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<p>[QUOTE="rld14, post: 474552, member: 16133"]I think that we're all guilty of it, but one thing that I have learned, at least from collecting US Postal History, is that things like population reports, mintages, auction estimates and prices realized, price guides, etc.</p><p><br /></p><p>They all mean bupkis. TBH, the same can be applied for what I do for a living as a car dealer.</p><p><br /></p><p>You'll see something bring what seems like silly money at auction but if you weren't there and didn't know who was bidding on it, then it can be very misleading.</p><p><br /></p><p>I can think of about a half a dozen covers out there that I would buy for almost any price if they came up for sale again. I bought one cover not terribly long ago for, oh, I dunno, about 7 times what it was worth. Estimate was $800-1200, it's not in great condition, It doesn't have a ton of eye appeal.</p><p><br /></p><p>It's also a unique usage of the stamp that I collect. It was last available on the market decades ago. I've done this a couple of times and I have also bid other items up to insanity and given up.</p><p><br /></p><p>Common stuff is somewhat easy to peg pricewise, tougher stuff isn't.[/QUOTE]</p><p><br /></p>
[QUOTE="rld14, post: 474552, member: 16133"]I think that we're all guilty of it, but one thing that I have learned, at least from collecting US Postal History, is that things like population reports, mintages, auction estimates and prices realized, price guides, etc. They all mean bupkis. TBH, the same can be applied for what I do for a living as a car dealer. You'll see something bring what seems like silly money at auction but if you weren't there and didn't know who was bidding on it, then it can be very misleading. I can think of about a half a dozen covers out there that I would buy for almost any price if they came up for sale again. I bought one cover not terribly long ago for, oh, I dunno, about 7 times what it was worth. Estimate was $800-1200, it's not in great condition, It doesn't have a ton of eye appeal. It's also a unique usage of the stamp that I collect. It was last available on the market decades ago. I've done this a couple of times and I have also bid other items up to insanity and given up. Common stuff is somewhat easy to peg pricewise, tougher stuff isn't.[/QUOTE]
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