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.
Note: Some of the pictures are from my recently purchased collection, others from eBay and Stamp Circuit.
In the images below the reprints are to the left, the originals to the right.
Scott’s #34 Order of Ri Sun Sin
Scott’s 35 Hero Kim Ki Ok
Scott’s 46 Victory Propaganda
Scott’s #53 Day of Anti-U.S. Imperialist Struggle
Scott’s #54 North Korean-Chinese Friendship
Scott’s #57 International Youth
Scott’s #58 Soldier in Battle
Scott’s 59 Soldier and Flag
Scott’s 60 Woman with Flag
Scott’s 62 Worker
Scott’s 63 Workers Marching
Scott’s 65 Battle
Scott’s 66 4th World Festival of Youth and Students
Scott’s 70 5th Anniversary, Founding of DPRK
Scott’s 71 Liberation Monument
Scott’s 72 Worker and Crane
Scott’s 73 Korean People’s Army, 6th Anniversary
Scott’s 74 International Women’s Day
Scott’s 75 Labor Day
Scott’s 79 Liberation from Japan, 9th Anniversary
Scott’s 80 North Korean Flag
Scott’s 86 International Women’s Day
Scott’s 86b Labor Day
Scott’s 86b Labor Day
Scott’s 87 Admiral Ri Sun Sin
Scott’s 88 Admiral Ri Sun Sin
Scott’s 90 Labor Law, 9th Anniversary
Scott’s 94 Korea-USSR Friendship Month
Scott’s 95 Liberation from Japan, 10th Anniversary
Scott’s 96 Liberation from Japan, 10th Anniversary
Scott’s 98 People’s Army, 8th Anniversary
Scott’s 99 May Day
Question to the readers:
What is causing the collectors around the world to panic and dump their precious lifelong collection on eBay?
Do these articles (DPRK Reprint part 1 and 2) help in purchase decision making?