Stamp Collecting

With the wide availability of different stamps from all over the world, there is an enormous selection from you to take from when it comes to buying postage stamps online. The following tips should help you when it comes to expanding your stamp hobby by purchasing and even selling your postage stamps online.

- Choosing recent stamps when you buy postage stamps online tends to make it easier for you to get your hobby started. This is because more recent stamps are generally more readily available as well as less expensive, and they can also generally still be found in high quality condition as well.

- You are going to want to decide when buying postage stamps online if you are interested in collecting cancelled stamps or mint stamps. Mint stamps are pristine stamps that have never been used, and they are generally capable of earning you more money when you sell them. Cancelled stamps on the other hand have been used and have been stamped already by the post office have already served their purpose, which is something that some collectors are going to prefer.

- When you buy postage stamps online, you are only going to want to buy a complete stamp. If you find that one particular stamp is proving to be difficult to find, then you are going to risk having to buy another complete set later on in order to get the single rare stamp that you are looking for.

- You should be aiming to focus on one particular type of stamps when you are buying postage stamps online. Some collectors begin their collections by buying only a specific type of stamp, such as stamps that feature planes or birds. Other collectors decide to find stamps that come from a specific country or a specific state. Some collectors on the other hand only collect stamps that come from a particular time period.

Regardless of whatever types of stamps you decide that you want to collect, it is important that you know that stamp collecting should be about enjoyment first and foremost. You should enjoy collecting your stamps rather than thinking purely about making any money on this particular hobby. Stamp collecting can certainly be profitable, but it should be enjoyable first and foremost and only profitable after the fact. When it comes to buying postage stamps online, you should focus on finding the stamps that you enjoy first and foremost, before you focus on the stamps that will earn you a serious profit. This is going to ensure that you always get enjoyment out of the hobby, even if it does not always turn a profit for you.

Photo Credits: yorkville

Originally posted 2009-09-22 03:57:11. Republished by Blog Post Promoter

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Often people ask me for advice on what to do with their newly inherited or given stamp collection, usually with a bent on selling it. These are a few pointers I have slapped together. Number one: do not get your hopes up. Most people see albums or boxes full of old stamps and they think “eureka!” The boring reality is that the greater parts of the majority of stamps are fairly common, and are therefore worth next to nothing, even the really old ones. Another fact is that most collectors do so for personal enjoyment, and not for an investment.

That said, there are a few exceptions and certain collections could be worth quite a bit. How would you get an idea of the worth of a collection? Easiest method is to find records left by the original collector that details the contents of it and its value. Should the collection have been insured, the total of the insurance taken out can also be an indicator. You do need to be aware though, that collectors value all of their stamps at retail, meaning what it would cost you to buy the stamps from dealers. You also need to figure in a collector’s natural tendency to exaggerate the value a bit. If you do go and sell the collection, do not be surprised if the offers you get are only in the neighborhood of 10% to 20% of the claimed value, possibly less.

If you are unable to get an approximate value of your collection due to lack of records and such, you do have several other methods by which you could approach the problem.

Do the footwork yourself. This method will involve a lot of time as well as effort, but in the end it will be the best way to obtain an accurate idea of what all is in the collection, as well as what it really is worth. Basically, the process goes as follows. Buy a Scott Postage Stamp Catalog, which can be had in many a public library. The catalogs come in six different volumes, each of which contain listings, and pictures, and are organized by country.

You should locate each stamp you have and the catalog will have its value. This “catalog” value is, theoretically, the price you would have to pay to buy this stamp through a retail stamp dealer. Really, this value also tends to be rather inflated, and you will be able to buy stamps from a dealer for a lot less than that value. You should expect to actually get a lot less than this when selling.

Contract an appraiser. You can pay an appraiser who will then examine the entire collection and provide you with a written estimate for its value. The appraiser is not someone who is interested in buying your collection, and so has no personal motivations to value your collection too low in the hopes that they could get a good deal, in case you were worried about that. You pay an appraiser a fee, and this fee should always definitely be agreed upon ahead of time to prevent any issues.

Photo credits: Le Petit Poulailler

Originally posted 2009-12-09 03:19:50. Republished by Blog Post Promoter

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