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How to sell a stamp collection
 

How to sell a stamp collection

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Instead of discarding a stamp collection inherited from your relatives or lose interest in the hobby why not, consider selling it. Who knows, there are lots of hidden value in your stamp collection. ...

Instead of discarding a stamp collection inherited from your relatives or lose interest in the hobby why not, consider selling it. Who knows, there are lots of hidden value in your stamp collection. http://biddingcorner.blogspot.com/

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    How to sell a stamp collection How to sell a stamp collection Presentation Transcript

    • How to Sell a Stamp Collection
    • Instead of discarding a stamp collection inherited from your relatives or lose interest in the hobby why not, consider selling it. Who knows, there are lots of hidden value in your stamp collection. Bring it to serious collectors or stamps clubs because they are ready and willing to pay top dollar for a worthwhile stamp collection. As with collectors of any merchandise, these individuals are also constantly looking to add to their own collections.
    • Before selling them at a higher price, there are three things you are willing to do in order to sell a stamp collection for the best price:
    • 1. Make an easy stock of the collection and compose it down. O If the stamp collection is mainly restricted to one or two books, have a look at the number of stamps on each page and multiply that times the number of pages that really have stamps on them. O Do not count individual stamps, simply estimate. Also keep in mind any boxes of stamps and just guess how many stamps are in the boxes.
    • 2. Gather significant information about the collection. O If there are pieces of evidence that states the stamps are collected from the year they are manufactured and distributed, then its value could possibly much higher. O Some of these evidences are invoices and receipts which show what he paid for his stamps and these documents can provide the quality of the collection. O If the stamps are given by a colleague for example was a postmaster during the 18th century or there is a letter from a colleague donating the collection to your relative that handles important information which may help determines the value of the collection.
    • 3. An opinion as to quality O Have the collection appraised by a professional if you are fairly certain from the provenance that the collection is valuable. O Try to learn as much about the quality of the collection as you can. O Join and inquire stamp clubs in many towns. O Reserve an appointment to the president of the club and ask if you could attend their next meeting to get opinions from collectors. O They will let you know immediately whether there is any significant value to the collection simply because they will look for the presence of uncommon or rare stamps.
    • With an inventory, gathering significant information about the collection and an opinion as to quality, you can now look at several ways to sell your stamp collection for the best price.
    • Tips to use while selling a stamp collection.
    • 1. Begin by finding out how much your stamp collection is worth. O There are several ways to go about learning the value of your stamp collection. O You can find the value of stamps by looking in a Stamp Catalogue. O You can purchase these books or check them out at a local public library. Contact also a local appraiser who is knowledgeable on stamps and stamp collections. O You could contact also a stamp club expert in your area to tell you how much your stamp collection is worth.
    • 2. Sell your stamp collection to a member of a stamp club. O If you contact a stamp club member regarding the value of your stamp collection, you shouldn't be surprised when a member of that club offers to purchase your stamp collection. O This makes the process incredibly easy for you and the buyer. You should be careful, though, to double- check the worth of your collection with an appraiser, the Stamp Catalogue or another stamp club before you sell the stamp collection. O This is how you can be sure that the buyer didn't "low-ball" the worth of your collection.
    • 3. Contact a stamp dealer regarding the sale of your stamp collection. O These individuals own businesses which specialize in selling collectibles like stamps. O Some even make a living just on collecting, buying and selling stamps.
    • 4. Consider selling your stamp collection through an auction house. O This is a good idea if you are selling a collection that is worth quite a bit of money. O Auction houses will allow you to set the starting price for bids, ensuring that you get top dollar for your stamp collection.
    • 5. Sell your stamp collection on eBay. O There are pages and pages of stamp collections sold on the popular auction website on a daily basis. O As with an auction house, eBay allows you to set the value of an opening bid, increasing the odds that you will be paid book value or more for your stamp collection.