Join us with our latest results from our stamp submission to PSE for grading. As you’ll see, graded stamps can dramatically increase the value of stamps, and make them a more sound investment opportunity.

Video Transcript

What’s up everybody, it’s Ryan with West Coast Stamp Company. I am looking at some graded stamps that I sent in to PSE. I want to see what they graded as. Grading is a system that’s based on how well a stamp is centered and its soundness. and it could really affect the value of a stamp in either direction.

So I am going to look at what I submitted to PSE and take a look to see how they graded. So I am on the PSE website and I want to check out my latest submission that’s been completed. I’ll click here. And here we have a list of the stamps that I sent in. Let’s take a look at these.

Fake Scott #319 Coil

First one is a 319. Unfortunately, I was hoping this was going to be the really expensive two cent coil. The stamp is so rare it’s worth a million dollars. This came back as a Altered stamp, that says, is genuine, unused, OG, hinged, original gum, vertical pair from a booklet with a natural straight edge at the left. That’s over here, and the perforations trimmed at the right.

It was pretty common to fake these coils, they would get, uh, booklet paint examples that had a nice natural straight edge. And then from the opposite side to make it look like one of the more rare coil varieties of the issue. So no luck on this one. Hopefully we have some better luck on some of these others.

A Superb Scott #C28

All right, the next one is a C28. Looks like we’ve got a grade of 98 on this guy. That is nicely centered. You can see that the margins are very even. Superb 98. That’s a great score. A hundred is better. But we’ll take a 98. Let’s see on the PSE SMQ website how much this stamp is actually worth. We can see at a grade of 98 that it is worth 175 SMQ value.

I find that I can usually get around 80 percent SMQ. Maybe 70 to 80, depending on what it is. Obviously, some issues can go all the way up to the full value. Others could be well below that, like graded and perforate stamps. So we’ll take 175 on this one. All right. What’s next? Next, we’ve got E7 graded 90 again, never hinged.

Special Delivery Beauties

So let’s take a look at this E7. This is a popular issue. I sell a lot of these in my Facebook group, and they usually sell at a better percentage of catalog value than a lot of the other special delivery stamps for some reason. I think E1 and E2 are a little bit overvalued in Scott’s catalog. Here is a grade 90, well balanced margins on this one sound, and never hinged.

Let’s take a look at the SMQ value for the E7. Graded 90. Never hinged. Okay, 250 for that one. Not a bad price. All right, next on the list. Let’s see. We’ve got a E8 right after the E7. This one got a 90J. So again, J stands for jumbo. That means that the stamp has larger than normal margins on all sides. This case it is extremely fine centered.

Let’s check the SMQ value for that. E8, 90J, 170. Wow, if this stamp was never hinged, it would be looking at 850. That’s quite a multiple step up from the 170. That’s amazing. Okay, next on the list, what do we got? We’ve got E9. So we had 7, 8, 9, and also previously hinged with a grade of 90. Extremely fine on this one.

Again, nice well centered sound stamp in a grade of 90, previously hinged. We’re looking at a 275 SMQ value. So that’s pretty good on that one. Again, you can look at the very fine, which is more closely related to the Scott catalog value, a grade of 80. And then you can see how that really increases the more centered the stamp is in this case, going from 180 to 275 from very fine to extremely fine.

All right. Up next, we’ve got a E14. All right, this one, this one got a 98, uh, grade on it. That is awesome. Let’s see what it looks like here. So this is a pretty common stamp. It’s newer in terms of its age. So like 1925, that’s going kind of up there on the newer side of, of the special delivery stamps. So 98 on this one, never hinged, well centered stamp, almost perfect.

Let’s check out the SMQ for the E14. Again, this is generally a worthless stamp, but at a grade of 98, it has an SMQ of 125, so that takes pretty much a worthless stamp and makes it worth over 100 just because it’s so well centered. I love looking in albums for these more common stamps to find real choice examples of them.

Faulty Scott #F1

Alright, what’s next on the list? Next we’ve got a F1. Uh oh. This one says ungraded. That’s bad. That usually means that there was something wrong with the stamp. It’s not sound. So let’s take a look. This F1, unfortunately, is reperfed on three of the four sides, which is crazy. You can see that it looks nice and well centered.

That’s why I submitted it. I did have a feeling this one might not be sound because it does have very small margins. So unfortunately with the faults of being re perforated, this stamp is not graded. Alright, what’s next? J55A, 95. Let’s take a look. So, this one got a 95. It’s a nice looking stamp, very well centered, sound, and previously hinged.

A Few More Back-Of-Book Issues

Let’s take a look at the J55A in grade 95. So, that one, that one surprisingly has no value for the grade of 95. You can see what the 90 grade is, 85. This usually means that there’s just not enough sales data for PSE to include a value here. I would probably reference maybe the Scott Catalog to see if there is a extremely fine to superb value for this stamp.

If not, then I’ll usually see what the multiple is in terms of how much more value the 90 is to the 85. I’ve. And then maybe apply that percentage to the 90 to get an average value or, or look in this case at the 90 to 95 for, for never hinged and then apply the same value to that. All right, next on the list is an 0123.

This is the 1 postal savings official. This was nicely centered, so I submitted it. Came back as sound in a grade of 90. Let’s check out the SMQ value on this one. And we’ve got 90. Wow. This one is worth $400. It goes from 200 at a grade 80. Very fine. Up to 400 for a grade of, uh, 90. All right. Next on the list we have a Q 10.

Q 10. Also previously hinged. This one looks like it is wealth centered. It is graded a 90. So it’s extremely fine and sound. Let’s take a look at the SMQ value for Q10. Q10 in the grade of 90 hinged. That one’s 365. Also pretty good value going up from 235 from the hinged value. Let’s take a look now at our last one.

Okay, our last one is a Q11, also ungraded. Okay, let’s see what happened here on the 75 cent parcel post. Okay, so this one’s saying that it’s re perforated at the top and re perforated at the right. Now, sometimes I don’t necessarily agree with how the certificate comes back. I’ve had a couple instances where I felt that it was not a re perfed side and I submitted it to a different expertizing service and they were in agreement that it was not re perfed.

Getting A Second Opinion

It doesn’t hurt sometimes to get a second opinion, especially if it’s gonna be a super valuable stamp or you can’t really take a look at what they had said the fault was and confirm it yourself. So in this case, it did not get a grade. That’s it for today. Looking at everything that I submitted to PSD. I have a couple other orders that were also submitted the same day.

Some also submitted in June and those obviously are not ready to look at yet. So I’ll keep doing these videos if you guys think that they’re interesting. Let’s take a look to see what our total value is. 1, 845. Not too bad. Make sure to subscribe to see more stamp collecting videos, just like this.