Showing posts with label VAT. Show all posts
Showing posts with label VAT. Show all posts

4/20/16

Queen Victoria stamp - David Brandon Expert Certificate - UK capital gain tax on stamp collection.

Recently I saw 1895 Indian stamp of Queen Victoria stamp  with overprint British East Africa - 1895-96 O/P Type 9 on QV 3r (rupees) stamp sold for $3048.!!

We know how easy is to make overprint stamp and claim it is unique and rare.

We know forgery and BOGUS (never exist) stamp are made with overprint and try to cheat seller.

Click following is BOGUS stamp which was sold for $225000.with expert certificate.!!  (It's a common practice in stamp collection.!!)


But this  Indian stamp of Queen Victoria stamp with overprint British East Africa - 1895-96 O/P Type 9 on QV 3r (rupees) stamp sold for $3048 by seller "stampedia" from UK.

It's good for UK government as they will get CAPITAL GAIN TAX from this stamp. (20-30%)

Also UK government will get VAT from this  Queen Victoria stamp with overprint British East Africa - 1895-96. (15-20%)

Also new eBay stock investor will see this as potential oppurntuity to buy eBay stock/shares, because eBay will get 10% from this transaction.!!

Also PayPal will get 2-3% if it was used to complete transaction.!!

So lot of money is flowing from this one stamp to all of them including seller who will get 50% after all the commission to eBay, Capital GAIN tax and VAT.

you decide whether this is genuine or forgery or bogus by
looking margin on sides, type of overprint etc.


Do you think all of them (UK treasury, UK VAT dept, eBay) got money from this sale of QV stamp ?

or

Buyer did not paid and seller cancel transaction.?

So we are not sure.

But you and me are thinking QV stamp sold for $3000.!!

You and me are thinking QV stamp with overprint British East Africa is rare stamp.!!

Ebay shareholders are thinking their stock is good investment because it's getting lot of money from this kind of transaction.!!

Some rich people will be motivated by stamp dealer to invest in stamps by showing this.!!

Some blog writer, newspaper will make it more famous after looking this QV stamps sold for $3000.!!




Also seller has to pay for this David Brandon Expert Certificate so seller can make sure to buyer it's Genuine.

Seller can avoid paying to David Brandon Expert Committe by creating new expert committe of his own.!!

Yes any one can give expert certificate. No formal education or degree needed to give Expert Certificate. Also there is no university who give education for Expertising stamp.!!

Also you need to make sure that there are lot of forgery expert certificate or BOGUS expert certificate is available in market.




To know more about this kind of activity read my following blog post and think what are the possibilities in cheating, glorification, SHILL bidding, FAKE, Forgery etc.

1) 1948 Stamps False hope of Riches?
2) 1948 Gandhi Stamps: Are False hope of Riches - Part II ?
3) 1948 Gandhi Mourning Private FDC : Are False hope of Riches - Part III?
4) 1948 Expensive Gandhi FDC : Are False hope of Riches - Part IV?
5) 1948 Gandhi Stamps Early Usage cover :  Gandhi Stamps Are False hope of Riches - Part V?
6) Maxi Card sold for $5100 with 1948 Gandhi Stamps - False hope of Riches - Part VI?
7) Indian Philately Exposed 
8) Indian Philately Exposed - Part II
9) Gandhi SERVICE overprint stamp price fell from $1009 to $1.!!
10) How can you tell that Gandhi SERVICE stamp is FAKE or Forgery ?

So you can save some money and don't look fool or idiot.!!

http://gandhistampsclub.blogspot.com/2016/04/bpa-expertising-certificate-india-1992.html

http://uspaexpertising.blogspot.com/2014/12/royal-philatelic-society-expert.html

http://gandhistampsclub.blogspot.com/2014/04/stamp-expertizing-bpa-expertising-bpa.html

I hope all the above will help while making decision in investing stamps and to avoid getting CHEATED.!!

Now don't you think it does NOT make sense STAMP INVESTING!!

Thanks
Gandhi Stamps Club.

2/14/16

Great Britain - GB stamp collection - CHEATING in stamp collection ?

Recently I saw Great Britain stamp collection (Mint stamps) sold by eBay UK seller "mint.stamps" since 2003 and item location in USA on January 31 for $5628.

Same Great Britain stamp collection was sold  by eBay UK seller "collectstamps" since 2012 and item location in USA on November 22 for $6225.

Do you think it's REAL GENUINE transaction ?

This means eBay got commission from both of them.!!

Also one is going to pay Capital Gain tax and other is taking loss on Capital Gain Tax (short term) on collectibles.!


Do you BELIEVE that some one will sell this fast after buying it and taking loss ? ($1200+ including commission to eBay ).

But not sure which country will get CAPITAL GAIN tax. USA or UK ?

Reason for this is seller is from UK but item location is USA ?

My guess is about VAT or Capital Gain tax or who knows.!! 

Do you think both eBay id are of same sellers. "mint.stamps" and "collectstamps".

Chances are very high. ( My opinion is yes, but you don't have to believe)

So it's nothing but canceling the eBay transaction so don't have to pay commission which is about 10% of selling price which will be around US 1100$.




Look at catalog value of Great Britain stamps from GB, Canada, FAlkland Islands as per seller.!!

$119,800.!!

And selling for $6000.!!


Recently seller was selling Saudi Arabia ARAMCO used cover for 2nd time .!!

Not sure why but it was for sale again for $999,99 (one hundred thousand US dollars.!!)


This is common practice in Gandhi stamp collection were stamps are sold multiple times by same seller or with different id.!!






So what do you think about this transaction?

Is it GENUINE ?

or CHEATING ?

My personal opinion (you don't have to believe me, but you can think) it's CHEATING .!!

Reason for CHEATING in Great Britain stamp collection.
  • This happen in Gandhi stamps all the time, to increase price by SHILL bidding or by FAKE bidding to increase price and not paying to seller.
  • Who is going to take loss of $1200 in 3 months.! (including commission to eBay).
  • Seller is based in UK and item location in USA.
According to me no one is getting money from this.!!

This is only FALSE hope of riches to increase price and show there is still interest in stamp collection.!!

But according to me there is no interest in stamp collection  as it's DYING hobby. 

I can even say it's an OBSOLETE hobby.

Thanks
GSC.


BTW: Read my 2011  blog post and it same method is used to CHEAT.!!

What is Gandhi Stamp Value ? Does it make sense to Invest in Gandhi stamps.!!

We all know how price are increased on eBay.

1) SHILL bidding
2) Not paying to seller
3) Selling with different accounts.


Now let's research about Gandhi Stamp Value.

I know you all might have following Gandhi stamps in your collection but this is blog post is for future new Gandhi collectors.


Above 12 stamps are very colorful from 9 different countries which are Brazil, Hungary, Chile, Tanzania, Guyana, Senegal , Morocco, Nevis & Ireland. Most of this stamps were issued in 1969 which is almost 40+ years.

But all this stamps were UNSOLD for $12 and now it for resale again at $13.!!!   Look at following screen shot of this Gandhi stamp value and it's amazing that same stamps are sold by 2 different sellers.!!






As I mentioned before that you can find MNH Gandhi Stamps any time as there are NO RARE stamps. It is made RARE by certain dealers who try to profit out of it.

So who ever bought this stamps 40 years ago and preserve this very nicely in album can't sell for $12 from 9 different countries.

 In past we saw GANDHI DU CAMEROUN 2 STAMP 1969  sold for $2-3,  Gandhi SOMALIA 3 STAMPS 1969 sold for $3-4  and GANDHI SYRIAN TWO STAMPS 1969 sold for $1-2.

As I mentioned in my previous blog posts that Gandhi stamps are not for Investment. Now it's up to you to think whether Gandhi stamps make sense for Investment.!!!

You can also read my another blog post about Mahatma Gandhi Stamp - Is it for Investment ?

I know by writing this kind of information I am decreasing my own collection value, but it's OK to let other's new emerging  collectors what is True value of Gandhi  Stamp Collection instead of just using other technique to increase the prices.!!

Another example of same philatelic material sold by 2 different id.  Sellers are "sanu108" and "405940"

Following 3 covers from Suriname, Zambia and Costa Rica were on auction by 2 different sellers.!!!

Also Covers from Zambia and Costa Rica needs more research because CDS is unclear and not sure about postage rates at that time. So stay away from any Gandhi USED covers as it's a big scam going on.!!!




But looking all screen shot it looks like all  3 sellers id's is from same ebay seller.!!

"10saki88" , "sanu108" and  "405940" .!!

And might be more.!! 

I hope you got my point.

Want to know more about FAKE and FORGERY stamps then checkout other blog post click one of the following link and you will be surprised.!!!

1) Philatelic FAKE and FORGERIES.
2) FAKE AERO PHILATELY Covers.
3) Stamp collection CHEATING.
4) Stamp Collection Value
5) Stamp Collecting Facts
6) China stamp collection value.
7) First AirMail Post
8) World First Flight Cover
9) Greatest Stamp Collection Scandal 
10) Biggest stamp collection SCAM
11) SCANDAL in stamp collection 
12) How to increase stamp collection value

Now does it make sense to collect stamps ?

But now you know my 15 steps to make money on internet.!! and following four blog post will make you expert in making money.!!


http://gandhistampsclub.blogspot.com/2013/12/king-george-stamps-post-card-kgv-stamps.html

http://gandhistampsclub.blogspot.com/2013/12/rarities-india-1854-stamp-queen.html

Straits Settlements stamps B/172 India stamps - Do you really think it's worth $34,500.!!?

Make sure you read all of the above blog post, so you will get idea about rare collectibles and expensive collectibles.

After reading above blog  post what do you think about this Rare and Expensive collectibles: How you will be CHEATED. ?

Thanks
Gandhi Stamps Club.






2/10/16

Aerophilately - First Aerial Post Mail - UK VAT taxation on collectibles

Recently 1911 Allahabad airmail card signed by pilot was sold for $1278 by "newby101" from UK , which is good for everyone, including seller, eBay shareholders, UK capital gain tax, UK VAT.

There is no proof (such as movie or photos) that there was airplane flown in 1911 from Allahabad.!!

But we have proof of 1911 airplane flown in UK. (click following link to see it).



So why no movie of first air plane flown from India.!!

Because there was no airplane flown.!! (It's impossible).

Following are some of my previous blog post which will explain my research on First Aerial Post, so after reading you will get idea about FALSE HOPE OF RICHES.!!





But after writing multiple blog post about this Allahabad airmail card, which explain that this 1911 First Aerial Mail or airmail from Allahabad  is nothing by Glorification of BOGUS philately material (to make money.!!).

Can you believe it a piece of paper with rubber stamp was sold for $1278.

My personal opinion (like stamp expert certification, you don't have believe me) about this philately material  is "It's a rubber stamp" (very easy to make) which never exist or flown in first aerial mail.

One more thing is that color of ink does not make sense during that time.!!

Also Date is missing on this CDS (cancellation date stamp.).!!

Airplane on rubber stamp in 1911 and that also in India.!!  (looks like one of the early creativity art display on rubber stamp).

You will not see  this things either from UK or USA in 1911 so how come from India.!!



BTW : Date is missing in this rubber stamp so it's not CDS (cancellation date stamp) but a cachet !!

And this colorful cachet needs to be on side not on top of the stamp.!

This is bought by t***8(5376) who is bidding on 350 items with 672 bids in 30 days  only.!!

Do you think this is a genuine bidder or buyer ?

A real buyer or collector will not bid on 350 items.!! ( Compare with your bidding detail and think does it make sense ?)


So not sure why it was bought by t***8(5376).!! even after reading my multiple blog post.!!






Now look at the following screenshot from eBay you will surprised that Aerophilately -  First Aerial Post Mail cover were not sold.!!

 Some of the other were for auction but did not got any bid. This auction were from USA ebay seller "stamp_bay", "blue_guy_1234" and "drpokiri" from India (previously form USA) from $3500 to $650.!!





So what do you think about this Aerophilately -  First Aerial Post Mail.

Do you think this will help UK economy by capital gain tax ? (only seller and UK government knows about it)

Do you think this will help eBay ? (only seller and eBay knows about it).

We just have to play guessing game.!!

So what's your guess.?

My guess is UK economy did not get money from this auction because chances of not getting paid to seller is very high


Thanks
GSC

BTW: Read my 2013 blog post about FORGERY in Aero Philately - First Air Mail Flight Covers - Zeppelin Covers

http://gandhistampsclub.blogspot.com/2013/12/aero-philately-first-air-mail-flight.html


Do you still trust or believe in rare or unique Gandhi Philatelic material with all kind of different rubber stamps on 1948 Gandhi stamps from India.?

Do you still believe in 1911 First Aerial Mail from Allahabad.?

If answer is yes then read following blog post and think about it again.

Recently I saw FAKE Zeppelin Flight covers.!!  or Aero Philately covers and if seller "aozisik" had not mentioned it as FAKE then it will be not even get notice that they are indeed FAKE flight covers for aero philately.

What I learned in 4+ years that as you move from stamps and first day covers you will face more and more FORGERY or BOGUS philatelic material because advance or experienced collectors wants RARE stamps or UNIQUE stamp collecting material, and so you will see more forgery in some unique stamp exhibition also which can bring you medal.

Stamp and FDC will not get you medal.!! so you need to get some rare stamp collecting material which is only way to create forgery and create scare.

Excellent quality in Aero Philately FAKE flight covers if you see different combination of rubber stamps of POSTMARK of different post office as well as CACHET.




This 18 Zeppelin Flight Covers were sold for $50.

If seller did not mentioned FAKE and did SHILL bidding then it will sell like 1911 First Aerial Mail Post from Allahabad and can make lot of money. ( minimum $18000 if we compare average price of $1000 with 1911 First Aerial Mail from Allahabad).!! which were also sold for minimum $500 and maximum for $1950 by eBay seller  "stamp_bay", "upa-global",  "drpokiri", "bgtonde", "gumpa" and others, 

Of course there will lot of bidders (Shill) instead of just one in this auction.

In my previous blog post I mentioned about forgery cancellation, unbelievable price in Aero Philately, World First Flight air mail cover - who are/were also Gandhi stamps seller.

Click following link to read my blog post aboutAero Philately - First Air Mail Flight Covers - Zeppelin Covers  and you decide whether you really want to be part of this kind of shady collection.

First Aerial Post : India 1911 World 1st AERIAL POST ALLAHABAD

First Aerial Mail Post and Gandhi Stamps material SELLER.

FIRST AERIAL POST : INDIAN PHILATELY EXPOSED - PART III

INDIA STAMP FIRST AERIAL POST 1911 ALLAHABAD : Indian Philately Exposed - Part IV

First Aerial Post : Do you really think it's RARE and demands such a high price in philatelic collection? Is it valid in philatelic exhibition if postage stamps used is not valid ? or it's VALUE LESS.

This means that all rubber stamp (postmark and cachet) applied on this First Air Mail Flight Covers - Zeppelin cover, maxicard or postcard are FAKE.

Following are some of the FAKE rubber stamp of post office of Grafzeppelin, Moscou, Arctique as well as very beautiful cachet on Aero Philately - First Air Mail Flight Covers - Zeppelin Covers.



Do you think above FAKE covers might made it to philatelic museum in order to glorify Aero Philately - First Air Mail Flight Covers - Zeppelin Covers ?

Following is FORGED cachet of First Aerial Post which is also selling as First Air Mail Cover, World First Air Post etc.

Also post office postmark which are not applied on stamps are also forged from Allahabad post office dated 18 February 1911, as well as Sitapur post office.

There is no difference between First Aerial Post, U.P. Exhibition Allahabad 1911 and all of the above rubber stamp postmark and cachet.



Looks like lot of similarities between Gandhi stamps and Air Flight covers, First Flight covers, First Air Mail cover and First  Aerial Mail from Allahabad.

Even Register rubber stamps are FAKE in both.





Above are all bogus RUBBER stamps (which never exist) or forgery which will help future collectors whether they really want to start collecting stamps and philately.!!

Forgery in stamp collection and philatelic material is nothing new. It has been going around since last 150 years since Penny Black first every stamp issued by Great Britain. But the quantity  and quality of forged stamps we see in today's world is unbelievable.

It's hard which one is REAL and which one is FAKE. And if it is on used cover or register cover with forged postmark cancellation it will be impossible for new or regular collector.!!

In Indian stamps and philately specially in Gandhi collection we have seen lot of forgery stamps and philatelic materials, some of them are following.

3) Forged 1948 Gandhi Mourning first day cover.(different way to mourn.!!)

Looks like Gandhi stamps and philatelic material have all kinds of Forgery.!!! including Indian Philatelic items such as 1911 First Aerial Mail from Allahabad and 1854 Queen Victoria stamps.!!

So what are chances of getting this FAKE Aero Philately cover as Genuine covers?

I think if you are new collectors and don't know what's going on behind the doors than you will end up buying it and regret whole your life that Aero Philately - First Air Mail Flight Covers - Zeppelin Covers sucked my money.!!!

So BEWARE when you start collecting  Aero Philately covers - First Air Mail Flight Covers - Zeppelin Covers.

Any way there is not that much interest in Aero Philately covers - First Air Mail Flight Covers - Zeppelin Covers.!!, but it will be good learning experience for Gandhi Stamps Collectors as well Philatelic judges who give medals to Gandhi exhibit so they have something to think about it.

Following are some of the Gandhi Aero Philately - First Air Mail Flight Covers - FFC - First Flight Covers.




I own some of the above Gandhi aero philately first flight cover. I also paid high price because shill bidding and don't know actual pricing information and reality of Aero Philately.

I can avoid writing about this so my investment stay safe, but you know I don't want to other to face all kinds of cheating in stamp collection so I write about it.

By writing this I am not benefiting at all, but I am getting satisfaction of providing some important information to whole collector community so they don't get cheated.

Thanks
Gandhi Stamps Club.


Note : - Following are 18 FAKE First Air Mail Flight Covers - Zeppelin Covers which were sold for $49.!!! (click to enlarge it and see what are chances of this kind of rubber stamp in your collection.!!)







12/25/15

UK VAT on collector's item and philatelic stamps material - Scinde Dawk India QV 1852 from anglo-indian-affairs

Currently I am working on thesis about "VAT on collector's item and philatelic stamps material" and "shares(stock) buying by looking eBay commission income from collector's items selling philatelic materials"

Recently I saw Scinde Dawk India QV 1852 stamp sold for $3070 from eBay seller "anglo-indian-affairs" from UK selling well below catalog value (CV value $9500)

To me this 160+ years old stamp is some what BOGUS because it will be very hard to find information and does not make sense about stamps from this kind country which was ruled by England, I consider this as glorified stamps.!!

(From Wikipedia : The use of the Scinde Dawk adhesive stamps to signify the prepayment of postage began on 1 July 1852 in the Scinde/Sindh district, as part of a comprehensive reform of the district's postal system. A year earlier Sir Bartle Frere had replaced the postal runners with a network of horses and camels, improving communications in the Indus river valley to serve the military and commercial needs of the British East India Company.)

Does it make sense ?

Don't you think it's like a story.!!

Why not QV stamps similar to stamps issued in England from 1840 ?



But this blog post is not about bogus stamp or FORGERY stamps but about money it generates for eBay and UK government.

Lot of money for eBay (shareholders) from commission from this transaction (10% of $3070 = $300).

But lot more  money for UK government from VAT from this philatelic material.($500-550 at rate of 17.5%).

Look following screenshot about UK VAT on collector's item and philatelic stamps material 


Falsification of information to evade payment of VAT may result in fines and/or criminal prosecution. eBay cooperates with government authorities in cases involving potential falsification of information to evade payment of VAT.




Do you think eBay and UK government is getting this money on Scinde Dawk India QV 1852 from "anglo-indian-affairs"?

Because chances of BUYER not paying to seller and eventually seller will file complaint with eBay and get cancel this transaction so don't have to pay commission ?

Also what are chances of SHILL bidding on Scinde Dawk India QV 1852 from "anglo-indian-affairs" (seller philatelic friends or with it's other id) might be increasing price and don't pay. ?

This two factors are very high in stamp collection selling on eBay so don't just buy stock looking this kind of information, because it might be wrong indicator.!!

I will also give you some points to think about this transaction of Scinde Dawk India QV 1852 from "anglo-indian-affairs" so you can decide whether seller got money from buyer or it's a SHILL bidding by looking about details of each bidders which are 

Total bids:  
Items bid on:  
Bid activity (%) with this seller:  
Bid retractions (6 months):  


From this you can predict what's going on.

SHILL bidding or not.?

http://offer.ebay.com/ws/eBayISAPI.dll?ViewBids&item=221972071949&rt=nc&_trksid=p2047675.l2565



  • There were 10 bidders and 38 bids on Scinde Dawk India QV 1852 from "anglo-indian-affairs"
  • Bid started by t***8(5296)

Now if you see 30-Day Summary details about t***8 bidder you will be surprised.


Total bids: 692
Items bid on: 346
Bid activity (%) with this seller: 13%  
Bid retractions (6 months): 14


Can you believe that bidder t***8 is bidding  on Scinde Dawk India QV 1852 from "anglo-indian-affairs" for 346 items with 692 bids.

But 13% bids are with this seller "anglo-indian-affairs".!! (85 bids with this seller).

Also 23 bids a day done by t***8 bidder.!!

Also bidding on 31 items in a day.!!

Don't it look like a DAY TRADER of stocks.!!



Now let's see 5th bidder d***i (1312) Scinde Dawk India QV 1852 from "anglo-indian-affairs"

Total bids: 1813
Items bid on: 365
Bid activity (%) with this seller: 27%  


Can you believe that 1813 total bids in 30 days on 365 items. ?

27% bid activity with this seller "anglo-indian-affairs". (450+ bids with this seller).

60 bids every day!!

Bids on 32 items every day.!!




'



Now you go through following screen shot and decide about this bidders and think whether it's SHILL bidding or genuine transaction.










After looking above screenshot what is your idea or opinion about this transaction and value of  Scinde Dawk India QV 1852 from "anglo-indian-affairs"

Did you notice any unusal activity  from following ?

Total bids:  
Items bid on:  
Bid activity (%) with this seller:  
Bid retractions (6 months):

Do you think it's SHILL bidding ?

Do you think eBay got commission ?

Do you think UK government is getting VAT on philatelic material selling on eBAY by seller "anglo-indian-affair" ?

Thanks
GSC.

LinkWithin

Related Posts Plugin for WordPress, Blogger...