For what it's worth. I price MNH Items at 45% of CV, M hinged Items at 40% of CV, Postal Used Items at 35% of CV, and CTO Items at 30% of CV. If they don't sell I Relist them at 20% less, until the price becomes in the $.12 range. I then remove the Items to be donated, or whatever. For Ebay I relist the Items at 5% less until the price becomes in the $1.00 - $2.00 range and then I remove them. For Hipstamp I pretty much price the Items and ignore them. This all seems to work pretty well for me.
"Many sellers often price their material at a percentage of catalog (whether we like it or not) but how do they calculate for hinged when there is no value."
Most of the time I assume hinged catalog values for modern stamps are half of the mnh value. Simlarly older stamps that are definitely not VF or with hinge remnants that are non-peelable I tend to assume catalog value should be half of the Scott listed valuation.
Once I have the adjusted catalog value then I look at the issue's interest to me in determining a purchase value. In most cases for individual stamps or sets I find that 20-35% of the adjusted (or unadjusted if the stamp is sound and VF) catalog value makes it through my purchase filter which is admittedly quite loose at times in both directions. Centering and absence of any form of surface stain matters more to me than clean hinge remnant as long as no thin exists. I tend to ignore collector added details on the back of stamps (nothing could be uglier than the signatures and marks on the world's most valuable stamp, the British Guiana 1856 magenta 1 cent).
Yup!
Everyone has their own individual parameters for placing a "value" on a particular item.
My own parameters depend on the phases of the moon and whether the sheep in the field are facing North, South, East or West. (I am in big trouble if they are facing NNE)
I guess I'm a bit weird but... I really don't care if there is a hinge remnant on the back of a used stamp, to me it is still the used value. If some one tried to remove it and left a thin spot, then that's different because the stamp is damaged. I also don't mind if someone has a penciled in mark on the back of the stamp if it is used. If it were mint I would consider it as I would consider a hinge mark. If it was an authentication mark I think I would still consider it MNH, but maybe I shouldn't. I guess the main point is that I am not picky unless the stamp has actual damage. But then, we're all different and it, after all, is our collection and reflects on us. It might affect the resale value but I usually don't worry too much about that.
Jarrell said
"Most of the time I assume hinged catalog values for modern stamps are half of the mnh value"
"I really don't care if there is a hinge remnant on the back of a used stamp, to me it is still the used value. "
"I really don't care if there is a hinge remnant on the back of a used stamp, to me it is still the used value."
I meant used, or even mint hinged. Some people seem to look on hinge remnants as being really bad things to have, to me they don't matter. I'm a bit leery of soaking a stamp unless you really have to. I know it happens rarely but I had an image almost disappear once because the stamp had water soluble ink. I also have a stamp printed on its gum side, imagine what would happen to it if it had to be soaked to get rid of a hinge remnant. I really don't soak unless it is an absolute necessity!!
In the Scott catalog, the values after a certain year is valued in never hinge condition. There is no value for a hinged unused for these issues.
For example, Great Britain 1sh6p 1947 QEII Boy Scout issue (Scott 336) is listed as $4.50 (2016 catalog) in unused NH. So, how does one decide the relative value of the hinged version. This is most relevant for 1945 to around 1960.
Many sellers often price their material at a percentage of catalog (whether we like it or not) but how do they calculate for hinged when there is no value. It does not really matter whether it is a catalog price or not but just deciding the value of a NH vs hinged.
re: Values of unused hinged modern stamps
For what it's worth. I price MNH Items at 45% of CV, M hinged Items at 40% of CV, Postal Used Items at 35% of CV, and CTO Items at 30% of CV. If they don't sell I Relist them at 20% less, until the price becomes in the $.12 range. I then remove the Items to be donated, or whatever. For Ebay I relist the Items at 5% less until the price becomes in the $1.00 - $2.00 range and then I remove them. For Hipstamp I pretty much price the Items and ignore them. This all seems to work pretty well for me.
re: Values of unused hinged modern stamps
"Many sellers often price their material at a percentage of catalog (whether we like it or not) but how do they calculate for hinged when there is no value."
re: Values of unused hinged modern stamps
Most of the time I assume hinged catalog values for modern stamps are half of the mnh value. Simlarly older stamps that are definitely not VF or with hinge remnants that are non-peelable I tend to assume catalog value should be half of the Scott listed valuation.
Once I have the adjusted catalog value then I look at the issue's interest to me in determining a purchase value. In most cases for individual stamps or sets I find that 20-35% of the adjusted (or unadjusted if the stamp is sound and VF) catalog value makes it through my purchase filter which is admittedly quite loose at times in both directions. Centering and absence of any form of surface stain matters more to me than clean hinge remnant as long as no thin exists. I tend to ignore collector added details on the back of stamps (nothing could be uglier than the signatures and marks on the world's most valuable stamp, the British Guiana 1856 magenta 1 cent).
re: Values of unused hinged modern stamps
Yup!
Everyone has their own individual parameters for placing a "value" on a particular item.
My own parameters depend on the phases of the moon and whether the sheep in the field are facing North, South, East or West. (I am in big trouble if they are facing NNE)
re: Values of unused hinged modern stamps
I guess I'm a bit weird but... I really don't care if there is a hinge remnant on the back of a used stamp, to me it is still the used value. If some one tried to remove it and left a thin spot, then that's different because the stamp is damaged. I also don't mind if someone has a penciled in mark on the back of the stamp if it is used. If it were mint I would consider it as I would consider a hinge mark. If it was an authentication mark I think I would still consider it MNH, but maybe I shouldn't. I guess the main point is that I am not picky unless the stamp has actual damage. But then, we're all different and it, after all, is our collection and reflects on us. It might affect the resale value but I usually don't worry too much about that.
re: Values of unused hinged modern stamps
Jarrell said
"Most of the time I assume hinged catalog values for modern stamps are half of the mnh value"
re: Values of unused hinged modern stamps
"I really don't care if there is a hinge remnant on the back of a used stamp, to me it is still the used value. "
re: Values of unused hinged modern stamps
"I really don't care if there is a hinge remnant on the back of a used stamp, to me it is still the used value."
re: Values of unused hinged modern stamps
I meant used, or even mint hinged. Some people seem to look on hinge remnants as being really bad things to have, to me they don't matter. I'm a bit leery of soaking a stamp unless you really have to. I know it happens rarely but I had an image almost disappear once because the stamp had water soluble ink. I also have a stamp printed on its gum side, imagine what would happen to it if it had to be soaked to get rid of a hinge remnant. I really don't soak unless it is an absolute necessity!!