Showing posts with label Sri Lanka. Show all posts
Showing posts with label Sri Lanka. Show all posts

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.
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Tuesday, April 19, 2011

Sri Lanka Gandhi Stamp : Don't know what's going on with Srilanka Gandhi stamp.

Hello Gandhi Collectors,

In 1988 Srilanka issued Mahatma Gandhi stamp.

Mahatma Gandhi travelled from India to Ceylon arriving in Colombo, the capital city on November 12, 1927 and stayed there for 3 weeks . He accompanied by his wife Kasturba, C. Rajagopalachari(who was using 10 Rupees Gandhi Service stamp as first Governor General of India in 1948) and Lakshmi Rajagopalachari(daughter-in-law of Gandhiji)in Ceylon. His visit caused great excitement. The people of Ceylon were calling for greater independence from the British who had ruled the country since 1815 having taken over the island from the Dutch.

Now let's see what's going with Srilanka Gandhi stamp. Even though it is issued in 1988 it is not available easily. My guess it is hidden in someone's closet.!!

Recently on ebay there were 2 auction of Srilanka Gandhi stamp. One is single MNH sold for $41 and other with MNH block of 2 sold for $22(11$ per stamp. Even though Srilanka Gandhi stamp is 0.75 rupees it is appreciating lot in 25 years.!!

Can't believe what happen. Is it real that price decline by 400% in just 10 days or something else!! Following are screenshot can you look at it.

Seller:- stampgal-sfb from USA
Buyer:- shukla_nawab from India
# of bids: 14
Date Sold:- 03/29/2011
Sold for:- $41



Seller:- abikutti123(2412) from India
Buyer:- UNKNOWN (because of Private listing) (why private listing???)
# of bid:- 3
Date Sold:- 04/09/2011
Sold for:- $21.50



Looks like it is very hard to find a right price for Gandhi stamps as it varies who is selling it.

Buyers need to be aware that they don't need to pay high price for artifically inflated price for common stamps or FDC.

Think twice before jumping in Gandhi Philatelic and if you are already in(like me) then think twice before you bid.!!!


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



Update : - On December 2011 it was sold for 3 Euros ($4).!!