- How
to judge the condition of a stamp: Many stamp collectors
put stamps into categories according to their condition. If you are
given a choice of two stamps of the same design, it is usually not hard
to determine which one you would prefer. In most cases you would pick
the stamp in the best condition. What are the factors that you may consider
in determining which stamp is in the better condition? Let's begin by
examining the front of the stamp and then we will move on to key factors
to look at for mint and used stamps.
Begin judging condition by looking at the following factors:
- Color - Is the color bright and fresh or does the stamp
appear faded from sitting in the sunlight?
- Centering - Is the design on the stamp centered properly?
On perfectly centered stamps, the design is exactly in the middle.
- Perforations - Are the perforations intact? It's a good
idea to check the perforation teeth to make sure none are missing
or shorter than they should be.
- In General - Are there any stains, creases, tears or even
pinholes in the stamp?
- Back of Stamp - Take a look at the back of the stamp. There
could be a thin spot caused by careless removal from a hinge.
Mint stamps are in the same condition as originally issued
from the postal service. This means it should have its full gum. Use
the factors above to judge the condition but be sure to carefully
inspect the gum on the back to make sure it has not been disturbed.
If the gum has been disturbed it is no longer considered in mint condition
and is called unused.
Used stamps are stamps that have served their purpose of paying
for the delivery of a letter, normally as evidenced by a postmark
or cancellation. Thus the cancellation is the greatest factor to consider
when judging the condition of a used stamp. You would probably much
rather own a stamp with a clear or a light cancel that does not obstruct
the design on the stamp, rather than a stamp with a big black blotch
that makes it impossible to determine what the stamp shows.
- How
to tell what a stamp is worth: Most collectors use a catalog
to determine a stamp's value, but you may be able to get an idea even
without a catalog. There are three major factors in determining a stamp's
worth: condition, scarcity and demand. Condition was discussed above
and can make a huge difference in value. A stamp valued at $5 in the
catalog might sell for no more than 10¢ if it has a tear. However, if
the stamp is in absolutely perfect condition it is possible that it
will sell for even more than $5.
Scarcity and demand also effect stamp values.
Scarcity: A scarce stamp is one which is hard to find or exists
in insufficient quantities to meet demand. As a beginner it is difficult
for you to have an idea of how many of any one stamp may exist. However,
there are some clues. The denomination of a stamp and the type of a
stamp can play a role in scarcity.
- Denomination - Most stamps are used to pay first-lass rates and
fewer stamps are used to pay for services like Express or Priority
Mail. Thus, typically the higher the denomination of a stamp the
fewer printed and the fewer used. For example, the U.S. Columbian
Series issued in 1893 had stamps in denominations ranging from one
cent to $5. Two cents paid the first-class rate at the time so 1,464,588,750
of these were printed while only 27,350 were printed of the $5 value.
Today you can find the 2-cent stamp in a dealers nickel box while
a used copy of the $5 stamp will cost you about $2,000. This also
helps disprove the popular misconception that the older the stamp,
the more valuable it is. Both of these stamps were issued at the
same time!
- Stamp Type - Remember commemoratives are usually printed in smaller
quantities than definitives. Thus a 33-cent commemorative will probably
be worth more than a 33-cent definitive.
Demand: Demand is determined largely by the number of collectors
interested in a stamp. A stamp has little value if there are more than
enough copies to meet the needs of the collectors, or if very few collectors
want the stamp no matter how rare it is. On the other hand a stamp will
have more value if there are lots of collectors that want it but very
few of that stamp are available. For example, because there are more
collectors in the United States, demand will typically be higher for
U.S. stamps than for stamps from Paraguay, meaning that if both countries
issue a stamp in the same quantity, the U.S. stamp will be more valuable.
These principles also explain why the 6-cent U.S. stamp honoring Walt
Disney is worth a little more than most other U.S. 6-cent commemoratives.
In addition to collectors of U.S. stamps you also have collectors of
Disney topicals who want that stamp, so demand is up and most likely
the value is, too. Similarly, there are fewer collectors of revenue
stamps than there are of airmail stamps. So a revenue stamp issued in
the same quantity as an airmail stamp will likely be worth much less.
So, keep your stamps in good shape by storing and handling them properly.
As the condition of your stamps will determine their value – should you
ever decide to sell them. And, don't worry too much about trying to find
a rare or high demand stamp it's your collection the time,
effort, and fun you spent on putting your collection together is worth
its weight in gold.
As you may have come across a few terms that you weren't sure of their
meaning or you if you still need some help, our next two sections "Stamp
Collecting Words and Definitions" and "Youth
Resources" should be useful.
And remember if you still have questions you can contact us at doris@stamps.org.
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