A friend gave me these First Day Covers with a 22 karat gold reproduction of the issued stamp included on the cover, does anyone know anything about these covers. They are all housed in binders made to hold the covers also made by The Postal Commemorative Society, located in Norwalk Connecticut
Sorry I'm having a problem with my scanner thus no image ..........Bill
Years ago a friend of mine was in a bad spot, his father in law died and they needed money for the funeral. He and his wife thought the answer was to sell the father's stamp collection. So I got the call to help and guide them on selling a "big stamp collection worth a lot of money".
As you've figured by now, they had several albums of these covers. I had the sad duty to inform them that they were worth nothing. I showed them several eBay listings where whole albums didn't sell. They abandoned the albums with me. They are somewhere in my basement.
I have an album of these also. My brother bought then when he was at a gun show I think. I still have them and haven't even thought about selling them since everyone on Stamporama seems to think they are worth less. Such a shame as they really are pretty stamps.
Back in 1995, they sent me one of those, I think it was the "Angelic Cherub" "Love" issue. It was free as a promo to get me to sign up for future offerings. I didn't solicit it, but was signed up with Mystic, Kenmore and several other approval services at the time, so I always figured it came through those channels. It wasn't something I was interested in, so I didn't reply.
I have seen these in complete sets offered in local auctions. No bids. I bought a few of them after-market, but not for my philatelic endeavers. They were train stamps. Plus the price was very good.
APS life member of 25+ years 06 Dec 2016 04:27:20pm
re: Postal Commemorative Society of
I am concerned about too many collectors and dealers claiming "contrived" covers are worthless. They are not. They have value. They are not worth what they originally cost but they still have value.
The gold stamp covers are priced as FDCs or event covers so they can run from 10 cents to 25 cents to 50 cents, maybe some as much as a dollar (based on subject). The gold is worth much less than a penny so it doesn't even figure into the selling price.
Just like much of our collections, the amount we pay for stamps, covers, etc. is always more than what we will get back when we sell it.
So please stop spreading the myth that things are worthless - they are not.
I think that those are part of the "valuable" collections that the Franklin Mint was putting out on a regular basis back in the 70s, didn't care much for them then or now.
