Exposing illegal activities by investigating what's happening in Gandhi Stamps. I don't want any other new collector as well as experienced collector to get cheated ever like I was cheated because there was no blog, website or book which gives you reality about Forgery, Fake, Shill bidding and correct pricing in Gandhi Stamps and Philately. Think this blog as GANDHI STAMPS NEWSPAPER. No Profit or NON PROFIT approach without trying to sell anything or no advertisement.
I was just looking India coin collection on eBay and I was surprised that in coin collection there is also CHEATING !!
Same like what we see in stamp collection Cheating.!!
Buyer increase price and don't pay.!!
Recently 1962 Republic of India Decimal coin set proof was sold for $2247 by eBay seller "pmandmore" from New Jersey, USA.
Looking to price it looks like very valuable coin collection. It has appreciated lot if you compare original price of $2-$3 ( 13-14 Rupees coin) so seller has to pay lot of Capital Gain tax to US Treasury if it was sold for $2247.
It's lot of appreciation !!
To me it looks like ARTIFICIALLY price increase by fake bidders who are not interested to buy to increase price or by SHILL bidding.
To me this is valued less than $50 if you are Indian coin collector and this is missing in your portfolio as this are not RARE coins.!!
I might not even pay $10 for this Decimal Coin set.!!
To me folder don't even look GENUINE. It's without any details such as EMBLEM of India, Details of Coins, Year it was issued etc.
Also eBay lost commission of almost $220 from this transaction as seller has to cancel this transaction.!!
Also US treasury lost $500-$700 on this transaction only on capital gain tax and New Jersey state lost sales tax on this transaction.!!
Now this is for sale again for $2300.!!! ($53 more than previous bidding.!!).
Why not seller reducing price to $2222 (2nd last bid) or $2200 so loser (2nd # bidder) can buy it.!!
Why 2nd or 3rd bidder are not buying it using Best Offer.!!!
Because they don't want to.!!!
Don't you see similarity between stamp and coin collections.!!
I can see that.
Bidders (buyer) increase price and don't pay to seller.
Chances of SHILL bidding ( increasing price with help from relatives, friends or own other id) is also higher if you look at # of bids by this bidders.
There were 12 bidders and 19 bids on this auction. (all details are below with screen shot).
e**e(1) was winner but did not paid
s***s(125) was loser - but he is bidding of 44 items with 144 bids and 27 bid retraction in 30 days.!!
_***u(2200) was 2nd loser - but he is bidding on 625 items with 751 bids in 30 days!!
So what this indicates to you.!!
Are 2nd and 3rd loser really wants to buy this item.!!! I don't think so.!!
Bidding on 625 items in 30 days, does not make sense.!!
They are just increasing price.!!
This is exactly what's going in stamp collection.
Still available for $2300.
Want to know more about CHEATING in stamp collection and compare this with COIN collection so you can avoid this.
The Penny Black is Queen Victoria stamp was the world's first adhesive postage stamp used in a public postal system. It first was issued in Great Britain on 1 May 1840, for official use from 6 May of that year.
Look at following stamps and can you make any difference. One is forgery and other is genuine.
Genuine might be forgery also.!!
It's very hard to make difference because it's easy to print the stamps in some eastern European countries.!!
One was sold for $7000 and one is selling for $6.!!
Following are Forgery stamps which as sold for $5-6 as replica stamps or facsimile stamps. Now you just buy it and you can start selling as genuine.!!
To make it more genuine start SHILL bidding.!! (Create another id and bid on it.!!)
Shill bidding will also increase price and # of bidders and # of bids so new collectors who are not aware of this tricks or technique will think it's really worth it to invest in stamps as lot of bidders are bidding it.!!
If SHILL bidding win auction then seller will open case with ebay to avoid to pay commission.
So what do you think selling above Replica stamps (Forgery stamps) as GENUINE and make lot of money !!
Don't you think you can sell it for $7000 like following and make money on this kind of replica stamps.
Click following link to read more about that $7000 selling of Penny Black.
Want to know how much you can make with Experitization Certificate then see following images.
You will be surprised .!!
Penny Black stamp philatelic material selling from $127000, $92000, $67000 with BPA Expert Certificate.!!
BPA Expert Certificate are same like USPA Expert Certificate.!!
Let me make sure any one can print stamp EXPERT Certificate. You don't need to forged, Just print it and fill the details.
Even stamp Expert Certificate are forged or printed with some famous stamp expert society.!!
Following are two stamp expertization certificate which were FORGED by using photoshop and remove the original content of The Royal Philatelic Society Expert committe issued certificate and reused it for BOGUS special cancellation for Round Table Conference and Gandhi SERVICE stamp from India which never issued.
I think Expert Certificate is best way to make any BOGUS stamps or philatelic material as GENUINE.!!
Same way I did with Germany 2009 Special Cancellation philatelic material.!!
So can you make some money by selling Penny Black.!!
But make sure you still have to pay Capital Gain Tax, Sales Tax, VAT etc even though forgery stamps are sold as genuine because government cares about gain on selling price.!!!