robbiemorten36's Space http://robbiemorten36.posterous.com Most recent posts at robbiemorten36's Space posterous.com Sat, 12 May 2012 16:50:00 -0700 Stamp Gathering Spans Generations http://robbiemorten36.posterous.com/stamp-gathering-spans-generations http://robbiemorten36.posterous.com/stamp-gathering-spans-generations Absolutely everyone has observed, held and used stamps and coins, but not all of us, or our clients, know which stamps and coins are collectible and valuable. Perhaps you have slipped a valuable silver quarter into a Coke device or licked a rare stamp to send a letter to a pal. Figuring out what to appearance for can maintain those valuable products from currently being utilized for soda pop and postage.

The collectible values of both equally stamps and coins are centered upon the economic legislation of provide and demand. As you know, provide is the variety of stamps or coins obtainable in the industry. Demand is the desire to keep, have or possess the stamp or coin. The greater the need, the more important an item typically is. The less amount of products accessible (a lot less provide) the larger the price as very well.

An appraiser or collector can quickly establish the original provide of stamps and coins by investigating the quantities generated in most coin and stamp references. For stamps use the Scott Stamp Catalogs -- for coins, look at Yeoman's Red Book.

These references explain each U.S. coin and stamp issued, and record the quantity minted or printed. The quantities developed do not essentially indicate the quantity available right now. Stamps are routinely utilised and discarded. Coins are taken out of circulation as they turn into put on or dropped by way of holes in pants pockets.

But quantity is not always the most important aspect in setting up price. It is the provide of fascinating stamps and coins that generate those unusual headlines: "Penny Worth 10 Thousand Pounds Identified in gum device." The most fascinating, and beneficial, stamps and coins are commonly scarce and in excellent problem

One particular-cent coins identified as "Indian-head" pennies are fantastic examples of offer and demand. They had been minted in the U.S. from 1869-1909 and demonstrate the profile of a Native American princess on the entrance (most people feel it can be an Indian Chief). In 1876, about eight million of these coins have been minted. About six million ended up minted in 1878. But in 1877 much less than one particular million pennies were minted. The 1877 pennies are valued at roughly 10 instances a lot more than coins in very similar situation from 1876 or 1878.

The situation of coins and stamps is also an crucial issue. An 1877 "Indian-head" penny in "uncirculated condition" (actually good shape) can be value ten instances much more than an 1877 penny in "good" condition. Fantastic, uncirculated, 1877 "Indian-head" pennies can be observed in coin outlets providing for over $two,000.00 - (go get your individual comps). A related coin to lookup for is the 1909 Lincoln-head penny with the mint mark "S" beneath the day and the letters "V.D.B." on the again underneath the wheat stalks. Less than five hundred,000 1909S V.D.B. coins had been minted in comparison to above 100 million other 1909 pennies. This coin was minted to commemorate the one hundredth anniversary of Abraham Lincoln's delivery.

The exact same offer and desire rules implement to postage stamps. Normally, unused stamps are more important than employed stamps. Stamps in superb issue are typically additional important than very similar stamps in bad problem.

Stamp collectors appear for stamps that are properly-centered and have even, uniform margins. Stamps that are clean and no cost of tears are much more valuable than their filthy, worn counterparts.

Just since a stamp or coin is outdated does not imply it is beneficial. A coin from the Constantine Period of time of the Roman Empire, which is about 330-345 Ad, is above 1,600 a long time aged. It can be ordered from a reliable coin vendor for under $one hundred.00. Though this Roman Empire coin is very intriguing they were offered by the barrel to dealers just a couple of many years go.

A whole sheet of commemorative stamps from the 1940's is price little far more than the benefit of the postage. Sellers spend much less than encounter-value. http://missiologist.com

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