Mali Gandhi Stamps : Do you think Gandhi Stamps price will ever go up.!!!

Hello Gandhi Collectors,

Mali honored Mahatma Gandhi by issuing his stamps in 1969 and 1978. (there might be more!!) Both stamps are  unique in color and very nice portrait of him is used on stamp.

1969

1978

Mali is a landlocked country in Western Africa. Mali borders Algeria on the north, Niger on the east, Burkina Faso and the Côte d'Ivoire on the south, Guinea on the south-west, and Senegal and Mauritania on the west.  Its capital is Bamako. 

Present-day Mali was once part of three West African empires that controlled trans-Saharan trade: the Ghana Empire, the Mali Empire (from which Mali is named), and the Songhai Empire. In the late 19th century, during the Scramble for Africa, France seized control of Mali making it a part of French Sudan.

French Sudan joined with Senegal in 1959, achieving independence in 1960 as the Mali Federation. Shortly thereafter, following Senegal's withdrawal from the federation, the Sudanese Republic declared itself the independent Republic of Mali. (Read more about Mali at Wikipedia : Mali)

Mahatma Gandhi stamps from Mali is selling some where between 50 cents to one dollars even after 35+ years. This is very interesting that value is not going up in Gandhi Stamps.

Also FDC are also available at a reasonable price.

So new collectors make sure about pricing. Also you will see lot of stamps with margin or gutter stamps so it's not any rare stamps.

Now look at  following screenshot and you will be amazed. In July 2010(18 months ago), Mali Gandhi 5 stamp was sold for only 99 cents.!! So what do you think about this auction?. Also there was last minute bid retraction.!!!

Seller :- staucy62
Buyer :- dismen987654321

Look at the feedback given by seller "staucy62". To me this seller looks like have multiple accounts and doing shilling bidding as he retracts the bid last moment trying to increase price on it item. In this case he was not successful as the bidder just bid minimum and never increased the bid again which seller(other bidder) was hoping to bid upto $11.!!!!!. Not sure why r***n(376) waited for 6+ days as he bidded on Jul-19 and Retract it on Jul-25 at 10:07 just before auction ends.!!!

 A classic  Shill Bidding on Gandhi stamps. To read more about Shill Bidding click this link.

Read following feedback comment giving by "STAUCY62" and seller's replies.!!  Also see followup reply by  bidder.!!

http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&ftab=FeedbackLeftForOthers&userid=staucy62&iid=-1&de=off&items=200&mPg=2&page=2

Also verify buyer dismen987654321 feedback and you decide. Click this link to see buyer's feedback.

3 years of my experience tells me MNH Gandhi Stamps price will never go up because there are very few collectors around the world compare to other thematic collection, also I don't see too many new collectors are coming in to stamp collections and there are more then enough Gandhi stamps for everyone.!!

Only way to increase price of Gandhi stamps is by Shill Bidding and I think it will not work.!!

I hope my analysis on this Mali Gandhi stamp auction will help to all Gandhi Collectors. It's ugly out there.!!!

Now do you agree with me that it's a SCAM in Gandhi Philately.!!

Again thanks for reading and  Please share your thoughts in the comments section.

Thanks

Ketankumar Patel.