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.
Posted by John Langlois at 1:00 AM