most important stamp transaction in a collector's life. It's a task for which few sellers are prepared, one usually approached with trepidation rather than anticipation. Yet it need not be that way. What follows is a journey through the process of selling as seen from the stamp dealer's perspective. The idea is to remove some of the mystery surrounding selling and give you a better idea of how to approach the task.

At first glance, it would appear that the stamp dealer has all the advantages: knowledge, experience, and skill. He buys and sells stamps every day and knows the market intimately. The seller would seem to be at a tremendous disadvantage. He enters the arena with trepidation, sure that the wily dealer will get the best of the deal. In reality, the seller too has as much going for him; he just isn't aware of it.

There's no reason why the seller shouldn't come to the bargaining table informed. After all, any dealer will tell you that it's easier to do business with someone who knows what he's got and understands the market than with someone who has no idea of what he has. The informed seller is able to recognize a fair offer and act on it. The uninformed seller thrashes around in the dark closet of doubt and indecision, never quite sure if he should accept an offer or not.

I felt that it would be helpful to put you, the potential seller, behind the counter with me. By sharing my experiences, you will gain a better understanding of what is involved in the selling transaction.
I have traveled countless thousands of miles, looked at  and bought thousands of collections. 

So come along, watch over my shoulder, and see what it's all about. You'll meet some characters.You'll learn how a dealer values a collection, what appeals to him and what doesn't, and hopefully you'll come away with knowledge that you can utilize in your quest to get top dollar for your stamps. And I hope that you'll have a good time doing it!

Foreword
 

The title of this book, Top Dollar Paid!, was not chosen by accident. It is, without doubt, the most overworked cliché in the stamp trade. Top dollar offers scream from headlines atop buying ads which, if neon, would flash: Top Cash Prices Paid!, Top $$$$, Best Prices Paid!, The Higher Buyer!, We Will Not Be Outbid!, All Offers Topped!, We Buy It All!, Immediate Cash!, One of America's Largest Buyers!, One of the World's Largest Buyers!, Why Take Less? There seems to be no limit to the creative headlines. But regardless of the phrasing, the message is the same: "We want your stamps!"

Trite as they may sound, the insistent entreaties point out an important element of the stamp industry: dealers must buy stamp collections in order to maintain their stocks. Unlike other retailers, stamp dealers cannot pick up the telephone and order more from the factory when they run low on inventory. That fact of economic life creates a highly competitive market and assures sellers that they will get top dollar if they approach the business of selling knowledgeably. And that's what this book is all about!

Stamp collections are formed over a period of years, the result of numerous transactions. But the sale of a collection typically occurs only once and is the single

Copyright © 1989-2010 Stephen R. Datz.   All right reserved.