What a difference in 1948 Gandhi Stamp Value - Gandhi Stamps is really for Investment.!!

Hello Gandhi Collectors,

To understand properly about this blog post please read my previous previous blog post written in May 2011 about "Nepal Indian Embassy Mahatma Gandhi 1948 Cover (FDC) with 1.5 Anna Gandhi stamp". In this blog post you can see there were 12-13 buyers out of which I question 50% buyer ebay id !!!

Last week on ebay buyer "e***p (559)" aka "Speedbird1*"  won  Nepal Indian Embassy Mahatma Gandhi 1948 Cover for just $37. !!

Don't know why buyer paid $37 for this.!!

Incredible price compare to previous auction.!! One of the lowest I have ever seen in last 3 years.

What a Great value compare to previous auction in April 2011 and what a loss on Investment by "srm2382" & "adianil".

Both this ebay bidders bought Nepal Gandhi Cover in April for whooping $155. Really feel sorry for them if  it is REAL deal.!!!!!

It's like 400% loss on investment.!! in just 4 months.  For me it's 200% loss as I bought it for $80!!. If I have buy it now I will not buy this at all. It's piece of ......!!!

I am not sure that at $37  is also a good value for this cover!!

But's it's buyer choice to pay even after my blog post so now I am more curious whether they got my information or something else.!!

Not sure why "e***p" (speedbird1*) started bidding since auction start and last seconds bidding by  "t***8 (2098)", "s***v  (581)" and "t***6 (176)".

Also not sure whether my previous blog helps this bidders or not.

Do you think this 1948 FDC or cover is for investment.?

Thanks
Ketankumar Patel.
My special Cancellation

Thanks
Ketankumar Patel.
(My Son's blog http://usapostman.blogspot.com)
Date : 08/29/2011

Click to see 50th Anniversary
Special Cancellation

1971 Panama Mahatma Gandhi Stamp c384 was sold for $137. Is it real value of Mahatma Gandhi stamp?

Hello Gandhi Collector,

Last week 1971 Panama Gandhi MNH c384 stamp was sold for $137.!! What a return on investment on 10 Panama Cents in 40 years in  US dollars. 

I think this is best ROI on Gandhi stamps except 1948 India Mahatma Gandhi 10 Rupees Service(only 100 stamps printed) which does not count as it was not for general public postage stamp or available for collectors or dealers as it was only available or made to use  by 1 person and that person was 1st Governor General of India.

This particular stamp is kind of rare (in someone's closet!!) and it demands premium but this was sold for double the amount I saw in last 2 years. Generally it sells somewhere from 60-80$  on ebay.com and it will resell it on ebay India.

Again it's is upto collector how much they want to pay. So it is on collector's hand about valuation of this stamp. I don't have MNH stamp and never want to buy this even if someone is selling cheap because I don't want to support this kind of business. I have used stamp for which I paid 10-15$ only which I bought it 2 years ago.

Now let see do some research

Date Sold: Jun 08 2011

Seller : docnik(10606 feedback) from USA

Buyer: airpostman(528 feedback) from USA and ebay member since 1998. 

Now if you see airpostman last 30 days bidding, then you will notice that he bidded on 40 items and out of that 76% are with this seller.

Also look at airpostman   feedback of 2011. Click following link to see Feedback of airpostman

Even in 2009/2010 he was active buyer from same seller (docnik). Check it out.

2009-2010 feedback

After looking all this screen shot and looking at URL, what do you think about this stamp price.? Is it Reasonable or High or Artificially Inflated.?? 

Also you can read blog post about Gandhi Shill Bidding for help if you cannot decide what's going on.

http://gandhiphilately.blogspot.com/2011/06/how-to-increase-price-shill-bidding-of.html. 

Please make sure to  read link inside that blog post.

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

Thanks

Ketankumar Patel.
Shill Bidding on Gandhi Stamps

My First year experience in Gandhi Philately.

My 100th blog post.

Gandhi Stamp Collecting is SCAM. My 3 year experience tell me Yes!!