10/25/11

Bhutan Gandhi Stamps - Don't think Gandhi Stamps are for Investment.!! 200 pieces of 3-D plastic stamps of Gandhi, Kennedy, De Gaulle, Pope Leo XII, Churchill & Eisenhower are selling under $3.!!

Hello Gandhi Collectors,

In 1972 Bhutan issued Plastic 3-D Stamps of  Gandhi, Kennedy, De Gaulle, Pope Leo XII, Churchill & Eisenhower. Even though it is small country Bhutan makes lot of money by selling stamps from collectors like you and me.!!

Even though this are kind of rare stamps as it is made from plastic, it is not appreciating in value. Read my previous blog post about Bhutan Gandhi stamps.

But I was surprised when I saw 200 pieces of 1972 Plastic 3-D stamps was for sale for only $3 per set of 6 stamps (3x200=600$) even after almost 40 years. This means that each stamp is worth only 50 cents including Gandhi.

In past I saw some dealers trying to sell for $175 for a set.!!! What a ripe off they are trying to do to new buyer who is completely unaware of correct market value. (check my previous blog about this)

Also more surprised is that there are more lots like this available for sell, so not sure who will need this many stamps.!!



Now I can imagine for other countries also that there will be plenty of this stamps sitting in everyone's collection trying to find owner for that particular Gandhi stamps.

So again before buying Gandhi stamps please make sure what you are jumping into and what is the right value for Gandhi stamps.

If you don't do your own research than chances are you will pay high price which will make you regret in future.

Also think how many Gandhi Stamps collectors are in the world. Might be 1000-2000 or 3000 or 5000, but not more than that and usually stamps are printed in very large quantities such 100,000 - 140,000,000.

Recently we are seeing auction of big lot of Gandhi stamps. 2 Weeks ago we saw 100 Indipex 2011 Gandhi Khadi Miniature Sheet + Presentation folder for sell. This Khadi stamp is also special stamp made from cloth. So not sure why big lot are coming out.!!

I hope by providing this kind of information I am helping new collectors that Gandhi stamps are not for Investments, so don't just buy thinking it will go up.

Think what's reality.!!




Please read following series of my blog post  to understand what is going on stamp collecting world specially in Indian Philatelic materials and you will think it's all BOGUS.!! Yes it's all BOGUS.!!

So looking to all this facts I think this set of 6 plastic embossed 3D stamps is 595$ for 200 peices is also too much. Yes $3 per set is too much.

So beware.!!

Thanks
Ketankumar Patel.


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