums near at hand to compare stamps offered with stamps already in place is so much easier.
And then every so often along cometh that more expensive treasure that has long been sought for, at an affordable price, and a good bid can be placed. While the seller saves a considerable amount in the show fees by selling here, or elsewhere on line, I save a small fortune not traveling to and from even a moderately distant show, not eating several meals out and, just s often, not taking a modest motel room somewhere.
I think that enters the area known as "Win-win."

Like
Login to Like
this post

".... You may think you understood what you thought I said, but I'm not sure you realize that what you think you heard is not what I thought I meant. .... "

They who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety. -Benjamin Franklin
02 Sep 2013
07:36:32am

re: Observation from August Auction sales

Even motel rooms in Boston run around $150/night. Earlier this year, I spent three days in downtown Boston in a hotel ($200/night - discounted!) plus $49/day parking and with the added pleasure of paying $15 for a cheeseburger. By the time I checked out, I had a tab of a little over $1,000! When I add in the cost of gas and other travel expenses, I figure I could have purchased a set of NH Zeps had I just stayed home and played around online!

Like 
5 Members
like this post.
Login to Like.

"The only thing necessary for the triumph of evil is for good men to do nothing. -Edmund Burke"

www.bobbybarnhart.ne ...
Members Picture
philb

02 Sep 2013
10:22:28am

Auctions

re: Observation from August Auction sales

You guys are correct, we usually incorporate stamp shows with mini vacations..like going to Charleston South Carolina and then on to Atlanta to visit long lost friends..The Ottawa show costs me about $200 in gas and some meals out..but friends put us up and we get to visit once a year..so its always more than just going to a show..The big shows in New York City cost us $20 each for a Metro North ticket...i love New York City for ONE DAY and then its HOME SWEET HOME !

Like
Login to Like
this post

"And every hair is measured like every grain of sand"
        

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