Hello Gandhi Stamp collectors,
Recently I saw Yemen stamps of Gandhi issued in 1969 sold for $11.!!
I don't think this Gandhi Yemen stamp deserve price tag of $11.!!
It should not be more than $1 because this stamp are printed in large quantity and are still with certain stamp dealer who are releasing slowly.
It should not be more than $1 because this stamp are printed in large quantity and are still with certain stamp dealer who are releasing slowly.
Not sure why it was sold at this high price and who is paying it.!!! But well this is Gandhi philately. Any thing is possible.!!
Now let's dig more in to this transaction.
Seller :- "sedin01". (In past I bought same stamp from him and I paid high price.!!)
Item Location :- Israel
# of bidders :- 2
# of bids :- 5
Bidders :- "2***n(562)" & "a***l(592)"
Winner :- "2***n(562)".
Even first day cover with Yemen stamps of Gandhi don't sell for $11.!!
So don't know what is going on with Mint stamp.!!!
Don't you think First day cover should be more valuable than just mint stamp.!!!
So how come YEMEN F.D.C is selling under $10 where as Yemen stamp is selling for $11.!!
As you all know that there are way more stamps than first day cover.!!
Even Yemen stamps on first day cover are available in large quantity even after 40+ years. Click following link to see.
http://gandhistampsclub.blogspot.com/2012/11/yemen-gandhi-stamp.html
But well, this is Gandhi Philately so you can except surprises all the time. It's normal.!!
Following are some of the YEMEN stamps of Gandhi sold between $1-$2.!!
So what do you think.?
So BEWARE what you are collecting and why are you collecting.!!
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 surfig 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.
No comments:
Post a Comment