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What we collect!
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General Philatelic/Gen. Discussion : Mint Face Value Postage @ 50%

 

Author
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ikeyPikey
Members Picture


31 Jan 2016
03:27:46pm
Note to mods: This is not an offer to sell or a solicitation of any offer to buy. It was a one-day thing, and its over.

Mint Face Value Postage @ 50%

The hotel meeting room next door to a recent meeting of my favorite postcard club was taken by a fellow with a 'Tag Sale'.

There was the usual garage sale stuff, and there was some just-a-little-better-than-garage-sale stuff.

And there were also two cartons full of US mint sheets (mostly 30-odd-cent era), with their very high quality USPS stiffeners inside their USPS factory-sealed cellophane wrappers.

He was selling these at 50% face value, and not a few of us (the current domestic postcard rate being 30-odd-cents) bought a few.

I guess that he had not had all that much success selling MFVP sheets in the past, because he finally asked one of us what we were going to do with all of those stamps.

Much to his chagrin, the answer was, of course, "postage".

He replied that he had thought that he would be selling the stamps to "collectors" for "collecting".

Now, think about this. The same guy who bought these sheets at a price low enough that he could make a profit at 50% face value thought that he was selling genuine collectibles.

I mean, like, you'd think that he oughta be the first one to know better, right?

Cheers,

/s/ ikeyPikey

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"I collect stamps today precisely the way I collected stamps when I was ten years old."
cdj1122
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Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..

31 Jan 2016
04:58:56pm
re: Mint Face Value Postage @ 50%

" .... Now, think about this. The same guy who bought these sheets at a price low enough that he could make a profit at 50% face value thought that he was selling genuine collectibles. ..."

Some of these sellers think that old means collectable and valuable. The older the more collectable. Volume, supply and demand are a foreign constructs.

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".... You may think you understood what you thought I said, but I'm not sure you realize that what you think you heard is not what I thought I meant. .... "
ikeyPikey
Members Picture


31 Jan 2016
05:49:00pm
re: Mint Face Value Postage @ 50%

I see now that I was unclear.

The 'Tag Sale' guy was clearly a commercial flea market dealer who moved indoors - renting a meeting room in a midtown hotel - to escape the NYC winter.

These were not his stamps. He had bought them, at a severe discount, and was selling them, at a marked-up-but-still-severely-discounted price.

I don't know how you pay (perhaps) 10-20c for something that someone bought for a dollar, and sell it for 50c, and think the buyers would be 'collectors'.

Cheers,

/s/ ikeyPikey

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"I collect stamps today precisely the way I collected stamps when I was ten years old."
larsdog
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APS #220693 ATA#57179

31 Jan 2016
06:41:20pm
re: Mint Face Value Postage @ 50%

50% is a good deal. 70% is about the best price I found when searching. I did a lot of mailings with that stuff and a few of my clients made a comment (always positive) about it.

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"Expanding your knowledge faster than your collection can save you a few bucks."

www.larsdog.com/stamps
ikeyPikey
Members Picture


31 Jan 2016
07:55:15pm
re: Mint Face Value Postage @ 50%

"... 70% is about the best price I found ..."



My experience exactly, larsdog. I've paid from 70-100%, which is why I've got such huge piles of MFVP that I groaned in disgust even as I handed-over my fifty bucks Winking

Cheers,

/s/ ikeyPikey
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"I collect stamps today precisely the way I collected stamps when I was ten years old."
SeawayMa

31 Jan 2016
08:22:03pm
re: Mint Face Value Postage @ 50%

Several days ago, as I stood in line at the local Post Office with an envelope of auction lots to one of my buyers, with several older stamps on the envelope, someone behind me in line said 'Don't use those stamps; they're worth a lot of money!'.

I replied 'no, they're not; and this is going to a stamp collector'. 'Oh' was the reply, 'that's OK then'.

So the general population still thinks those 'old stamps' are worth a lot of money, while those of us who know, realize that the 3-4-5-6-8-10 centers are a drug on the market.

Marilyn aka 'SeawayMa'Rolling Eyes

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amsd
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Editor, Seal News; contributor, JuicyHeads

31 Jan 2016
11:01:58pm

Auctions
re: Mint Face Value Postage @ 50%

" are a drug on the market"



then there's that 18c one: Alcoholism: you can beat it
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"Save the USPS, buy stamps; save the hobby, use commemoratives"

juicyheads.com/link.php?PLJZJP
        

 

Author/Postings
Members Picture
ikeyPikey

31 Jan 2016
03:27:46pm

Note to mods: This is not an offer to sell or a solicitation of any offer to buy. It was a one-day thing, and its over.

Mint Face Value Postage @ 50%

The hotel meeting room next door to a recent meeting of my favorite postcard club was taken by a fellow with a 'Tag Sale'.

There was the usual garage sale stuff, and there was some just-a-little-better-than-garage-sale stuff.

And there were also two cartons full of US mint sheets (mostly 30-odd-cent era), with their very high quality USPS stiffeners inside their USPS factory-sealed cellophane wrappers.

He was selling these at 50% face value, and not a few of us (the current domestic postcard rate being 30-odd-cents) bought a few.

I guess that he had not had all that much success selling MFVP sheets in the past, because he finally asked one of us what we were going to do with all of those stamps.

Much to his chagrin, the answer was, of course, "postage".

He replied that he had thought that he would be selling the stamps to "collectors" for "collecting".

Now, think about this. The same guy who bought these sheets at a price low enough that he could make a profit at 50% face value thought that he was selling genuine collectibles.

I mean, like, you'd think that he oughta be the first one to know better, right?

Cheers,

/s/ ikeyPikey

Like
Login to Like
this post

"I collect stamps today precisely the way I collected stamps when I was ten years old."

Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..
31 Jan 2016
04:58:56pm

re: Mint Face Value Postage @ 50%

" .... Now, think about this. The same guy who bought these sheets at a price low enough that he could make a profit at 50% face value thought that he was selling genuine collectibles. ..."

Some of these sellers think that old means collectable and valuable. The older the more collectable. Volume, supply and demand are a foreign constructs.

Like
Login to Like
this post

".... You may think you understood what you thought I said, but I'm not sure you realize that what you think you heard is not what I thought I meant. .... "
Members Picture
ikeyPikey

31 Jan 2016
05:49:00pm

re: Mint Face Value Postage @ 50%

I see now that I was unclear.

The 'Tag Sale' guy was clearly a commercial flea market dealer who moved indoors - renting a meeting room in a midtown hotel - to escape the NYC winter.

These were not his stamps. He had bought them, at a severe discount, and was selling them, at a marked-up-but-still-severely-discounted price.

I don't know how you pay (perhaps) 10-20c for something that someone bought for a dollar, and sell it for 50c, and think the buyers would be 'collectors'.

Cheers,

/s/ ikeyPikey

Like
Login to Like
this post

"I collect stamps today precisely the way I collected stamps when I was ten years old."
Members Picture
larsdog

APS #220693 ATA#57179
31 Jan 2016
06:41:20pm

re: Mint Face Value Postage @ 50%

50% is a good deal. 70% is about the best price I found when searching. I did a lot of mailings with that stuff and a few of my clients made a comment (always positive) about it.

Like
Login to Like
this post

"Expanding your knowledge faster than your collection can save you a few bucks."

www.larsdog.com/stam ...
Members Picture
ikeyPikey

31 Jan 2016
07:55:15pm

re: Mint Face Value Postage @ 50%

"... 70% is about the best price I found ..."



My experience exactly, larsdog. I've paid from 70-100%, which is why I've got such huge piles of MFVP that I groaned in disgust even as I handed-over my fifty bucks Winking

Cheers,

/s/ ikeyPikey
Like
Login to Like
this post

"I collect stamps today precisely the way I collected stamps when I was ten years old."
SeawayMa

31 Jan 2016
08:22:03pm

re: Mint Face Value Postage @ 50%

Several days ago, as I stood in line at the local Post Office with an envelope of auction lots to one of my buyers, with several older stamps on the envelope, someone behind me in line said 'Don't use those stamps; they're worth a lot of money!'.

I replied 'no, they're not; and this is going to a stamp collector'. 'Oh' was the reply, 'that's OK then'.

So the general population still thinks those 'old stamps' are worth a lot of money, while those of us who know, realize that the 3-4-5-6-8-10 centers are a drug on the market.

Marilyn aka 'SeawayMa'Rolling Eyes

Like 
1 Member
likes this post.
Login to Like.
Members Picture
amsd

Editor, Seal News; contributor, JuicyHeads
31 Jan 2016
11:01:58pm

Auctions

re: Mint Face Value Postage @ 50%

" are a drug on the market"



then there's that 18c one: Alcoholism: you can beat it
Like 
1 Member
likes this post.
Login to Like.

"Save the USPS, buy stamps; save the hobby, use commemoratives"

juicyheads.com/link. ...
        

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