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Replies: 23 / Views: 3,387 |
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Pillar of the Community
United States
3516 Posts |
Join the stamp forum. It is really almost gone like Kanga said, only certain stamps fetch some sort of money. Thats why you see way more coin stores than stamp stores, in fact, I can only think of one right now, being Kenmore
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Pillar of the Community
United States
539 Posts |
I collected US stamps for a hobby, not for resale value, until 1994. I have a solid collection from about 1925 to 1994. all Mint NH. I quit collecting US stamp when the USPS started issuing $16 express mail stamps. It no longer was affordable as a hobby. I still collect Israel Tab singles though. I belong to a stamp club and get them for face plus shipping. I know they are worth face value (in Israel) but I collect them because of my interest in Jewish history.
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Pillar of the Community
United States
539 Posts |
Forgot. There are a ton of online stamp stores. I have no idea whether or not the hobby is dying but I can tell you there are a lot of places to buy them.
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Pillar of the Community
United States
9395 Posts |
My father collected stamps from about 1926 to 1978. When I got old enough (in 1958) to collect something, I had to be different, so I started collecting coins instead of stamps. I'm glad I did. Stamps may be more colorful (and are a lot easier to photograph), but when you compare those little pieces of paper to something like a St Gaudens $20 they come out second best.
Back about 1990, I gave the vast majority of the stamps to my uncle who was a collector. I kept only US stamps, primarily before 1930, and a few newer ones of interest. Fortunately, stamps are a lot more compact than coins, and all of the good ones fit in a safety deposit box.
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Pillar of the Community
 United States
1963 Posts |
Ok. Once I hit 250 posts, could I try trading my stamps for coins in the for trade section?
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Bedrock of the Community
United States
17884 Posts |
Quote: What is a "stamp"? A prepaid receipt for postage.
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Pillar of the Community
Poland
3201 Posts |
As for it being dead -
It may vary from country to country. There still are people who will buy (and search) bulk lots.
Myself, I collected Polish stamps from 1984 until 2001. The prices of the quarterly sets were constantly rising to uncomfortable levels. I collected them until I saw the catalog prices. "0.10" everywehere. That's in Polish zloty, divide by 4 for USD. And on top of that, as it has already been mentioned, the catalog prices for stamps are far from their real value. You divide them by 5, 10, etc. depending on the catalog to get an actual price. As it turned out to be a complete waste of money, I cancelled my subscription. Years later, I used whatever was still valid for postage and sent the rest to the first person who asked.
Today, the prices of quarterly sets are getting ridiculous. While we don't have $16 stamps, there has recently been a surge in issuing high value stamps, unnecessarily expensive sheetlets, and "limited" items. I'm glad I'm not buying those anymore.
Resale value? As long as they are still postally valid, they will keep their value. There is no "dicount postage" market here. But the earlier series are nearly worthless: you can get a whole year's worth of Polish stamps which are no longer valid for postage for $2 (mint) and as low as $1 (cancelled). That's how much they're worth. Hence, moxking's "99.8%" statement.
The local coin and stamp store does have stamps and stamp stockbooks. During one of my recent visits, I have actually asked about this fact. His response has been along the lines of 'the hobby isn't dead, every day we have someone who buys stamps and we constantly add new material to our stock'.
That said, during my recent visits there, I have seen other people buying/submitting wantlists/selling/trying to sell/looking at coins (and more rarely - banknotes) but I haven't noticed anyone even looking at stamps so far. At the local monthly show which I attended once this year, I'd say there were around 3/5 stalls with coins only, 1/5 with mixed stuff (coins, medals, military memmorabilia, random stuff like spoons etc.), and about 1/5 with stamps. The difference between the coin and random stalls and the stamp one was: no buyers at the stamp stalls. Having asked about it at another coin shop, they explained "it's just dealers exchanging stock between themselves", and that's exactly what it looked like.
Perhaps nearly all stamp trade is now being done using the Internet.
Edited by DL20K 12/23/2016 06:34 am
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Pillar of the Community
United States
790 Posts |
My grandpa collected stamps as well as coins. It's been fun going through them, but I gave up trying to value them. I found the Mystic Stamp site really helpful in identifying the stamps and finding the Scott #'s for most of them (BLAST those Franklins and Washingtons!), but I'm told the prices there are pretty steep. And by steep I'm talking asking prices of 20c when you will be lucky to get 5c if you try to sell one.
I also talked to a couple local coin dealers who dabbled in stamps. They no longer bother with any stamps later than the 1920's.
You might also look into what's called "precancelled" stamps. Grandpa had quite a few of those. I still don't entirely get how that whole thing works, but I guess those stamps can be of interest to an entirely different group of collectors.
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Pillar of the Community
Russian Federation
5174 Posts |
I got a popular book on stamp collecting a few years back - can't recall from where - and it reminded me of one of the main reasons why I went into coins but never liked stamps: there are too many.
I mean, don't get me wrong, I know there's a lot of assorted coins. (Especially if we're getting into ancients and medievals.) But that's nowhere near the variety of how many stamps there are. Like, for coins, a type set for a country in a decade would normally be something like 10-20 coins (less if you're lucky, a bit more if you're including the really rare stuff); for stamps, you're looking at many hundreds, easily (and most of them would be common), and that's not counting the special issues for parts of said country (less common lately, but still).
...Right now, my stamp collection consists of a Russian set showing various old coins (bought at the main Moscow post office in 2011 when I got angry that they didn't have any actual coins on sale), a few old Russian stamps with back inscriptions certifying them for use as currency (bought as essentially paper money), and a bunch of random stamps (mostly Russian and Belarussian) that I (or my relatives) actually received on letters. A few years ago there was also that one 1970s Soviet stamp that I randomly found on my old apartment's floor in 2006 (just before the big move), but I hadn't seen that one anywhere lately.
I did find an envelope what appeared to be my dad's old stamp collection one day in 2009 or so; didn't really have the time to look through, so just put it back where I thought it was. Never saw the darn thing again, and the desk I found it on isn't standing in that room anymore, so it could really be anywhere; maybe my dad found that envelope himself and threw it away.
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Pillar of the Community
Poland
3201 Posts |
Quote: I quit collecting US stamp when the USPS started issuing $16 express mail stamps Well, it could always get worse:  Yes, that's 90 US dollars.
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Moderator
 United States
188952 Posts |
Quote: Yes, that's 90 US dollars. Say what? 
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Valued Member
United States
449 Posts |
I was always tempted too but never got into it. I recently was looking at a price guide for them in barnes and noble and couldn't believe how little they were worth. some really sweet ones from almost a hundred years ago were worth a dollar or two? cmon
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Pillar of the Community
United States
4333 Posts |
I used to collect stamps back in the 70's, as a teen. Stamp club through the mail where they'd send you stamps and you could purchase what you'd like and sent the rest back.
I didn't realize until after I married that my wife had a fairly large collection. We still have it.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Valued Member
United States
90 Posts |
I never collected stamps seriously but I have managed to amass a large boxful of old US stamps from the 40's, 50's & 60's. If I understand correctly they may not be worth even face value to a collector but they can be used as postage. I can see using all my 1 cent stamps on one envelope. I think I'm gonna need a bigger envelope. 
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Pillar of the Community
Poland
3201 Posts |
Yes, that is correct. I have received a few 1940s US stamps on mail myself, so some people do use them. That alone speaks volumes about their value.
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Replies: 23 / Views: 3,387 |
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