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#1
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Cheap postage
Hi
Since returning to the hobby at the beginning of this year I notice that some stamp dealers offer cheap postage in the form of a stack of old commeratives that for one reason or another are deemed uncollectable. Also, almost every stamp dealer who has sent me anything through the post has used stamps in this way. Now this is great and I am all for it since it makes the post much more interesting but I have a few questions and wondered if anyone on here could offer some insight. First of all - how does this impact the income stream of (since I am in the UK) the Royal Mail. I hear that it is already making a loss - does this practice make it worse. I suspect not since it is only a small percentage of the population that is doing this. Secondly, since commeratives are printed in limited quantities will this practice have any effect on the scarcity of mint stamps. Finally, how do collectors of used stamps feel about say a 1980 stamp with a 2003 postmark. Would you consider it as collectable as one with a 1980 postmark? Thanks Mike |
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#2
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Taking the money and providing the service 20 years later, at the price
maybe including 20 years inflation seems like pretty good cashflow management. Are the Brit 1st and 2nd class stamps of 1989 still valid for postage? 1989 2nd class 19p 2003 2nd class 20p Even inflation free not a great return for an investor in stamps! First of all - how does this impact the income stream of (since I am in the UK) the Royal Mail. I hear that it is already making a loss - does this practice make it worse. I suspect not since it is only a small percentage of the population that is doing this. Secondly, since commeratives are printed in limited quantities will this practice have any effect on the scarcity of mint stamps. Finally, how do collectors of used stamps feel about say a 1980 stamp with a 2003 postmark. Would you consider it as collectable as one with a 1980 postmark? Thanks Mike |
#3
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This bargain applies only to countries that honor the initial purpose of the stamp, i.e. 1st or 2nd class mail in the UK. In the USA, the non-denominated stamps are valid for postage only in the amount originally paid. Postal clerks have a printed sheet showing the stamps and their postal value. It is a complicated thing, especially for the person who has leftover stamps. Tony "Garry Law" wrote in message ... Taking the money and providing the service 20 years later, at the price maybe including 20 years inflation seems like pretty good cashflow management. Are the Brit 1st and 2nd class stamps of 1989 still valid for postage? 1989 2nd class 19p 2003 2nd class 20p Even inflation free not a great return for an investor in stamps! First of all - how does this impact the income stream of (since I am in the UK) the Royal Mail. I hear that it is already making a loss - does this practice make it worse. I suspect not since it is only a small percentage of the population that is doing this. Secondly, since commeratives are printed in limited quantities will this practice have any effect on the scarcity of mint stamps. Finally, how do collectors of used stamps feel about say a 1980 stamp with a 2003 postmark. Would you consider it as collectable as one with a 1980 postmark? Thanks Mike |
#4
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Garry Law wrote in article
... Taking the money and providing the service 20 years later, at the price maybe including 20 years inflation seems like pretty good cashflow management. Are the Brit 1st and 2nd class stamps of 1989 still valid for postage? 1989 2nd class 19p 2003 2nd class 20p Even inflation free not a great return for an investor in stamps! snip If you are referring to stamps with the denominations 19p and 20p, the answer is that the 1989 stamp is valid for postage but only for 19p. In other words, it will not pay for a second class letter any longer. If you are referring to stamps with no denomination but which just say 2ND, then both will pay for a second class letter today. No Value Indicated (NVI) stamps in the UK retain their validity for the stated service indefinitely, unlike the policy in some other countries. Just to emphasise the difference, the first 1ST NVI Machin stamp was issued on 22 August 1989 for 19p and is `worth' 28p today. (The 1989 2ND stamp cost 14p at the time, not 19p.) Douglas |
#5
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mike wrote:
[snip] Finally, how do collectors of used stamps feel about say a 1980 stamp with a 2003 postmark. Would you consider it as collectable as one with a 1980 postmark? A 1980 stamp with a 2003 postmark would be of little value to me. American collectors do not seem to care about this as much as do European collectors. This may be because the USPO/USPS generally has applied cancels so that the part with the town and date fall on the envelope and only the "killer" or slogan part cover that stamp. In many European countries, it is very common for much of the CDS (circular date stamp) to fall on the stamp. I have wondered why European postal services do this. It seems to me that, from the perspective of the Post Office, it makes more sense to have the CDS on the envelope where it can be more easily read. Of course, as a collector, I prefer stamps with a nice socked-on-the-nose CDS, so I am glad that they do this. = Eric |
#6
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On Mon, 08 Sep 2003 11:30:05 -0700, Eric Bustad
wrote: mike wrote: [snip] Finally, how do collectors of used stamps feel about say a 1980 stamp with a 2003 postmark. Would you consider it as collectable as one with a 1980 postmark? A 1980 stamp with a 2003 postmark would be of little value to me. American collectors do not seem to care about this as much as do European collectors. This may be because the USPO/USPS generally has applied cancels so that the part with the town and date fall on the envelope and only the "killer" or slogan part cover that stamp. In many European countries, it is very common for much of the CDS (circular date stamp) to fall on the stamp. I have wondered why European postal services do this. It seems to me that, from the perspective of the Post Office, it makes more sense to have the CDS on the envelope where it can be more easily read. Of course, as a collector, I prefer stamps with a nice socked-on-the-nose CDS, so I am glad that they do this. Before you totally blanket this, check out France. Many, many times I have seen envelopes with SON and a clear cancel on the envelope. Both, that is... Tracy Barber |
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