China PRC stamps - Giant Panda Imperf stamp - China stamp as investment.

China PRC stamps - Giant Panda Imperf stamp was sold on eBay for $749 by eBay seller "cmcstamps" from California.

Do you think this is Genuine stamp ?

It's easy to make IMPERF stamp by using photocopy (Xerox) or by printing with any latest and greatest printer.!!

Do you think this was officially issued stamp by China government. ?

God know what happened in 1963 in Communist China. It's very hard to eat or save money with Communist rule so how come it's all the way in California.!!

Do you really think China PRC stamps - Giant Panda Imperf stamp is worth lot of money like what you see here.?

MY personal opinion is NO. It's nothing but inflated price. But hard to tell.

Do you think China stamp collector or rich Chinese are investing in stamps as alternate investment after advice from investment banker or after looking it on eBay or other auction house ?

They want Chinese rich people to invest in this kind of things which is worthless.

I don't think so. It's nothing but glorifying stamps on eBay or auction house by SHILL bidding so stamp dealers or seller can convience unknown new Chinese rich people that this will be investment for future.!!

It's an art of selling a piece of paper.!!

But let's see if it was really sold by "cmcstamps" and got money from buyer.

Following will make money on this $750

• eBay gets 10% commission
• Paypal get 2-3% commission
• California will make money on state tax or capital gain tax
• USA Federal Government will get tax money on this as capital gain tax or regular income tax on any collectible item. (USA is very strict on tax so no one can make them fool.!!, USA tax department IRS will go anywhere in the world to get their money.)

So now do you think all of this got money ?

It's really hard as only seller and eBay know that it was sold. Seller only knows whether he/she paid all taxes.

Seller can just open case with non payment by buyer and don't have to do anything.!

Expect sell it again or another item and let people start believing it that China PRC stamps are for investment.!!

So think twice.!!

It's your money so you can investment where ever you want.

You don't have to believe in my opinion like Expert Stamp Certificate even after paying to the expert.

So this is free opinion.!!

Thanks

GSC.