How Rare is "Rare," in Stamp Collecting?

I was surfing mega auction site eBay, a couple of days ago.

In spite of the fact that the format of eBay-- and the quality of material offered-- has changed (and not for the better) over the years, I still like to go on occasional "treasure hunts," there... looking for the unusual and esoteric for my collections. It saddens me a bit that the site has moved more and more away from being a genuine auction marketplace to being more like a giant retail store. An often severely overpriced retail store, at that.

But I digress.

It seems that eBay stamp sellers-- of all colors and stripes-- are extremely generous with their use of the word "rare." I am always amazed at the number of listings that include phrases such as "Look! Rare old stamp!" to characterize something that's quite ordinary.

It got me to thinking about what "rare" really means, for us stamp collectors. And I was reminded that "rarity" is a very subjective concept.

No doubt, we can all agree that unique stamps like Sweden's 3sk Bco yellow and the USA 1c "Z-grill" qualify for the designation "ultra rare." A US "Inverted Jenny"-- of which only one sheet is known to exist-- can also safely be called "rare." But most stamp collectors don't spend much time in such lofty domains-- we are typically looking at a whole different type of material... but does that make it "common?" Or, more relevantly, can some of this still be considered "rare?"

Let's take a stamp like this one: This is the 1kr King Oscar II high value from Sweden, issued in 1900 (Facit no. 60/Scott no. 65). As shown here, this may qualify as "old," but certainly not rare. This one is in its typically found condition, somewhat off-center with a typical somewhat messy cancel, probably from a parcel card. A pretty normal stamp, which can be had in most dealers' stocks for about $1.00, or less. And it's available, in most dealers' stocks. Rare? Hardly. I probably have 20 of them, here in my duplicate stockbooks.

However, if we compare this stamp to the 10 öre value from the same set, I suppose we could arrive at the conclusion that it is relatively rare. 3.8 million copies of the 1kr stamp were printed, while 1127 million copies of the 10 öre red were printed. So there are 295 copies of the 10 öre, for every copy of the 1kr stamp.

But in an "absolute" sense, it's still not a rare stamp. For the average collector, there's little or no "searching" involved in finding one. Pretty much any dealer who sells Sweden will have it. Or you can visit a stamp selling web site like Delcampe or Stamps2Go, and there will be a dozen presentable copies for sale, at any given time.

So let us change our perspective, a little.

Let's say that we only want "really nice" stamps in our collection, and so the first stamp shown here would be of no interest to us. We want to get our hands on a "premium quality" copy, like this one at right:

This is a well-centered example with a light cancel, fresh colors, full even perfs and a clean back. Given that this 1kr stamp was the top value in the set, and most were used on parcels (or parcel cards), it does take a little work to find a copy that isn't creased, and isn't heavily or messily canceled.

If you were to look through a random batch of 100 of these stamps, you might find two or three in this condition.

Now, we're still talking about the same "not rare" stamp, but has it become rare, because of our premium condition requirements? Well, certainly less common. We now have to "work a little" to fill that particular space in our stamp album.

Most stamp collectors are familiar with the terminology that describes stamp condition: "Average," "Fine," "F-VF," "Very Fine," "Extremely Fine" and so forth. There seems to be a parallel set of terms to describe rarity, although it's far less standardized: "Common," "Uncommon," "Scarce," "Rare," "Extremely Rare." However, stamp rarity seems to be misrepresented (or overstated) far more often than condition.

Now, let's get back to our 1kr Oscar II stamp.

Let's say we want the stamp to have an upright, readable, almost perfect town cancel, like this example here:

Given that most of these stamps were used on parcels and parcel cards, and these were seldom "neatly" cancelled like letters might be, things get a lot trickier. To get a copy like this, the stamp would first have to be one of the limited number that was used on a registered or "money" letter, requiring a high value stamp... in order to get a neat hand cancel. Perhaps 1-in-50 of these stamps were used for that purpose. But not all of those got a perfect cancel. Cancels of this quality are very difficult to find, on the 1kr Oscar. Perhaps 1-in-100 (of the 1-in-50) would actually get a "lyx" quality cancel like this.

As a collector of early Swedish town cancels, I know how difficult it is to find a 1kr Oscar with a cancel like this-- even if the stamp itself isn't perfectly centered.

Remember, we still have the same "not rare" stamp, but has it now "become" rare? Certainly something close to it. In Sweden, cancel collecting is a very popular area of specialization, and if this stamp showed up in a stamp auction, it's a good bet the bidding would ramp up to $50-75-- for a stamp with a catalogue value of $2.25.

This brings up another facet of assessing "rarity," namely the interaction between "absolute" rarity and the "desirability" of a stamp.

Back when I collected British Commonwealth, I had a copy of British East Africa no. 2. This was an overprinted GB stamp, and only something on the order of 2880 copies were created. You'd think this would be an extremely valuable stamp (given that quite a few were used up on mail and discarded), but I only paid $90 for it. Why? Whereas the stamp was definitely "rare" in an absolute sense, only a handful of collectors are interested in that area, so the number of collectible copies of the stamp vs. the low number of collectors wanting/needing it keeps the price low.

In the case of our 1kr Oscar stamp, the superb cancel certainly makes the stamp "scarce," in its own right. However, with potentially hundreds of Swedish collectors eager to own such a stamp, the demand for the available examples in this quality grade this means that it now "appears rare." And the stamp pictured above is far from "perfect:" It's a little off-center, the cancel leans 5 degrees to the left and impression is not 100% "sharp." If all these factors were present, the value placed on the stamp might go into the $100s.

So, to summarize the "meaning" of rarity in the world of philately, the most accurate answer seems to be "it depends." The best thing a collector can do is to become educated about the stamps from their areas of interest... and then take seller claims of "rarity" with a large grain of salt!

Selling Stamps on the Web: Where do you go?

In these "modern" times of the Internet, it's not unusual for stamp collectors to turn into "part time stamp dealers."

I've been one, myself, for over 15 years. I didn't start selling because I "wanted to be a stamp dealer," nor because I was trying to make a living. Like many collectors, I simply wanted to pass on some of my duplicate material... and hopefully get enough money in the process that I could buy more stamps... and keep the cycle of building my collection going, without having to spend too many of my hard-earned dollars from my "day job." My primary objective was always to try to make the expansion of my collections "self-funding."

Of course, as collectors we have lots of options.

Different web sites make different "claims," as to why we should use them-- why precisely their site will be the best thing for us. Sometimes, the options can leave us more confused than enlightened. I have tried-- and, in many cases, continue to use-- a number of online venues, with varying degrees of success.

Like many things in life, I have found that the most appropriate answer to "where should I sell my stamps?" typically tends to be "it depends."

Some sites are "fixed price," like the American Philatelic Society's online "StampStore," or independent site Stamps2Go.

Other sites are "auction format," most notably e-commerce giant eBay, whose humble beginnings were akin to an online garage sale. Since then, dozens of "alternative" sites have cropped up and attempted to present themselves as viable marketplaces.

These days, many sales venues are "hybrids," that is, sellers can choose a combination of fixed price (or "buy it now") and auction formats. On some sites, you can even have your own "online storefront."

But there are additional choices we have to make: Do we choose a "general" sales venue (like eBay or eBid) with a strong presence in the "stamps" category? Or do we choose a "collectibles" sales venue (like Delcampe or BidStart), where the audience is more focused? Or do we choose a "stamps only" venue (like Stamps2Go or StampoRama)?

Another factor that plays into our decision is the fees we have to pay to the selling site. Often, what site we choose, and what fees we're willing to pay, will be dependent on the average price per stamp (or lot of stamps) we're planning to offer for sale. If you have a bunch of 50-cent items you want to sell, it obviously doesn't make much sense to list on a site that charges a minimum fee-per-lot of 25 cents. But that same site might work really well if your average item is worth $10.00.

There are also a lot of web sites to offer "reviews" of places people can sell their items-- stamps, or otherwise. Sadly, the majority do not offer very objective opinions, as they tend to "fund themselves" through a network of "referral links." And who's going to honestly write "this site sucks" if part of their income comes from referring people to that site?

Anyway, this post is a bit of a pre-amble to my intentions to-- during 2012-- write about each of the seller  venues I use to sell stamps. The good, the bad and the ugly... from someone who (a) actually sells (or has sold) on those sites, (b) isn't being paid for his opinions, and (c) specializes in stamps, not all sorts of other merchandise. Not going to set any "schedule" for this-- I'll just get to it, as I can.

Stamp Auctions, Nations, and "Image."

Today I'm going to pass up writing "about stamps" and instead embark on a little self-indulgent editorializing... although this definitely will relate to stamps and stamp collecting.

Yesterday I received a small printed "prospectus" in the mail from a large European stamp auction house. As a 40-some year collector, I've seen a few of these. I've also seen the way sellers of stamps present themselves... and what sort of "image" stamp collecting has, in different parts of the world.

As I read through this colorful brochure, I came to really have a moment of insight as to just how different things were-- and are-- for stamp collectors in parts of Europe, as compared to in the US. I don't know a lot about Asia and Australia, but I get the impression their stamp communities are doing fairly well.

I grew up in Europe; in Denmark, to be precise. Collecting stamps was pretty common. Nobody gave you a second glance if you told them you were a stamp collector. Odds were pretty good that when you talked to your neighbor, he or she probably was a stamp collector, too. Young people collected stamps, old people collected stamps, people somewhere-in-the-middle collected stamps. In the days before the Internet, you went to stamp stores... I had a list of about 20-25 of them around Copenhagen, that I'd go to. Some were good for supplies and stock books, some were good for kiloware, some were good for having "specials" on better stamps, now and then. Occasionally, I'd connect with my older cousin (also a stamp collector) and we'd go to a stamp show, or a stamp auction. I went to "stamp club" most weeks-- as I recall, Thursday afternoons were for "juniors." There was a stamp club in most suburbs.

I arrived in the US of A in 1981... to go to college at the University of Texas, in Austin. Naturally, I expected to find stamp collectors, stamp clubs and stamp stores, just like where I'd come from.

It was just part of the culture shock I experienced that there was no such thing. In a metro area of some 700,000, there was one small stamp club... which seemed to be (at least to my college eyes) made up of exclusively old men. It met once a month. My search for stamp dealers revealed just a couple... and one of them was "by appointment only."

So yesterday, I am looking at this brochure from the European auction house... it is now 30 years later. They do business from a large modern building. The "staff photo" reveals not a group of "old men," but a mostly middle-aged crew, about 60% men, 40% women. They certainly didn't appear "old and stuffy."

It made me realize how different the "image" of stamp collecting is, where I grew up vs. where I live now. I never got the impression people in Europe found it either "strange" or "uncool" to collect stamps... which was the subtle feedback I got when I arrived in Texas. It was as if "stamp collecting was for people to nerdy to have friends, and retired (usually military) people." More than once, I heard the words "Stamp collecting? Isn't that for OLD people?"

The negative connotations make me feel sad. I suppose what really makes me feel sad is that we seem to pay more attention to whether or not we are "doing something cool," than whether we're-- basically-- enjoying ourselves.

As I pondered this, I also realized that my collection has been built 95% by stamps purchased outside the US. Not because I have anything against purchasing from US dealers and auctions-- quite the contrary-- but I simply can't find what I am looking for, with any regularity, at all.

It does make me wonder, however, how the so-called "Hobby of Kings" has managed to get such a less than perfect "image," here in the US...

Creating Albums for a Specialized Stamp Collection

For a while, I was considering writing a stereotypical "New Year's article," filled with a look back at 2011, and assorted resolutions and hopes for 2012. But the world is overflowing with those... to wit, I've already written this kind of article for three other blogs I keep.

So, I decided to do a bit of "show and tell," instead... about the primary stamp project I am working on, and will continue to work on, during 2012.

My original "Abria" France album from 1971

I've been a stamp collector since age six, and my stamps have been housed in an assortment of different places. I started with a large stockbook my father gave me. It had 12 pages, and the colorful cover was a photograph of stamps from all around the world. For a few years, all my stamps fit in it. But my collection kept growing, and when my dad realized I was going to stick with stamp collecting, he presented me with a pre-printed "Abria" album for Scandinavia for Christmas. I was maybe ten. The following year, I received a matching album for France-- which I still have.

This was 1971.

Needless to say, my collections have grown and morphed-- more or less continuously-- since then.

If you are a lifelong collector, perhaps it is just part of the journey that your interests become more and more specialized as you go along. For me, specialization was part choice, part necessity: I reached a point where "filling the next empty space" would cost me more money than I had available to spend on stamp collecting. So I went from "collecting one of each" to looking at "more than one" through plate flaws, printings and postmarks. This happened-- gradually-- in my mid-20s.

Of course, traditional pre-printed albums do not lend themselves to specialized collections. For a long time, I have kept my Denmark specialized in stockbooks. This served as an adequate-- but far from perfect-- solution, for many years. The upside of this approach is that it's easy to move stamps around, as you get new additions. But the main issue I have always had with this approach is that my "primary" examples of each stamp (and blocks and covers) have been in my pre-printed album, while my varieties and postmarks were separate in the stockbooks.

So, a few years ago, I decided I wanted to create my own albums for my Denmark collection.

One of the first new pages, allows for multiples, cancels and more

After looking at my options, I decided to use "Lighthouse" multi-ring binders and quadrilled blank pages. To show the stamps off as much as possible, everything would be mounted in black mounts.

As I said, that was a few years ago...

I soon realized that "layout" is not as easy as it looks. Strike that... I realized that organizing a highly specialized collection requires a lot of planning and foresight, in order to avoid ending up with a giant uncohesive mess.

So, whereas I've actually had the binders and pages for six years... I have mainly been "studying" how I have organized and moved the stamps in my stockbooks. The lesson here, is patience. I don't want to have to significant undo and change anything, once I get going.

I am keeping it very simple. For a while, I considered printing pages with my laser printer, but decided against it-- the almost infinite potential for expansion of a collection that includes minor varieties and cancels would make this an almost impossible task. Instead, I am just using the plain pages with the black mounts... and annotating everything in pencil-- thankfully I have fairly neat handwriting... well... printing. Why pencil? Well, if I do have to move a few items around, it allows me to erase and rewrite descriptions.

Individual captions done in pencil

This will be my primary stamp project for 2012... and beyond. As I assemble the collection, I will also be "putting my money where my mouth is," with respect to documenting the collection (See December 14th post), both for my own benefit... and for the benefit of anyone who might have to "deal with" the collection sometime in the future.

There is, of course, no "right" or "wrong" way to house a specialized stamp collection. My primary objective was to come up with something that works for me. Specifically, I wanted to end my previous problems of not being able to find specific items, because they could be located in an assortment of different books, boxes and albums.

Since I am not an "exhibitor," that was never part of my considerations, although I did want to come up with something fairly "presentable," for when I share with other collectors.

My advice to anyone who wants to create albums for their specialized collection is primarily to plan well. Spend some time looking at how you want to organize, then consider where you will (most likely) be adding more stamps... and where the collection is "finite." This will have a major impact on how you design your pages.

Happy New Year to everyone!

Passage: MyPhilately

It is with some sadness that I recently noticed that Australia-based MyPhilately-- a major social networking site for stamp collectors-- appears to have ceased operation.

According to a message now posted on the site's front page, the site is now for sale.

MyPhilately managed to grow to more than 6000 members, which is a considerable number for a stamp collecting web site. Although the site sometimes seemed a little cumbersome to use, it was generally a friendly and welcoming community where collectors got to know each other through a variety of "sub groups" which allowed people to find each other by collecting interest.

I hope site founder Dan Brown and his team do manage to find a buyer-- it would be a great shame if the "library" of 100,000s of images, posts, blogs and more were to be lost to the collector community for good.

The (apparent) demise of MyPhilately is just another reminder of how impermanent the world wide web can be.

Is Your Stamp Collection Documented?

Recently, we moved to a new house. Then, last week, we took a trip to California to visit family.

These are normal acts people engage in on a regular basis. Moving, and being away made me stop and think about how well (or not) my stamp collections are "documented." What would other people, processing my things, know if something were to happen to me?

If you read philatelic publications-- such as the APS' monthly "American Philatelist"-- it's commonly written that it's important that we collectors remember to insure our stamp collections. There are even companies that specialize in insuring stamp collections. If you have even a moderately "serious" stamp collection, I highly recommend this. Most likely, your homeowner's insurance (unless you have a special rider) will NOT cover the full value of your collection.

But that's not my reason for writing, today.

Both my parents died, a couple of years ago. But even though their "papers" were in immaculate order, they left almost no documentation to actually identify the things of value they left behind. Finding myself "wondering" about some of their artwork made me realize that THIS is exactly how people find "a Picasso painting at a garage sale."

Odds are that unless they happen to be stamp collectors, themselves, you children (or spouse) have no real idea of what your collection is about. They may have the most general idea that your collection is "valuable" to some extent, but what will they do when you die? Will they have the information to sell your stamps for fair market value? In the event you have assembled a specialized collection... would a "general" stamp dealer-- assuming your heirs had the knowledge to contact one-- understand what they were looking at? Will the collection-- which could have paid for a grandchild's college education-- end up with some unknowing dealer who'll offer $5,000 for it? Would anyone (for example) realize that this non-descript Swedish stamp pictured at right carries the only known example of the postmark on it... and would sell for a considerable sum, if properly auctioned, in Sweden?

And so, I have started the process of "documenting" my collections, creating a file of descriptions and information that can serve as an "addendum" to my will.

It doesn't have to be complicated.

A couple of paragraphs to describe your collection, or each of your collections (if you have several). A brief listing of any "highlights" a potential auctioneer or other buyer should be aware of, along with the location of any expert certificates for better items, should you have some. A short list of dealers or stamp auctioneers YOU would entrust your collection to... were you to sell it today... along with their contact information.

Doing this will not only offer you some peace of mind, it will also offer peace of mind to those who-- at some point in the future-- will have to "deal with dad's stamp collection."

New AFA Catalogues from Denmark

I received an early Christmas "present" today.

As a specialist collector, I depend on fairly specialized literature to help me better understand and identify the stamps in my collections. Today, I received the new 2012 AFA Denmark catalogue. Along with it, I also got a copy of the 2008 AFA specialized catalogue-- the last time this catalogue (typically released every 6-7 years) was published.

As I perused the new books, it struck me as interesting how there is much talk about how the stamp collecting hobby is "shrinking," and yet... these two catalogues are both about twice the size they were in my early days of collecting, when I was a kid.

The AFA catalogues are a must, if you're a serious collector of Denmark. The Swedish Facit catalogue will get you a long way-- AFA gets into more detail. Although they are published in Danish, and the pricing is listed in Danish kroner, they are well illustrated and easy to use. The specialized catalogue-- now in color and over 900 pages thick-- offers one of the most thorough listings of constant varieties on Danish stamps. The Faroe Islands, Greenland and the Danish West Indies are also covered.

Of course, at a little over US$200.00 (including postage from Denmark) for the two books, these are not for the faint of heart. Which is also why I only invest in new editions every 4-5 years.

Since the catalogues are Danish, I feel that they also offer a more accurate reflection of the current pricing of Danish stamps. Of course-- like all catalogues-- "full catalogue price" is a rarity for any stamp, however, the AFA catalogues offer a fairly accurate picture of the "relative" rarity of different stamps, and is especially useful when it comes to newer stamps. For example, the 2012 Denmark catalogue now includes pricing for stamps on cover up until 1995, and some of the prices accurately reflect that finding certain higher values genuinely used on cover can be extremely difficult. For example, some of the high value painting stamps-- postally used on cover-- might set you back $25-30, even though the stamps are barely 20 years old. Don't believe me? Try finding a NON-first day cover!

Anyway, I was happy to see these new additions to my philatelic library.

Moving... and Overwhelm

We are-- more or less-- moved into the new house.

Some people deal really well with stress-- in fact, they tend to be at their best when their backs are against the wall. I'm not one of those people.

The last couple of weeks have been very hectic-- and included having a houseguest for a week. Of course, that arrangement had been made a long time ago, back when we thought we would be moved in by mid-September.

The stamp area, as seen from my desk.

I have barely had time to set up (or organize) my new office space-- but things are slowly beginning to take shape. No matter what we do in life, it seems like we always have "more than expected."

As we were packing to leave our old house, I became very aware that I have accumulated far more "unsorted" stamps than I thought. Now that I am unpacking-- for what will hopefully be the last time-- I have grown even more aware of the sheer number of boxes marked "stamp related" that also could be placed into a general category of "to sort later."

Occasionally, I come across programs on cable TV about people who are "hoarders." My wife and I watch (with some fascination) and then grow more determined to control our hoarding tendencies.

It makes me wonder if stamp collectors are all "hoarders," to some degree, except we keep it under some semblance of control by only hoarding one "thing." I am yet to meet a collector who's always "caught up" with his or her collection. For most of us, there are 47 million "projects" and "sub-projects" and piles of things set aside to "deal with later." On the surface, it looks pretty neat and tidy... but stamps are little and light, and the "under control" looking shelf that houses 23 shoeboxes and a bunch of stockbooks may actually be home to a giant mess of items that number in the 100's of thousands.

Not that I am getting down on stamp collectors. Or myself, for that matter.

For the moment, it's just a little daunting... there is so much (now that everything is finally in one place) and "where do I start?" I keep reminding myself of an old truism: "The way to eat an elephant is... one bite at a time..."