If you have a hobby of stamp collecting from childhood, you are a stamp collector, or even you have old stamps at home then it is good to know where to sell old stamps. There are many places where you can sell your old stamps. You will find the places later in the article.
Many people often ask, How to sell a stamp collection? There are different ways to sell stamps. Some ways to sell your stamps are:
- Using a stamp dealer
- Stamp Magazine
- Stamp Fairs
- Selling stamps on eBay
- Selling stamps by Private Treaty Sale
- Selling stamps at auction
- Donating stamps to a charity
As we all know, there’s a long history of stamps (the first stamp was issued on July 1, 1847). There are different types of stamps in the US. The good thing about the stamps is that you can sell all types of stamps including, US Stamps, Used Stamps, Mint stamps, Vintage stamps, and many more.
Continue reading for the places where you can sell your Postage stamps.
How Do I Know If My Stamps are Valuable?
Some used and old stamps might be very valuable. On the other hand, ordinary-looking things may also be expensive. This is why it is good to know the value of the stamps. For determining the values of the stamps, follow the following steps:
- First of all, identify the stamp.
- After that, find out when the stamp was issued. Calculate the age of the stamp and know the material used in the stamp.
- After knowing the age of the stamp, determine the centering of the design.
- Next, check the gum on the stamp.
- After that, determine the condition of the perforations.
- Check if the stamp has been canceled or not.
- Lastly, find out the stamp’s rarity.
Moreover, you can also know the value of the stamp through the internet. There are different websites where you can find the value of individual stamps or stamp collection. Such a type of one website is Stampworld.com, where you can quickly and easily find the stamp’s value.
Best Places to Sell Old Stamps
There are many places where you can go and sell your old stamps. However, in this section, I’ll explain some places that you may find near you. Here is a list of the places for selling stamps:
- Sell Unused Stamps
- Apfelbaum, Inc.
- Miller’s Stamp Company
- A Collector
- Mystic Stamp Company
- A Dealer
- On Consignment
- A Stamp Show
- An Auction House
- An Online Auction
Continue reading for more in-depth details of the places where you can sell your stamps.
1. Sell Unused Stamps
If you have old stamps, don’t waste them, sell them instead. You can sell your forever stamps or other unused stamps to Sell Unused Stamps. The good thing about the company is that it offers many different payment options, including checks, bank wire transfers, and PayPal.
2. Apfelbaum, Inc.
Apfelbaum, Inc. is another place where you can sell your unused stamps. The company has been selling and buying stamps since 1910. The good thing about the company is that they give immediate cash payments as well as ship your stamps for free.
3. Miller’s Stamp Company
The company has been purchasing stamps since 1930. Miller’s Stamp Company is a legitimate place to sell stamps because the company is a member of the American Philatelic Association (APS), American Stamp Dealers Association (ASDA), and many other organizations.
The company offers two options for buying stamps. You can either send your unused stamps to the company or you can meet them to sell stamps.
4. A Collector
If you know the stamp collector directly, or you may find him directly, it is the best way to sell stamps as it may save you a lot of time. The stamp collector also gives you the highest sale price for your collected stamps. However, be sure to find out the price of your stamps so that you can communicate successfully with the collector.
5. Mystic Stamp Company
The company has been in the stamp industry and has been purchasing stamps since 1923. You can ship your forever stamps or other used stamps directly to the company and the company will pay you for your stamps.
6. A Dealer
Selling stamps directly to the dealers is the quickest way to get immediate money. Keep in mind that if you sell your used stamps to the dealer, they will not pay you that high price. Here, you can sell stamps directly for cash.
7. On Consignment
Samp consignment services are another great option to sell stamps as they know where and to whom to sell your Postage stamps for the best price. However, they take commission or percentage of the sale. For that, hire a professional so that he/she sells your stamps on your behalf.
8. A Stamp Show
There are stamp shows where you can sell your stamps. The good thing about these shows is you can sell your stamps at the current retail price. However, you will need to rent a booth or table at the show. This won’t be that good for people having a small collection of stamps.
9. An Auction House
Selling stamps at an auction house is good, as you can earn a high price. However, keep in mind that your stamps can take many weeks or months to sell. Moreover, the auction house will also take a commission or 10% of the sale price.
10. An Online Auction
Online auctions are faster than physical auction houses, you can sell stamps online faster than auction houses. If you do not have a large collection of stamps or have particularly valuable stamps then selling stamps online is a great idea.
After setting the price, bidders start emailing you questions about your stamps within a week or two. Keep in mind that eBay does charge you a commission on your sales. For selling stamps on eBay, click here.
Moreover, there are many other auction sites. Here are some places to consider:
Guide To Selling Your Stamps
Here’s a guide that will help you in selling your stamps:
Know the worth of your Stamps
First of all, calculate the worth of the stamps as each stamp has its own value. Some rare and old stamps have a higher cost than common stamps so it is best to calculate the worth of the stamp.
Now the question may come to your mind, how to evaluate the real worth of the stamp? There are many things you can consider to calculate the price.
Let us go through them one by one.
First of all, find out the age of the stamp. Check the issue date of the stamps to calculate the age. Older stamps often have a better value.
After that, check out the rarity of the stamps. For that, check how many stamps of their kind are left. However, for this, you have to do a lot of research to know the stamp’s rarity, especially when you have a large collection.
It is obvious that stamps having higher demand have a higher value as they are more sought after by collectors.
Next, check the condition of the stamps. The stamp can be either:
- Sound: There are no imperfections in stamps.
- Faulty: Stamps have minor imperfections, such as creases or small tears.
- Defective: There are some major imperfections, such as scratches, largely noticeable creases, holes, or stains in stamps.
The condition of stamps can be further divided into seven different categories. Other categories are extremely fine, very fine, fine, good, average, fair, and below average.
Material & Centering
In the next step, determine the material used in the stamp. Also, determine the centering of the stamp’s design, this means that find the position of the stamp’s design in relation to its outer edges.
Check out the condition of the gum which is added back to the stamp. Gum is the adhesive substance that is added to the stamp’s back.
Determine the condition of your stamp’s perforation, which is the rows of holes on each of its four lengths.
Looking at References
Check out encyclopedias or stamp catalogs to learn about the stamp, the stamp’s history, and its value.
You can also calculate the stamp’s value from different websites. There are many websites that help you in determining the value of the stamp. Such sites include auction sites, stamp dealer sites, blogs, stamp forums, and many more.
You can also calculate the stamp’s value by going to Stamp Shows. Here you will also have the opportunity to talk to other stamp enthusiasts and collectors who can give you opinions on your stamps collection.
Ask the Experts
Lastly, you can also determine the value of the stamp by visiting a professional stamp appraiser. There are many stamp experts and dealers that can offer an appraisal of your stamp but they charge a fee for the appraisal of your stamp. Additionally, they can also purchase your stamp or collection, and deduct the fee from the total cost.
To conclude here, selling old stamps is a great idea but for that, it is best to calculate the value of the stamp. I have explained many places where you can sell stamps, now it’s up to you which place near you suits you.
For me, Dealers and online auctions are the places to sell stamps. Moreover, it takes some time and patience to sell stamps so it is best to wait for some time so that stamps can be sold for a good price.
Lastly, if you have any questions regarding the stamps or have any tips on where to sell old stamps? If so, then please share them with us in the comments section below.