4/18/14

Stamps Investment or Cheating in Stamp collection ?

As from my 500+ blog post you can see that there is a great push for stamps as investment  or stamps as a alternate investment specially in Gandhi stamps as lot of rich Indian, Chinese and UAE people wants to invest in stamps.

Even though stamp collection is declining as current generation born after 1990 is not interested in collecting stamps.


But to me it's nothing but a  great SCAM made by Bernie Madoff or Allen Stanford. It's nothing but to take money by cheating and both of them are in jail.!! 

It's a risk in investment if you invest in stamps.


It looks like similar principle is applied here to make people to invest in Stamps.!!



Compare "Jai Hind" special cancellation with  other special cancellation
 issued on that day and you can see the difference.
I think in stamp collection investment it's also a big scam were you will see

2) Buyer don't pay to seller
3) Seller show image of genuine item and sends you forgery items.

Not only it happens in Gandhi stamps but also in USA stamps send to India.
http://4.bp.blogspot.com/-_ga0K96IWpk/Tri7DESoaUI/AAAAAAAAIzs/5dd29hOOzJY/s1600/lost+in+transit.JPG

But also there are other ways to SCAM

5) Creating forgery stamps
6) Making forgery rubber stamps
7) Making Bogus rubber stamps of never exist cancellation
8) Publishing philatelic handbooks with incorrect information or forgery philatelic items
9) Exhibiting forgery items in stamp shows and online exhibit.
10) Writing incorrect information on stamp website, stamp blog, stamp forums, stamp boards etc.
11) Forgery or Bogus expertising certificate

Now let's see following eBay transaction were seller did not get money from Buyer.!!

1) Either buyer just want to increase price.
2) Or buyer might found out that this is forgery items.
3) Seller wants to hide bidders even though eBay don't provided full bidder name. 

Gandhi Stamps is creating a greatest scandal by some collectors and dealers by using all of the above activity.!!


This Indian 1948 Independence Gandhi  FDC with New Delhi Cancel was sold for $1350.!! Even though it's unique and rare with seven stamps instead of four stamps in a set.

Not sure why buyer did not paid for this even though it's unique.

This is sold by eBay seller "postalpost00" from UK.


Why private listing ?

To me this looks like nothing but a big scam because seller wants to hide who is buying it.!!

Don't know why seller wants to hide. He/She should care about money not who is buyer. It's upto buyer to decide whether he wants to bid with his real id or open a new id on eBay and bid on it.

Opening eBay account is free so anyone can open it and start bidding.!!

It's not only in Gandhi Stamps were buyer don't pay, but to me it looks like in each an every auction this happens.

It's a way to go in online auction were any one can open account and don't need any MONEY DEPOSIT to even bid and obey to pay after Winning.!!

It happen in 1854 Queen Victoria stamp were it was sold for $8000!! Do money grow on TREE.!!

http://gandhistampsclub.blogspot.com/2014/01/india-victoria-cover-4-annas-stamp.html


Now this FDC is for sale again ?

Don't you think eBay shareholder is affected by this kind of SCAM as they are loosing money on this kind of fraudulent buyers or it gives false indication about eBay purchases to new shareholder.!!

It's lot of money for eBay to loose from commission on eBay and Paypal as they are spending lot of money on infrastructure such as servers, networks, application,data center etc.





So this was Cheating by Bidders or Buyer.

Now what are chances of this as a FORGERY or even BOGUS First Day cover ?


After reading this blog post you might start thinking whether you want to collect or INVEST in stamps.!!

TO ME IT ALL CANCELLATION ARE FORGERY OR BOGUS BECAUSE OF DEMAND AND GLORIFICATION.!!

I THINK THIS IS TO CREATE NEW THEMATIC COLLECTION OF 1948 FIRST DAY COVERS!!

SO BEWARE OF THIS.!!

And if you have already 1948 special cancellation in your collection then you will be AFRAID to go back and compare or even see it, because you will be scared that you might be victim of it.!!

In past I compared  special cancellation issued  from BOMBAY, but in this blog post I am comparing or display which ever I saw on eBay so everyone can get idea what happened in past 65+ years or is happening currently as you read this.!!



But it's nothing like 1948 Gandhi stamps with special cancellation including forged stamps.  To me it looks like very large quantity of FORGED or BOGUS first day cover with special cancellation are roaming in the market.!!

Following are just a tip of iceberg from wide varities of 1948 Gandhi special cancellation from India.

Please look at all screenshot of 1948 Gandhi stamps with special cancellation and do SELF study before you pursue your dream or nightmare.!!

When you try to collect cancellation from different cities, then chances are that you might get BOGUS (never issued) or FORGED cancellation if it's rare available from small cities.!!

Chances are some collectors or dealers might have decided that let's create this 1948 Gandhi First Day Cover thematic collection from different cities of India.!!

Also you might see some BOGUS (never issued) or Forged cancellation from Nepal India Embassy, Pondicherry ( former French India until 1954) etc.

Compare following and you decide.!! HALF of them are BOGUS (not forgery, because it never exist or issued by P&T India.!!). You decide which are BOGUS (fantasy).


Calcutta cancellation is Forgery and Simla cancellation are both different.!!


Both SHILLONG cancellation looks different with HINDI alphabet "Jai Hind" and type & # of lines.





Compare above four cancellation from BOMBAY and check for # of lines, types of lines in center of special cancellation. (some has 7 and some has 8 and some don't make sense.!!)

Above two cancellation are from MADRAS. Only cancellation with "AUG".!! Also look at the difference between them in shapes. Also "." is missing.

Forgers have not only manufactured stamps for the philatelic market, they have added forged cancellations to those stamps.

Forged cancellations have also be applied to genuine stamps, in cases where the stamps are worth much more postally used. In addition, where rare cancellations are desired by collectors, those cancellations have also been forged.

Cancellations also may be used to prove that certain philatelic items are genuine. For example, forgers have fabricated many supposedly valuable postal covers by adding genuine stamps and forged postal markings to pre-stamp covers. (From Wikipedia)





Poona & Simla cancellation looks like BOGUS

Don't your think it's UGLY out there ?



Above two cancellation are from NAGPUR looks BOGUS. Look at the difference.

Kanpur & Patna cancellation with irregular alphabets and letters along with shapes




Delhi and New Delhi cancellation. Looks at  the difference.


Pondicherry was ruled by French India in 1948. Compare it with MADRAS which only has "AUG" where as Pondicherry has "AUGUST" even though they are very near.!!

Does ALLAHABAD & PATNA cancellation looks like GENUINE ?

What to SELF study ?

1) G.P.O missing on Simla, Nagpur and Shillong. WHY ? ( Genuine or BOGUS or Forgery)
2) Alphabet type and size : Shillong, Delhi, New Delhi
3) Shapes of special cancellation (Madras)
4) Is it AUG or AUGUST.
5) Compare lines and size inside the cancellation
6) Compare Hindi languague alphabet "जय हिन्द"
7) All kinds of different things you can think and compare.!!


To me it looks like a BIG SCAM.!!!!!! But it's upto you to decide.!!!

Now you do SELF Study and decide and think deep what  happened or happening.!!

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  surfing on web through internet or SMS through iphone or android or watch games such as cricket, football or basketball on TV.

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.

To know more about this kind of activity read my following blog post and think what are the possibilities in cheating, glorification, SHILL bidding, FAKE, Forgery etc.

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!! or even Collecting.!!!

Do you think it's INVESTMENT or GAME.!!

I think it's not for Investment but it's a Philatelic GAME.!!

So let's see how to play  Philatelic Game.!! (click to read how to, rules and regulations.!!)


So what do you think about STAMP INVESTMENT ?

Does it make sense to investment in stamps.

Thanks
Gandhi Stamps Club.



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