Recently ebay seller 'dm_stamps" from Sunnyvale, California sold 1948 Gandhi stamp postal cover with Dely mark was sold for $2800 (or may be less as offer accepted).
Do you really think some one is spending this kind of money on stamp collection or philatelic hobby where all kind of collection is dead.
No one is collecting anything right now as no one has time because of lot of other activities in the world such as surfing on internet, watching Netflix or youtube or social media like facebook or tiktok or even watching TV and Movies and on top of that people are watching cricket or soccer or other sports.
But someone is buying it as per this transaction which is good for ebay(get commission 10%) and paypal (2-3%) and California and USA Federal Tax from capital gain tax on collectible items as well as local tax where buyer reside.
Do you think all of them are getting money from this.?
It's hard to tell as majority of stamp collection transaction are fake (never processed through) as buyer do SHILL bidding (bidding with other id) or friend will buy it for them and they cancel transaction.!!
But if you see on eBay there are lot of Gandhi stamps are sold and currently available.!!
And you might be thinking this selling price is genuine.?
So do your research as it's very easy to make this kind of postal cover as it only required some old postal envelope and rubber stamps.!!
Very easy way to make money on eBay or any other live auction or online auction by famous auction house.
If you have money and want to waste it then buy it.!! It's your money how you spend it.!!
So what do you think.
Are you going to buy Gandhi stamps ?
Thanks
GSC.
