Showing posts with label anglo-indian-affairs. Show all posts
Showing posts with label anglo-indian-affairs. Show all posts

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.

11/5/12

Airlines Crash Mail ? Genuine or Forgery?

Hello Gandhi Collectors,

Following cover has nothing to do with Gandhi stamps but I just want to bring more awareness about this cover so we know what are chancing for having this kind of or similar cover in our Gandhi Stamp and Philatelic collection world.

I think chance are very  high.!

New collectors needs to be pro-active so they know what will be coming in future.!!

Recently I saw 1966 Indian Airlines Crash Mail cover selling from UK by "ph4uv".



Also in past I wrote 2 blog post where I mentioned about this seller "ph4uv" so you can read that blog post also about selling Lithuania philatelic material and Round table cancellation.






Now after reading description and title  it looks like this cover survived airline crash even though as per description no survivors.

Do you believe this.?

Is this really airplane crashed cover ?

We had seen all kind of rubber stamps with similiar kind of events. Recently in 2009 there was a FAKE special cancellation issued on October 2nd on International Day of Non-Violence from Winnenden Germany to celebrate High School Massaccare where 16 students and teacher died.  

That cover was completely FAKE and it was one of the EXTREME or DESPERATE move to make money or making UNIQUE to glorified Gandhi stamps!!

Do you think this is another example.? I am not sure but chances are very high.!! 




Let me make sure that I am not an expert so I don't know whether this is Genuine or FAKE. I leave up to buyer and other bidders to decide.

But pricing wise I can tell that this is not worth that much because chances of getting forgery is very very high because it's very easy to forged by making just rubber stamp and we had seen this in past.



To me both bidders s***1(1145) & t***8(3002) are active Gandhi Collectors as I see them on eBay buying high value Gandhi stamps and philatelic material. Some times or almost I lost to them so I am aware of both this bidders.

Not sure why only 2 bidders & 3 bids.!! and starting price $95!!

So I decided to deep dive and find out from PUBLIC AUCTION (all information open to all) what they are buying by publicly available information with eBay tools (you don't have to hack eBay server or snoop client desktop/laptop) to everyone from eBay ( Advance eBay Search by bidder and sorting by price.!!) You can see this mine purchase too by just changing ebay id.!! click following link to check it out.

This is just to educate new collectors so they are aware of things they needs to learn before entering in to collection and can avoid some mistakes by pro-active in philately collection.!! 

http://cgi6.ebay.com/ws/eBayISAPI.dll?ViewBidItems&userid=stampsofindia&sort=10&page=1&rows=200&completed=1&all=1



Collector is buying wide varieties of philatelic material.!! from eBay seller (mareval2, storypost, anglo-indian-affairs,inverstamps, rajsukhani etc.) who also sells Gandhi stamps.!! so it means all kind of activities are going in other thematic collection also.!!

After looking all this trends what we see in Gandhi Stamp collection

What do you think about this Airlines Crash cover ?

Is it Genuine or forgery (just rubber stamp on cover with plane crash)?

Is it worth $405 ?

Do you think eBay share holder are  getting richer by getting commission from this kind of expensive item  because of this kind of philatelic item?

So what are chances of getting this in kind of cover with Gandhi stamps ?


But look at the ROI.!! if some one make this cover with forgery.  A ten paise stamp can get return of 20000 rupees.(2000000 paise.!!). Not BAD!!


Thanks
Gandhi Stamps Club.

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