Hello Gandhi Collector,
This is my 7th blog post about Panama stamp of Gandhi because it is one of the most GLORIFIED stamp of Gandhi. Just # of blog post will explain you how much glorified is Panama stamp.!! Following are other 6 blog post about Panama stamp of Gandhi.
Some times I also wonder is this similar to facsimile or copy stamp of Gandhi (FAKE or Forged) because who knows whether it was actually printed with permission of government of Panama. I am not sure but this is my extreme thinking after looking what's going in GANDHI philately.!!
Recently I saw Panama Gandhi stamp for sale at fixed price of $60, but after through investigation it looks there are no buyer for this stamps since last 4 months.!!
Don't know why no BUYER for this Panama stamps even though in past this stamp were sold for high price.
Until now scott catalog value was only 60 cents but just recently upgrade to $60!! Not sure what scott catalog was doing all this years.!!
But in past I saw this stamp selling from $80-140 but according to me it's all BOGUS bidding to glorify this stamp from Panama.!!
Not sure why but in June 2011 Panama Gandhi MNH c384 stamp was sold for $137.!! What a return on investment on 10 Panama Cents in 40 years in US dollars.
I think this is best ROI on Gandhi stamps except 1948 India Mahatma Gandhi 10 Rupees Service(only 100 stamps printed) which does not count as it was not for general public postage stamp or available for collectors or dealers as it was only available or made to use by 1 person and that person was 1st Governor General of India.
This particular stamp is kind of rare (in someone's closet!!) and it demands premium but this was sold for double the amount I saw in last 2 years.
Also you know that Panama used to outsource there stamps to Printers/Dealers who used to provide them stamps to Panama postal department and dealers were selling worldwide to collectors.!! same way like we are seen for small countries in Africa.
Also you know that Panama used to outsource there stamps to Printers/Dealers who used to provide them stamps to Panama postal department and dealers were selling worldwide to collectors.!! same way like we are seen for small countries in Africa.
Again it's is upto collector how much they want to pay. So it is on collector's hand about valuation of this stamp. I don't have MNH stamp and never want to buy this even if someone is selling cheap because I don't want to support this kind of business. I have used stamp for which I paid 10-15$ only which I bought it 2 years ago.
Now let see do some research on this auction. Let me make sure all information is taken from public information available. This is similar to people collect information about housing price sold in USA which publish every week.(zillow.com is using that complied list, what price it sold, last sale etc.).
Date Sold: Jun 08 2011
Seller : docnik(10606 feedback) from USA
Buyer: airpostman(528 feedback) from USA and ebay member since 1998.
Also look at airpostman feedback of 2011. Click following link to see Feedback of airpostman (a big time buyer from "docnik" !!
After looking all this screen shot and looking at URL, what do you think about this stamp price.? Is it Reasonable or High.??
Following blog post is all about FAKE, Forgery , SHILL Bidding, Cheating etc. going in philatelic world not only in Gandhi stamps but also British India stamps as well as all around the world.
1) Error stamp in India : FORGERY in error stamp.!!
2) Olympic and Einstein stamp from Nicaragua selling under $1.!!
3) Is stamp printing as well as Quality Assurance is that bad in India because of lot of ERROR stamps.!!
4) International Philatelic Exhibition : Are full of FAKE and Forgery.!!
5) Great Britain Forgery of used cover.
6) British India King George Stationary is Genuine or Forgery !!
7) King George post card with Mobile post office or walking post office.!!
There are more than 300 blog post just about any possibilities in Philatelic collection so please read throughly and understand about my research.
Before you buy think about one of the possibilities and if you don't get any suspicious thought then buy it other wise you will REGRET whole your life.!!
Thanks
Gandhi Stamps Club.
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