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Wednesday, July 16, 2014

Free Stamps and a Digital Age take on Old-Fashioned Stamp Swapping

Back when I was a "junior" stamp collector, one of the most common ways to build a stamp collection was to "swap stamps" with your friends.

Of course, this was in the "brick and mortar" days of philately-- before there was "the Internet." Back then, my connection to other stamp collectors didn't come from blogs, or Facebook, or stamp forums-- it came from going to the local Stamp Club, and participating on "trade day."

The nature of "swapping stamps" has changed considerably over the years. Stamp clubs are still around, but not in the numbers they once were. These days, more people swap stamps through online groups than face-to-face.

For me-- as well as for many other collectors-- the appeal of swapping stamps was, and remains, that it didn't involve money. For many-- young and old alike-- that is still a large part of the appeal of exchanging.

The challenges of swapping stamps also remain the same, in our digital age. How do you swap? Stamp for stamp? 100-for-100? Catalogue value for catalogue value? One of my youthful frustrations was always that often there was one person who wanted the stamps I had to swap, and a different person had the stamps I wanted for my own collection. Arriving at an "even" exchange was often difficult.

Personally, I have always been a fan of "barter" economies... systems in which people can exchange goods and services (such as stamps) without money, but there is a common "trading unit" that (for example) allows a house painter to offer painting services to someone else who "pays" with fresh strawberries, which they in turn exchange for tools which are eventually exchanged for the fresh flowers the painter ends up taking home to his wife. Instead of just two people involved, a long chain of people complete the trade.

The benefit of barter systems-- as opposed to one-on-one exchanging-- is that you're no longer dependent on finding a "swapping partner" where you each have exactly what the other wants. You offer your items-- stamps, for us philatelists-- to the broader community, then you end up with "credits" and then you use the credits to "bid" on the stamps you want... potentially from several different people.

Over the past couple of years, I have been "experimenting" with an online barter marketplace called Listia. It has actually been around for quite a few years now (since 2009) and has become pretty stable and has a good user base. Over 10 million items have been traded. In many ways, it's like eBay USED to be (before it became over-commercialized), but there's no money... only trading credits. Like eBay, you "offer" and "get" items through a system of auctions you can "bid" on, with your credits.

I got involved because I thought about the idea of an online "barter marketplace" for stamps and stamp collectors. Of course, Listia has every kind of item under the sun... but there IS a "stamps" category that's seeing more and more activity.

Because I need another "pet project" about as much as I need another hole in my head... I took on a bit of the challenge of "spreading the word" about this site, as a potential "online swap meet" for stamp collectors. It's still in somewhat limited stages, but there are now several active stamp traders offering hundreds of stamps every month.

Of course, I've had to "put my money where my mouth is" and become someone who offers things for trade... which I have done. So far, so good. I've actually traded some of my unwanted stamps for both other stamps, as well as things that have nothing to do with stamps.

The stamps you see pictured on this page are actual stamps I have offered for trade. And as I write this, 100% of the stamps I've made available have changed hands to dozens of collectors around the world.

You can click on this link to see what I currently have available.

Just to clarify, these ARE basically "Free Stamps" in the sense that there is no money involved. Of course, you have to get some "credits" which you do by making some of your own duplicates available. Some people just buy site credits (with money) but that defeats the purpose of having an "exchange," to me.

You can get some starting credits for free if you use this signup link to get started. You see, I get to give away site credits to encourage people to sign up. There is no catch. You will NOT be asked for your credit card information. You will NOT be asked for money. You can even enroll with your existing Facebook account.

Of course, there's some old wisdom that says "There's a catch." And "there's no such thing as a free lunch." True... and part of the reason I didn't recommend this site a couple of years ago is that I wanted to see where the "catch" was. People were saying to me "Yes, but the site has to make money SOMEhow!"

Very true.

So after a couple of years of observation, here's the "catch" and the fundamentals of how the site "makes money."

Some people offer pretty good stuff for trade. Because it's popular, the bidding (with "credits") gets pretty competitive. Many people don't have the patience to wait until they've traded enough of their own stuff to afford some expensive item like an iPad or a $200 gift card. So they BUY credits from the site, with cash. The site also has a "Rewards Store" where they offer various things for traders to cash in their credits. Like a regular store, the site makes a profit from things they offer in the rewards store. So the "catch"-- in a nutshell-- is that they make some money from simple "human impatience."

Personally? I've never paid a single penny (of "real money") for anything on the site. But I'm patient.

If you're thinking you might be interested and would like to know when I have more free stamps available, you're also welcome to sign up to be notified when I list new items for trade... no telling what will show up! I have hundreds of thousands of stamps. To be notified, just fill out the form below, check your email for a confirmation request and you'll be "in the loop." Again, I'm not trying to SELL you anything, just sharing an opportunity to try a new and fun way to swap stamps.

Free Stamp Notification Service

Email Marketing You Can Trust

Thursday, July 10, 2014

Part 8 of a European Accumulation of Classic US Stamps

As regular readers of this blog may have noticed, I sometimes use these pages to talk about my late stepfather's extensive accumulation of classic and older US stamps. This summer, I am continuing to parcel out these stamps with another group of 100+ eBay auctions.

(If you want to go directly and look at the stamps without reading the story, you can also click on this link, which opens in a new browser tab)

1c 1869 Pictorial with RED cancel
My stepdad was basically a "hoarder" who'd buy loose album pages, cigar box lots, stock sheet lots and so on, all with a focus on US stamps from the beginning to about 1930.

I know it was his intention to "eventually" build a real collection of US... but as he aged (he died at age 92) the project seemed to just become more and more overwhelming for him. And yet? He'd keep buying these "odd lots," look at them for a while and then store them away for the future.

Since I was "the stamp expert in the family," I ended up with this chaotic accumulation, assembled over a period from about 1982 till his passing in late 2010. Two large moving boxes' worth, filled to overflowing.

Although I may be somewhat of an "expert" on Danish and Swedish philately, I actually don't know the first thing about US stamps... at least not beyond what a somewhat experienced collector can figure out with the help of a Scott catalogue. As I have written previously, I was very tempted to just sell the whole thing as a "bulk lot," but got some rather lowball offers for what seemed like a good number of stamps with some decent value. So I decided to sell the stamps, myself.

Of course, much of what I am finding IS basically "common junk" not worth talking about. But it seems like pretty much every folder or wad of album pages I examine has something "of value" to be found.

I just finished my 8th stack of album pages (and bulging stockbook), which has only taken me about 1/2 of the way into the first box... if even that.

A nice mint 75c Parcel Post stamp
This time, I came up with about 120 individual stamps worth listing. The vast majority are in the $10.00 to $50.00 catalogue value range, although there are some as high as $200.00+. In other words, a lot of decent "mid-range" stamps. Some are in perfect condition, some are "presentable."

This go around I found more mint stamps than usual-- my stepdad was mainly interested in used stamps (they were "cheaper," he said!) so the mint has been pretty limited.

When I first started the massive task of sorting through all this material-- and discovered there were a good number of better stamps-- I decided that I was going to put the proceeds from sales into the grandkids' college funds. Of course, it may not be much more than a drop in the bucket towards a college education by the time they get to be young adults (they are four and one, respectively), but I figured it would be better than nothing, and I'd like to think that my stepdad would have been pleased, too. He never actually got to meet our grandkids, but I think the thought that his stamps would help with "something useful" would have appealed to him, as he was rather a pragmatist.

Anyway, this week's selection is one of the larger and best quality (120 lots) I've assembled so far, which means multiple lot winners can reasonably save with combined shipping. I've done my best to identify everything correctly, but where there was any doubt between two stamps, I've identified each as "the cheapest version."

US Scott 418, 15c Franklin, mint NH-- catalogue value $190.00
In any case, these stamps are now up for auction on eBay with my "usual terms:" ALL stamps have the bidding start at ONE CENT, regardless of value... I'm just going to trust collectors and "the market" to come up with what's a fair price... aware that some stamps may sell for $0.01.

As previously, I am using my "personal" eBay account, rather than the one I used to trade Scandinavian stamps.

Someone recently asked me-- or rather, commented: "I could go into your auctions and just bid five cents on every single item, and end up with some perfectly good stamps I could trade or resell for 100x more than that?"

Yes. Yes, you could. At several of my previous sales from this accumulation, collectors walked away with $25.00 stamps they only paid one cent for! Of course, that's the exception, not the norm-- but it does happen. The point is that I want to sell the stamps, not "collect" them or save them for later. So there will be some extraordinary bargains to be had.

Anyway, the stamps are now available for bidding. Bidding remains open till 10:00pm Eastern/7:00pm Pacific time, on Sunday, July 13th, 2014. As always, there is reduced shipping when you win multiple lots. Here's a link to the auction listing; go have a look, and I hope you find something useful!

Are there more like this? Well, maybe not like this, but I'm barely 25% into sorting the whole thing, so there are many more to come, and it will probably take me several years to finish sorting through everything.