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General Philatelic/Gen. Discussion : Country collections..the bait is out there

 

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philb
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13 Jan 2017
03:26:25pm

Auctions
At present our club has a source of country albums with stamps at 20 percent of catalog.The binders are the good staples binders with fabric (about 14 dollars retail) the pages are Steiner with plastic sleeves. I look at the countries like India and Bolivia and i calculate what the original owner spent per page...where do you get modern used Bolivia ? The deals are great...but i can only have passion for so many countries !
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angore
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Collector, Moderator

13 Jan 2017
05:09:22pm
re: Country collections..the bait is out there

Where did they get the albums? Did they buy to allow members to get countries?

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philb
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13 Jan 2017
09:21:53pm

Auctions
re: Country collections..the bait is out there

Angore, the short answer is one of our members is a dealer...i don't know who put the collections together but he must have got them cheap..there were a hundred or more of them...the original owner must have spent a small fortune on binders,pages etc. Our member lets the club auction them starting at 20 percent of catalog.which is what most of them go for...the club takes 10 percent comission from the sales. The dealer considers them low end stuff and is happy if we sell them.

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HungaryForStamps
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14 Jan 2017
12:16:44pm
re: Country collections..the bait is out there

Selling something at 20% that you purchased at 10% or less is at least 100% gross margin. It may be a bargain to the buyer but the dealer is doing fine. Despite the amount spent on binders and plastic sleeves by the original owner, I doubt those materials ever figured much into the sale value. Rarely does unless the materials are in high demand and good quality, such as Scott Intl albums.

I bought a nine volume country collection once for $300, which was less than 10% CV, probably about 5%. The albums and pages/sleeves (hallmark photo albums) at retail were worth at least $900 new and were mostly in good shape. But what value do they really have? I still have no idea what to do with them. Further, reselling the stamps for even 20% would be nice, but that would be a lot of effort and to get that value I'd have to sell individual stamps or sets.

I don't know what my point is, but I sometimes wonder whether that purchase was a bargain or a burden. Three bankers boxes stand in my office as a monument to my success in that deal, probably forever until my children sell it to some dealer for 5% CV.

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philb
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14 Jan 2017
01:02:14pm

Auctions
re: Country collections..the bait is out there

Hungary for stamps, i have no doubt he bought those binder/collections dirt cheap..there are hinge marks where he removed items to sell to his customers. It may have even been an estate sale where someone just wanted the room cleared out. You have me thinking back to when i thought bulk was cheap..did i think i could swap/sell 100 of the same stamp ? Like yourself i have no intention of selling in my lifetime. My wife and i are retired and playing with stamps fills in a lot of time which might otherwise have been boring.

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DavidG
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APS member since 2004

15 Jan 2017
09:56:32am
re: Country collections..the bait is out there

Phil:

Check the Costa Rica for me!!!!

Send everything!!!

David

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"President, The Society for Costa Rica Collectors"
Jeredutt3

16 Jan 2017
01:58:08am
re: Country collections..the bait is out there

How can I find said source? I am always looking for a new country or two!

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philb
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16 Jan 2017
02:23:12pm

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re: Country collections..the bait is out there

Jeredutt3 he is somewhere in Arizona for the winter !

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philb
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16 Jan 2017
02:25:46pm

Auctions
re: Country collections..the bait is out there

David Giles i am your agent for Costa Rica , i have not seen a Costa Rica album..but who knows some on pages may come through.

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Jeredutt3

16 Jan 2017
05:28:25pm
re: Country collections..the bait is out there

well if ya see or hear of any Portugal and Colonies let me know..

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philb
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16 Jan 2017
06:30:44pm

Auctions
re: Country collections..the bait is out there

Ok, Portugal and colonies..will do !

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DavidG
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APS member since 2004

16 Jan 2017
09:44:36pm
re: Country collections..the bait is out there

Thank-you, Phil! You will be rewarded handsomely.

I just picked-up some new issues at the post office to use on packets to you.

David

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"President, The Society for Costa Rica Collectors"
        

 

Author/Postings
Members Picture
philb

13 Jan 2017
03:26:25pm

Auctions

At present our club has a source of country albums with stamps at 20 percent of catalog.The binders are the good staples binders with fabric (about 14 dollars retail) the pages are Steiner with plastic sleeves. I look at the countries like India and Bolivia and i calculate what the original owner spent per page...where do you get modern used Bolivia ? The deals are great...but i can only have passion for so many countries !

Like
Login to Like
this post

"If a man would be anything, he must be himself."
Members Picture
angore

Collector, Moderator
13 Jan 2017
05:09:22pm

re: Country collections..the bait is out there

Where did they get the albums? Did they buy to allow members to get countries?

Like
Login to Like
this post

"Stamp Collecting is a many splendored thing"
Members Picture
philb

13 Jan 2017
09:21:53pm

Auctions

re: Country collections..the bait is out there

Angore, the short answer is one of our members is a dealer...i don't know who put the collections together but he must have got them cheap..there were a hundred or more of them...the original owner must have spent a small fortune on binders,pages etc. Our member lets the club auction them starting at 20 percent of catalog.which is what most of them go for...the club takes 10 percent comission from the sales. The dealer considers them low end stuff and is happy if we sell them.

Like
Login to Like
this post

"If a man would be anything, he must be himself."
Members Picture
HungaryForStamps

14 Jan 2017
12:16:44pm

re: Country collections..the bait is out there

Selling something at 20% that you purchased at 10% or less is at least 100% gross margin. It may be a bargain to the buyer but the dealer is doing fine. Despite the amount spent on binders and plastic sleeves by the original owner, I doubt those materials ever figured much into the sale value. Rarely does unless the materials are in high demand and good quality, such as Scott Intl albums.

I bought a nine volume country collection once for $300, which was less than 10% CV, probably about 5%. The albums and pages/sleeves (hallmark photo albums) at retail were worth at least $900 new and were mostly in good shape. But what value do they really have? I still have no idea what to do with them. Further, reselling the stamps for even 20% would be nice, but that would be a lot of effort and to get that value I'd have to sell individual stamps or sets.

I don't know what my point is, but I sometimes wonder whether that purchase was a bargain or a burden. Three bankers boxes stand in my office as a monument to my success in that deal, probably forever until my children sell it to some dealer for 5% CV.

Like
Login to Like
this post
Members Picture
philb

14 Jan 2017
01:02:14pm

Auctions

re: Country collections..the bait is out there

Hungary for stamps, i have no doubt he bought those binder/collections dirt cheap..there are hinge marks where he removed items to sell to his customers. It may have even been an estate sale where someone just wanted the room cleared out. You have me thinking back to when i thought bulk was cheap..did i think i could swap/sell 100 of the same stamp ? Like yourself i have no intention of selling in my lifetime. My wife and i are retired and playing with stamps fills in a lot of time which might otherwise have been boring.

Like
Login to Like
this post

"If a man would be anything, he must be himself."
Members Picture
DavidG

APS member since 2004
15 Jan 2017
09:56:32am

re: Country collections..the bait is out there

Phil:

Check the Costa Rica for me!!!!

Send everything!!!

David

Like
Login to Like
this post

"President, The Society for Costa Rica Collectors"
Jeredutt3

16 Jan 2017
01:58:08am

re: Country collections..the bait is out there

How can I find said source? I am always looking for a new country or two!

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this post
Members Picture
philb

16 Jan 2017
02:23:12pm

Auctions

re: Country collections..the bait is out there

Jeredutt3 he is somewhere in Arizona for the winter !

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this post

"If a man would be anything, he must be himself."
Members Picture
philb

16 Jan 2017
02:25:46pm

Auctions

re: Country collections..the bait is out there

David Giles i am your agent for Costa Rica , i have not seen a Costa Rica album..but who knows some on pages may come through.

Like
Login to Like
this post

"If a man would be anything, he must be himself."
Jeredutt3

16 Jan 2017
05:28:25pm

re: Country collections..the bait is out there

well if ya see or hear of any Portugal and Colonies let me know..

Like
Login to Like
this post
Members Picture
philb

16 Jan 2017
06:30:44pm

Auctions

re: Country collections..the bait is out there

Ok, Portugal and colonies..will do !

Like
Login to Like
this post

"If a man would be anything, he must be himself."
Members Picture
DavidG

APS member since 2004
16 Jan 2017
09:44:36pm

re: Country collections..the bait is out there

Thank-you, Phil! You will be rewarded handsomely.

I just picked-up some new issues at the post office to use on packets to you.

David

Like
Login to Like
this post

"President, The Society for Costa Rica Collectors"
        

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