Hello, I was browsing an auction site today and found this.
Listed for opening bid at 5c (US) with a comment that the Scott listed price was 20c. This had me thinking about something to write about. The Cat listed value for these stamps is really just a "price to cover a cost" in my view. Any price at 20c means - as I say, in my view - there is really no value to the stamp. I have no idea how many were printed but you can expect many millions and everyone has one or a hundred!! I have over 200 in my stock album (and many more in unsorted boxes) and one day maybe I will even study them. One day eh!! Basic SG price listed in the 2009 simplified catalogue lists the 1 centre band at 35p and the 1 side band at 70p but I really think these are, lets say, exaggerated, and at best, for very fine used.
So my commentary here is that this and many, many, many other Machins that you might see listed individually at auction should not be purchased for 5c but in bulk lots at less than $0.1c or less per stamp. That is not to acknowledge that there are many Machins with good catalogue value, but you have to know exactly what it is you are looking at and thinking of buying.
Here is a scan of two stamps I picked from my stock.
Yes they look different because they are. This 11½p stamp issued in 1981 had a few printings, or varieties you may say. I won't bore you with details as I am sure I do not know all there is to know since I am not anywhere near an expert in Machins but you will find they were mostly issued with one centre phosphor band on fluorescent coated paper with PVAD gum (stamp on right). There was also one centre band at left(stamp on left), and one centre band at right, both from 50p booklet panes, and from different value booklet panes at that!
Oh yes, and there was a coil issue with one centre band. How do you tell the difference. Beats me :-)
Best wishes and happy new year. May stamp collecting in 2010 give you enormous enjoyment.