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3/29/19

Rich Chinese stamp investment. in China PRC stamps - China Taiwan 1962 Chinese painting Emperors stamps

China PRC stamps - China Taiwan 1962 Chinese painting Emperors  stamps sold on eBay for $10100 by eBay seller "australia-ox-deals".

Do you think this is genuine stamps ? 

May be not even exist as no one knows what happen in 1962 in communist country so you can print it and sell it.!!

Do you think it's a genuine price ?

SHILL bidding may be possibility as it's easy to open account and start bidding on your own auction.!! or other dealers and collector also increase price as you don't have to pay until you win.

There are 20 bidders and 53 bids (private listing).!!

  • Unknown new collector wins then he has to pay and regret it,.
  • If other dealer or collector wins he will not pay and seller will cancel transaction so don't have to pay commission to eBay.
  • If  SHILL bidder wins he will also not pay and open case with eBay for non payment and don't have to pay commission.

What you see on eBay is not correct price. eBay is not regulated by any government like stock exchange.  U.S. Securities and Exchange Commission is responsible for any wrong trade or illegal trade or anything like insider trading or fake price on US stock exchange such as Dow or Nasdaq.



So do you think this is

GENUINE priced ?

eBay got commission on this. ?

Australian government got VAT on this as per there new online VAT law ?

Did Australian government got Income Tax and other taxes on this high amount collectible items which might also include capital gain tax. ?

So my personal opinion after following things I saw in last 9+ years in stamp collecting and after writing 700+ blogs


  • No one collect stamps anymore.
  • SHILL bidding is only way to increase price
  • Stamp dealers are looking . for Chinese rich people to invest in stamps.!!
  • Forgery, FAKE and BOGUS (never exist) stamps are selling everywhere in order to make money for China & India as there was not much info available.

So my personal opinion is that this is not valued to $10000.!! 

This opinion is like Expert stamp certification who don't take any responsibility even after getting money. 

Here I am giving it free.

If you are rich chinese then you are fooled by some investment advisor to invest in stamp then go for it. It's your money.!!

Let stamp dealer and investment banker become rich and you regret once you know realty.!!

Thanks
GSC.

Note :

China PRC stamps - China Taiwan 1962 Chinese painting Emperors  was sold for $12200 on Jan 13, 2019.!!

15 -18% price reduction in 15 days.!!

with 21 bidders and 82 bids.


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