Your inventory of stamps has likely resulted from years of research and a dedication to finding unique pieces. As a result, when you’re ready to sell stamp collections, you want that hard work to pay off in the form of high prices. When the residents of the Cincinnati, OH, area want to part with their stamps, they rely on Randy Scholl Stamp Company to provide them with guidance and accurate appraisals. Based on their more than 70 years of experience, the team shares three facts you should be aware of when you’re planning to sell.

What to Consider Before You Sell Stamp Collections

1. Store Your Stamps Correctly

The way in which the stamps were stored contributes to their overall value. Keep them in a dry, climate-controlled place. They’ll be worth more than those that have endured temperature fluctuations and humidity because they’re in better condition. You could also keep the stamps in a safe. In addition, handle them as infrequently as possible, and keep them in a protective sleeve.

2. Get a Professional Evaluation

Find a professional stamp evaluator who is a member of the American Stamp Dealers Association (ASDA). This organization has a specific Code of Conduct that addresses how stamps should be valued according to their quality and market price. You may be able to get the appraisal for free if you end up selling your stamps through the business that evaluates them. Some of the factors the appraiser will consider when calculating the overall value of the collection are the replacement, retail, and catalogue values.

3. Determine Where to Sell Them

There are a variety of places to sell stamp collections. If you’re going with a stamp dealer, a collectible store, or an auction house, get an itemized receipt with photos of the stamps, and agree on a minimum price for the collection. If you’re planning to sell your collection at a show, you will, hopefully, field several offers and can negotiate to receive the highest price. 

Are you looking for a reputable place to sell stamp collections? Randy Scholl Stamp Company has been in business since the 1940’s. Their experienced team will not only appraise your stamp collection and travel to view it, but they’ll also purchase it for cash. Give them a call at (513) 624-6800, or visit them online for more tips.