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Should I sell collection or hang on to it
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<p>[QUOTE="Old Texas Reb, post: 2917098, member: 91220"]Virtually every coin dealer I bought from over the years has been a straight up honest guy.</p><p><br /></p><p>However, if you want examples of dealers that regularly hose the public, look no father than stamp collecting. Unlike coins, so called world stamp "values" are outrageously high and bear no relevance to the market.</p><p><br /></p><p>Collectors normally pay 20-25% of Scott for large collection remainders, and 50-75% catalog for individual stamps or sets. When time comes to sell, though, a dealer will offer a collector 4-10% of Scott and act like he's doing you a favor by taking the stamps off your hands.</p><p><br /></p><p>The fiction that has been foisted off on collectors for many years is that catalog values represent the real market value and IMO is little better than outright fraud by stamp dealers.[/QUOTE]</p><p><br /></p>
[QUOTE="Old Texas Reb, post: 2917098, member: 91220"]Virtually every coin dealer I bought from over the years has been a straight up honest guy. However, if you want examples of dealers that regularly hose the public, look no father than stamp collecting. Unlike coins, so called world stamp "values" are outrageously high and bear no relevance to the market. Collectors normally pay 20-25% of Scott for large collection remainders, and 50-75% catalog for individual stamps or sets. When time comes to sell, though, a dealer will offer a collector 4-10% of Scott and act like he's doing you a favor by taking the stamps off your hands. The fiction that has been foisted off on collectors for many years is that catalog values represent the real market value and IMO is little better than outright fraud by stamp dealers.[/QUOTE]
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