Sunday, January 22, 2017
Calling for Consignments Now!
Why Consign Your Stamps To Us?
You have spent years building your collection. When the time comes to sell, you want to achieve the best possible price for your stamps, regardless of whether your collection is classic stamps, or modern postal history. You need to sell your collection through a dealer who can ensure that your items are treated with the respect that they deserve, are accurately and thoroughly described, and appropriately priced. With our extensive descriptions, our unique grading system and approach to pricing, we believe we can achieve a superior overall result for you, provided that you are willing to wait for your items to be found by the right buyer. It is our experience that while it takes time to find the right buyer for specialized material, there is always a collector out there that is looking for what you have.
Right now we are gearing up to start listing the modern issues from 1960 to present. This is an extremely complex field with numerous paper, gum, and perforation varieties, some of which are very, very scarce. Our posts have yet to be written for this period, but I assure my readers that it is far from uninteresting, once you understand what to look for and once you understand the significance of the varieties.
Most of our competitors continue to treat this material as nothing more than postage, paying collectors anywhere from 50% to 70% of the face value. This is fine if you are in a hurry to sell, and you don't mind receiving much less than you otherwise could. We are confident that even after our commissions, you will easily receive double the amount from us as opposed to other dealers. It will take time, but you can rest assured that you will receive every bit of value that is in your collection.
How Does it Work?
Our approach to consignment is very simple. You send us the items you want us to sell. We will examine all material carefully and will prepare a detailed inventory, which will include the prices we intend to offer your material at. This inventory will be sent to you and after you have reviewed it and indicated that it is accurate, it will serve as your receipt.
We will then list the material in our store. On a quarterly basis, at the end of March, June, September and December, we will send you an updated copy of your inventory, which will show which items sold, how much they sold for, and what our commission was. If you live in Canada, we are required to charge HST/QST/PST on the commission amount. A cheque for the amount of the sales proceeds, less our commission will accompany the inventory.
It's as simple as that. We charge a 35% commission on all consignments - a little more than most auction houses, but the advantage to you is that we break everything down and list more items than an auction house will. Most auctions will not list a stamp as a separate lot if it is expected to sell for less than $50-$100. We will list stamps that sell for as little as $0.99 separately, so that you can be assured of receiving as much value as possible for your collection. However, much more time and effort is required to do this, which is why our commission rate is 35%, and not 15% or 25%.
I'm Interested! What Are My Next Steps?
We are currently interested in all Canadian material from 1932 onward, as we have not yet listed this material ourselves. We will of course, accept material from before 1932. However, it may be several months before we are scheduled to re-list material for that period.
Simply contact us using the Blogger contact form, or send us an e-mail at firstname.lastname@example.org. Let us know what material you are looking to sell in general terms, i.e. "I have a collection of Canadian plate blocks from 1947-1983" for example, and tell us if there is a specific time frame over which you expect it to sell, and what you expect to sell it for. We will then advise you as to whether your time frame and expected selling price is realistic. If you are comfortable with our terms, then the next step is to send it to our address, which we will give you, and once we receive it, we will advise you. Then we will start preparing the inventory immediately and will send it to you once it is complete.
I have been passionate about stamps and postal history since I was 6 years old. I am a Chartered Accountant in good standing with the Ontario Institute. I was until July 2015 a partner of a mid-sized Toronto firm. I left in July 2015 to pursue my passion of full time stamp dealing.