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PostPosted: Sun May 06, 2012 06:42:51 am 
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I let a unique opportunity get away from me the other day, and it will haunt me forever. Has this ever happened to you?

A dealer near me ran an advertisement offering a collection of 102,000 different covers and cut squares. Some deeply focused maniac had tried to obtain postmarks from every post office in the USA. A life’s work. Maybe the life's work of several people. The price: $3,000.(The details are at the bottom of this post).

It was a real collection, arranged by US state, using some catalog – not an accumulation. (again, the details are below).

Plus, the collection was from the 1960s, so plenty of those cancels were from Post Offices now long gone.

Plus, the collection was so heavy that the seller required the buyer to pick it up – and the seller lives in my city and I’d been to his store! No competition from California or Hong Kong.

Plus, I had been thinking about starting a postmark collection for just my US state, Illinois – and last year had purchased a book evaluating Illinois cancels from R to RRRR.

I decided not to buy the collection, but it preyed on my mind for weeks. After a month, I called to ask if they sold it. The dealer’s son told me:

“We just loaded it in the buyer’s car now. It’s not a secret – the Postmark Collector’s Club bought it for their archives. They’re driving back to Ohio tonight. We almost couldn’t fit all the boxes in the trunk and back seat.â€

Why didn’t I buy it? Because I did not know anything about postmark collecting. I’d never done it. I might not like it. Postmark collecting was just an idea. I don't even collect USA.

Why didn’t I buy it? Haven’t you started a dozen collections in your imagination which seemed stupid later on. (I won’t give an example for fear of offending you, or collectors of...uh...Mr. ZIP blocks of four).

Why didn’t I buy it? Because who drops $3,000 on something he or she knows nothing about? What if postmarks were boring? What if it was worth only $1,500? You know, "knowledge is power," and all that stuff.

Why didn't I buy it. Because I knew I'd never get around to examining it and I'd just be keeping the collection from someone who would - right up to the day I died. I'm serious! I had an altruistic thought.

Why didn’t I buy it? I never spent $3,000 on a stamp purchase in my life. That money could buy a few mortgage payments.

I should have bought it. And now I will never be happy again.

Here is the advertisement:

LOT 296 UNITED STATES - POSTMARK COLLECTION This collection is a bit difficult to describe but I’ll do my best. There are approximately 31,000 town cancels first or last day post cards, 31,000 commercial mail, and 40,000 2 x 4 inch cuts with slogans/machine cancels. All of these are organized by state and were put together in the 50s and 60s. The collectors goal was to obtain postmarks from every post office in every state based on Howard Thompson Willet. There are over 102,000 total pieces in this collection. Someone in the Postmark Collectors club will probably fall in love with this collection. In store pickup only due to the weight of this collection. Net $2995.

http://www.drbobfriedmanstamps.com/down ... d-sons.pdf

The ad is still up today, anyway.

My postmark catalog was: "United States Post Offices, Vol. III - The Upper Midwest" by Richard Helbock. (in print, I think).

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PostPosted: Sun May 06, 2012 07:05:04 am 
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I was online for our Birthday Number 5!
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maturin,

To make you feel better, there will always be other missed opportunities.
The pain will eventually subside and or be taken over by another regret. :)

Did you get a chance to see the collection?


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PostPosted: Sun May 06, 2012 07:37:15 am 
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I think if I had seen it, I would have been unable to resist it. Or come to my senses, after appreciating its overwhelming hugeness compared to my time and space. Now, I will never know!

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PostPosted: Sun May 06, 2012 20:09:29 pm 
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I was online for Post Number 3 MILLION!
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Oh, Maturin, how I can sympathise with you! :(

How many times have all of us had an opportunity to buy something (and it doesn't have to be stamps either!) that we really liked or wanted. Then we hummed and hahhed over it and then when you finally decide yeah might as well....somebody else has beaten you to it!...just like what happened to you!

I don't think I would have been prepared to spend quite that much money on something, but now? If it's something I need (especially with stamps!) and it's in my price range, I just get it! Who knows when the chance will come along again!

I fear that in your case, that opportunity will never come along again though. Not many people collect that immense type of collection....now there's a project for you to start!!!

As AMark said, the pain will subside and or be taken over by another regret!
That is entirely the nature of stamp collecting! The could've/should've syndrome! I can't think of how many times I've said THAT in the past!

Good luck and try not to loose too much sleep over a done deal!

:lol: :lol: Besides, if you're going to start a collection like that one, you'll need all the sleep now, that you can get :lol: :lol:

Anne

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PostPosted: Sun May 06, 2012 20:31:12 pm 
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I know how you feel. I've missed out on a few (albeit smaller) lots on ebay at times, and wish I had just put a little bit more on my bid.

Cheer up Charlie, look on the bright side: That's $3000 you've "got" to spend on another lot :mrgreen:

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PostPosted: Sun May 06, 2012 21:18:52 pm 
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I think you were probably right -- most likely you'd have found you really wouldn't have done anything with it, and it was so large it might have ended up gathering dust (or worse, mould) when it had to be stuffed somewhere out of the way. At least with the postmark club it's going to get referred to.

I mean, on a lower level yeah, this sort of thing can be a pain -- I'm regretting not scooping up more than one lot of a postal stationery postcard collection that was recently sold because of worries about my budget -- but then I already collect those. In your case, passing on it was probably the better decision.


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PostPosted: Sun May 06, 2012 21:25:09 pm 
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I was online for our Birthday Number 5!
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You may think you lost this time but don't be discouraged. It's difficult to know whether something is a bargain or not and if you aren't 100% sure, it's better to hold off than get your fingers burnt.

But one thing is for sure, there's a bargain out there somewhere just waiting for you to be the one to grab it :idea:

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PostPosted: Sun May 06, 2012 22:48:30 pm 
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Lakatoi 4 wrote:
But one thing is for sure, there's a bargain out there somewhere just waiting for you to be the one to grab it :idea:


So long as I don't get it first... :mrgreen:

Nah, don't worry, I won't be that naughty!

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PostPosted: Sun May 06, 2012 22:54:01 pm 
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I was online for Post Number 3 MILLION!
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My major regret is not buying a great deal more material from Australia when the exchange rate was A$2.80 = £1.

It's not much over $1.50 now......

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PostPosted: Sun May 06, 2012 23:28:06 pm 
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Under 3 cents apiece and you needed to THINK about it ................ ??!!

It more costs than 15 times that (45c) just to POST a cover in the USA!

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PostPosted: Sun May 06, 2012 23:43:08 pm 
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I was online for our Birthday Number 5!
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The Pom wrote:
My major regret is not buying a great deal more material from Australia when the exchange rate was A$2.80 = £1.

It's not much over $1.50 now......


On the other side of the coin it's certainly far better for us to buy from overseas right now compared to back then. That situation will reverse again I suppose but it will take at least a decade or more IMO.


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PostPosted: Sun May 06, 2012 23:54:01 pm 
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I just remembered something in particular. It was a blue leather Great Britain Album, specialised, hingeless, with pages and pages. No stamps, but for what it was and the info in there alone, $15 was terrific. Pretty much as-new condition too, the dealer was just getting rid of stock and having a clean-out.

Nice colour blue too :cry:

And why didn't I buy it? Partly, I suppose, I wasn't sure if I would get in to specialised Britain from the Penny Black era up until the Wars. But, thinking back now, I sure would if I could hop in my Delorean, go back in time, and buy it!

And back then I was about 15 and jobless, with my only income from birthdays and Christmas. Remember those days? :wink:

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PostPosted: Mon May 07, 2012 02:10:49 am 
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CATWEAZLE----If your going back in your Delorean can I ride with you back to 1998 to the time before E-BAY stamp sales started.Back when Gregg Manning Auctions were selling many dealer back room lots and nobody was bidding on all the "dealer back room lots" because of physical weight and nobody wanted to move these huge bulk lots .------They went cheap !


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PostPosted: Mon May 07, 2012 02:16:09 am 
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The vast majority of philatelic regrets I have are things I didn't buy as oposed to things I did.

I remember about 8 years ago, a collection of Sweden being offered on eBay. It was $4,000 or $5,000; I don't recall the exact price. That amount was beyond my abilities at the time, but I could have pushed, but didn't. What sticks in my mind to this day, was that it was post office fresh mint, going back to the first issues of 1855.

Bright white with vibrant color... I've never seen its like since, and probably never will again.

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PostPosted: Mon May 07, 2012 22:12:07 pm 
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I was online for Post Number 3 MILLION!
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:cry: :cry: Do we ever learn?

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PostPosted: Mon May 07, 2012 22:18:39 pm 
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I would agree with Mozzerb ... you did the right thing in not buying it.


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PostPosted: Tue May 08, 2012 15:03:30 pm 
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Maturin, you probably want to read this discussion:

viewtopic.php?f=29&t=37062&p=2748588#p2748588

Greg


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PostPosted: Tue May 08, 2012 17:15:10 pm 
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Where's that thread about the poor soul who bought 100,000 modern peel n stick covers at an auction (after the auctioneer couldn't get a bid at $100 and kept dropping the price to $10 :!:) in Oz, then was making multiple trips in their car to take it all home. That might lift the spirits of the OP so they won't feel they let "the big one" get away. :mrgreen:

There's also the story of the auction in Finland that offered, as a single lot, 25,000kg of covers

http://stampboards.com/viewtopic.php?f=13&t=21214

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PostPosted: Mon May 14, 2012 14:14:00 pm 
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The first thing I remember are the many 1948 Mahatma Gandhi sets that I was offered in the last 4-5 years, for prices ranging from $150-$200, most of them in mint unhinged condition. I was never inclined in any of these offers except for 2 or 3 occasions.

A couple of years back, I was offered half a dozen sets for $1000, 3 of these were unhinged and the other 3 lightly hinged, I declined. Today, each MUH set sells for $500 or more and a lightly hinged mint set sells for $300-$350. And not many who own these sets actually sell these nowadays, they just sit on them :)

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PostPosted: Wed May 16, 2012 07:25:59 am 
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How about a mint, unhinged, well-centred block of the 50 cent Bluenose for $40? That's one I missed.


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PostPosted: Mon May 21, 2012 22:41:21 pm 
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I missed a really nice 90% complete MNH switzerland lot really cheap. :cry:


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PostPosted: Mon May 21, 2012 22:50:17 pm 
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Just heard a dealer sold a $50 Penny black last Saturday. If only I had been a little quicker! (Ok, maybe not the best condition, but hey - it is what it is, in a sense)

...I mean, it was what it was :(

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PostPosted: Tue May 22, 2012 10:54:07 am 
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And for the record, I've never found Dr. Bob's material to be that competitively priced. What part of Chicago are you in Maturin ?

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PostPosted: Tue May 22, 2012 11:48:00 am 
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stallzer wrote:
And for the record, I've never found Dr. Bob's material to be that competitively priced. What part of Chicago are you in Maturin?


But...but...Dr. Bob says in every ad that his collections: "are sold at WHOLESALE PRICES - UNDOUBTEDLY THE BEST BARGAINS IN THE STAMP INDUSTRY." [emphasis Dr. Bob's, not mine]

Stallzer, are you trying to blow my mind? :o :o :o

Still, nothing like that collection is going to pass my way ever again.

Since you ask, I live in western Chicagoland, a/k/a America's leafiest suburbs.

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PostPosted: Tue May 22, 2012 11:55:46 am 
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Wheaton direction west ? or closer like Oak Park / River Forest ?

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PostPosted: Tue May 22, 2012 18:17:15 pm 
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maturin wrote:
But...but...Dr. Bob says in every ad that his collections: "are sold at WHOLESALE PRICES - UNDOUBTEDLY THE BEST BARGAINS IN THE STAMP INDUSTRY." [emphasis Dr. Bob's, not mine]

Thus I always chuckle when I see their buy ads in Linn's...if they promote the fact that they sell material at low prices, that must mean their buy prices will be low, so who's going to want to sell to them? :?: With the multi-page ads they take out, that can't be cheap marketing.

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