Actually the stamp market it extremely strong
As others have stated generic, average condition stamps are and have always sold for a fraction of Scott catalogue value, mint stamps bringing a percentage of face +/-.
However high grade and or rare stamps are extremely strong right now. Many of the recent auctions have set many records for individual stamps. Graded or certified stamps are the area of strongest interest to collectors of US stamps at this time.
As an example a highest graded PSE 98 Jumbo used copy of Sc #8a that I was quite interested in recently sold at auction. The catalogue was $1,250 the estimate was $5,500, which was also the opening bid. The price realized was $20,000+ the juice. This is just one of many examples from that particular sale. There were many more from this auction and others this Spring.
Scott
Last edited by sb1; 05-11-2009 at 11:47 AM.
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