..... it is a rare collector who does not keep an eye on the possible future realisation of their collection should they decide to sell, so it seems to me that MNH is the only way to go.
Two phrases come to mind here Mike. "A fool and his money are soon parted."
and ..."A little knowledge is dangerous."
Buy what you want of course, but you are TOTALLY wrong
re MUH/Unmounted mint, and folks like you are cheerfully lining the pockets of the re-gummers.
Â£10,000 spent today on "MUH" Roos or early GB versus Â£3000 for the same looking stamps lightly mounted - in 10 years will be worth possibly TWICE as much not 3 times as much - that you paid. So YOU are the loser
... the MVLH buyer is the clear winner. THAT
is the "only way to go" if % return is your goal - as it seems to be yours.
Your comments that Scott do not list unmounted prices, and that dealers like SG will not buy mounted mint, illustrate your near total lack of understanding of the stamp market.
Scott has listed MUH prices for Australia for the past 10-15 years at least.
The entire stamp world knows that a MUH 1937 sets sells for about double what a MLH set does. From Caymans or British Guiana or South Africa. It is not rocket science.
I typed this below somewhere else and it bears repeating here, as it may
save one more misguided soul from themselves.
However anyone who types this nonsense is beyond saving I suspect - "I cannot view mounted mint as anything but waste paper"
===============NONE of the respected Committees will comment on GUM.
The RPSL, BPA, RPSL, RPSNZ etc will simply state "unused" in most cases even for *MUH* .... and generally never even mention if it HAS gum of any kind! "Unused OG" is sometimes used meaning whatever gum is there, appears original.
The stamp might have 10 hinges and be called "OG". Their job is primarily to determine the stamp's correct catalogue number and genuineness, and highlight any thins or tears etc - and they are not interested in gum, or lack of it. And will *NEVER* state anything is unmounted AFAIK -- even if you ask.
Beware of "MUH" from 'dealers' you do not know, who are members of NO leading International Trade Bodies who have strict Codes Of Ethics - or more often, beware of most sellers of *MUH* on ebay.
It often means some spiv may well be CALLING
it unhinged who "forgot" to notice the hinge mark, or more likely just spent $5 to regum a $200 Kangaroo in Germany, and magically turned it into a $600 one.
The vast majority of the buyers on ebay are totally clueless in this area, and would not know a regum if it jumped up and bit them on the bum - even AFTER they get it and inspect it. Indeed - they generally leave glowing feedback for the re-gummers!
Anyone imagining 100 year old high value stamps can actually be found genuine MUH are totally kidding themselves. MAYBE 2% actually are.
Sorry, I nearly always refuse to sell top value Roos as "MUH" - as near all are regums.
Richard Juzwin showed me a Â£2 1st wmk at a large show, that someone well known sold him, that he had bought as "MUH" for 5 figures
- that was both regummed and re-perforated.
I think Richard offered him about 10% of what he paid. Phone him and check. A $9,000 lesson for some dill.
Join that brilliant "investment" club if you wish, but I will not be supplying you!
Yes you often see LOW values in pairs etc .. as per these GB KGV I peeled off these album pages, with one MUH, and one MLH in pair. The Â£1 value you would NOT see MUH in such books as singles
were all even a wealthy person could afford generally - and it would have been FIRMLY hinged in after that expense. http://www.stampboards.com/viewtopic.php?f=27&t=13535
Please read this - we saved this dopey UK member VERY many $1,000s
buying regummed "MUH"
that I ID'd for him from his proud as punch photos here, as being regummed - so what does he do - he returns them for a refund, goes right out and cheerfully does it again! And AGAIN. http://www.stampboards.com/viewtopic.php?f=26&t=9464
Folks like you are doubtless the proud owner of what he returned.
Good German regums are incredibly
hard to pick, and 99%
of collectors (and a decent chunk of dealers) cannot
, which is why for 30 years I have urged folks to collect MLH pre war - or FU.
During my 30 years in stamp dealing, I have consistently said and typed this:Anyone insisting on MUH for pre-war stamps from ANYWHERE has rocks in their head, and/or has far more money than sense.
Anyone who chooses to aim for the far earlier KGV era in MUH
has twice as many rocks.
And as for KEVII and QV "MUH" high value issues .. I will not even waste words commenting on those. FACT
- It is now 74 years ago
since the initial KGVI stamps were issued.FACT
- No-one then collected single stamps then without
hinging them. It was in fact basically impossible to do. NO
Hagners, ShowGard mounts or hingeless albums back then. FACT
re-gumming in Germany costs a few $$s a stamp. Large firms do many 1000s a day. It is quite legal. FACT
- 99% of collectors (and more than 50% of "dealers") would not be able to pick a good German re-gum if it jumped up and bit them on the posterior. FACT
- When you buy LIGHT hinged
not only can you realistically hope
to get complete, but in the case of Australia pre-war will cost you about one THIRD
as much. FACT
- Whenever you or your family sell a fresh MLH collection, the dealer will value it as a fresh MLH set. There will be likely be an actual profit involved. The owners of 99.99999% of "MUH" collections being sold of pre-war era are given the great news they have a ton of re-gums among them. And lose their shirt. If you want to leave that distasteful legacy to your family - it is a free world of course. FACT
- If there is a differential of say 300% between light hinged and unhinged in top end Roos (as there is now for most of them) that difference WILL grow closer as the years go on. It may settle at double - who knows, but if it does the "MUH" buyer has lost a fortune compared to having bought MLH. FACT
- I have never heard of anyone paying to regum a stamp and then hinging it. Seems a pretty simple concept to grasp. Buying attractive MLH, you have that worry taken away entirely.
Seems like a no brainer to me. (Personally in this climate, Fine USED
is my choice whenever anyone actually asks me - it will cost you a TON less than hinged - about $20,000 less
for an Australian collection, and fox/tone less.)
A really SMART line in the sand is to decide for the QE2 era (or Post War if you prefer) collect MUH
as they are pretty available, and are generally not a great deal dearer than LH. Indeed from 70s on, there is essentially no premium for MUH.
Pre-QE2 or pre-war only
collect HINGED (or far wiser still - used
) is my frequent advice.
Hundreds of clients over the years have thanked me for this advice, as it ensures collecting is more doable re completion, and certainly FAR
more affordable. Clearly I make MORE money selling MUH pre-war of course, and this advice above is against my best fiscal interests - but it is what I FIRMLY believe.
I've had HUNDREDS of folks selling me stamps that have been sold to them as "MUH" by shonk dealers,
or the army of fly-by-nighters on ebay etc - at 3 or 4 or 5 times the hinged price.
Now we are in an era where dealers are paying
over $25,000 for single MUH Roos, hinged and VFU copies of them look awful good policy, to those who have decided to follow my advice.
But, what would an experienced dealer know - stamp "investors" are always far, far smarter in my experience. Until
it comes time to sell that is.
Glen StephensNotice any mention of hinging or otherwise on this pretty Roo pair from the Royal Collection I sold?