Recently I saw Cameroun Mahatma Gandhi First Moon Landing space overprint stamp sold for $33.
To me this was overprint just to make money by selling it as Rare or unique or error stamps!!
No value in stamp collection right now as it is error.
Do we buy defective product? HELL NO.
First thing it does not make sense that someone will overprint on stamp.
Second thing it does not make sense to overprint multiple different overprint stamp on same stamps. (Gandhi type I stamp, Gandhi type II stamp etc)
Third thing it does not make sense that some one is willing to buy it for $33 in this Internet age world.
$33 for piece of paper!!
But there are 12 bids and 6 bidder!!!
Do you think this is artificially price increased by SHILL bidding?
SHILL bidding is easy. Just open another account on eBay and start bidding. eBay don't ask any payment info until to want to pay for it.!!
If you win then retract the bid.
You can cancel bid before certain timing also.
Do you think sellers has only one account?
Hell No.
This is widely used practice to increase price so it looks genuine that lot of people are buying it and there is increase in value since last year or 5 years!!
But no one know it was actually paid to seller or eBay?
Also some other stamp dealers will bid on this stamp and don't pay in order to increase their stamp collection value.
eBay seller just don't open case and eBay will not charge commission (10%).
Now you will see some of the ebay bidders are bidding on eBay 1569 items (most of them are stamps, Briefmarken, Timbres) with 2400 bids and retracting (take back) on 148 items.
Does it make sense?
To me this was overprint just to make money by selling it as Rare or unique or error stamps!!
No value in stamp collection right now as it is error.
Do we buy defective product? HELL NO.
First thing it does not make sense that someone will overprint on stamp.
Second thing it does not make sense to overprint multiple different overprint stamp on same stamps. (Gandhi type I stamp, Gandhi type II stamp etc)
Third thing it does not make sense that some one is willing to buy it for $33 in this Internet age world.
$33 for piece of paper!!
But there are 12 bids and 6 bidder!!!
Do you think this is artificially price increased by SHILL bidding?
SHILL bidding is easy. Just open another account on eBay and start bidding. eBay don't ask any payment info until to want to pay for it.!!
If you win then retract the bid.
You can cancel bid before certain timing also.
Do you think sellers has only one account?
Hell No.
This is widely used practice to increase price so it looks genuine that lot of people are buying it and there is increase in value since last year or 5 years!!
But no one know it was actually paid to seller or eBay?
Also some other stamp dealers will bid on this stamp and don't pay in order to increase their stamp collection value.
eBay seller just don't open case and eBay will not charge commission (10%).
Now you will see some of the ebay bidders are bidding on eBay 1569 items (most of them are stamps, Briefmarken, Timbres) with 2400 bids and retracting (take back) on 148 items.
Does it make sense?
