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Intermediate2-3 weeks

Philatelic Valuation Guide

Complete guide for philatelic valuation — step-by-step workflow, tools, checklist, and expert tips to get started.

investorsestate handlers

Workflow

  1. Look Up Scott or Gibbons Catalog Values

    2 hours

    Identify each stamp by catalog number and note mint and used catalog values.

  2. Grade Condition Against Standard

    2 hours

    Assess centering, perforations, gum, cancellation, and faults for each stamp.

  3. Research Actual Market Prices

    2 hours

    Check eBay sold listings, StampAuctionNetwork, and dealer pricelists for realistic values.

Tools Used

Checklist

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Research

Evaluation

Documentation

Compliance

Maintenance

Reference Materials

Condition Value FactorsTable

Multipliers applied to catalog value by grade.

GradeFactorDescription
Superb mint NH1.5–2.0×Perfect centering, fresh gum
Fine mint NH1.0×Catalog baseline
Fine used0.20–0.30×Light cancel, intact perf
Damaged0.05–0.10×Tears, thins, heavy cancel
Market Value EstimateFormula

Estimated value = catalog value × condition factor × market discount (typically 0.3–0.5 for common material).

Expertizing StandardStandard

Stamps cataloging above $500 should be expertized (certified) before sale — fakes and repairs are common.

  • Sold Listings Only

    eBay asking prices mean nothing — filter by completed/sold listings for real market data.

  • Expertizing Pays

    A $50 expertizing fee on a $500 stamp prevents selling a fake for $500 or buying one.

  • Estate Tax

    Stamp collections in estates may require professional appraisal — IRS Form 8283 for donations over $5,000.

Safety Notes

  • High-value collections require secure storage — home safes rated for documents, not just cash.
  • Do not ship valuable stamps without insurance and tracking — registered mail minimum for items over $100.