Compiled by the staff of Linn’s Stamp News
Prices for United States stamps in the grade of fine-very fine, the general grade used with this index, moved downward slightly with a decrease in two indexes and a small increase in another.
Linn’s U.S. Stamp Market Composite Index decreased to 686.8 from its 689.5 level in October. Some of the changes continue to reflect value updates made in the 2014 Scott Specialized Catalogue of U.S. Stamps and Covers.
The index is down 1.8 percent from the October 2013 level. These indexes are primarily based on the values of fine-very fine stamps, while Scott catalog values are based on VF stamps. When you buy, use the illustrated guide to stamp grading included in the introduction to the Scott catalog.
Prices for 19th-century U.S. stamps decreased by 0.3 percent, with slight value declines noted for Scott 1. Nineteenth-century stamps have decreased by 1.9 percent from the level of January 2013.
Twentieth-century stamp prices went down 0.8 percent, with a drop in value noted for a couple stamps. Twentieth-century stamps have shown a 2.8 percent decrease over the past 12 months.
Interest in early airmail issues continues, as airmail stamp values posted an increase of 0.8 percent in January. Airmail prices are up 2.7 percent from last year.
Any collector satisfied with average centering or slightly faulty stamps should be able to buy them at substantial reductions from Scott catalog levels for sound VF stamps. For accurately described and graded stamps, collectors should expect to pay a substantial percentage of Scott value for F-VF centering, about 70 percent to 85 percent of Scott value (less for most modern issues), and full Scott retail value for VF centering. Collectors desiring superbly centered stamps in sound condition — mint or used — should expect to pay, in some cases, a substantial multiple of Scott value. The Scott Stamp Values U.S. Specialized by Grade,which is published in the Scott Specialized Catalogue of United States Stamps and Covers, provides guidance.
The specific movement of prices in the component index groups in January was as follows: 19th-century stamps decreased 0.3 percent, moving from 964.3 to 961.1; 20th-century stamps decreased 0.8 percent, from 588.5 to 583.6; and airmails increased 0.7 percent, from 341.8 to 344.3. The three component charts have separate scales.
These averages are based on current retail prices for component stamps (shown by Scott numbers in the inset for each chart) in the condition in which they are most commonly bought and sold.
Collectors should always remember that average or defective stamps will invariably sell for less, and extremely fine or better stamps will sell for more. The trend line for these stamps might vary greatly from that shown in Linn’s U.S. Stamp Market Index.
Linn’s U.S. Stamp Market Index is normally published quarterly and represents a weighted average of three different component groups.
Each group reflects the average change in prices for each of its component stamps or sets. The component stamps in each group — 19th century, 20th century and airmails — were chosen based on their popularity and available pricing information. Some singles and sets not represented in each group invariably perform better or poorer on average.
blogEleanor Roosevelt said, “Great minds share ideas …,” and Linn’s is fortunate to have thoughtful leaders of the stamp hobby on its Editorial Advisory Board. Board members participated in a lively discussion of “The State of the Stamp Hobby” Aug. 21 at the American Philatelic Society Stampshow in Grand Rapids, Mich. Read More ›
August 19, 2015 01:58 PMIn an unusual development for our hobby, the Office of Inspector General of the United States Postal Service is blogging about stamp collecting. Read More ›
August 17, 2015 12:19 AMFrom 1967 to 2006, Royal Mail (Great Britain’s post office) advertised all new issues with posters displayed in post offices. Most of these posters had pictures of the stamps along with basic information such as the date of issue, instructions for first-day covers, etc. Some were a little more elaborate. Read More ›
August 14, 2015 09:46 AMWill the United States Postal Service issue a Christmas stamp this year to celebrate the 50th anniversary of the classic television musical special A Charlie Brown Christmas? Read More ›
Watch as Linn’s associate editor Michael Baadke discusses happenings at the recent APS Stampshow from the show floor.
Watch as Linn's/Scott editorial director Donna Houseman discusses the early release of the new U.S. Elvis stamp, the possibility of a Peanuts stamp and Linn's at the upcoming APS Stampshow.
Watch as Linn’s Stamp News managing editor Chad Snee discusses highlights of Robert A. Siegel Auction Rarities Week sales in late June, and reports that the 49¢ price for a first-class United States stamp will remain in effect until April.
Watch as Linn’s senior editor Denise McCarty discusses the hiring of a new executive director of the American Philatelic Society, the new Linn’s Editorial Advisory Board and the upcoming APS Stampshow.
It is always a treat to get to see stamp dealers’ own collections.
In the recently concluded Linn’s United States Stamp Popularity Poll, the Circus Posters set of eight stamps was chosen as the overall favorite issue of 2014.
Dispersal of the splendid Daniel B. Curtis collection continued March 25, with Robert A. Siegel Auction Galleries gaveling items from United States back-of-the-book and possessions.
The 175th anniversary of the first postage stamp, Great Britain's Penny Black, is May 6, but the stamp was placed on sale May 1, 1840, for mailers to use beginning on May 6, the designated issue date.