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Sales, Swaps, Auction & Approvals/Auction Disc. : What to do if...

 

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Harvey

I think, therefore I am - I think!

27 Oct 2020
04:20:12pm
If I see an item I believe to be grossly over priced should I email the seller or just ignore the whole thing? I assume I would be doing the seller a favour by getting in touch, but maybe not!
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philb
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27 Oct 2020
04:59:28pm

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re: What to do if...

Harvey, i do not see any harm in correcting someone...people have done it for me and i appreciated it. phil

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amsd
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Editor, Seal News; contributor, JuicyHeads

27 Oct 2020
05:46:35pm
re: What to do if...

some will appreciate it, others will be miffed


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amsd
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Editor, Seal News; contributor, JuicyHeads

27 Oct 2020
05:48:41pm
re: What to do if...

and, of course, one could always inquire:

I am always want to learn more about stamps; what about this common stamp am I missing that justifies this exorbitant price?

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

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Harvey

I think, therefore I am - I think!

27 Oct 2020
06:37:36pm
re: What to do if...

I'm going to sleep on it and decide what to do first thing tomorrow. I belong to a site called Worthpoint, a site that gives you prices for sold items. I found it very valuable when I was an antique dealer but it also covers most stamps. They buy up sold prices from on-line auction sites and many other areas as well - a very useful thing to have access to and I highly recommend it! If I see an item that seems more expensive than I think it should be, that's the first place I go. Does anyone else use it?

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Brechinite
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Neddie Seagoon from The Telegoons

27 Oct 2020
07:06:32pm

Auctions - Approvals
re: What to do if...

Not at $23.99 per month.

I know us Scots have a reputation for being canny with the bawbees but!!

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philb
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27 Oct 2020
07:30:10pm

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re: What to do if...

Come on Ian, my daughter was in Edinburgh look what you guys pay for half a glass of whiskey . !

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In loving memory of Carol, my wife for 52 years.

27 Oct 2020
07:38:34pm
re: What to do if...

I used to subscribe to it several years ago but they changed their format and it became less useful for the non stamp items I deal in. You also need to look at the dates of sale and use some common sense.

I found on postal history it was fairly useless on locations as a lot of counties only have one or two people collecting them and when they move on the covers they were paying $50 to several hundred dollars for (RF8's and 9's) were bringing $10 or so at auction on Ebay. Rarity does not affect pricing if there are no buyers.

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Brechinite
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Neddie Seagoon from The Telegoons

27 Oct 2020
07:42:17pm

Auctions - Approvals
re: What to do if...

"Overpriced" stamps maybe in the eye of the beholder.

The seller names his price and if you think it is overpriced then do not buy it.

I would never be so forward as to suggest to a seller that their item is so called overpriced.

The stamp in question may be a variety (watermark, perf etc) that is not listed in your catalogue.
Stanley Gibbons' Stamp of the World catalogue is famous for putting in the value of a variety for a common stamp. (see the Portugal Ceres series) A seller may take the catalogue value as gospel.

The beholder could actually be totally wrong and end up with a red face.

Feebay has the offer system which is a pain in the neck. I have had stamps starting at £20.00 and I get offers of £10 for the item. I take it as a total insult and refuse their offer. (The labourer is worthy of their hire)

Yes there are "sellers" who list common stamps at high prices. I wouldn't waste my time on them.

If one uses the principle of telling a seller their item is overpriced then surely to keep to ones principles one MUST tell a seller when an item is UNDERPRICED!!

Let me tell you a story:-

Many, many, many months ago I sold half a dozen Hawaii stamps for $700. I had started them at 99 cents because at that time I had no idea what I had. I was surprised that two people had bid that high for them.
On this Discussion Board I showed the stamps and nobody knew why anybody let alone two people would bid that high.
The moral of the story is that you may think it is overpriced but you could be wrong!!

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"Gonnae no dae that!..........Just gonnae no!"
Harvey

I think, therefore I am - I think!

27 Oct 2020
07:43:14pm
re: What to do if...

Ian - I signed up for this thing at least 10 years ago and it was nowhere near that much, they charged me for a couple years and haven't taken any money out since then. So I now have access to the site for free. I don't want to take advantage of the site, but if anyone really needs an item looked up send me a personal email or message and I'll look it up for you. It really is a great site, if you look up an item it almost always has the item and goes back at least 10 years! Of course, you have to take the year into account and know that some things are going down drastically, especially glass and china.
Edit: I doubt if I'll email the person. Ian has a good point - money really is in the eye of the beholder. If you want it, buy it. If you don't want it, leave it! Who am I to comment on an item if I don't know the whole story? By the way, I swear by Worthpoint. I have used it mostly for antiques and find it very useful. I've only used it for stamps a few times and found it useful there, so far.

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Brechinite
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Neddie Seagoon from The Telegoons

27 Oct 2020
07:47:08pm

Auctions - Approvals
re: What to do if...

"Come on Ian, my daughter was in Edinburgh look what you guys pay for half a glass of whiskey . !"



AAHH!

Its only tourists that buy their whisky by the half glass.

Us Scots buy it by the bottle Hic! Hic! Hic!

or we make it ourselves!!

Sing:--- "I talk to the trees, that's why they put me a away"
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philb
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27 Oct 2020
11:42:09pm

Auctions
re: What to do if...

I guess half glasses is what the clubs push for the tourists..its probably only tourists that rent a motorcycle in Scotland at Christmas .

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Brechinite
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Neddie Seagoon from The Telegoons

28 Oct 2020
05:20:02am

Auctions - Approvals
re: What to do if...

".its probably only tourists that rent a motorcycle in Scotland at Christmas ."



I wouldn't hire a motorbike in the summer!!

I remember one late June fishing with my uncle and cousin on a loch. We were fishing about 100 yards apart. I was in brilliant sunshine, my cousin was in the rain and my uncle was being snowed upon. The vagries of the Scottish weather!!

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"Gonnae no dae that!..........Just gonnae no!"
DaveSheridan
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28 Oct 2020
08:08:06am
re: What to do if...

What on earth is a "half-glass of whiskey"??

Firstly, Scotch is "whisky", Irish drink "whiskey". Secondly, I don't believe I've ever had less than a double. A half-glass borders on offensive!Laughing

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Brechinite
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Neddie Seagoon from The Telegoons

28 Oct 2020
09:34:47am

Auctions - Approvals
re: What to do if...

To some people any old glass would do to drink their whisky from.

The "serious" malt whisky drinker would use these proper whisky glasses.

https://www.wineware.co.uk/the-glencairn-official-whisky-glass-set-of-4-printed-gift-carton?utm_source=google&

They are tall enough to take a reasonable measure and there is sufficient room to add ice or a dash of water (sacrilege to the connosuir).

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"Gonnae no dae that!..........Just gonnae no!"
sheepshanks
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28 Oct 2020
09:47:52am
re: What to do if...

As a heathen Sassenach I always liked a dash of lime juice in mine. Did not go down well in Scotland for some reason.
But if it is Laphroig then just plain, always hated ice in any drink on the basis it watered it down.

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parkinlot
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Immediate Past President - West Essex Philatelic Society www.wepsonline.org

31 Oct 2020
03:18:33pm
re: What to do if...

I know I wouldn't be upset if someone let me know something was overpriced. I have accidently missed a decimal point and something that should be $5.00 is listed at $500. I have more than 14,000 items in my HipStamp Store. If I don't catch that error and nobody tells me, the item obviously will never sell.

Bob

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stockflyer
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31 Oct 2020
07:06:54pm
re: What to do if...

You can let them know. A while ago I listed something, don't remember, but was supposed to be 25.00. Somebody let me know that I had it listed for $25,000. Guess I missed the decimal point?

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Brechinite
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Neddie Seagoon from The Telegoons

31 Oct 2020
08:44:17pm

Auctions - Approvals
re: What to do if...

I mostly use Stanley Gibbons Stamps of the World catalogue for pricing the stamps on here.

Gibbons only give prices for Unmounted Mint and Used.

I listed a MH item on here for $45.00 as the catalogue value in Gibbons is £230 ($299 at the current exchange rate) for unmounted mint so I thought 15% of catalogue was a good price.

Imagine my horror when a member here told me that Scott's "value" was $100 for unmounted mint, $42 for mounted mint.

It is a direct comparison as the item has no possible differences in perfs or watermark.

I went onto Stampworld.com and their "value" was £224 for Unmounted Mint and Mounted Mint had no figure entered at all. (I checked the sellers on Stampworld. Average selling price for unmounted mint was $84)

The question is did I "overprice" the item?

The answer is Yes and No.
Yes in North America and No in the Rest of the World!!!

I did withdraw the item from here.

Who would be a seller? Its a bloomin' minefield out there.

Bang!...OOHHHHHH!...Bang!

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londonbus1
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02 Nov 2020
09:40:03am
re: What to do if...

Is this thread for any "what to do if..." or just the "What to do if...." partly being discussed here ?
Can we add more "What to do ifs..." ?

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Author/Postings
Harvey

I think, therefore I am - I think!

27 Oct 2020
04:20:12pm

If I see an item I believe to be grossly over priced should I email the seller or just ignore the whole thing? I assume I would be doing the seller a favour by getting in touch, but maybe not!

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this post

"The future ain’t what it used to be. A Yogiism"
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philb

27 Oct 2020
04:59:28pm

Auctions

re: What to do if...

Harvey, i do not see any harm in correcting someone...people have done it for me and i appreciated it. phil

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"And every hair is measured like every grain of sand"
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amsd

Editor, Seal News; contributor, JuicyHeads
27 Oct 2020
05:46:35pm

re: What to do if...

some will appreciate it, others will be miffed


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this post

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

juicyheads.com/link. ...
Members Picture
amsd

Editor, Seal News; contributor, JuicyHeads
27 Oct 2020
05:48:41pm

re: What to do if...

and, of course, one could always inquire:

I am always want to learn more about stamps; what about this common stamp am I missing that justifies this exorbitant price?

Like
Login to Like
this post

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

juicyheads.com/link. ...
Harvey

I think, therefore I am - I think!

27 Oct 2020
06:37:36pm

re: What to do if...

I'm going to sleep on it and decide what to do first thing tomorrow. I belong to a site called Worthpoint, a site that gives you prices for sold items. I found it very valuable when I was an antique dealer but it also covers most stamps. They buy up sold prices from on-line auction sites and many other areas as well - a very useful thing to have access to and I highly recommend it! If I see an item that seems more expensive than I think it should be, that's the first place I go. Does anyone else use it?

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"The future ain’t what it used to be. A Yogiism"
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Brechinite

Neddie Seagoon from The Telegoons
27 Oct 2020
07:06:32pm

Auctions - Approvals

re: What to do if...

Not at $23.99 per month.

I know us Scots have a reputation for being canny with the bawbees but!!

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"Gonnae no dae that!..........Just gonnae no!"
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philb

27 Oct 2020
07:30:10pm

Auctions

re: What to do if...

Come on Ian, my daughter was in Edinburgh look what you guys pay for half a glass of whiskey . !

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"And every hair is measured like every grain of sand"
Webpaper

In loving memory of Carol, my wife for 52 years.

27 Oct 2020
07:38:34pm

re: What to do if...

I used to subscribe to it several years ago but they changed their format and it became less useful for the non stamp items I deal in. You also need to look at the dates of sale and use some common sense.

I found on postal history it was fairly useless on locations as a lot of counties only have one or two people collecting them and when they move on the covers they were paying $50 to several hundred dollars for (RF8's and 9's) were bringing $10 or so at auction on Ebay. Rarity does not affect pricing if there are no buyers.

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www.hipstamp.com/sto ...
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Brechinite

Neddie Seagoon from The Telegoons
27 Oct 2020
07:42:17pm

Auctions - Approvals

re: What to do if...

"Overpriced" stamps maybe in the eye of the beholder.

The seller names his price and if you think it is overpriced then do not buy it.

I would never be so forward as to suggest to a seller that their item is so called overpriced.

The stamp in question may be a variety (watermark, perf etc) that is not listed in your catalogue.
Stanley Gibbons' Stamp of the World catalogue is famous for putting in the value of a variety for a common stamp. (see the Portugal Ceres series) A seller may take the catalogue value as gospel.

The beholder could actually be totally wrong and end up with a red face.

Feebay has the offer system which is a pain in the neck. I have had stamps starting at £20.00 and I get offers of £10 for the item. I take it as a total insult and refuse their offer. (The labourer is worthy of their hire)

Yes there are "sellers" who list common stamps at high prices. I wouldn't waste my time on them.

If one uses the principle of telling a seller their item is overpriced then surely to keep to ones principles one MUST tell a seller when an item is UNDERPRICED!!

Let me tell you a story:-

Many, many, many months ago I sold half a dozen Hawaii stamps for $700. I had started them at 99 cents because at that time I had no idea what I had. I was surprised that two people had bid that high for them.
On this Discussion Board I showed the stamps and nobody knew why anybody let alone two people would bid that high.
The moral of the story is that you may think it is overpriced but you could be wrong!!

Like 
1 Member
likes this post.
Login to Like.

"Gonnae no dae that!..........Just gonnae no!"
Harvey

I think, therefore I am - I think!

27 Oct 2020
07:43:14pm

re: What to do if...

Ian - I signed up for this thing at least 10 years ago and it was nowhere near that much, they charged me for a couple years and haven't taken any money out since then. So I now have access to the site for free. I don't want to take advantage of the site, but if anyone really needs an item looked up send me a personal email or message and I'll look it up for you. It really is a great site, if you look up an item it almost always has the item and goes back at least 10 years! Of course, you have to take the year into account and know that some things are going down drastically, especially glass and china.
Edit: I doubt if I'll email the person. Ian has a good point - money really is in the eye of the beholder. If you want it, buy it. If you don't want it, leave it! Who am I to comment on an item if I don't know the whole story? By the way, I swear by Worthpoint. I have used it mostly for antiques and find it very useful. I've only used it for stamps a few times and found it useful there, so far.

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Brechinite

Neddie Seagoon from The Telegoons
27 Oct 2020
07:47:08pm

Auctions - Approvals

re: What to do if...

"Come on Ian, my daughter was in Edinburgh look what you guys pay for half a glass of whiskey . !"



AAHH!

Its only tourists that buy their whisky by the half glass.

Us Scots buy it by the bottle Hic! Hic! Hic!

or we make it ourselves!!

Sing:--- "I talk to the trees, that's why they put me a away"
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"Gonnae no dae that!..........Just gonnae no!"
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philb

27 Oct 2020
11:42:09pm

Auctions

re: What to do if...

I guess half glasses is what the clubs push for the tourists..its probably only tourists that rent a motorcycle in Scotland at Christmas .

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"And every hair is measured like every grain of sand"
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Brechinite

Neddie Seagoon from The Telegoons
28 Oct 2020
05:20:02am

Auctions - Approvals

re: What to do if...

".its probably only tourists that rent a motorcycle in Scotland at Christmas ."



I wouldn't hire a motorbike in the summer!!

I remember one late June fishing with my uncle and cousin on a loch. We were fishing about 100 yards apart. I was in brilliant sunshine, my cousin was in the rain and my uncle was being snowed upon. The vagries of the Scottish weather!!

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"Gonnae no dae that!..........Just gonnae no!"
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DaveSheridan

28 Oct 2020
08:08:06am

re: What to do if...

What on earth is a "half-glass of whiskey"??

Firstly, Scotch is "whisky", Irish drink "whiskey". Secondly, I don't believe I've ever had less than a double. A half-glass borders on offensive!Laughing

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Brechinite

Neddie Seagoon from The Telegoons
28 Oct 2020
09:34:47am

Auctions - Approvals

re: What to do if...

To some people any old glass would do to drink their whisky from.

The "serious" malt whisky drinker would use these proper whisky glasses.

https://www.wineware.co.uk/the-glencairn-official-whisky-glass-set-of-4-printed-gift-carton?utm_source=google&

They are tall enough to take a reasonable measure and there is sufficient room to add ice or a dash of water (sacrilege to the connosuir).

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"Gonnae no dae that!..........Just gonnae no!"
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sheepshanks

28 Oct 2020
09:47:52am

re: What to do if...

As a heathen Sassenach I always liked a dash of lime juice in mine. Did not go down well in Scotland for some reason.
But if it is Laphroig then just plain, always hated ice in any drink on the basis it watered it down.

Like 
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Immediate Past President - West Essex Philatelic Society www.wepsonline.org
31 Oct 2020
03:18:33pm

re: What to do if...

I know I wouldn't be upset if someone let me know something was overpriced. I have accidently missed a decimal point and something that should be $5.00 is listed at $500. I have more than 14,000 items in my HipStamp Store. If I don't catch that error and nobody tells me, the item obviously will never sell.

Bob

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2 Members
like this post.
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"APS - AFDCS - GBCC - USSS - SCC - IPDA"

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stockflyer

31 Oct 2020
07:06:54pm

re: What to do if...

You can let them know. A while ago I listed something, don't remember, but was supposed to be 25.00. Somebody let me know that I had it listed for $25,000. Guess I missed the decimal point?

Like 
1 Member
likes this post.
Login to Like.
Members Picture
Brechinite

Neddie Seagoon from The Telegoons
31 Oct 2020
08:44:17pm

Auctions - Approvals

re: What to do if...

I mostly use Stanley Gibbons Stamps of the World catalogue for pricing the stamps on here.

Gibbons only give prices for Unmounted Mint and Used.

I listed a MH item on here for $45.00 as the catalogue value in Gibbons is £230 ($299 at the current exchange rate) for unmounted mint so I thought 15% of catalogue was a good price.

Imagine my horror when a member here told me that Scott's "value" was $100 for unmounted mint, $42 for mounted mint.

It is a direct comparison as the item has no possible differences in perfs or watermark.

I went onto Stampworld.com and their "value" was £224 for Unmounted Mint and Mounted Mint had no figure entered at all. (I checked the sellers on Stampworld. Average selling price for unmounted mint was $84)

The question is did I "overprice" the item?

The answer is Yes and No.
Yes in North America and No in the Rest of the World!!!

I did withdraw the item from here.

Who would be a seller? Its a bloomin' minefield out there.

Bang!...OOHHHHHH!...Bang!

Like 
2 Members
like this post.
Login to Like.

"Gonnae no dae that!..........Just gonnae no!"
Members Picture
londonbus1

02 Nov 2020
09:40:03am

re: What to do if...

Is this thread for any "what to do if..." or just the "What to do if...." partly being discussed here ?
Can we add more "What to do ifs..." ?

Like
Login to Like
this post
        

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