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General Philatelic/Gen. Discussion : What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

 

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philatelia
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APS #156650

04 Jun 2016
12:04:49pm
I'm preparing a presentation for my local stamp club on pricing stamps with various defects and quality levels. I am scanning just the BACK of the stamp so that the pricing strictly reflects the physical condition and not the rarity, country, color or cancel. I thought it would be helpful for sellers to know how to price stamps for our club auction.

Your opinions would be very helpful - I could really use a sampling of hypothetical pricing from collectors who have purchased better stamps.


Here is the group; A Mint Victorian from a Popular Colony Catalog Value $100. What would YOU pay? What if this were from USA or a less popular country - would that change your pricing? Assume ALL of these catalog for $100.


Mint Example #1 - Mint No Gum

Image Not Found


Mint Example #2 Mint Hinge Remnant Paper stuck to glue at top;

Image Not Found


Mint Example #3 Mint Hinged


Image Not Found


Example #4 Mint No Hinged - please ignore the slight pulled perfs and price this as an undamaged MNH copy


Image Not Found





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philatelia
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APS #156650

04 Jun 2016
12:11:21pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Assume these are ALL used Victorians from a Popular Colony Catalog Value $100

Used example #1;

Image Not Found


Used example #2


Image Not Found


Used example #3


Image Not Found


Used example #4 -- Please kindly ignore the slight pulled perfs - what would you pay for an undamaged used copy


Image Not Found

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04 Jun 2016
12:57:47pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!



OK - I will go first (brave soul here). Pricing assumes nicely centered copy. Interesting exercise - always remember that the over all freshness, color and cancel (used stamps) can make a substantial difference. I have sold VF MNH British Commonwealth sets at over 100 percent of Scott to other dealers for resale several times. They had customers waiting.

#1 - Mint no gum stained heavy pencil notations $5

#2 - Mint with gum - remnant and paper adhesion $7.50

#3 - Mint - hinged $37.50 (with average centering as shown $22.50)

#4 - Mint full gum never hinged - $75.00 (if no gum $25.00)
----------------------

#1 - Used - clipped pulled and short perfs $7.50

#2 - Used - filler. Stain, heavy cancel, crease owners mark in pen - $3.75

#3 - Used - scrap. 50 cents for color reference if not faded

#4 - Used - $50 if nicely centered. $75 if VF and fresh.

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sheepshanks
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04 Jun 2016
02:02:39pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Assuming it is a country that I collect the only stamps illustrated that I would purchase would be the last of each shown, maximum price $15 depending upon the face being perfect.
The others I would not give house room. Would not buy them at all, best thing is to throw them away or use as firelighters.
Catalogue value is no guide whatsoever as they are only ever worth what someone is willing to pay and unless more than one person wants the item it will go cheap.

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Webpaper
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04 Jun 2016
02:41:32pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

I've noticed that I can sell better materials to other dealers at substantially higher prices than many customers are willing to pay.

There is a strong demand for premium material, and much of it brings full catalog or better when sold to the proper clientele.

On the other hand there are a lot of collectors who do not have the means to fill many $100 spaces except with stamps with small thins, missing perfs, moderately heavy cancels, etc.

Just my two cents, BTW - if you can regularly purchase classic British Commonwealth stamps with perfect faces and no flaws and a fresh feel at 15 per cent of Scott you have found the Mother Lode. Congratulations.

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philatelia
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APS #156650

04 Jun 2016
03:34:48pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Wow I'm with Carol - where do you find that kind of quality for 15% of catalog? I'd LOVE to shop with THAT dealer!

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sheepshanks
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04 Jun 2016
04:51:30pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

The question was what I would pay not what sometimes you have to pay. I lose a lot of auctions but often get lucky, 15% is what I aim for, some times I get lucky, more often not.
For the stamps as shown, 15% would be my maximum given the condition as they appear above.

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sheepshanks
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04 Jun 2016
08:37:33pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

From a Vancouver auction that ended today the first 25 items in the list tallied out as follows, on stated catalogue value.

7 @ 15% or less

5 @ 15-25%

7 @ 25-50%

4 @ 50-75%

None @ 75-100%

2 @ 100% +

Countries covered were from Argentina to Canada.
The bargains are out there but set your limits, enjoy the wins, ignore the rest.

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HungaryForStamps
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04 Jun 2016
09:26:54pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Assuming the captions supplied with each image describe the faults completely except the obvious (e.g., pulled perfs, toning etc.). That is, I assume there are no thins or tears. I also assume centering is VF or at least in line with the Catalog value of $100. But note, seeing the front side of the stamp could change drastically what anyone would pay.

First set of four:
#1-#3 - I'd avoid, but maybe 15% CAT for folks that want to fill a space
#4 - I'd try to get what looks like a good example of MNH $100 stamp for 50% CAT.

Second set of four:
#1-#3 - I wouldn't want these at any cost because there's just too much damage. So, a couple bucks at most for these (2%)

#4 - Provided that is not a tear in the top left near the first top perf, again I'd pay 50%.

I sympathize with Sheepshanks' viewpoint. Bargain hunting can net some decent material for well below CAT, usually when buying collections, although often this will include quite a bit of damaged crap. Eventually you need to purchase some specific items outright, from a reputable dealer (including Ebay sellers), often with a cert., such as a US #1. In that case, depending on importance, paying close to catalog value is not unreasonable for VF quality. Consider when there are only a limited number of items in existence; you'll pay up for those.


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philatelia
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APS #156650

04 Jun 2016
09:28:51pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

We're getting sidetracked. I'm hoping the find out how deeply a seller or buyer discounts based on each of the different conditions in the pictures, or how do you feel a seller should price each item. I'm doing this for a presentation for my local stamp club and I need opinions on pricing by condition. Thanks for staying on topic.

Would anyone else like to help me with prices - need more data. Thank you!

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vinman
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04 Jun 2016
09:56:54pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Group #1 mint examples

1-20 % or less than catalog
2-20 % or less
3-30-35%
4-50-75% of catalog
--------------------------------
Group #2 used examples

1-5-10% of catalog
2-not interested even if you gave it to me for free
3-not interested in this stamp either
4-depending on the cancel, socked on the nose or light inking 50-75%

These answers are for a f/vf centering on both sets of examples.
Vince

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BenFranklin1902
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Tom in Exton, PA

04 Jun 2016
11:02:34pm

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re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

I don't think people are as deliberate as to set a percentage of value to each of these situations. What I bid on an item has many factors. First I'm more likely to bid higher on items I like or have been looking for. As a seller you don't know what I'm into that particular week. For stamps I "need" to fill a hole, but am not really into, I bid less and see what happens. Some nights I feel funky and just bid $6.66 on a bunch of high value stuff just to see what happens. Sometime I get lucky.

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philatelia
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APS #156650

04 Jun 2016
11:24:48pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

THANK YOU Vince!! The numbers are really helpful!

More numbers needed to get a decent sampling! Please and thanks!

I agree, Tom, but as I mentioned before, I really need some approximate ranges for my presentation. Could you give me ball park numbers just based on the condition of the numbers shown? Ignore the possible front of the stamp factors - based SOLELY on what you see from the back of the stamp. Would you buy the stamp at all and if so, what would you pay?

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BenFranklin1902
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Tom in Exton, PA

05 Jun 2016
12:31:12am

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re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

#1 - Mint no gum stained heavy pencil notations Won't buy

#2 - Mint with gum - remnant and paper adhesion Won't buy

#3 - Mint - hinged $10-20

#4 - Mint full gum never hinged - $30 or more if it's something I'm looking for and I'm in love with the centering etc.
----------------------

#1 - Used - clipped pulled and short perfs - won't buy

#2 - Used - filler. Stain, heavy cancel, crease owners mark in pen - won't buy

#3 - Used - scrap. won't buy at any price

#4 - Used -$10-20

I don't collect any other country than USA right now. I have been fairly successful at buying US classic stamps in the range of 10-20 percent of value. I bought too many space fillers as a kid, now I won't do that. I'd rather have an empty space than an eyesore.

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philatelia
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APS #156650

05 Jun 2016
10:08:30am
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Four results so far - awesome! Thank you! More would be extremely helpful!

Thanks!

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tomiseksj
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05 Jun 2016
10:49:10am
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

If you want data reflecting what buyers actually paid rather than would pay I suggest that you identify 1 or 2 stamps and search the sold listings on eBay. Depending on the stamp selection you should find examples of all manner of conditions and defects.

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05 Jun 2016
11:13:46am
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Collectors who purchase their stamps on Ebay often pay different prices than what they are willing to pay at a show where they can closely inspect the stamp; both of which deffer from what collectors who buy stamps here on SOR, or at monthly stamp club meetings are willing to pay.


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philb
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05 Jun 2016
12:05:14pm

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re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

This may be a bit off topic..i have friends that exhibit..and when a dealer has a hard to find or unique item that is needed to complete an exhibit..there is no mercy !

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amsd
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Editor, Seal News; contributor, JuicyHeads

05 Jun 2016
12:55:01pm

Auctions
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Theresa,

I don't know crown colonies at all, but I have some experience with victorian GB, so allow me to use GB.

Assuming it's not a rare or a heavily desired stamp (not a penny black nor an elusive plate of 33), here's my thoughts (and I also assume Scott is not listing a NG price independent of what you show here)

Mint
1. Hinge, NG, toning, pencil notation (beautiful perfs, though): 5/10%
2. Hinge and undisclosed thin: 5/10%
3. 25%
4. pulled perfs: 5/10%

used
1. trimmed, rough perfs... really a space filler: 5%
2. crease, pen notation, toning, pulled perfs.... again, more a space filler: 5%
3. pure space filler
4. some minor pulled perfs: 20/50%

David

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philatelia
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APS #156650

05 Jun 2016
01:36:28pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Thank you, David! What would you pay for number 4 without the pulled perfs? I might need to get a better example. Number 4 is meant to be an intact, undamaged used copy. I added a note asking to overlook those perfs on top and on the mint copy too.

"If you want data reflecting what buyers actually paid rather than would pay I suggest that you identify 1 or 2 stamps and search the sold listings on eBay. Depending on the stamp selection you should find examples of all manner of conditions and defects."



Thanks for that, I do know how to go to ebay to find prices paid. I'm sorry - I probably didn't explain why I am doing this. Let me try again.

I am preparing a presentation for my local club on pricing stamps realistically to sell. I need comments about each of the pictures above so that I can lead discussions about pricing each of these different stamps with various faults. I want to get several knowledgeable philatelists to look JUST at the back of a stamp and set a price range based on ONLY the visible flaws or lack thereof. I will then compile all the comments and price estimates and present the data to my club. All the pics on ebay are of the fronts - I want to do this exercise using only the backs so that the stamp itself - country, topic, desirability, whatever, doesn't figure into the price points set.

For example I would like to say "20 people questioned would NOT buy this stamp for more than 5% of catalog". Do you see what I'm trying to do? I need data for the numbers to be significant.


THANK YOU EVERYONE FOR HELPING ME GET SOME DATA AND COMMENTS!!!
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amsd
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Editor, Seal News; contributor, JuicyHeads

05 Jun 2016
07:08:14pm

Auctions
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Theresa,

if both copies of 4 are pristine and well centered, we start at 50% and work our way higher, depending on demand and rarity.

I think that at least as important as condition is demand, but that's not the crux of your discussion. However it must be factored in somewhere, as GB 1 will fetch far more in same condition as most Vickies from near the end of her reign.

and, you should also factor in MY own tendencies to feed towards the bottom

David

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philatelia
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APS #156650

05 Jun 2016
08:40:37pm
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

There seems to be a lot of interesting thoughts about pricing. How about starting a thread to discuss those and just post survey answers here?

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Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..

06 Jun 2016
09:04:09am
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Since I think catalog values are just slightly above the level of fraud and I know that for much material, a dealer will seldom offers more than 10%-15% of whatever catalog is being used I have in mind that I'd not pay more than $25 for any of them.
I should add that my preference for postally used also colors my thinking.
With that in mind;
#1 - Mint no gum stained heavy pencil notations $5.oo
#2 - Mint with gum - remnant and paper adhesion Maybe $5.00
#3 - Mint - hinged $10-20 (Gum can usually be removed)
#4 - Mint full gum never hinged - $10-20
----------------------

#1 - Used - clipped pulled and short perfs - $10.00 if that.
#2 - Used - filler. Stain, heavy cancel, crease owners mark in pen - won't buy - $5.oo to take it away
#3 - Used - toss in dustbin
#4 - Used -$10.oo-$20.oo
There is one important consideration that simply cannot be ignored and that is whether the stamp will fill a remaining space or not.
A long sought issue that completes, not just a set but a page will get a premium.
Simply a nice stamp that will be by its lonesome on a page for some time gets less.

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06 Jun 2016
11:35:11am
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

1 - MNG - Not interested ($0)
2 - HR/Paper Adhesion - $5-10 Depends on the amount of adhesion. Some adhesion could be sign of a repair which would bring the price down to near $0.
3 - Mint hinged - $10-25. If VF and no other issues $25.
4 - Mint Never hinged - $15 to $30. If VF and no other issues up to $30.
______________
1 - Used light damage - $0 to $5
2 - Used heavy damage - $0
3 - Used heavy damage - $0
4 - Used good condition - $15-30 depending on other quality measures.

My general limit is 25-30% of catalog for stamps in VF overall condition mint or used. For British Commonwealth I prefer mint but will gladly buy used for harder to get stamps.

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philatelia
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APS #156650

06 Jun 2016
11:40:53am
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

thank you thank you thank you fellas!!!!!!!!! Super appreciate the data!!!!

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ingunam

06 Jul 2016
02:19:51am
re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

#1 - MNG - $5
#2 - Paper adhesion - don't like it ... I'll be tempted to wash it off - the same $5
#3 - Mint hinged - $10-$20
#4 - Mint Never hinged - $20-$70


#1 - Used light damage - $3
#2 - Used heavy damage - $0.50
#3 - Used (place holder) - $0 or $0.10 if it's first time I see it offered.
#4 - Used good condition - $10 - $30, up to $50 if the used is much more expensive than mint.

Price differences depends on country, centering and perforation.

For me the acceptable price for MNH is 20%-80%, for used ones 10%-60% (with minimum $0.05 per good quality stamp). For complete set of rare VF used stamps have paid even 90%.

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philatelia

APS #156650
04 Jun 2016
12:04:49pm

I'm preparing a presentation for my local stamp club on pricing stamps with various defects and quality levels. I am scanning just the BACK of the stamp so that the pricing strictly reflects the physical condition and not the rarity, country, color or cancel. I thought it would be helpful for sellers to know how to price stamps for our club auction.

Your opinions would be very helpful - I could really use a sampling of hypothetical pricing from collectors who have purchased better stamps.


Here is the group; A Mint Victorian from a Popular Colony Catalog Value $100. What would YOU pay? What if this were from USA or a less popular country - would that change your pricing? Assume ALL of these catalog for $100.


Mint Example #1 - Mint No Gum

Image Not Found


Mint Example #2 Mint Hinge Remnant Paper stuck to glue at top;

Image Not Found


Mint Example #3 Mint Hinged


Image Not Found


Example #4 Mint No Hinged - please ignore the slight pulled perfs and price this as an undamaged MNH copy


Image Not Found





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philatelia

APS #156650
04 Jun 2016
12:11:21pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Assume these are ALL used Victorians from a Popular Colony Catalog Value $100

Used example #1;

Image Not Found


Used example #2


Image Not Found


Used example #3


Image Not Found


Used example #4 -- Please kindly ignore the slight pulled perfs - what would you pay for an undamaged used copy


Image Not Found

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Webpaper

04 Jun 2016
12:57:47pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!



OK - I will go first (brave soul here). Pricing assumes nicely centered copy. Interesting exercise - always remember that the over all freshness, color and cancel (used stamps) can make a substantial difference. I have sold VF MNH British Commonwealth sets at over 100 percent of Scott to other dealers for resale several times. They had customers waiting.

#1 - Mint no gum stained heavy pencil notations $5

#2 - Mint with gum - remnant and paper adhesion $7.50

#3 - Mint - hinged $37.50 (with average centering as shown $22.50)

#4 - Mint full gum never hinged - $75.00 (if no gum $25.00)
----------------------

#1 - Used - clipped pulled and short perfs $7.50

#2 - Used - filler. Stain, heavy cancel, crease owners mark in pen - $3.75

#3 - Used - scrap. 50 cents for color reference if not faded

#4 - Used - $50 if nicely centered. $75 if VF and fresh.

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sheepshanks

04 Jun 2016
02:02:39pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Assuming it is a country that I collect the only stamps illustrated that I would purchase would be the last of each shown, maximum price $15 depending upon the face being perfect.
The others I would not give house room. Would not buy them at all, best thing is to throw them away or use as firelighters.
Catalogue value is no guide whatsoever as they are only ever worth what someone is willing to pay and unless more than one person wants the item it will go cheap.

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Webpaper

04 Jun 2016
02:41:32pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

I've noticed that I can sell better materials to other dealers at substantially higher prices than many customers are willing to pay.

There is a strong demand for premium material, and much of it brings full catalog or better when sold to the proper clientele.

On the other hand there are a lot of collectors who do not have the means to fill many $100 spaces except with stamps with small thins, missing perfs, moderately heavy cancels, etc.

Just my two cents, BTW - if you can regularly purchase classic British Commonwealth stamps with perfect faces and no flaws and a fresh feel at 15 per cent of Scott you have found the Mother Lode. Congratulations.

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philatelia

APS #156650
04 Jun 2016
03:34:48pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Wow I'm with Carol - where do you find that kind of quality for 15% of catalog? I'd LOVE to shop with THAT dealer!

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sheepshanks

04 Jun 2016
04:51:30pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

The question was what I would pay not what sometimes you have to pay. I lose a lot of auctions but often get lucky, 15% is what I aim for, some times I get lucky, more often not.
For the stamps as shown, 15% would be my maximum given the condition as they appear above.

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sheepshanks

04 Jun 2016
08:37:33pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

From a Vancouver auction that ended today the first 25 items in the list tallied out as follows, on stated catalogue value.

7 @ 15% or less

5 @ 15-25%

7 @ 25-50%

4 @ 50-75%

None @ 75-100%

2 @ 100% +

Countries covered were from Argentina to Canada.
The bargains are out there but set your limits, enjoy the wins, ignore the rest.

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HungaryForStamps

04 Jun 2016
09:26:54pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Assuming the captions supplied with each image describe the faults completely except the obvious (e.g., pulled perfs, toning etc.). That is, I assume there are no thins or tears. I also assume centering is VF or at least in line with the Catalog value of $100. But note, seeing the front side of the stamp could change drastically what anyone would pay.

First set of four:
#1-#3 - I'd avoid, but maybe 15% CAT for folks that want to fill a space
#4 - I'd try to get what looks like a good example of MNH $100 stamp for 50% CAT.

Second set of four:
#1-#3 - I wouldn't want these at any cost because there's just too much damage. So, a couple bucks at most for these (2%)

#4 - Provided that is not a tear in the top left near the first top perf, again I'd pay 50%.

I sympathize with Sheepshanks' viewpoint. Bargain hunting can net some decent material for well below CAT, usually when buying collections, although often this will include quite a bit of damaged crap. Eventually you need to purchase some specific items outright, from a reputable dealer (including Ebay sellers), often with a cert., such as a US #1. In that case, depending on importance, paying close to catalog value is not unreasonable for VF quality. Consider when there are only a limited number of items in existence; you'll pay up for those.


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philatelia

APS #156650
04 Jun 2016
09:28:51pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

We're getting sidetracked. I'm hoping the find out how deeply a seller or buyer discounts based on each of the different conditions in the pictures, or how do you feel a seller should price each item. I'm doing this for a presentation for my local stamp club and I need opinions on pricing by condition. Thanks for staying on topic.

Would anyone else like to help me with prices - need more data. Thank you!

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vinman

04 Jun 2016
09:56:54pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Group #1 mint examples

1-20 % or less than catalog
2-20 % or less
3-30-35%
4-50-75% of catalog
--------------------------------
Group #2 used examples

1-5-10% of catalog
2-not interested even if you gave it to me for free
3-not interested in this stamp either
4-depending on the cancel, socked on the nose or light inking 50-75%

These answers are for a f/vf centering on both sets of examples.
Vince

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Tom in Exton, PA
04 Jun 2016
11:02:34pm

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re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

I don't think people are as deliberate as to set a percentage of value to each of these situations. What I bid on an item has many factors. First I'm more likely to bid higher on items I like or have been looking for. As a seller you don't know what I'm into that particular week. For stamps I "need" to fill a hole, but am not really into, I bid less and see what happens. Some nights I feel funky and just bid $6.66 on a bunch of high value stuff just to see what happens. Sometime I get lucky.

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philatelia

APS #156650
04 Jun 2016
11:24:48pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

THANK YOU Vince!! The numbers are really helpful!

More numbers needed to get a decent sampling! Please and thanks!

I agree, Tom, but as I mentioned before, I really need some approximate ranges for my presentation. Could you give me ball park numbers just based on the condition of the numbers shown? Ignore the possible front of the stamp factors - based SOLELY on what you see from the back of the stamp. Would you buy the stamp at all and if so, what would you pay?

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BenFranklin1902

Tom in Exton, PA
05 Jun 2016
12:31:12am

Approvals

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

#1 - Mint no gum stained heavy pencil notations Won't buy

#2 - Mint with gum - remnant and paper adhesion Won't buy

#3 - Mint - hinged $10-20

#4 - Mint full gum never hinged - $30 or more if it's something I'm looking for and I'm in love with the centering etc.
----------------------

#1 - Used - clipped pulled and short perfs - won't buy

#2 - Used - filler. Stain, heavy cancel, crease owners mark in pen - won't buy

#3 - Used - scrap. won't buy at any price

#4 - Used -$10-20

I don't collect any other country than USA right now. I have been fairly successful at buying US classic stamps in the range of 10-20 percent of value. I bought too many space fillers as a kid, now I won't do that. I'd rather have an empty space than an eyesore.

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philatelia

APS #156650
05 Jun 2016
10:08:30am

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Four results so far - awesome! Thank you! More would be extremely helpful!

Thanks!

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tomiseksj

05 Jun 2016
10:49:10am

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

If you want data reflecting what buyers actually paid rather than would pay I suggest that you identify 1 or 2 stamps and search the sold listings on eBay. Depending on the stamp selection you should find examples of all manner of conditions and defects.

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Webpaper

05 Jun 2016
11:13:46am

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Collectors who purchase their stamps on Ebay often pay different prices than what they are willing to pay at a show where they can closely inspect the stamp; both of which deffer from what collectors who buy stamps here on SOR, or at monthly stamp club meetings are willing to pay.


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philb

05 Jun 2016
12:05:14pm

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re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

This may be a bit off topic..i have friends that exhibit..and when a dealer has a hard to find or unique item that is needed to complete an exhibit..there is no mercy !

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amsd

Editor, Seal News; contributor, JuicyHeads
05 Jun 2016
12:55:01pm

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re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Theresa,

I don't know crown colonies at all, but I have some experience with victorian GB, so allow me to use GB.

Assuming it's not a rare or a heavily desired stamp (not a penny black nor an elusive plate of 33), here's my thoughts (and I also assume Scott is not listing a NG price independent of what you show here)

Mint
1. Hinge, NG, toning, pencil notation (beautiful perfs, though): 5/10%
2. Hinge and undisclosed thin: 5/10%
3. 25%
4. pulled perfs: 5/10%

used
1. trimmed, rough perfs... really a space filler: 5%
2. crease, pen notation, toning, pulled perfs.... again, more a space filler: 5%
3. pure space filler
4. some minor pulled perfs: 20/50%

David

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philatelia

APS #156650
05 Jun 2016
01:36:28pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Thank you, David! What would you pay for number 4 without the pulled perfs? I might need to get a better example. Number 4 is meant to be an intact, undamaged used copy. I added a note asking to overlook those perfs on top and on the mint copy too.

"If you want data reflecting what buyers actually paid rather than would pay I suggest that you identify 1 or 2 stamps and search the sold listings on eBay. Depending on the stamp selection you should find examples of all manner of conditions and defects."



Thanks for that, I do know how to go to ebay to find prices paid. I'm sorry - I probably didn't explain why I am doing this. Let me try again.

I am preparing a presentation for my local club on pricing stamps realistically to sell. I need comments about each of the pictures above so that I can lead discussions about pricing each of these different stamps with various faults. I want to get several knowledgeable philatelists to look JUST at the back of a stamp and set a price range based on ONLY the visible flaws or lack thereof. I will then compile all the comments and price estimates and present the data to my club. All the pics on ebay are of the fronts - I want to do this exercise using only the backs so that the stamp itself - country, topic, desirability, whatever, doesn't figure into the price points set.

For example I would like to say "20 people questioned would NOT buy this stamp for more than 5% of catalog". Do you see what I'm trying to do? I need data for the numbers to be significant.


THANK YOU EVERYONE FOR HELPING ME GET SOME DATA AND COMMENTS!!!
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amsd

Editor, Seal News; contributor, JuicyHeads
05 Jun 2016
07:08:14pm

Auctions

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Theresa,

if both copies of 4 are pristine and well centered, we start at 50% and work our way higher, depending on demand and rarity.

I think that at least as important as condition is demand, but that's not the crux of your discussion. However it must be factored in somewhere, as GB 1 will fetch far more in same condition as most Vickies from near the end of her reign.

and, you should also factor in MY own tendencies to feed towards the bottom

David

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philatelia

APS #156650
05 Jun 2016
08:40:37pm

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

There seems to be a lot of interesting thoughts about pricing. How about starting a thread to discuss those and just post survey answers here?

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06 Jun 2016
09:04:09am

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

Since I think catalog values are just slightly above the level of fraud and I know that for much material, a dealer will seldom offers more than 10%-15% of whatever catalog is being used I have in mind that I'd not pay more than $25 for any of them.
I should add that my preference for postally used also colors my thinking.
With that in mind;
#1 - Mint no gum stained heavy pencil notations $5.oo
#2 - Mint with gum - remnant and paper adhesion Maybe $5.00
#3 - Mint - hinged $10-20 (Gum can usually be removed)
#4 - Mint full gum never hinged - $10-20
----------------------

#1 - Used - clipped pulled and short perfs - $10.00 if that.
#2 - Used - filler. Stain, heavy cancel, crease owners mark in pen - won't buy - $5.oo to take it away
#3 - Used - toss in dustbin
#4 - Used -$10.oo-$20.oo
There is one important consideration that simply cannot be ignored and that is whether the stamp will fill a remaining space or not.
A long sought issue that completes, not just a set but a page will get a premium.
Simply a nice stamp that will be by its lonesome on a page for some time gets less.

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smauggie

06 Jun 2016
11:35:11am

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

1 - MNG - Not interested ($0)
2 - HR/Paper Adhesion - $5-10 Depends on the amount of adhesion. Some adhesion could be sign of a repair which would bring the price down to near $0.
3 - Mint hinged - $10-25. If VF and no other issues $25.
4 - Mint Never hinged - $15 to $30. If VF and no other issues up to $30.
______________
1 - Used light damage - $0 to $5
2 - Used heavy damage - $0
3 - Used heavy damage - $0
4 - Used good condition - $15-30 depending on other quality measures.

My general limit is 25-30% of catalog for stamps in VF overall condition mint or used. For British Commonwealth I prefer mint but will gladly buy used for harder to get stamps.

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philatelia

APS #156650
06 Jun 2016
11:40:53am

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

thank you thank you thank you fellas!!!!!!!!! Super appreciate the data!!!!

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ingunam

06 Jul 2016
02:19:51am

re: What would YOU pay? - Need your opinion on FAIR PRICING - thanks!

#1 - MNG - $5
#2 - Paper adhesion - don't like it ... I'll be tempted to wash it off - the same $5
#3 - Mint hinged - $10-$20
#4 - Mint Never hinged - $20-$70


#1 - Used light damage - $3
#2 - Used heavy damage - $0.50
#3 - Used (place holder) - $0 or $0.10 if it's first time I see it offered.
#4 - Used good condition - $10 - $30, up to $50 if the used is much more expensive than mint.

Price differences depends on country, centering and perforation.

For me the acceptable price for MNH is 20%-80%, for used ones 10%-60% (with minimum $0.05 per good quality stamp). For complete set of rare VF used stamps have paid even 90%.

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