Gilman
first, other than the tear, the stamp is nice. well centered, fairly light cancel. I can;t tell if that's toning at the top; if so, that would be a second fault.
So, if you want the stamp, get it.
as to reselling it, you probably can't, and it won't enhance the value of a collection.
finally, cheap as I am, I think 10% is high for a clearly damaged stamp, unless they just aren't available anywhere. If that'st he case, then get it.
Lets not forget that the guy who pays the bills around here and makes it possible for us to have a great place to call home also has a lot of stamps and covers available.
Here's a Canada 99 for a bit less money - thin and reinforced tear..
https://www.discountstampshop.com/bargainbin/showitemcombo.php?stocknum=SA16771&code=canused1900&
The front door to his store is at the top right of this page .........
Given a choice between the two stamps referenced in this thread, I would buy the one Carol provided the link to. Even at 90% of catalog value ($7.00), I think the stamp is nice enough for that price. Roy's "on sale" asking price is even more attractive.
The stamp pictured is on the bad sad. If I were selling it, I would probably price it from $3.50 to $1.00, depending how bad the crease is at the top right.
Years ago, I created a stamp grading table that I compiled after researching how the stamp graders and better dealers were evaluating stamps and conditions. I still have it (it used to be posted on the old StampWants). Every now and then I get a request for a copy of it. If anyone wants it, send me a private message requesting it, and include your email address. I'll send it to you as an attachment. It is in HTML format.
I haven't checked about it here, but maybe I can make this form part of an article, if I can upload an HTML file into the article creating tool? Tim or Ralph, do you know?
I have Michael's table. It's a very useful tool!
Lars
I would save the money and wait for solid copy to come by. For 10-20% of catalog value you should be able to get a solid copy with zero obvious faults.
I did a quick search on Delcampe - at least one seller there seems to have a relative nice looking copy for fixed price of 15$ + 3$ postage worldwide. And with time you are guaranteed to discover better offers without compromising quality of your collection. It's all about patience.
-k-
I tend to shy greatly from paper damage or any kind of damage to the stamp design - scrapes, even AVG centering, where the perfs are into a frame line. And stains, that's just another paper damage issue.
Minor perf faults I'm OK with.
Sometimes, I'd rather have some perf faults to indicate that the stamp was NOT reperfed.
And F-VF centering I'll tolerate if I have to.
This has guided me for about 40 years of collecting, and when I look back at some of the US Classics stuff I bought when I was a kid, I say, "Dang, that's NICE!"
-Paul
The Canada 99 as it stands is strictly as space filler and 1.00 would be too much to pay.The Unitrade Specialized Catalogue indicates that 1.2 million were print and lots of them have survived used.You need to find a Canadian interested in Canadian stamps who likes to attend local stamps bourses on Sunday.They could could pick you up an excellent used copy for less than that 7.00 offer.
I've bought only two stamps that were discounted because of faults. I saved a lot of money over catalogue, but I regret spending anything on them. When I see them, I only see the faults, not the stamps' positive attributes. And one stamp's fault is that it has no gum! Otherwise, it's a beautiful stamp. But do I see the beauty? Nope. I only "see" its gumless backside!
On the other hand, there is one type of "fault" that I don't mind at all — Straight Edges (SE). I don't think that modern printing methods result in any stamps with straight edges, but in decades past large sheets of 400 stamps were cut into four panes 100 stamps each, with the result that 18 stamps from the sheet had SEs their right edges, 18 had SEs on their left edges, 18 had SEs on their bottom edges, and 18 had SEs on their top edges. Then there were four stamps from the middle of the sheet that each had intersecting two intersecting SEs on one corner. And, finally, most stamps from booklet panes have one or two SEs. Give me a straight-edged stamp any day rather than a fully-perforated but badly off-centre stamps. Fortunately for me, most dealers discount SEs (although I've heard that in Europe, SEs are valued for the "rarities" that they actually are).
Bob
"I would save the money and wait for solid copy to come by. For 10-20% of catalog value you should be able to get a solid copy with zero obvious faults. "
"On the other hand, there is one type of "fault" that I don't mind at all — Straight Edges (SE)"
From time to time, I am tempted to acquire a few "high value" stamps at a substantial discount to catalogue value. One stamp in question that I am mulling over purchasing is Canada #99 at 90% of the used catalogue valuation ($70.00). The stamp is fairly well centered, previously hinged and lightly cancelled. However, a "fault" is present in a left side tear of approximately 1/8 inch. My dilemma is that, even though it is a stamp dearly needed to complete my collection set, I don't want to pay $7.00 for a stamp that is regarded by other collectors or dealers as being totally worthless. So, given that bit of info., how does a collector assess valuation of a stamp that has a fault? Any thoughts or research reference on this subject will be greatly appreciated.
re: Valuation of "High Value" Stamps with "faults."
Gilman
first, other than the tear, the stamp is nice. well centered, fairly light cancel. I can;t tell if that's toning at the top; if so, that would be a second fault.
So, if you want the stamp, get it.
as to reselling it, you probably can't, and it won't enhance the value of a collection.
finally, cheap as I am, I think 10% is high for a clearly damaged stamp, unless they just aren't available anywhere. If that'st he case, then get it.
re: Valuation of "High Value" Stamps with "faults."
Lets not forget that the guy who pays the bills around here and makes it possible for us to have a great place to call home also has a lot of stamps and covers available.
Here's a Canada 99 for a bit less money - thin and reinforced tear..
https://www.discountstampshop.com/bargainbin/showitemcombo.php?stocknum=SA16771&code=canused1900&
The front door to his store is at the top right of this page .........
re: Valuation of "High Value" Stamps with "faults."
Given a choice between the two stamps referenced in this thread, I would buy the one Carol provided the link to. Even at 90% of catalog value ($7.00), I think the stamp is nice enough for that price. Roy's "on sale" asking price is even more attractive.
The stamp pictured is on the bad sad. If I were selling it, I would probably price it from $3.50 to $1.00, depending how bad the crease is at the top right.
Years ago, I created a stamp grading table that I compiled after researching how the stamp graders and better dealers were evaluating stamps and conditions. I still have it (it used to be posted on the old StampWants). Every now and then I get a request for a copy of it. If anyone wants it, send me a private message requesting it, and include your email address. I'll send it to you as an attachment. It is in HTML format.
I haven't checked about it here, but maybe I can make this form part of an article, if I can upload an HTML file into the article creating tool? Tim or Ralph, do you know?
re: Valuation of "High Value" Stamps with "faults."
I have Michael's table. It's a very useful tool!
Lars
re: Valuation of "High Value" Stamps with "faults."
I would save the money and wait for solid copy to come by. For 10-20% of catalog value you should be able to get a solid copy with zero obvious faults.
I did a quick search on Delcampe - at least one seller there seems to have a relative nice looking copy for fixed price of 15$ + 3$ postage worldwide. And with time you are guaranteed to discover better offers without compromising quality of your collection. It's all about patience.
-k-
re: Valuation of "High Value" Stamps with "faults."
I tend to shy greatly from paper damage or any kind of damage to the stamp design - scrapes, even AVG centering, where the perfs are into a frame line. And stains, that's just another paper damage issue.
Minor perf faults I'm OK with.
Sometimes, I'd rather have some perf faults to indicate that the stamp was NOT reperfed.
And F-VF centering I'll tolerate if I have to.
This has guided me for about 40 years of collecting, and when I look back at some of the US Classics stuff I bought when I was a kid, I say, "Dang, that's NICE!"
-Paul
re: Valuation of "High Value" Stamps with "faults."
The Canada 99 as it stands is strictly as space filler and 1.00 would be too much to pay.The Unitrade Specialized Catalogue indicates that 1.2 million were print and lots of them have survived used.You need to find a Canadian interested in Canadian stamps who likes to attend local stamps bourses on Sunday.They could could pick you up an excellent used copy for less than that 7.00 offer.
re: Valuation of "High Value" Stamps with "faults."
I've bought only two stamps that were discounted because of faults. I saved a lot of money over catalogue, but I regret spending anything on them. When I see them, I only see the faults, not the stamps' positive attributes. And one stamp's fault is that it has no gum! Otherwise, it's a beautiful stamp. But do I see the beauty? Nope. I only "see" its gumless backside!
On the other hand, there is one type of "fault" that I don't mind at all — Straight Edges (SE). I don't think that modern printing methods result in any stamps with straight edges, but in decades past large sheets of 400 stamps were cut into four panes 100 stamps each, with the result that 18 stamps from the sheet had SEs their right edges, 18 had SEs on their left edges, 18 had SEs on their bottom edges, and 18 had SEs on their top edges. Then there were four stamps from the middle of the sheet that each had intersecting two intersecting SEs on one corner. And, finally, most stamps from booklet panes have one or two SEs. Give me a straight-edged stamp any day rather than a fully-perforated but badly off-centre stamps. Fortunately for me, most dealers discount SEs (although I've heard that in Europe, SEs are valued for the "rarities" that they actually are).
Bob
re: Valuation of "High Value" Stamps with "faults."
"I would save the money and wait for solid copy to come by. For 10-20% of catalog value you should be able to get a solid copy with zero obvious faults. "
"On the other hand, there is one type of "fault" that I don't mind at all — Straight Edges (SE)"