Is the current market condition a buyer’s market or seller’s market? The price one pays for a stamp or stamps depends on the condition and rarity. Also, supply and demand dictate current prices in the market place. The current condition of the market is a buyer’s market. The flood of North Korean stamps which started at the beginning of the year is continuing to this day.
On eBay, sellers from the UK, the Netherlands, Russia, Spain, France, Australia and the US are dumping enormous amounts of early North Korea stamps every day. The (winning) prices have fallen drastically and most of the items are being sold around 30 percent of Scott’s Catalogue listed values.