Helping you sell Stamp Collections on Whatnot & eBay. The Truth from a Pro Philatelist!
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- Опубліковано 8 лип 2023
- Sharing some experience from the Philatelic world. We are helping people understand how to sell postage stamps, stamp collections, and postal history collections in a live auction format for Whatnot. We've been top Canadian eBay and various other platform sellers for over 24 years with nearly 8 figures in sales in the stamps and collectibles categories. Enjoy the video. sorry for the quality. The gentlemen's agreement and ladies understanding applies here. Like 👍 and subscribe ✅ for more content. All comments are welcome and we appreciate all of you.
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When I was 13 my stamp dealer hired me for the summer to break down stock. I would say the average age of the serious collector in the 80's was the same age as it is now mostly due to the intersection of time and money. I was the only kid customer he had. My dealer moved to east coast US to specialize in 19th century postal history which is even more popular today. The coin dealer he shared a space with sold 90% bullion even back then. Fast forward to today and the internet has shown that most of the supply for any collectible is on the low end. I do think the top 20% of items in good condition will likely continue to have a market even though the prices are cyclical. Many dealers like to get in areas that require very little effort of time like scanning bar-coded books. Actually taking the time to learn an area is always where the money is at IMO. Too much to comment on in this video.
Thanks for the comment. I'll be posting a few more videos shortly.
So true on people either over-breaking up collections to sell on eBay or asking for WAY to much. I've seen so many collections people asking for well over few hundred dollars for albums I buy at local stamp shop for $10 bucks that I get to strip, soak and sort to just relax. And the once blue moon I find something, the darn snipping apps out bid me in the last second before I can even up my limit. Mystic, I like their US album (covers more spots than most), but their mail order batches are 20%+ over the value of the stamp. Anymore most stamps I need for filling the one spot, I just get on Hipstamp and normally pay catalog value or lower (there are the couple stamps you just go to the page and have that hole you just need to fill!). I use to be able to pick up box of albums on eBay that costs more in shipping than buying it, and go through multiple albums for 40-50 bucks. But seems those days are past and everyone thinks they can get a quick buck. Worst, Craigslist! People find these albums their grandparents did as a kid, honest value you are lucky to break 100, not to mention 20, and they are asking for hundred's. Sorry, my added rant to your rant of people not knowing how to sell stamps anymore lol.
I have very similar experiences. I've personally mostly been buying specialized collections the past few years. I feel like over paying for stamps is something that most collector's do.... And many resellers as well. I've been on a show or two lately on whatnot of a guy selling tubs of stamps and unfortunately 90% is junk, resellers are the main bidders, and these buyers have no idea what they are doing or bidding on. Though it's nice to have some sellers on there..... It hurts when things are overpriced as it creates resentment in the stamp category... Which I'd love to be much bigger than it is. I guess it means I have to have more shows and keep costs low. 😎🤔
You have lot of stamps albums friend
Many hundreds yes.... And would love to downsize and get rid of our 15 x 20 storage unit full as well....
Twaskyou for all information
Blessings
Selling on eBay need good presentation, experience in pricing and good catalog information >>>for a successful business. It's a very time consuming job. It may be good for retired people. Fees about 12-15%.
Twaskyou sr for all of
Blessings
I am colectors for many years and the mosr states i put organized on albums
So far this video only discourages people from collecting stamps by saying how much of it is worthless. All hobbies with a motivation of a return on investment is based on speculation and positive hype. Why would someone get into a hobby without some hopes of profit? With any hobby, catalog prices are what builds interest in new collectors. I don't believe the catalog values for today's newer sports cards are realistic, but it's keeping the hobby alive with new collectors. Most collectors can't start out collecting a set of Columbians, so they start off collecting the inexpensive stamps from after 1930's, then as they get knowledge, they learn to collect the older stuff in the best condition they can afford. Don't bash the guy selling stuff at half catalog value just because you can sell it for 10% of cat. When I started off 50 years ago I paid full catalog value and was happy with my purchase. But I've learned over the years and built up a very large U.S. collection. Now I only buy early MNH stamps, especially plate blocks too early for the Scott albums printed. Not everyone can buy in bulk as you can. It takes a lot of advertising to get collections to come your way. We need stamp collectors and dealers to be excited about the hobby with hope for new investors to make a profit. Otherwise we might as well start just burning our collections to warm our house.
Ur promoting yourself-people enjoy ur collecting
I am looking for Mint-not hinged Malaya-all states, and Malaysia. Collections - part collections and bundles. If you have experience of shipping to UK I would like your advice.
Questions sr howmoch for any old stamps albums .
Twaskyou
You can buy them on eBay or Unitrade websites. Some dealers will sell boxes full of lightly used albums for a hundred dollars or so.
Been thinking about doing a whatnot auction for a small collection (4- 3inch 3ring binders) of mint sheet stamps from 1990s-2000s, philatelic magazine, some marvel postel promo memoribilia, planned on dividing into mystery lots and was curious your thoughts on how that would go over on whatnot and if youd be willing to guide me thru that process? Also have my great grandmothers old postcard collection. Hundreds of cards with stamps from before 1915 as well as her world stamp album that i have struggled with identifying. Youve been very helpful and straight so figured coukdnt hurt to ask
The best way to see if it's working on whatnot is to do some love shows. Our first show with stamps was fairly unsuccessful however the Sports and Non-Sports card market was great on our last few shows.
The postcards will do great as I've been on several shows lately that did well.
Should read "Live Shows". Make sure to follow me on there and send me a message and I'll be there for your first show with this stuff. I do buy as well 😎.
QUESTIONS THE WORLD OLD STAMPS USES OR NOT SUPOST TO BE ON GOOD PRICE ON THE MARKET BECAUSE THEY DONT MAKER ANY MORE NOT PINAS.
Not sure about the question ❓ but stamps market value really depends on rarity, quality, and demand much like anything. Hopefully we can preserve this wonderful hobby and paper that goes into it.
Hello again.. So I got stamps from 1800s.how can I show you them if value or not. 😊
Go to the local library and check out the Scott Standard Catalogues. There are 12-13 volumes and country specific in the specialized catalogues. You can see if the Library has Stanley Gibbons catalogues as well. Remember that most items if you're good, sell for roughly 10-20% catalogue value on the world market (eBay or Hipstamp or similar).
recently discovered a box of about 1000 stamps from the 1800s to 1960...mostly around 1930s but some rare ones in there and honestly I don't know what to do with it...I've been photographing them and using an app on my phone to try and identify them but I find it daunting to pick up the lingo...hinged, canceled, precanceled, mint, used, roll press, sheet press blah blah...what are the odds if I auction it all off for no reserve...I'm going to miss the 1 million dollar franklin or other obscure stamp and basically throw away the lottery ticket lol? From your video it seems more likely I don't have any real values. If I sent you a link to an iphoto library would you be able to determine if there's any value to the collection?
What app r u using to look up u'r stamps?
The best way is to follow the Scott catalog. You can borrow them from the Library
What discount do give from catalog prices? Have you any experience sending boxes of stamps to UK?
10% of the catalogue price for UK stamps nowadays. However for china stamps, their market price are mostly follow the suggested price of the Scott catalog or Stanley and Gibson catalog.
Do you scan the stamps or photograph them, to list? Can you please share your method?
We use high quality 23+ megapixel semi-pro photos. For whatnot a phone pic (modern smartphone) would be perfect. The new iPhone or Pixel phones do an amazing job for pics and video. And yes you just take pics and post them or you can go live on whatnot. Check it out.
whatnot.com/invite/seller/stamp_pickers
What is your what not store. Great info
@stamp_pickers
whatnot.com/s/3tkln79T
Rectifico i put most stamps on albums
You are selling stamps that aren’t certified?
How do you cope with the certification issue?
Do you have an authenticator?
Than you! 💮
Hello, we don't have any certification issues??? certification isn't required for most regular stamp collections or medium value items. We sell hundreds of estates and collections that don't have certificates. We only certify or buy certified items in the thousands of dollars per piece range. We specialize in British North American issues and can certify/expertize them with a few of our colleagues, however we use various organizations for many foreign issues. To be straight, certified stamps and sets is a very old fashioned and romantic idea that will go away eventually. The only certificates that will matter are the top values and issues which will likely transform to slabbed, graded, or very rare items that end up fractionally traded like the World's rarest stamp. Fractional trading of the most expensive issues in the world will be the future of collecting. I'm not sure this helps with your questions but I hope it does.
Everyone thinks they have rare stamps. I see penny stamps everyday on ebay listed for hundreds or thousands of dollars. And yeah, when I try to tell em they get belligerent
Again... It pains me to watch someone trying to sell mint 4-blocks or common singles by the piece and get no sales.... Or worse, they get someone paying $10 for one.... It almost always leaves a bad taste in the buyer's mouth when they realize they can buy dozens, and sometimes hundreds for $10.... It turns them off platforms and items they don't know much about. I respect them for wanting to collect but I'd love to give those people some value and share some upcoming shows as how things should sell.
This is what I'm trying to help people avoid..... Once stamps take off on apps like Whatnot and we do high volumes there, buyer's will understand the value better. As for eBay, I don't bother letting them know anymore, I just add a few hundred of each to a lot and it seems to sell quite well.
Would you please give me the links to your eBay and whatnot stores?
stores.ebay.ca/millionairegems
whatnot.com/user/stamp_pickers?app=android&sender_id=3966958&sharing_channel=copyLink
So what you're saying is we shouldn't even try to make money selling stamps no matter the Scott value YOU'RE JUST GOING TO FLOOD THE MARKET DEVALUING EVERYTHING
I'd love it if you would sell some stamps. The world and especially North America needs more stamp sellers.... In fact the better stamps do quite well on whatnot, however selling a stamp that has a catalogue value of $.25 for $800.00 (which we've seen lately) is deceptive and if you're part of any philatelic organization, would get you kicked out as it's considered unethical. I'd be glad to give away a bunch to that person who is selling them or anyone considering buying them to help them understand the market, value, and rarity of these beauties. My video is just to help people.
@@coryledoux8536 wonder if the same stamp club would throw a member out for selling any stamp dirt cheap . I find it hard to appreciate anything marked" RARE " BEING SOLD FOR A DOLLAR. I hope this mentality stays in stamp collecting and doesn't spread into numismatics . . Though I wouldn't mind it spreading into the car business I'd totally be down to buy a classic muscle car for $500 bucks
There are no serious people coming into play because the stamp market is garbage, point blank. Unless you are dealing exclusively in very old, very rare stamps, or errors, the time and energy that goes into it and the product itself is just not worth the time. I think you've pretty much proved that in your video. The market may swing as you mentioned, in fact I'm sure it will at some point, will any of be alive to see that, I don't know.
Unfortunately you might be right. We sell box lots everyday for roughly $50-100 and better unpicked estate stuff for $500-3000 depending on the material which is about as good as this market has become.... it's fading out quite quickly. More than 1/2 our inventory now has moved to the Sports Cards and other collectibles markets. We have slowly over the last 3-4 years started phasing out buying too many philatelic collections unless they are super Specialized. We're moving into other markets and materials. We love stamps but the future of our business is likely to move away from the Philatelic world..... Stamp Pickers Auctions is a subsidiary of Estate Pickers Auctions our company, so we have many options which is a good thing. Many stamp sellers and dealers don't have those options and hopefully won't fade with the market.... To be truthful, anyone that's still doing it must enjoy it and love it as a hobby which is what I'd suggest....
@@coryledoux8536Absolutely agree, if you're in it only for the love of stamps, its a fantastic hobby! This was an excellent video by the way!
Ok twaskyou I will continue checking.
Blessings
Do you have an email address that i can send pictures to?
stampsales@outlook.com
At 33:20 to 33:24, you hold up a 1911-12 Great Britain half penny King George V. And you make a very good case for the number of varieties there are just for this one stamp, which is 23 of them, but you said 600! That is simply not true. All have the exact same design. In reality, one can spend anywhere from $1 or $2 dollars, all the way up to and beyond $12 thousand dollars for this one design in used or mint NH condition. But please stop overstating the number of varieties for a single stamp, such as 600, 6,000 and 10,000. It's just not true. And I challenge you to prove me wrong. A case in point would be the 1908 to1921 U.S. franklin/Washington regular issued series of stamps, in which I think this is what you are referring to. There are actually somewhere between 245 and 270 varieties for the whole series. To say that there is 6,000 varieties for just one of these is ludicrous. When you state that "There are very few stamps on the planet that has 6,000 varieties and that one has" - I have to question your "Being an expert in stamps, in which I am" statement. You are so off the mark on this one.
Thanks for the comment, and I can assure you I've seen many more than 600 varieties of single stamps and upwards of 2100 varieties of a single Canadian stamp which supposedly have almost no varieties. It's fine to disagree, but these are from true philatelists, specialized estates, and award winning historical collections that many top people have examined, including my mentor, the late Kasimir Bileski from Winnipeg.
The varieties of the stamps we've encountered when dealing with Specialized estates is incredible. When talking about variety, much like all stamp and philatelic material, it's subjective, and biased in most cases, I may not agree with the variety selection myself however these collector's spend endless hours studying them. Your opinion in having just 23 varieties may be as stated in a catalogue or what you've enjoyed collecting. When speaking of the KGV variety of over 600+ I was referring to a specific collection from Victoria, BC that had more than 600+ varieties, including everything from errors, re-entries, ink pulls, types and dates of printing, printing types, ink sheen's oxidations, and color variations, sheets and block variations, specialized usage post marks and various proofs. For that specific collection it was over 600 in the 2 albums with write-ups on nearly all items. I hope that makes sense. Keep collecting fun and try to find the joy of philately. I only speak from experience and hopefully you can open your mind to the knowledge others have. Thanks.
As a collector of U.S. stamps for 50 years now, I have to agree with you. They didn't make hundreds of different plates for early stamps and I don't count the slight changes to an aging plate as a different variety. If you want to count errors made to an aging or damaged plate as a variety and you've spent years looking for slight changes in plates and color batches then perhaps you might be that one person that has every possible variety. But that doesn't mean anyone else will consider your variety anymore valuable than the standard ones listed in a catalog. These days I've noticed price catalogs reducing their listing of varieties due to lack of interest.
Somehow, I don't believe you
Your understanding of the philatelic world and marketplace is severely lacking. There is so much misinformation in this video.
Seems like you have more knowledge than I do. We appreciate the comment however please don't be misinformed. We've only done just over 8 figures in online sales in the last two decades including approximately 1/2 being of philatelic nature. So after over 800,000+ successful online transactions, over 2 decades in business, we have it down to a science and there's not much I haven't learned, seen, or know in the philatelic world (though there's always much more to learn). It would appear you're more experienced and have more sales so my audience should follow you. If this is the case, tag me in your next video.
@@coryledoux8536 Clearly, you haven't learned humility.
I disagree with you at 10:30 mark of your video. A FDC is a stamped post card and/or enveloped with a first day of issue dated cancellation over the stamp, whether it is addressed or NOT.. Officially, an unaddressed FDC cannot be reused as an unused stamped envelope because the stamp is cancelled, although an uninformed postal employee may accept a reused FDC. Basically, any markings on the face of the stamp other than the ink from the printing of the stamp will be deemed as a cancelled stamp, thus the stamp cannot be used as unused postage. Think of this scenario, you found some old crumpled and dirty stained stamps in the back of your drawer desk, and you affix the stamps to an envelope, you may find your letter be returned back to you as insufficient postage or improper stamp usage, all because the stamp looked like it was reused and prior cancelled. However, in philatelic terms, that crumpled stained dirty stamp will be classified as UNUSED collectible, but the postal service will classified the same stamp as cancelled and invalid for future postal use for mailings.
I do contract work for Canada Post Corporation, and some consulting as well. I can assure you that they will accept these FDC's as Unused, pre-paid envelopes. I even have a memo from the director stating to allow them through as the philatelic clubs/societies went to the board of directors about the subject some time ago.... And took a few years to finally get a response.... But they can be used and sent through the Canadian postal system. I can't speak to other countries but I'd assume it's similar. Thanks for the comment.
@@coryledoux8536 ...You are absolutely correct on "unused" FDC stamped envelope, but in your vid at the 10:30 mark you held up a "used" /cancelled stamp FDC (although still unaddressed), and said that this example could be used for future mailing which would be wrong. Any stamp whether it is on or off envelope will be considered invalid for postage use.