7/25/17

Gandhi Handbook - A review of stamp collecting handbook

Gandhi Handbook is one of the place where collectors and judges will look to find more info.

But do you know this Gandhi Handbook has lot of incorrect information.

Not only incorrect information but lot of FAKE or BOGUS philatelic material as well as imperforated stamps information is there.

It will be very hard to find out what is genuine!!

Most BOGUS/FAKE (never exist) info is about 1948 Gandhi stamps and philatelic materials.

Recently this Gandhi Hand Book was sold for $18 at eBay India site (ebay.in). 




All philatelic material in this book was provided by  Gandhi stamps collector.!!!

So lot of FAKE/BOGUS material which was never issued by official government is printed in it.

So BEWARE when you look at this Gandhi stamp handbook.

If you are philatelic Judge don't use this book as reference otherwise you are putting your credit at risk.!!

If you are issuing Expert Certificate on philatelic material don't use this book as reference.

If you are collector please avoid this as reference to collect RARE, UNIQUE, ONE OF A KIND or only 100 printed.!!

Thanks
GSC

7/23/17

Anglo-Indian-Affairs sold India EDVII 1909 SG147 25r stamps.

In past I wrote about King Edward 1909 stamp from India with 25 Rupees face value.

This King Edward 1909 stamp is available in plenty as REPRINT stamp from X-soviet union countries under $5.

What are chances of this stamp selling as Genuine.!!

Also consider 25 Rupees was lot of money in 1909 for any Indian people and to keep it in Mint condition for 100+ years in good condition is very rare unless you are from King's/Queen family.



In past REPLICA stamps were sold for $8-9. Don't you think it's easy to sell it for $1600 by SHILL BIDDING.!!


Click following link to read more about Replica stamp of King Edward stamp.




Recently India EDVII stamp issued in 1909 with (Stanley Gibbons # 147) SG147 of 25 Rupees stamp was sold for $1600.!!




Now did Ango-Indian_Affairs really sold this stamp ?

      * might not got money from buyer after winning it.!! (ebay will give refund to commission to seller)

Did it really sold ?

     * Did eBay got commission ?

Did UK government got tax ?

     * If it is sold then UK government should get TAX as capital gain tax.

Did UK government got VAT ?

     * If it is sold then UK government should get VAT.


My personal opinion(freedom of speech) about this transaction is


  • It's a Replica stamp
  • It was not sold for $1600 even you can see it on eBay.
  • No commission to eBay
  • No payment made. (Paypal did not get any commission).
  • No Capital Gain Tax to UK government.
  • No VAT paid.
What is your opinion ? 


Thanks
GSC.

6/30/17

BOMBAY G.P.O

Recently I saw ebay seller "krabinay" from Germany sold "India 1948 - Gandhi set on mourning cover" for $4050.!!

Who has this much money to buy this kind of stamp philatelic cover as no one is interested in collecting stamps.!!

We know there are lot of FORGERY available for BOMBAY G.P.O special cancellation. (You can read my blog post to know about this.)

http://gandhistampsclub.blogspot.com/2014/04/stamps-investment-or-cheating-in-stamp.html

Please read above blog post and you will start thinking whether stamp collection make sense.!!

So do you think someone will pay $4050 for this cover ?

Or price is inflated by shill bidding ?

Do you think eBay is getting commission on this sale ? (seller can withdraw if buyer don't pay after winning auction.!!)





WINNER IS "i***e(380) WHO IS BIDDING ON 300 ITEMS IN 30 DAYS WITH 520 BIDS.!!

DO YOU THINK HE/SHE IS A STAMP COLLECTOR ?

OR

DO YOU THINK HE/SHE IS INCREASING PRICE AS SHILL BIDDER ?  (using his/her different id to increase price)

DOES BIDDING ON 300 ITEMS MAKE SENSE TO YOU ?

HOW LONG IT WILL TAKE TO BID ON 300 ITEMS ?

HOW MUCH MONEY HE/SHE IS INVESTING  STAMP COLLECTION?

DO YOU THINK THIS IS WHAT HE DO FOR LIVING ?



ANOTHER BIDDER IS BIDDING ON 706 ITEMS WITH 863 BIDS.!!



BIDDERS INFO :- THERE ARE 7 BIDDERS WHO DID 25 BIDS.!!

Thanks
GSC

6/29/17

Gandhi Nehru Imperforate colour trial.

 Recently I saw Gandhi Nehru Imperforate colour trial stamp from India selling for $1800.

In past I bought some Gandhi imperforate sheet and I was cheated.

It was just photocopy. (color) and cut. Also it was just regular paper.!!

(Color printers are very advance so be careful. They can print currency notes so this IMPERF stamp don't even needs to perforated.!!)

So be careful when you go for IMPERF stamp.!!





Thanks
GSC.

4/25/17

1948 Gandhi stamp from India with overprint SERVICE sold for £500,000

I read following news  that 1948 Gandhi stamp from India with overprint SERVICE sold for £500,000.

Gandhi stamps sell for £500000

1948 Gandhi stamps sold for record Rs 4.14 crore

Rare 1948 Gandhi stamps sold in London for a record of Rs 4.14 crore

Rare Stamps From The Indian Independence Era Sold In London ...

Philately incredible: Aussie breaks record, pays $850000 for four ...

Rare Mahatma Gandhi stamps fetch whopping 500000 pounds at ...Gandhi stamp sale breaks Indian record

Read my following blog post and you decide whether this much money on stamps make sense to you.!!

http://gandhistampsclub.blogspot.com/2014/07/overprint-stamps-1948-gandhi-service.html
http://gandhistampsclub.blogspot.com/2014/09/jal-cooper-overprint-stamp-how-he-was.html

Now let's not worry about whether this is BOGUS (never exist) or FAKE and consider as genuine.


Just think how much money GOVERNMENT is getting from this kind of stamp auction.
  • Capital Gain Tax
  • VAT
Do anyone know which country is getting this TAX ?


According to me Capital Gain Tax may be somewhere between $50000 - $100,000 as this is LONG TERM capital gain tax.

It's depends on country from where owner is selling.!!

But as this stamp is from INDIA does government of India is getting any money on TAX ?

Does government of INDIA know who bought this stamp in 1948.!! ?

Also auction house will get $50000 to $100000 from just one auction of stamp!! (10-20% commission).

We know buyer is from Australia so next time when it will be sold again he/she has to pay to Capital Gain TAX to Australian government.!!

As per following image Only 13 of the 1948 Gandhi 10-rupee Purple Brown and Lake 'Service' stamps are in circulation.

What are chances of more overprint stamp don't exist.!!

What are chances of more than 13 still exist.

May be 1000 or 10000 or more.!!

God knows how many were printed.!!






So now let's get back to point.!!

Which country is getting Capital Gain TAX ?

India, UK, USA, Australia or European UNION ?

Thanks
GSC

1/31/17

How to make money on eBay - Selling stamps

Recently I saw 1948 Gandhi FDC sold for $1700 by eBay seller "peter_se26" based in UK since 2002.

Item is located in Spain.!!



There were 44 bids on this Gandhi FDC.

Do you think stamp collection is this much popular in this modern age where no one collects anything because of lot of other things to do such as facebook/twitter/instagram/snapchat/youtube, surfing internet on mobile phone and more.

But there were 11 bidders who were interested in this stamp collection.!!

Do you think eBay got commission on this transaction ?

What are chances of

  • buyer might have not paid to seller.
Do you think this is really worth $1700 ?


What are chances of


    • FAKE bidding by other stamp collect to increase price ?
    • Shill bidding by friends, relatives ?
    • Shill bidding by seller by opening another eBay id ?


    All are the possibilities when you sell on eBay so you cannot decide pricing based on selling price and you can't think that stamps are good investment.!!

    Also do you think all government taxes like VAT/capital tax/income & local taxes etc are/will be paid for this eBay selling.?

    So BEWARE of stamp collection.

    There is lot of cheating going in stamp collection to show that there is lot of interest in it. Also lot of Forgery and BOGUS stamps related items are selling.

    Thanks
    GSC




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