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Europe/Russia : Valuation of FDC's from Estonia, latvia and Lithuania

 

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John Macco
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Astrophilatelist- Space Cover Collector

12 Jan 2018
11:21:50am
I have first day covers of early issues of independent Latvia, Lithuania and Estonia I want to either sell outright or put in auction. How does one go about putting a value on them? I received them from a new issue dealer and have the invoices that show what I paid. Do I use that number for the valuation? Any insight from members would be appreciated. Time Out

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amsd
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Editor, Seal News; contributor, JuicyHeads

12 Jan 2018
01:24:06pm
re: Valuation of FDC's from Estonia, latvia and Lithuania

John,

the value of most FDCs is in their cachet. At least that's true in the US for US FDCs.

I haven't seen a robust market in the US for foreign FDCs of any country, although some topicals pull.

I think you should expect a substantial fall off from purchase price to after market realization. In my limited experience with foreign FDCs (and I'm neither a foreign collector nor an FDC collector), I find that, if they sell at all, i might get 20% to 50% of the CV of the 'used' stamps.

I can't imagine that's what you want to hear.

David

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"Save the USPS, buy stamps; save the hobby, use commemoratives"

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1938324
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13 Jan 2018
07:12:33am

Auctions - Approvals
re: Valuation of FDC's from Estonia, latvia and Lithuania

I was given 15 to 20 early Covers from Lithuania. I have put several on Ebay starting at about $20. ea. They all have sold in the $8. to $10. range. Interestingly enough, they have all been purchased by collectors in Lithuania. Hope this helps.

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Author/Postings
Members Picture
John Macco

Astrophilatelist- Space Cover Collector
12 Jan 2018
11:21:50am

I have first day covers of early issues of independent Latvia, Lithuania and Estonia I want to either sell outright or put in auction. How does one go about putting a value on them? I received them from a new issue dealer and have the invoices that show what I paid. Do I use that number for the valuation? Any insight from members would be appreciated. Time Out

Like
Login to Like
this post
Members Picture
amsd

Editor, Seal News; contributor, JuicyHeads
12 Jan 2018
01:24:06pm

re: Valuation of FDC's from Estonia, latvia and Lithuania

John,

the value of most FDCs is in their cachet. At least that's true in the US for US FDCs.

I haven't seen a robust market in the US for foreign FDCs of any country, although some topicals pull.

I think you should expect a substantial fall off from purchase price to after market realization. In my limited experience with foreign FDCs (and I'm neither a foreign collector nor an FDC collector), I find that, if they sell at all, i might get 20% to 50% of the CV of the 'used' stamps.

I can't imagine that's what you want to hear.

David

Like
Login to Like
this post

"Save the USPS, buy stamps; save the hobby, use commemoratives"

juicyheads.com/link. ...
Members Picture
1938324

13 Jan 2018
07:12:33am

Auctions - Approvals

re: Valuation of FDC's from Estonia, latvia and Lithuania

I was given 15 to 20 early Covers from Lithuania. I have put several on Ebay starting at about $20. ea. They all have sold in the $8. to $10. range. Interestingly enough, they have all been purchased by collectors in Lithuania. Hope this helps.

Like
Login to Like
this post
        

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