Stamp collecting values... What's your stamp or collection worth?
Share it here! Stamp collecting values are more important to some collectors than to others. For stamp investors a stamp and its value can have a significant impact on an investors ability to profit from his investment. For people who think of stamp collecting as a hobby first, stamp collection value, the market or investment value, is not the only factor that should be considered when deciding about buying or selling stamps. Stamp InvestmentThe message of the stamp investment industry is that with a growth in interest in China and India and a global ageing population, stamp collecting is entering a period of resurgence and that stamp investment funds might be a good way to invest in stamps. Other people warn for stamp investments. Because to invest wisely in stamps takes a lot of time, money and knowledge of the stamps you are investing in. Respected people in the stamp business say, based on some recent scandals, like Escala, that buying stamps should be more of a labor of love than an investment strategy. It's a collector-driven market, not an investor-driven market. Stamp collecting and valueAll stamp collectors, from stamp investors to people who think of stamp collecting as a hobby first, need to familiarize themselves with stamp collecting value. You can study a stamp collecting catalog or ask a stamp collection dealer. In other cases a stamp collection appraisal service might be a good idea. The core of the valuation process is very simple. The value of a stamp is driven by supply and demand. If stamp collectors are more interested in one stamp than the other, you will command a higher price, even though supply is the same. Also remember, there is no "exact" value. The price is somewhere in the range of the least that you as a collector would accept for your stamp or collection and the most that the other party is willing to pay for it. If "the least" and "the most" overlap, you'll have a deal. In fact, stamps get sold at two values... - What it's worth on paper, in the catalog.
- What it's worth to the buyer. That can be quite a leveraged valuation.
The more you can find out about what it's worth to the buyer, the better you as a seller of your stamp or collection can do. How do you assess your stamps value? Share and learn here.What's your way to determine the price of your stamps? Please share your tips and techniques here. Take some of the following questions as your starting point to tell our visitors about your way of assessing the value of your stamps: - How do you find out how much your stamps are worth?
- How do you value your stamps?
- What are the best websites and places on the internet to find out the right information on stamp value?
Or take your own point of view as to stamp collecting values. Let us know in your comments below!
What's your way of assessing the value of your stamps?
Please share your tips and techniques here.
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What are my stamps worth?
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The way I value stamps is as follows.
Apart from the really common stamps, say those with a Stanley Gibbons (SG) valuation of less than £1, which are ...
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