By Ketankumar Patel.
Hello Gandhi Collectors,
In January I wrote blog post about Collapse in Stamp Collection and I think this blog post will further strengthen your view on that. If you don't have read my previous blog post about collapse in stamp collection then following is the link.
One year ago India issued 100,000 (One Lakh or Hundred thousand or 0.1 million) Gandhi stamp on Khadi(Cotton Cloth) with presentation folder. It was sold only in presentation folder for 250 Rupees ($5 appr.) and actual stamp value is 100 Rupees ($2 appr.)
Recently this presenatation folder with khadi stamp (including presenatation folder) was sold for under $3.50.!!
One year ago stamp collectors were eager to get this Khadi stamp in a presentation folder, thinking value of this stamp will increase tremendously like 10 Rupees 1948 Gandhi stamp, but if you see current price of this folder then you will surprised that what's going in philately hobby.
Following screenshot will give you idea what kind of hype was one year ago to get this stamp.
Look at following screen shot and you can't beleive that 3 Gandhi Khadi Presentation folder with Khadi Stamp in a sheet sold only $2.38, $3.17 and $3.49.!! where as face value of this was $5 in 2011.!!!
What are your feelings about pricing of this MS + Presentation folder.
From above screenshot you can see Gandhi stamps are selling for under $1.!! after 40+ years. It looks like no one is interested.!!
Again thanks for reading and please share your thoughts in the comments section