1/17/16

BRITISH INDIA STAMPS - IS HELPING EBAY SHAREHOLDERS AND TREASURY DEPARTMENT OF USA AND UK. ? - Is stamp collection and philatelic material helping US and UK economy ?

In last three months there were total 20 auction with British India stamps including Indian state stamps, were sold above 1000+ dollars.!!

Overall value of this 20 auction was more than $25000!!

If you are tracking this sold  stamp collection or philatelic material then you will be surprised that value is still holding or increasing even though stamp hobby is declining world wide.!!

Do you really think US and UK government will tax (sales tax, state tax, VAT, capital gain tax etc) from this 25000+ value of stamps transaction ? (around $5000)

On top of that eBay will be getting about $2500 just from this auction as a commission without providing any material or products or goods.!!! (just facilitator). By looking this commission don't you think eBay is a good stock (share) to buy ?

How we know that this is genuine transaction and all government is getting taxes on this.

Also how we know that eBay is getting commission from this.

Because chance of increasing price and canceling transaction after auction closed or shill bidding and increase price and buyer don't pay to seller.

It will be very hard to know all this things and so we cannot trust this as genuine transaction.

WANT TO KNOW MORE ABOUT SHILL BIDDING, BOGUS STAMPS, FORGERY STAMPS, FAKE PHILATELIC MATERIAL THEN READ FOLLOWING BLOG POSTS.


Now let's see eBay seller got lot of money from this British India stamps.

eBay seller "jwalk5" got $4010, "greencott" got $3650, "anglo-indian-affairs" got $3040,  "king-post" got $2500.



eBay seller "billwits" got $2470, "greystone" got $2125, "beattle123" got $2050, 




Now let see what are chances of forgery of philatelic material ?

  • British India stamps are available in forgery
  • Easy to make rubber stamp 
  • Even forged material are widely published in various Handbook, Yearly books as well as in award winning stamp collection exhibit.

Now let see what are chances of not getting money to eBay as well as UK and USA governments.

  • Buyer not paying to seller, and seller cancel transaction in order to avoid pay fees to eBay.
  • Chance of SHILL bidding to increase price and cancelling transactions.

Both of them will affect eBay shareholders as well as UK and USA government.

So do you think 

BRITISH INDIA STAMPS - IS HELPING EBAY SHAREHOLDERS AND TREASURY DEPARTMENT OF USA AND UK. ? 

Is stamp collection and philatelic material helping US and UK economy by getting good amount of capital gain tax as well as VAT (sales tax).?

Thanks
GSC.

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