Hello Gandhi Collectors,
Last week one of the most hyped 2011 Gandhi Stamp sheet was sold under $3.!! This price is below face value of 250 Rupees ($5.50). Can't Believe it. 40% price decline in 5 months only.
But according to me this is the REAL price of this stamp sheet as it was auction at starting price for under $1 instead of fixed price which start some were from $7 - 20 or more.
The stamp is unique as it is printed on “Khadi”, the handspun cotton material that Mahatma Gandhi held as the symbol of self determination and self reliance.The Khadi Stamp is sold only in Presentation Pack which is priced Rs. 250 ($5.50).
Now after looking above screen shot you will get surprised by the price of this sheet and folder sold for on $2.96 in auction.!! I think it's will worth to wait and watch before we all buy any Gandhi stamps or FDC as they will be available all the time. It will be not unique as MNH stamps will be available all the time.
And don't except it will go up like 10 Rupees 1948 Gandhi stamps as there were not that many collectors in 1948 and also 10 Rupees was a very very big amount in 1948 for all Indian so only people who has this stamp was foreign collectors who are gaining benefit of this 1948 10 rupees stamp!!. So don't think that this will have similiar effect in future for this Khadi stamp.
Only 4 bids were on this unique stamp sheet even though it is made on Khadi Cloth, it is Odd Shaped(square/diamond), limited quantity(100,000) etc. Also not sure whether Shill Bidding took price to $2.96.!!
Not sure why such a low price of this item & I am confused what is right price of this stamp sheet and also other Gandhi stamps and stamp sheets.
Stamp Valuation is in mind of every experienced as well as new collectors.
New collectors will be surprised that their stamps 100+ years old is worth under $1.!! (just couple of cents or no buyer also!!).
Don't think that old stamp means it is valuable.
It all depends on Current Market trends of stamp collection. (Which is DECLINING since last 10 years and it's going down tremendously since last 5 years.!!).
Read my following blog post to understand about stamp collection in DECLINE.!!
1) A Hobby in Decline : 1948 Gandhi USED cover case study.!!
2) A Hobby in Decline.!! - Part-2
3) How to invest when philately price is dropping.
If you see stamps are not even selling or selling like 5-10 times lower their value than mentioned in catalog.!!
To know more about this kind of activity read my following blog post and think what are the possibilities in cheating, glorification, SHILL bidding, FAKE, Forgery etc.
1) 1948 Stamps False hope of Riches?
2) 1948 Gandhi Stamps: Are False hope of Riches - Part II ?
3) 1948 Gandhi Mourning Private FDC : Are False hope of Riches - Part III?
4) 1948 Expensive Gandhi FDC : Are False hope of Riches - Part IV?
5) 1948 Gandhi Stamps Early Usage cover : Gandhi Stamps Are False hope of Riches - Part V?
6) Maxi Card sold for $5100 with 1948 Gandhi Stamps - False hope of Riches - Part VI?
7) Indian Philately Exposed
8) Indian Philately Exposed - Part II
9) Gandhi SERVICE overprint stamp price fell from $1009 to $1.!!
10) How can you tell that Gandhi SERVICE stamp is FAKE or Forgery ?
I hope all the above will help while making decision in investing stamps and to avoid getting CHEATED.!!
Now don't you think it does NOT make sense STAMP INVESTING!!
Thanks
Gandhi Stamps Club.
Last week one of the most hyped 2011 Gandhi Stamp sheet was sold under $3.!! This price is below face value of 250 Rupees ($5.50). Can't Believe it. 40% price decline in 5 months only.
But according to me this is the REAL price of this stamp sheet as it was auction at starting price for under $1 instead of fixed price which start some were from $7 - 20 or more.
The stamp is unique as it is printed on “Khadi”, the handspun cotton material that Mahatma Gandhi held as the symbol of self determination and self reliance.The Khadi Stamp is sold only in Presentation Pack which is priced Rs. 250 ($5.50).
Now after looking above screen shot you will get surprised by the price of this sheet and folder sold for on $2.96 in auction.!! I think it's will worth to wait and watch before we all buy any Gandhi stamps or FDC as they will be available all the time. It will be not unique as MNH stamps will be available all the time.
And don't except it will go up like 10 Rupees 1948 Gandhi stamps as there were not that many collectors in 1948 and also 10 Rupees was a very very big amount in 1948 for all Indian so only people who has this stamp was foreign collectors who are gaining benefit of this 1948 10 rupees stamp!!. So don't think that this will have similiar effect in future for this Khadi stamp.
Only 4 bids were on this unique stamp sheet even though it is made on Khadi Cloth, it is Odd Shaped(square/diamond), limited quantity(100,000) etc. Also not sure whether Shill Bidding took price to $2.96.!!
Not sure why such a low price of this item & I am confused what is right price of this stamp sheet and also other Gandhi stamps and stamp sheets.
Stamp Valuation is in mind of every experienced as well as new collectors.
New collectors will be surprised that their stamps 100+ years old is worth under $1.!! (just couple of cents or no buyer also!!).
Don't think that old stamp means it is valuable.
It all depends on Current Market trends of stamp collection. (Which is DECLINING since last 10 years and it's going down tremendously since last 5 years.!!).
Read my following blog post to understand about stamp collection in DECLINE.!!
1) A Hobby in Decline : 1948 Gandhi USED cover case study.!!
2) A Hobby in Decline.!! - Part-2
3) How to invest when philately price is dropping.
If you see stamps are not even selling or selling like 5-10 times lower their value than mentioned in catalog.!!
There is nothing RARE or Scare in philately because this hobby is in downward trend because experienced collectors are loosing interest because value is not appreciating and new collectors are not coming in to this because there are lot of other things to do for them such as playing video games on Nintendo or X-box , social networking on facebook or google+ or surfing on web through internet or SMS through iphone or android or watch games such as cricket, football or basketball.!!
Only way philately can sustain is to stop cheating in this hobby. Yes CHEATING.!! which is what you will see in order to increase value artificially by inflating the price by SHILL bidding, not paying to seller or mutual understanding cancelling transaction and lot more.
1) 1948 Stamps False hope of Riches?
2) 1948 Gandhi Stamps: Are False hope of Riches - Part II ?
3) 1948 Gandhi Mourning Private FDC : Are False hope of Riches - Part III?
4) 1948 Expensive Gandhi FDC : Are False hope of Riches - Part IV?
5) 1948 Gandhi Stamps Early Usage cover : Gandhi Stamps Are False hope of Riches - Part V?
6) Maxi Card sold for $5100 with 1948 Gandhi Stamps - False hope of Riches - Part VI?
7) Indian Philately Exposed
8) Indian Philately Exposed - Part II
9) Gandhi SERVICE overprint stamp price fell from $1009 to $1.!!
10) How can you tell that Gandhi SERVICE stamp is FAKE or Forgery ?
I hope all the above will help while making decision in investing stamps and to avoid getting CHEATED.!!
Now don't you think it does NOT make sense STAMP INVESTING!!
Thanks
Gandhi Stamps Club.
Well, I understand how passionate you are about philately, but it's a bit harsh to say that youngsters dont take up stamp collecting due to being hooked to social media. Hobby is supposed to make us happy..The collecting, the learning..Its an adventure that brings joy. BUT, Philately is an expensive hobby now. I used to collect stamps 10yrs back. It brought me jpure bliss and my collection was 100% used stamps. Now, the hobby could be sustained because mobile phones and other forms of communication were scarce and expensive..snail mails were extremely common and even mandatory during festive seasons, you know, parents forcing us to send cards/letters/photos to cousins. Stamps now cost easily between 30-100 rs..For which I gotta travel to the main post office thats kms away. Smaller post offices even have rude staff. By the time i buy some 10 sheets, it pushes me back by 1000 rs (i spent 6000rs this month purchasing stamps for my collection as well as to swap). Dont even get me started on how difficult and annoying it is to get stamps as recent as 2018 from the GPO. Its NOT there. Despite the cost, most stamps are - sorry to say - ugly. This makes swapping with foreigners DIFFICULT or in most cases..IMPOSSIBLE. I had close to 200 new zealand stamps as a kid (a new zealand doc frequently got letters from his home)..Now I cant even get 1 (used..Not even mint!). Oh, and if stamps are sent by regular mail when swapping with non Indians, it goes missing..So additional cash for registered. It's hard, exhausting and expensive. This kills the joy I once had for this wonderful hobby..For not just me..But A LOT of hobbyist who took it up for the sheer joy and not as a source of future investment. I couldve bought a PC strategy game for less than 6000rs..Lol. The Indiapost website isnt anything to write home about either. But we still continue..Why? Coz we already are in the hobby and love it. For a new collector, it will prove to be hard.
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