Monday, October 24, 2011

Sri Lanka Gandhi Stamps : Why you will quit Gandhi Philately - Part -11

Hello Gandhi Collectors,

Sri Lanka is a country off the southern coast of the Indian subcontinent, is an island surrounded by the Indian Ocean, the Gulf of Mannar and the Palk Strait, and lies in the vicinity of India and the Maldives. It is part of South Asia. It was known as Ceylon until 1972.

Sri Lanka honored Mahatma Gandhi by issuing  stamp in 1988 on occasion of 40th death anniversary. (30 January 1948 - 30 January 1988). Stamps has very unique color and it's face value is 0.75 SLR Rupees.

Yesterday I was surprised when I saw Sri Lanka Gandhi Stamp sold only for $3. Reason for my surprised is that in April 2011 this stamp was sold for $41.!! Check out my previous blog post about this Sri Lanka stamp pricing.

If you pay more than there are chances that you will start hating Gandhi Philately because you paid very high price. I am not sure about feeling of "Shukla_nawab" who bought this stamp for $41.

I think you will be surprised by this pricing difference in just 6 months, but I am not surprised at all. This is part of Gandhi Philately in which anything is possible such as SHILL bidding, FAKE items, Forgery items etc.

Seller :- kboons (Netherlands)
Buyer :- haywardstamps (UK)
Date Sold :- October 23, 2011
Sold for :- $3.

According to me Gandhi Stamps price should not be very high as more stamps are printed than collectors. Yes Gandhi is popular currently in philately, but there are limited collectors compare to other themes like fauna, birds, animals etc.

So for new collectors please make sure about pricing otherwise you will regret and will QUIT.!!

Also price of Gandhi stamps and sheets should not be too much because there is enough for everyone. If you think as investment than negative return is guarntee if you paid high price because Gandhi stamps is very highly inflated and also there are lot of other expense in selling, so BEWARE of this.

If you like this post and want to know more about pricing on Gandhi stamps then you will like my other following blog posts.

Again thanks for reading and  Please share your thoughts in the comments section.

Ketankumar Patel.
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