Tuesday, September 15, 2009

Price of an Unused RB29p Block of Four

I don't own the block above.  It was sold to someone else in a Michael Aldrich auction on August 26.  The price realized page is here:  http://stampauctionnetwork.com/b/b6011.cfm#29.  I'm sorry I missed the sale, since the block went for $130.  The Scott value for this block is $425.  Clearly demand for this sort of material is not so great.  Especially when I looked today on the same Stamp Auction Network site and find stamps with catalog values of $10 selling for nearly $2000.  Stamp grading is generally bad for the hobby, but it does seem to be attracting the faddists and speculators into other areas.  The homely battleship seems safe.

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