India 1854 stamp was sold for $8300 by eBay seller "matthijs_philatelie" from Belgium.
Do you really think this is very valuable stamp and it is sold for $8300 ?
If you think it's lot of money to be invested in stamp when no one collect stamps anymore.!!
But it's generating money everyone.
- eBay get commission from this transaction (about 10% = $800)
- VAT for EU (about 20 % = $1600)
- PayPal (about 2-3% = $150)
- Belgium government will get Capital Gain TAX on profit (about $1500 - 2000)
- Seller "matthijs_philatelie" will get rest of it (about $5000)
Now do you think all of them are making (getting) money ?
- What if SHILL bidding happens on this transaction and buyer did not paid to seller ? (In this transaction it looks like it, because bidders are very questionable, but it's very hard to tell.!)
- Seller cancel transaction if buyer did not paid or mutual understanding ?
I had seen lot of SHILL bidding in stamp collection to increase price to look like stamps are
- for Investment
- still there is lot of interest in stamp collection
- to increase price so they can get more money
But to me all this pricing is nothing but FALSE HOPES OF RICHES.!!!
Nobody is making money as I think everything is BOGUS.!!
Also not sure whether stamp is GENUINE because there are more forgery of 1854 stamps than any stamps in the world.!!! (Most FORGERY stamp in world.).
Click following link to read more about 1854 India stamps of Queen Victoria.
Click following link to read more about 1854 India stamps of Queen Victoria.
Now let's do see some point to be noted.
- "English India" description does not make sense.
- There were 7 bidders and 34 bids on it.!!
Now let's see 30-Day Summary of bidders and think whether this high price sense.
Look at the # of bids this bidder are trying to bid on # of items.
To me it looks like they are not collectors but traders.!!!
h**m(417)
Total bids: 257
Items bid on: 131
Bid activity (%) with this seller: 42%
i**i (768)
Total bids: 38
Items bid on: 28
Bid activity (%) with this seller: 100%
----> What this indicates ? ( bidder is only bidding with just one seller.!!)
-----> 28 items from one seller only ?
Do you think it's SHILL bidding ?
Here forged stamps seller are not making money. They are just selling as forged items so they make money under $5.
But when this forged stamps is sold as GENUINE, by certain dealers they are making tons of money.!! Like we saw $1009 for Gandhi SERVICE stamp and certain high priced items from British India and China.
Following Mao stamps of China are forged stamps, which might be used on covers or might be selling as genuine stamps or as a used stamps. for 100-150 times more.!!
Following are some of the USED or Mint stamp sold for $2000 -$2500!! What do you think it's a Genuine stamps or forged stamps are sold after lot of bidding.!!!
Following are FORGED queen victoria stamps from India as well as other countries. Chances of getting this stamps as Mint or used with different TYPE of cancel are very high.!!
I have in my collection too.!! and I don't hope you have one in your collection too.!!
Following are some forgery blog post I wrote in past.
1911 First Aerial Mail post forgery card (one of the greatest philatelic blunder in forgery) with receiving and sending postmark.
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| BOGUS forgery cancellation card of 1911 First Aerial Mail from Allahabad. |
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| http://gandhistampsclub.blogspot.com/2013/01/rare-stamps-old-stamps-rps-certificate.html |
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| Gandhi Boycott British Goods label |
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| Gandhi SERVICE FAKE Stamps and Governor Cancellation |
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| FAKE 1948 Indian Embassy of Nepal cancellation and Independence day of India |
This is not COUNTERFEIT. It's BOGUS stamp.!! Because no country name on this.!!! (was selling from $43000 -$2000)
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| FAKE Gandhi specimen stamp.!! |
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| Forged 1948 Gandhi Nepal Indian Embassy Cancellation |
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| FAKE 1948 Gandhi stamps "JAI HIND" Cancellation |
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| FAKE Overprint Cameroun, Nicaragua stamps and FDC!! |
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| How to create FAKE error stamps |
BIDDERS!! "hitlerandgandhi" just to glorify Gandhi stamps they increase price of 1948 Gandhi FDC and Used covers.!!! (Images are not enough to understand this so read following blog posts.!!)
I am not expert and I am in this hobby for 4 years only so you don't have to believe me or trust me. But you can think about it. There are more experts with 20-30-40-50 years sitting around with stamp hobby and there are expertizing certificate which might help you.
If you don't want to go through all this don't think as Investment and think as "Philately Greed" and you will be SAFE.
I think collector, dealers, seller, forger will do anything for money such as making BOGUS cancellation from Winnenden to celebrate non-violence for school shooting or plane crash cover, forged 1948 stamps, Nepal Indian Embassy cancellation, Gandhi SERVICE stamp with forged Sunday cancellation, letter reaching after 2 years or reaching in 3 days from India to France by removing stamps and black ink of rubber stamp etc.
It's nothing new. In stamp collection it has been going on 160+ years since Penny Black. But counterfeit or forgery is going on since 700 B.C. ( 2500+ years).
Don't you think it's a "PHILATELIC GREED"!!
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
Thanks
GSC
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