Post by Lexie Lu
You’ve decided it’s time to sell your stamp collection. Perhaps it was inherited and no longer interests you. Maybe you have outgrown the hobby or are unable to enjoy it anymore. Better yet, you have more valuable and rarer collections and you want to be rid of your amateur days.
Whatever your situation, you will want to review these tips for selling your stamp collection.
Where to Sell Stamps
In short, sell them at the same place you bought them. However, you may have collected them from your mail or they may have been given to you. Here are a few avenues to sell your stamps.
What Is Your Collection Worth?
Do you have a bag of stamps you peeled off as a kid or a leather-bound book filled with stamps from hundreds of years back? There are many factors in determining the value of your stamps.
Where Can You Find Out?
You can get a general idea of what your stamps are worth by reviewing stamp collecting manuals such as the Scott Standard Postage Stamp Catalogues. They categorize many different stamps and give a high-end value for stamps in mint condition and a lower value for stamps in poor condition. This will give you a general idea of what your stamps are worth.
For bigger, more expensive collections, you can seek the help of an appraiser. You can find an appraiser through the American Stamp Dealers Association or some of the other reputable stamp collecting associations. If you have a local dealer, they may be able to refer you to an appraiser.
Preparing Your Stamps for Sale
As with anything else, appearance is everything when you are trying to sell your stamp collection. Make sure you have a proper, clean stamp album to display your collection. Don’t use cheap albums with acidic paper that will fade or deteriorate. Make sure the stamps are covered by mounts, plastic covers used in the stamp trade. If your stamp collection looks professional, you will be paid accordingly.
If you are mailing to a purchaser, make sure you itemize everything on a packing slip and put it in the box. Wrap albums in plastic if you intend to mail them to a purchaser. You want to protect them from moisture. Also, pad the boxes with bubble wrap or newspaper to avoid damage in shipment. Write an arrow on the box indicating how the box should be handled. Mark your box fragile, even if it isn’t.
For whatever reason you are selling your collection, good luck with your sale. Hopefully, you will sell when market conditions offer your collection the highest price. Be happy your stamps will find another collector who will enjoy them.
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