Showing posts with label Gandhi stamp value declining. Show all posts
Showing posts with label Gandhi stamp value declining. Show all posts

Thursday, December 22, 2011

Chile 1974 FFC Lufthansa World Cup 74 Football First Flight Cover - Gandhi Chile Overprint Stamps FFC - Is FFC value going down.?

Hello Gandhi Collectors,

Recently I saw 1974 Chile FFC of Lufthansa airlines with two overprint  Gandhi Stamps was sold for $3.42.!!! Also similar FFC were sold for $3.50 - $4  last few months.

Chile 1974 FFC Lufthansa flight LH-491 Football World cup flight carrying the Chile National team dated 13 June 1974. Cover is franked with the Vina del Mar overprint and 100E opt on 1969 Gandhi Stamps are cancelled with a special event cancellation and the front has a cachet with the official WM74 logo

This is a very nice FFC but again price is going in downward direction.!! After almost 40 years it's has no appreciation.!! This price is in auction and there were total 3 bids and 2 bidders for this FFC and then also it never went up.!!


So please make sure priicing of FFC before you buy Gandhi FFC. It's selling very cheap. If you pay more than 3-4$  then chance are that you will regret.

I see lot of Gandhi philatelic materials is selling for very high price some where between 30-50$ which is not even worth 1/5th of that price, but this is a trick to cheat some new buyer who is not aware of all kinds of activity in Gandhi Philately.

If you like this blog post about FFC then please click follwoing link to read our other FFC blog post to know more about it.

http://gandhiphilately.blogspot.com/search/label/ffc

So before you buy any stamps or philatelic materials think twice what are going in to. Make sure you not accumulating someone junk as your treasure.!!


Again thanks for reading and  please share your thoughts in the comments section or you can email me at ketankumar@gmail.com.

Monday, December 19, 2011

India Gandhi stamps - 1969 Gandhi Birth Centenary issue FDC - Is stamp collection hobby is on decline.?

12/19/2011
By Ketankumar Patel.

Hello Gandhi Collectors,

1969 was 100th Birth Anniversary of Mahatma Gandhi and lot of countries honored him for his Human Rights,  Non-Violence and Peace achievements by issuing stamp of him.

India issued large quantity of 4 different Gandhi Stamps of  20 paisa, 75 paisa, 1 Rupee and 5 Rupees. All 4 stamps are with different theme, size and pictures on it.


Now if you see following screenshot from ebay, you will be surprised about pricing of this FDC with 4 stamps. It was sold for 0.25 UK pounds (39 US cents or 20 Rupees).


Now you can see that after 42+ years, FDC with 4 stamps whose face value was  Rs. 7  in 1969  was sold only for 20 Rs. This means that it did not appreciated if you count compound interest from 1969 - 2011.!!

It's very sad to see this kind of valuation of this FDC with very nice Gandhi Stamps on it.

I think such a low appreciation is due to large number of Gandhi Stamps and FDC issued in 1969.

But main reason I think is because stamps collections world wide is declining as there are other interesting hobbies  for kids such as video games, computer board games,  internet games (zynga, world of warcraft, internet chess, monopoly etc) and Internet communications such as email, social networking (facebook, linkedin) etc which will give them advance communications  and skills required to 21st century then old hobby like collection of just stamps and fdc.  I am seeing this trend also in collection of cards baseball, basketball, soccer etc. Also pen pals which was a great source of stamp collection is also obsolete because of internet social networking.

Also because of all Forgery, SCAM, FAKE stamps and philatelic materials I think less and less people are not interested in stamp collections and experienced philatelist is also growing up in age and there kids are less interested in stamps because of the all above reason.

So I think stamp collection hobby is declining including Gandhi Stamps.!!!

So before you buy any stamps or philatelic materials think twice what are going in to. Make sure you not accumulating someone junk as a treasure.!!


Want to know more about price decline in Gandhi stamps than please click following link.


http://gandhiphilately.blogspot.com/search/label/Gandhi%20stamp%20value%20declining

After reading above link, don't you think pricing of stamps are going down.

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

Tuesday, December 13, 2011

Ireland Gandhi Stamps : One of the Cheapest Gandhi stamps sold in ebay auction!! Do you still think investment in Stamps collection is a good strategy ?


12/13/2011
By Ketankumar Patel.

Hello Gandhi Collectors,

Ireland honored Mahatma Gandhi in 1969 to celebrate his 100th Birth Anniversary by issuing two stamp of him.

This two stamps are selling for Euro 0.01 ( 1 euro cents only). This is cheapest Gandhi stamps sold on ebay.Only 0.01 euro for 2 Ireland 1969 Gandhi stamps.!!


Also there are lot of FDC available for this stamps with different cachet. Currently it is selling for $1.50 .!!




If you count all inflation in currency and expense to store FDC, Do you think Gandhi stamps are really for investment.?

Look at the price of FDC selling after 40+ years.!!

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

Tuesday, November 22, 2011

Ghana Gandhi Stamps - Does value of Gandhi FDC makes sense.!!

Hello Gandhi Collectors,

Ghana is a country located in West Africa. It is bordered by Côte d'Ivoire (Ivory Coast) to the west, Burkina Faso to the north, Togo to the east, and the Gulf of Guinea to the south.

The Gold Coast achieved independence from the United Kingdom in 1957 and the name Ghana was chosen for the new nation to reflect the ancient Empire of Ghana, which once extended throughout much of west Africa.



On December 24, 1998 Ghana issued 4 stamps(each 2000 Ghana Cedi) Miniature sheet  of Mahatma Gandhi with pictures of his famous Dandi March (Salt Satyagraha) and various age portrait. Also this sheet has quotes of Mahatma Gandhi.  (Not sure why they issued in  December instead of October 2nd !!). Also Ghana  issued another Miniature sheet of Mahatma Gandhi value 5500 Ghana Cedi. 

So total 5 stamps (2 Miniature sheet) were  issued in 1998 by Ghana.

In September 2011, FDC of this Miniature sheet was sold for only $1.29.!! 

Seller : stamp_bay (USA)
Buyer : adityamootha (India)
Date : Sep 3, 2011
Price Sold :- $ 1.29 (less than a $2!!)

To me all 1998 Gandhi FDC from African and South American countries looks like questionable (more than 10-15 countires.!!!!)

It's surprising to see this kind of price for Gandhi Philatelic material.

I am not sure how much catalog value of this FDC but I think $1.29 is under stamp catalog value.!!

But I am sure it is selling under face value, as in 1998 $1=2300C. So above miniature sheet, in 1998 was somewhere between $4-5 when it was sold in Ghana.!!





What a decline.!!

 The Ghana cedi was introduced on 3 July 2007 and is equal to 10,000 old cedis. It was the highest-valued currency unit issued by sovereign countries in Africa in 2007

1 US Dollar = 1.62689 Ghanaian New Cedi   (16000 Old Cedi)

Following is another miniature sheet. Not sure about current pricing but I will update in future.



So looking to all this, it seems to me that Gandhi Stamps are not for investment as $4 invested in 1998 is currently getting only $1.!! which is 300% decline in value.


Thanks


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.

http://gandhiphilately.blogspot.com/2011/04/dont-know-whats-going-on-in-srilanka.html

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.

Thanks
Ketankumar Patel.
My 100th Blog post
Click to see 50th Anniversary
Special Cancellation

Thursday, October 13, 2011

Sao Tome Gandhi stamps - 1980 sheet with stamp in stamp with Gandhi and other leaders - Why you will quit Gandhi Philately Part - 8

Hello Gandhi Collectors,

Recently I bought Sao Tome 1980 Sheet for 6 Euros from delcampe.net which  has 12 countries leaders who helped them to shape their countries including Mahatma Gandhi , George Washington, Lenin and others. This stamp sheet was issued to celebrate 5th Anniversary of Sao Tome Principe Independence from Portugal.

You can read my previous blog post about  Sao Tome Gandhi stamp.



You can see there were more than 5-6 sheets were sold for 6 euros. Click this link  to see selling price of this Sao Tome sheet or you can see in following screen shot.


I bought only one of that as it does not make sense to accumalte stamp like this or it will demand premium in future because there are lot of stamp sheet available. It's not RARE.!!

I think I paid right price for this stamp and if I paid higher price than I will quit Philately hobby because it don't justify to collect this  kind of sheets at high price. I see lot of exhibition where I don't see this kind of stamp sheet in stamp exhibitions.


If you like this blog post then you will like my following other 7 blog posts:  Why you will quit Gandhi Philately.!!


Thanks
Ketankumar Patel.
My 100th Blog post
Click to see 50th Anniversary
Special Cancellation

Monday, August 22, 2011

Gandhi Stamp Value - Gandhi FDC Value - Price of Gandhi Stamps - Malta

Hello Gandhi Collectors,

In 1969 Malta honored Mahatma Gandhi by issuing stamp of him. This is also one of the best designed stamp issued in 1969.



Malta officially known as the Republic of Malta, is a Southern European country consisting of an archipelago situated in the centre of the Mediterranean, 93 km south of Sicily and 288 km east of Tunisia, with the Strait of Gibraltar 1,826 km to the west and Alexandria 1,510 km to the east.


What amazed me is that after 42 years this stamp price is not appreciating at all. If you see my following screenshot you will get idea what is the current selling price of Gandhi Stamp from Malta.

Stamp was NOT even sold for $0.41(41 cents).!!! That's amazing. It indicates me that there is enough for everyone.!!

Even FDC was sold for very low price. It was sold for  $1, $3 and $4. If you see FDC has very good cachet of India flag, final resting place of Mahatma Gandhi "Raj Ghat" & Map of Malta and where as other has flag of India and Gandhi face on cachet.







Not sure why such a low value of Mahatma Gandhi Philatelic items.!! Looks like Gandhi Stamp is not for investment at all.

So again buyer please do necessary research before buying in bidding war with some shill bidder who is trying to increase value of it's collection or increasing value of their own selling item or helping their friends to increase selling price.

Want to see some amazing price going on Malta Gandhi Stamp/FDC then click following link and see yourself how you will get trap in some auction that starts at INITIAL HIGH  PRICE.

http://delcampe.net/list.php?language=E&searchString=malta+gandhi+&cat=0&searchMode=all&searchTldCountry=net&searchInDescription=N&sort=price_present_DESC&page=1&useAsDefault=N

You need to think this also before you buy.  You can see which sellers are trying to make money from you and try to avoid buying at high price from them. You will find it cheaper when time comes for you or just don't need everything.!!

In above link you can also see Malta stamps are selling from 07-30 cents!!!

Update on 12/15/2011:-

Check out price of Malta Gandhi FDC sold recently. Also see unsold 20 stamp block of Malta Gandhi stamp.!!


Do you think Gandhi stamps is really for investment.

New collector please make sure before about pricing before you start collecting so you don't regret.


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

Click to see 50th Anniversary
Special Cancellation

Monday, July 4, 2011

Guyana Gandhi FDC price difference in selling price within a week . Again it's a price decline ?

Hello Gandhi Collectors,

Happy 4th of July.

I am not sure why we are seeing this kind of price difference in Gandhi Philately. Guyana 1969 FDC was sold for $25 on May 28 and on Jun 18 it was sold for $11.!!

What a price difference in 20 days. It's almost 150% less.

Seller of both FDC is "gdstamps" from Canada.

Buyer:-  kenseq81  from UAE



Buyer:-  30061979sc from India.

Do anyone know why such a price difference ?

Do you think this just a normal ebay transaction or ???

In past I saw this FDC selling under $10 all the time so not sure why it sold for $25.!!

Price Decline in Gandhi Philately again.!!

 Not sure why multiple Gandhi FDC from this seller. Need worth watching when buying.

Thanks
Ketankumar Patel
(My Son's Blog: http://usapostman.blogspot.com/)




Thursday, June 30, 2011

What a difference in price of Panama Gandhi stamp. What a Price decline in a very short time.

Hello Gandhi Collectors,

Why we are seeing steep difference in Gandhi Philately. Following is one example of Panama 1971 Gandhi stamp.

On 6/28/11 Panama Gandhi stamp was sold for 71.


On 6/8/11 similar stamp was sold for $137.



So now I am not sure what is the Right Value of this stamp. Is it 71 or 137?

But I will only buy this when it is selling for cheap i.e. about 15-20$, but still it will be very high price for artificially increased  price by getting all stamps from the market in 1971 from a very small country and we all are chasing for this or getting trapped or fooled. It's up to us to decide!!

I think price will go down one day, when original accumulator (not collector) will don't have control of it. Same way we are seeing this in Nicaragua Gandhi & TajMahal Stamp sheet, Overprint Gandhi stamps from Cameroon, Nicaragua, Togo etc.

Thanks
Ketankumar Patel
(My Son's Blog: http://usapostman.blogspot.com/)

Tuesday, June 28, 2011

You decide what's going on in Gandhi Philately.!! Egypt 1969 Gandhi FDC sold under $2 !!

Hello Gandhi Collectors,

You decide what's going on in Gandhi Philately after looking following screen shot. 1969 Egypt Gandhi FDC was sold for $1.58. 

This is very nice stamp with Emblem of India as well as Emblem of UAR (United Arab Republic). Also you can consider this as error stamp because spelling of Gandhi is misspelled as "Ghandi".  Can you believe this.

Seller: "Smeagle" from UK.
Price: $1.58 (0.99 GBP)
Buyer: "speedbird1*"
Date: April 10, 2011.


I am not sure why such a low price even after 40+ years. Also this was in auction and only one buyer for this. Is it not amazing.!! 

Do you know why such a low price.?

I know why but I will let you decide what's going on in Gandhi Philately.!!

Thanks
KP.

BTW: But when you want to buy this you will not able to buy it at this price. This is Mystery.!!

Sunday, June 26, 2011

Unbelievable Price of Gandhi Khadi Stamp Sheet and Folder - Presentation Pack issued during 2011 Indipex

Hello Gandhi Collectors,

Last week one of the most hyped 2011 Gandhi Stamp sheet  was sold under $3.!! This price is below face value of 250 Rupees ($5.50). Can't Believe it. 40% price decline in 5 months only.



But according to me this is the REAL price of this stamp sheet as it was auction at starting price for under $1 instead of fixed price which start some were from $7 - 20 or more.










The stamp is unique as it is  printed on “Khadi”, the handspun cotton material that Mahatma Gandhi held as the symbol of self determination and self reliance.The Khadi Stamp  is sold only in  Presentation Pack  which is priced Rs. 250 ($5.50).

Now after looking above screen shot you will get surprised by the price of this sheet and  folder sold for on $2.96 in auction.!! I think it's will worth to wait and watch  before we all buy any Gandhi stamps or FDC as they will be available all the time. It will be not unique as MNH stamps will be available all the time.

And don't except it will go up like 10 Rupees 1948 Gandhi stamps as there were not that many collectors in 1948 and also 10 Rupees was a very very big amount in 1948 for all Indian so only people who has this stamp was foreign collectors who are gaining benefit of this 1948 10 rupees stamp!!. So don't think that this will have similiar effect in future for this Khadi stamp.

Only 4 bids were on this unique stamp sheet even though it is made on Khadi Cloth, it is Odd Shaped(square/diamond), limited quantity(100,000) etc. Also not sure whether Shill Bidding took price to $2.96.!!

Read my blog post about Gandhi Shill Bidding.
http://gandhiphilately.blogspot.com/2011/06/how-to-increase-price-shill-bidding-of.html

Not sure why such a low price of this item & I am confused what is right price of this stamp sheet and also other Gandhi stamps and stamp sheets.

If you want to know more about Gandhi Khadi 2011 stamps then please read following blog posts.



Thanks





Friday, June 17, 2011

Mahatma Gandhi Stamp - Is it for Investment ?

Hello Gandhi Collectors,

Want to know value of Mahatma Gandhi stamp then check out following screenshot. Also you can see it's not  in great demand as barely there are 1 or 2 bids and some of them were not even sold.!!

So it looks like Gandhi Stamps are not for INVESTMENT because after 40 years price of stamps is not increased at all or there is no buyer of this stamps!! So again if you are thinking for Investment in Gandhi Stamps then this is not a place to be.

Upper Volta - $0.99
Hungary - Magyar Posta - $0.99 (UNSOLD)
Germany - $0.99 (UNSOLD)
Cyprus (Se-Tenant) - $0.99 (UNSOLD)
Chile - $0.99
Brazil - $0.99



I hope this will help to new Mahatma Gandhi collectors what price they need to pay for Gandhi Stamps. I think you can get still cheaper as ebay.com  (US site) don't allow to list below $0.99.

As I mentioned before that you can find stamps easily within 1-2$.  There is enough for everyone so don't  need to rush to add in your collection  within 2-3 months of starting this.  People will try to increase price of some stamps so don't get in to that as they are not super rich to get it all and even if they get it let it keep it with them for this kind of stamps from Cameroun, Yemen, Somalia, Syria and all Gandhi overprints stamps.

Also don't try to buy it in a lot to save shipping. That is one of the reason you will get cheated.!!

Can't Believe this price.!! Also Can't believe that out of 4 stamps UNSOLD 3 were issued in 1969. Also in my previous blog post about  Unbelivable price of Germany Gandhi stamp was sold for $7.50.!!!  So not sure what going on in Gandhi Philately world.!!!

In short I think Mahatma Gandhi stamp is not for Investment.


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


Thanks

Saturday, June 11, 2011

Mahatma Gandhi Rare Stamp Sheet is not RARE any more.!! 1979 Nicaragua Mahatma Gandhi Stamp and Albert Einstein stamp with background of Taj Mahal.

Hello Mahatma Gandhi Collectors,

In 1979 Nicaragua issued souvenir sheet of 2 stamps of Mahatma Gandhi and  Elbert Einstein with background of Taj Mahal and other stamp of Einstein.


This Souvenir sheet was withdrawn within couple of days because designer/proof reader/printer and other official made error by mistake or by purpose.!!  If you see on stamp sheet year is mentioned as 1980 so this was one of the reason  they withdrew from market.

Not sure why 30+ years ago a small country wants to print this kind of souvenir sheet.!!

Because of this withdraw, this sheet was one time very very RARE. Only 5 known issue were exist in the world  from 1979- 2008. But since I started collection  almost 3 years ago I have seen more than 40-50 for sale on ebay and  price is going down of this sheet like a hell. Initially dealer who bought this at very high price started to average it out but they also got tired.!!

I bought this some where around 35-40$ and now it is going for $13.!!




As you can see from above screen shot that on same date (June 05, 2011) 2 sheets were sold. One from Latvia and other from Germany. One was sold for $13 and other was for $31. What a difference.!!! Don't know why but this need to be researched.

Also not sure how many were printed but looks like 10000+  as we can see the # on the sheet. If you have higher # of this souvenir sheet than let us know so we can find out.!!

Reason for this drop is that this sheet is coming out from closet to market after original visionary collector of this sheet collector died and his relatives are selling it slowly. My guess is also this visionary collector had overprint stamp from Nicaragua with other Einstein stamp series.(8-10 stamps) as this 2 seller sell this stamps as well as this souvenir sheet. Click following link to readmy other blog post about Gandhi Overprint stamps.

http://gandhiphilately.blogspot.com/2010/01/overprint-gandhi-stamps.html

Currently this 8-10 stamps and this souvenir sheet is holding value because of Mahatma Gandhi as it looks like  no new collector is interested in Einstein. This is my observation as Einstein stamp value is very low on ebay and delcampe. Also this overprint stamp looks like made intensely to make money so I think before buying.

So if you are new in Mahatma Gandhi collection just don't buy blindly. Think about this and jump. This stamp souvenir sheet is not any more RARE so think twice before you add in your collection.

Update : 12/27/11

Recently this miniature sheet sold under $11.!! I think within 6-8 months this will be selling under $1 if there is no shill bidding.!!

This stamps are mainly selling from former USSR countries.




Do you think stamps are still for investment.?

Want to know more about other FAKE Gandhi Stamps Philatelic Materials then please check out our other blog post (There are more blog posts but 8 are more interesting to read, so please read.!)

Maldives : http://gandhiphilately.blogspot.com/2011/12/maldives-gandhi-stamps-is-it-fake.html
Germany : http://gandhiphilately.blogspot.com/2011/08/its-back-again-fake-germany-2009-gandhi.html
Mauritius : http://gandhiphilately.blogspot.com/2011/06/possible-fake-postmark-cancellation.html
Madagascar : http://gandhiphilately.blogspot.com/2011/12/madagascar-gandhi-stamps-fake-fdc-of.html
Nicaragua : http://gandhiphilately.blogspot.com/2011/07/fake-fdc-made-from-nicaragua-1979-1980.html
Mauritius : http://gandhiphilately.blogspot.com/2011/11/early-usage-of-indian-pin-code-classic.html
1969 issues : http://gandhiphilately.blogspot.com/2009/04/gandhi-1969-cancels-possible-forgeries.html
Nicaragua : http://gandhiphilately.blogspot.com/2011/12/fake-nicaragua-100-years-of-cinema-fdc.html

After reading above blog post don't you think similar pattern for making FDC or Max Card in Gandhi Philately.!! (It's a whole new topical Philately !! FAKE Gandhi thematic collection.!!)

Don't you think that is there any Genuine GANDHI philatelic material ever issued.!!! Most of the Gandhi stamps were issued in 1969 and during that time there were very less collectors so it is not enough for current needs of collectors.

Also I think because of recent popularity of Gandhi stamps there is a huge demand of it  so dealers and resellers (even printers) are trying to take benefit by issuing FAKE and Forgery material of some never issued stamps, FDC or Used Covers including Register Covers so Beware before you enter in to Gandhi Philately collection.!!

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


Sunday, June 5, 2011

How price of Gandhi stamps or Philatelic materials are increased.!! Chile Mahatma Gandhi Stamp FFC related Football - Soccer World Cup 1974

Hello Gandhi Collectors,


I am surprised when I notice on ebay about price variation on recently sold  Chile 1974  "FFC Chile > Germany 1974 SOCCER-Sport-Gandhi, LH Expres Cvr"




Yesterday on June 4 above FDC was sold for $8.10 to "p***p (14)"and on April 10 it was sold for $3.80  to "r***3 (29)" and seller for both cover is "firstphila"

You will be thinking that's good ROI for buyer "r***3 (29)" who bought it at 3.80!! I think so.!!

But I notice the buyer who bought it for 3.80 was also second bidder (loser) on other one.

Looks like this second bidder "r***3 (29)" is new Gandhi collector from Surat (Rajesh Movaliya with id "srm2382" who is writing comments on this blog.!!

I am not sure why "r***3 (29)"  wants to buy it at higher price then he bought.!!.Also not sure why he wants to buy another one.!! as per him, he a new collector.  I will understand if he buys this cover if it is very cheap to trade or exchange with other collectors but by paying twice the amount which does not make sense.

But this is Gandhi Philately where some of the weirdess things are going on!!.


Also another buyer "p***p (14)" is new collector from Dubai and he also writes comments on this blog.  Not sure how many new collectors are joining Gandhi philately but this also surprise me.!!


Also 2 similar FFC were unsold on May 20 from UK seller "phil-centre" which were listed at "$29.45".!! and it is currently re-listed.!!




Let us know what do you think.!!

Thanks
KP.

BTW : This is very interesting FFC for Gandhi collector. You can get more info about this FFC on blog post written by co-author of this blog Nikhil Mundra who is also owner of www.gandhistamps.com website. It's interesting to read about this FFC. Click following link to read his blog post.

http://gandhiphilately.blogspot.com/2010/03/chile-1974-gandhi-ffc.html

Saturday, June 4, 2011

Mahatma Gandhi Stamp Value is on decline again - 1968 Cameroun Gandhi ( Cameroon Ghandi ) FDC

Hello Gandhi Collectors,

You all saw what is the price of Mahatma Gandhi 1968 FDC from Cameroun sold on Delcampe. It was sold for $91 which means that Gandhi Stamp/Philately PRICE IS ON DECLINE.

This is how it is sold in last 3 years.

4/26/2008 --- $294
3/09/2009 --- $266 ($150) (my purchase, how I was fooled.!!)
3/07/2010 --- $214
5/14/2010 --- $179
????          --- $120-150
1/28/2011 --- $112
5/31/2011 --- $91

I think this are still INFLATED price of Cameroun Gandhi FDC. ( Cameroon Ghandi FDC )
I think this is also on high because there are 2000 total (and not sure there are total 2000 Gandhi collectors who can afford this.) so my guess is next time it will go under $75-80. Let's see what happens in future when someone from France will sell this FDC.


Now if you see closely top 3 bidders then you will notice that these are dealers/reseller who already have 3-6 FDC or more  in their stock. Some of them bought very cheap from dealer/reseller from France and some even paid high price also so in order to keep the price up they are bidding on this item. They generally auction this FDC around $299-499.!!

This time if you see all 3 of them try to bid at last moment where as if you see previous bidding (look at my previous blog post about this) then they start bidding  initially to make price high. Click this link and you will find same bidders who are bidding on this also. This time they really want to buy this at cheap price.!! & want to sell it to us in future at higher price by offering same FDC with different id,  from different country etc.

Now it's up to all Mahatma Gandhi Collectors to decide how we can stop this or prevent this kind of activity. I leave it up to you to decide what you need to do.!! 

But we all know what  are Mahatma Gandhi's Principles  "Boycott" and "Passive Resistant" and we all can try his principles and let's see what happens to this FDC in future.!!

I think price will eventually fall for this 2000 FDC which will come out of closet from FRANCE, same way currently from Lativa or Germany we can see  Nicragua OVERPRINT stamp of Gandhi with Eistein series or Nicragua Gandhi with TajMahal. once certain collectors/dealers/reseller will buy it to average their buying price. But they still regret as more and more this stamps are coming in market as price of this Overprint stamps are coming down.

I still have mine which I bought it for $150. so I lost $60 in 2 years (40% + interest)!! If there was enough information like this blog I will never buy this.!! Just keep patience and you will get it cheap in next couple of years. It's just matter of time. You can still exhibit with other countries FDC and it's not a great point that you don't have this FDC.

Let us know what you think about this Mahatma Gandhi Cameroun FDC. 

Thanks