Wednesday, June 29, 2011
1948 Gandhi FDC from India with all 4 stamp including 10 Rupees sold for $2045
Hello Gandhi Collectors,
As I mentioned in my previous blog post that I am going to make a reference guide for 1948 India FDC with Mahatma Gandhi 10 Rupees stamp so we all have some kind of resource to look back.
Date of Sale: 06/21/2011
Sold for : $2045
This is one of the expensive Gandhi FDC and also one of the rare as it has all 1948 Gandhi 4 stamps including 10 Rupees which was expensive in 1948. Very good return on investment from 11-12 Rupees to 75000 Rupees in 65 years. You can still find this FDC mainly from foreign dealer who invested heavily in 1948 as they were only one who can afford it in 1948.
Not sure it will appreciate at this rate but time will tell. Also not sure whether this is correct value for this FDC.
My previous blog posts for 1948 FDC are
I hope this reference will help in future to seller to check what will be his/her selling price, for buyers what price to pay, when item is again for resale, study material for philatelist or for any other purpose.
Do you think $2045 is a right price or good value for this FDC ?
BTW: I don't have Gandhi 1948 FDC with all 4 stamps or don't want to buy it at this price.!!