I just discovered this bargain on another auction site and was wanted to share it with any and all who might be looking for this rare item. This is the title: "ABRAHAM LINCOLN 4 CENT UNITED STATES POSTAGE STAMP 1954" and the only bid offered is the BIN price at only $7.95, BUT, that does include free shipping and handling.
I was going to suggest that he come and visit us at SOR and maybe offer some of his gems here, but thought I should see if that would be OK with everyone first. Should he be invited here or not? What is your opinion? Thumbs up or thumbs down?
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"It's been three years now, since I joined a support group for procrastinators. We haven't met yet..."
They who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety. -Benjamin Franklin 15 Apr 2013 07:49:53pm
re: how about this bargain???
I used to really get PO'd at these type auctions on the "it's-a-big" auction site. A lot of times it was Ma or Pa Kettle who knew nothing about stamps and truly believed they had a real treasure on their hands. Many times, however, I believe it was (and apparently still is) one of those P. T. Barum disciples looking for that recently born sucker. Of course, as W. C. Fields so eloquently taught us on screen, you can't cheat an honest man - so I figure those idiots (or unwitting opportunists) get what they bargain for if they bid.
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"The only thing necessary for the triumph of evil is for good men to do nothing. -Edmund Burke"
I have seen it both ways were it is a scammer who knows better, or it is an antique dealer who has little to no knowledge of stamps who thinks that because it is "old" it has to be worth alot.
If there is no misrepresentation in the item description ("rare one of a kind, etc."), then there's a good chance it's just someone who ran across it with the "it's so it must be valuable" perception. I have found that talking to them about it helps them better understand stamps, and most are appreciative of the information.
Regarding the pricing, it's their item, and they can ask whatever price they want for it as long as what they are selling is legitimate. It has always been said that when buying collectibles, know what it is you're buying, or take the risk of getting ripped off.