SMQ - Professional Stamp Experts

SMQ

Current Market Values for PSE-Graded Stamps

Spring, 2018

Vol. 15 No. 3

US#1 to Back of Book

SMQ

Spring 2018

Vol. 15, No. 3

The Stamp Market Quarterly Stamp Market Values

A Price Guide for PSE-Graded Stamps Produced four times per year by Professional Stamp Experts, Inc.

The estimated values in the SMQ and SMV are meant to be a buying guide for you. They represent the average dealer asking prices known to us, i.e. what a knowledgeable dealer would probably charge you for a stamp.

The prices listed herein are for PSE-graded stamps. Stamps graded by other third-party services may not be worth as much as PSEgraded stamps. And of course stamps that have not been expertized and graded by a third-party service can vary widely in quality and value. If a dealer or another expertizing service has graded a particular stamp "XF", this does not mean that it is worth the XF price shown in this guide.

The SMQ/SMV are produced four times per year, printed twice a year in winter and summer and available on-line as an e-zine in Spring and Fall. Also available on line as prices change, at .

Most of the stamps listed in this guide are priced for several of the grades in the PSE grading system. These range from Average-50 to Superb-98. For mint stamps, the assigned grade in the PSE system is independent of the stamp's gum condition and the gum condition is added to the assigned grade as a modifier. This guide contains prices for four of PSE's gum conditions, namely NH (never hinged), OGph (original gum, previously hinged), NG (no original gum), and NGAI (no gum as originally issued).

PSE does not attempt to make a market for graded stamps nor attempt to establish their value. The SMQ is an attempt to collect and report the prices seen in the market place for graded

stamps, through online sales, auctions and what private sales we receive information on.

We make an effort to keep prices up-to-date and accurate. However, we make no guarantee or representation as to the accuracy of prices listed in the Stamp Market Quarterly. Also note that PSE offers only an opinion as to a stamp's authenticity, attribution and grade. PSE does not guarantee this opinion in any way. You buy and sell stamps at your own risk.

"The Scott Numbers are the copyrighted property of Amos Press, Inc., dba Scott -Publishing Co. and are used here under a licensing agreement with Scott. The marks Scott and Scott's are registered in the U.S. Patent and Trademark Office and are trademarks of Amos Press, Inc. dba Scott Publishing Co. No use may be made of these marks or of -material in this publication, which is reprinted from a copyrighted publication of Amos Press, Inc., -without the express written permission of Amos Press, Inc., dba Scott Publishing Co., Sidney Ohio 45365."

For Advertising rates and dates contact Caj Brejtfus, caj@ Or call (702) 776-6522.

Professional Stamp Experts P.O. Box 539053-9309 ? Henderson, Nevada, 89053-9309

Tel: (702) 776-6522

Website: ? email: caj@

Entire contents ?2018 by Professional Stamp Experts, Inc.

Our appreciation and gratitude goes to the many people that have provided

information, content and ideas that were instrumental to the development of this guide. Being up-to-date and current on nationwide sales (both public and private) is a daunting task and we appreciate the help of these individuals. Thank you for your support and input to PSE.

This issue has seen a thorough review of pricing as the market has become more active in quality material. The prices in this guide reflect up-to-date purchases and sales over the last few months.

Additional appreciation goes to the following members of the PSE Expertizing

Committee who have worked so hard on making the PSE opinions accurate and useful. Without their input and expertise PSE would not exist as it does now.

Scott Murphy - US Bill Crowe ? US and Foreign Rex Bishop ? US and Foreign Caj Brejtfus ? US 1851-1859 issues Bob Dumaine ? US Ducks Brian Metz - US Don Medcalf - Hawaii Dick Celler ? US Classics Don Tocher - US Classics Kelleher & Rogers Auctions - China Eric Jackson ? US & Canada Revenues Glen Tjia - China Howard Wolk ? China John Hotchner ? US Errors Kirk Wolford ? Postal Stationery

Lothar Vallot ? Germany Larry Bustillo ? US Errors Lloyd Pettri ? British Commonwealth Patricia Kaufmann - CSA Richard Champagne ? US Classics Richard Bates- US Possessions Richard Drews ? US Classics Ron Lesher ? US Revenues Stan Iceland ? US Revenues & Hawaii Steve Pattillo - US Steve Rosen ? US Classics Stanley M. Piller ? US Classics Tom Jacks ? US Booklets

About the cover:

US #C11 in grade of 100J was found at a garage sale.

We discuss this fantastic stamp in an Story reprinted from the news letter 100J. A fascinating piece on "The window of opportunity".

For those not aware of the newsletter, may I say that Not subscribing to the 100J newsletter is its own punishment.

ENOUGH SAID

Scott Murphy

Have you seen our new website yet? Easier to navigate and better access to the SMQ Data Base and Population reports as well as online submission forms and contact information.

The SMQ has always been an antiquated way of giving information in the computer age especially given that changes occur monthly and sometimes daily. With the continued movement of stamp prices from the fall in 2008 to record highs in many issues today ? as well as the incredible increases seen on quality graded material, a printed book will most likely never again be the most effective way to see what your stamps are worth.

Given our continued goal to keep you informed on all up-to-date changes in both pricing and population statistics, we have revamped the web site. Over the next few months we will be working on making it more iPhone friendly. In the past, when you pulled up the pricing page on your phone, the text would not fit the screen and you would have to scroll over to see all the numbers. The marvelous thing about technology is that whenever there is a problem, there eventually comes a solution. The solution may take a while to get implemented (sorry for that delay) but in the end you will be getting better and faster information.

Have you seen our PSE NATION posts yet?

We are hitting social media with tips and tricks for stamp collecting and expertizing. They are all on our Facebook Page: Professional Stamp Experts. Keep an eye out for them and tell us what you think. if you have any suggestions please feel free to email me at BluePaper@.

By the way, I think I have told this before but are you aware of the BluePaper@ email service?

We get many stamps that should not have been submitted. Don't get us wrong, we are a for profit company but we really hate charging people who are simply new to stamp collecting and think they have a valuable stamp only to waste $30 on a submission to find out that it is a 25 cent stamp. We established BluePaper@ for people to send us pictures of their stamps so we can advise them on what not to submit. One of our first PSE NATION posts was this one:

The US#596 was a particularly bad stamp as about 2 years ago an online phishing post showed a 1 cent Franklin (of which there were over a billion printed in all its varieties) with the caption "This stamp will buy you a house".

As you can imagine, we were flooded with US #552s and #632s. Every person who had an old postcard from their grandmothers trip to Coney Island thought they had won the lottery. The lucky ones found a bunch of them and said "How can this stamp be so valuable and I have 20 of them". They were indeed the lucky ones because if you just found one, your thought turned to planning for a new house.

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