Thursday, January 3, 2008
Puzzled
I was tracking two similar items on E-bay, and I am really puzzled by the results of the auctions. the 2 items were nearly identical, one is a set of 10-14 vertical gutters with tabs and the other is a set of 10-14 vertical gutters with colored tabs. The only difference is that one comes from the left side of the press sheet, the other the right. Each press sheet has 2 sets of each of these, so there should be an equal number. So, why did the colored tabs go for $400 more (nearly 15% premium), and attract 10 more bids? Of course, both sold for less than half the 2006 bale catalog value. This is typical of other high priced stamps listed in the catalog. Either the catalog value is wrong, or E-bay is not the way to sell better Israel stamps. I suspect it is a combination of the two.
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Most catalogue values for stamps of any country, have no basis in reality. They are simply meant to be a generalized ballpark estimate of what a stamp might retail for, if the weather is nice, the wind is blowing the right way, and you have on your favorite colored shirt.
I think Ebay is a highly accurate barometer of stamp value, assuming the auction is on the up and up, and not being manipulated by the vendor in any way.
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