Discussion - Member to Member Sales - Research Center
Discussion - Member to Member Sales - Research Center
Any thoughts are welcomed.
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feeder album? please explain. never heard that term before
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I'm sorry, I mean buying an old album to supply stamps to my album rather than acquiring them individually. So an album containing 3000 stamps for $120 would be 4 cents a stamp.
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Depends on the album. Seems dealers buy collections and pick the good stuff from albums, then sell the remainder to us!
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It depends entirely on range of countries, condition, era etc. If the contents or quality is 'better than average', then 7 cents per stamp may be reasonable. But for general mixed quality worldwide collections I'd say you should look for south of 1 cent per stamp cost (as at least 10-20% of the stamps in album are guaranteed to be damaged).
-k-
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There are so many variables that it would be difficult to put a price, mint, used, off centre printing, thins, damaged perfs, tears ,heavy hinged, hard to remove or mounted in mounts. Then whether common, rarer, higher value, the list goes on....
Personally without sitting down with a catalogue I would say no more than one cent each.
Maybe it would be best to pick a random or representative page, evaluate that by catalogue and use the result as a basis for price.
In the end it is how much the stamps are needed and what you and the seller can agree upon.
Just my view.
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I almost never see real collections at 1 cent per stamp, much more typical is a selling price of anywhere from 3 cents and up unless the stamps are junk on school notepaper with many obvious damaged or from stock books with very high duplication. The only stamps I ever see at 1 cent per stamp are envelopes or boxes of used mixtures. I do note that old beginner albums or row heavy presentation albums like Harris or their pages tend to drive down the prices regardless of the stamps on them.
Most albums with single unique stamps trade on eBay for anywhere from 3 cents to as high as 20 cents per stamp for the before 1900 stamp collections or where there is a good mix of issues with high incidence of mint stamps. Of course, this tends to exclude the usual 3 cent to 5 cent stamps from the USA which tend to trade at anywhere from 60% to 80% of face value with full but possibly hinged gum. The used ones from this area tend to be valueless unless they are for pre-cancel or specialized cancel collections where the competition of buyers drive the price.
Many stamps with heavy cancellations, creases, or obvious damage drive down values as a collection dramatically regardless of the value of the better stamps that are included unless the potential buyers notice something special which may drive prices quite high. Unusual, high quality but not modern albums can be a buyer driver as well.
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I went to a small show last year (maybe 12 to 16 dealers) and bought one behind the counter album. In fairness - I used to do these shows monthly back in the 80's and into the early 90's and know all the dealers. The album I bought had around 2000 stamps - yes, dealers rough count stamps prior to making an offer. It had been lightly cherry picked but there were several better complete sets from decent countries remaining ($5 to 10 range) and quite a bit of cancel interesting the earlier. Stamps appeared mostly light hinged and although in an old Harris album it appeared to have been put together by an adult collector.
We settled on $60 - that's 3 cents a stamp in a dealer to dealer sale. For a collector it would have been a bargain in the $80 to $100 price range if you needed the material.
Keep in mind this is for an above average collection. Back when I was buying and selling albums by the boxful nearly every weekend at shows the pricing was about the same. Old International Juniors tend to bring lees due to condition issues, the old smaller red albums a lot less due to both condition and content, usually. A penny apiece may get you underwater on some. And old European albums from the early 1900's full of wonderful old classics and possibilities usually has the stamps firmly affixed with old paper hinges which defy normal removal methods - it may indeed catalog $10,000 but $100 may be about right. They can provide a treasure trove of reference material however.
Just my experience
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Thanks very much to all for the comments. I found the figures and insights to be very helpful.
LS
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sight unseen, no price is a good price IF you already have more than a starter album yourself. IF, on the other hand, you look at a page or two where you're weak and you find what you need, then the price is likely right.
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Something to also consider is, mailing an album comes with significant postage costs to the point where the per stamp cost may double or triple.
I see myself paying as high as 20 to 25c per stamp, if they appear to be harder to find, they are the topics I collect and I am likely to need 80% of the lot or more.
If I am buying a lot just because of 10% of its content, I will try to stay in the 4 cent per stamp range or less, considering I will have to then resell the remaining 90%
Interestingly I have had some amazing purchases of good collection lots where the per stamp price was 1 to 2 cents. (again country and period are key factors)
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What do you guys think? Is 7 cents a stamp too much to pay for a Worldwide feeder album?
Any thoughts are welcomed.
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re: Cost for a feeder album
feeder album? please explain. never heard that term before
Login to Like
this post
re: Cost for a feeder album
I'm sorry, I mean buying an old album to supply stamps to my album rather than acquiring them individually. So an album containing 3000 stamps for $120 would be 4 cents a stamp.
Login to Like
this post
re: Cost for a feeder album
Depends on the album. Seems dealers buy collections and pick the good stuff from albums, then sell the remainder to us!
Login to Like
this post
re: Cost for a feeder album
It depends entirely on range of countries, condition, era etc. If the contents or quality is 'better than average', then 7 cents per stamp may be reasonable. But for general mixed quality worldwide collections I'd say you should look for south of 1 cent per stamp cost (as at least 10-20% of the stamps in album are guaranteed to be damaged).
-k-
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Approvals
re: Cost for a feeder album
There are so many variables that it would be difficult to put a price, mint, used, off centre printing, thins, damaged perfs, tears ,heavy hinged, hard to remove or mounted in mounts. Then whether common, rarer, higher value, the list goes on....
Personally without sitting down with a catalogue I would say no more than one cent each.
Maybe it would be best to pick a random or representative page, evaluate that by catalogue and use the result as a basis for price.
In the end it is how much the stamps are needed and what you and the seller can agree upon.
Just my view.
Login to Like
this post
re: Cost for a feeder album
I almost never see real collections at 1 cent per stamp, much more typical is a selling price of anywhere from 3 cents and up unless the stamps are junk on school notepaper with many obvious damaged or from stock books with very high duplication. The only stamps I ever see at 1 cent per stamp are envelopes or boxes of used mixtures. I do note that old beginner albums or row heavy presentation albums like Harris or their pages tend to drive down the prices regardless of the stamps on them.
Most albums with single unique stamps trade on eBay for anywhere from 3 cents to as high as 20 cents per stamp for the before 1900 stamp collections or where there is a good mix of issues with high incidence of mint stamps. Of course, this tends to exclude the usual 3 cent to 5 cent stamps from the USA which tend to trade at anywhere from 60% to 80% of face value with full but possibly hinged gum. The used ones from this area tend to be valueless unless they are for pre-cancel or specialized cancel collections where the competition of buyers drive the price.
Many stamps with heavy cancellations, creases, or obvious damage drive down values as a collection dramatically regardless of the value of the better stamps that are included unless the potential buyers notice something special which may drive prices quite high. Unusual, high quality but not modern albums can be a buyer driver as well.
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this post
02:04:19pm
Auctions - Approvals
re: Cost for a feeder album
I went to a small show last year (maybe 12 to 16 dealers) and bought one behind the counter album. In fairness - I used to do these shows monthly back in the 80's and into the early 90's and know all the dealers. The album I bought had around 2000 stamps - yes, dealers rough count stamps prior to making an offer. It had been lightly cherry picked but there were several better complete sets from decent countries remaining ($5 to 10 range) and quite a bit of cancel interesting the earlier. Stamps appeared mostly light hinged and although in an old Harris album it appeared to have been put together by an adult collector.
We settled on $60 - that's 3 cents a stamp in a dealer to dealer sale. For a collector it would have been a bargain in the $80 to $100 price range if you needed the material.
Keep in mind this is for an above average collection. Back when I was buying and selling albums by the boxful nearly every weekend at shows the pricing was about the same. Old International Juniors tend to bring lees due to condition issues, the old smaller red albums a lot less due to both condition and content, usually. A penny apiece may get you underwater on some. And old European albums from the early 1900's full of wonderful old classics and possibilities usually has the stamps firmly affixed with old paper hinges which defy normal removal methods - it may indeed catalog $10,000 but $100 may be about right. They can provide a treasure trove of reference material however.
Just my experience
2 Members
like this post.
Login to Like.
re: Cost for a feeder album
Thanks very much to all for the comments. I found the figures and insights to be very helpful.
LS
Login to Like
this post
re: Cost for a feeder album
sight unseen, no price is a good price IF you already have more than a starter album yourself. IF, on the other hand, you look at a page or two where you're weak and you find what you need, then the price is likely right.
Login to Like
this post
re: Cost for a feeder album
Something to also consider is, mailing an album comes with significant postage costs to the point where the per stamp cost may double or triple.
I see myself paying as high as 20 to 25c per stamp, if they appear to be harder to find, they are the topics I collect and I am likely to need 80% of the lot or more.
If I am buying a lot just because of 10% of its content, I will try to stay in the 4 cent per stamp range or less, considering I will have to then resell the remaining 90%
Interestingly I have had some amazing purchases of good collection lots where the per stamp price was 1 to 2 cents. (again country and period are key factors)
Login to Like
this post