After looking this stamps to me it's not even valued $3. This is highly overpriced, just to trap unknown buyer who don't know about stamps or to glorify stamps by showing high price.
Also stamp collection is declining and no new collectors are coming to this hobby, lot of SHILL bidding, lot of Buyer don't pay to seller after increasing price etc so it's even very hard to sell or buy at right price.
This auction also has India Gandhi stamps issued in 1948, British India King George Stamps, British India King Edward stamps and Overprint of Indian states name on British India stamps.
Also chances of getting caught is less because it's USED by applying rubber stamp, keeping in soil or exposing to sun and make it toned.!!
I think so, but you have to make decision.
Click one of the following link to make your decision and you decide what you see is genuine or forgery.
1) Philatelic FAKE and FORGERIES.
2) FAKE AERO PHILATELY Covers.
3) Stamp collection CHEATING.
4) Stamp Collection Value
5) Stamp Collecting Facts
6) China stamp collection value.
7) First AirMail Post
8) World First Flight Cover
9) Greatest Stamp Collection Scandal
10) Biggest stamp collection SCAM
11) SCANDAL in stamp collection
12) How to increase stamp collection value
Now does it make sense to collect Used Stamps - INDIAN STATES STAMPS - King George Stamps - King Edward stamps after looking above blog posts?
Gandhi Stamps Club