4/18/14

Great Britain First Day Cover : Looks like people living on stamp ?

Great Britain was pioneer in defining stamps and this makes them pioneer in stamps collection also.

So there are lot of Great Britain stamps and Great Britain First Day Cover.

But stamp collection is declining like no one ever think about it which makes Great Britain First Day cover almost worthless.

In past I wrote blog post about Great Britain First Day Covers. Please read it and understand the pricing about it so it helps to know what's going on.


We all know that stamp collectors turned into dealers (small or big) are making their living or going on big vacation or spending money as it grows on tree.

But "money don't grow on tree", but it's accumulated through all illegal ways.!!

In stamp collection selling money is accumulated by small time or big dealers through 

1) Shill Bidding 
2) Buyer don't pay to seller
3) Seller show image of genuine item and sends you forgery items.

Recently I saw Great Britain First Day cover of Gandhi which was sold around $20 and I was surprised by this selling price so I decided let's see what's going on. ( I paid more than this for same cover from same seller.!!)

Seller : brianreeveauctions from Great Britain. ( In past I bought same FDC from him for high price)
buyer : b***e(3261) ---------------> bem240243

In past I bought same FDC from him for high  price.


Following is the bidding details.

Winner : b**e(3261). Click this link to see his detail bidding.


And you will see he is bidding on 346 auction and 891 bids in last 30 days.!!

Stamp collector don't spend this money or don't bid on this many auction.!!

So don't you think this is not a stamp collector but makes living on stamp by bidding it and buying it.!!


http://offer.ebay.co.uk/ws/eBayISAPI.dll?ViewBids&item=371038750449&rt=nc&_trksid=p2047675.l2565



So as a curious I decided to use eBay search for bidders and  found out in past 30 days he has won 144 auction also.!!

Lot of money is spend on stamp collection.

Do you think it's all are genuine transaction.?

Stamp collector don't spend this money or don't bid on this many auction.!!

So don't you think this is not a stamp collector but makes living on stamp by bidding it and buying it.!!



No it's up to you to decide when you buy stamps or First Day Covers because some one is making living by selling and buying stamps.!!

Someone made living on my money by using one of the following way, so make sure your money stays with you and you spend it.

1) Shill Bidding 
2) Buyer don't pay to seller
3) Seller show image of genuine item and sends you forgery items.



It's not stamp collectors who are buying all the time. !!

So BEWARE about stamp Collection.!!

Other wise someone will be living on your money and your kids might have just piece of paper.!!

Thanks
Gandhi Stamps Club.

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