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Whether you possess a curated collection of rare vintage finds or simply have a handful of valuable modern stamps, there are numerous avenues for selling them locally and online.
The history of stamps is vast and fascinating. Did you know Britain issued the very first postage stamp on May 6th, 1840? This long and rich history has resulted in the production of tens of thousands of collectible and valuable stamps.
This guide will explore the options available to ensure you get the best price for your stamps. The good news is that there’s a market for a wide variety of stamps, including those from the US and abroad, mint and used condition, individual stamps, blocks, sheets, albums, and even vintage and modern varieties.
Before discussing the specifics of where to sell, it’s crucial to understand the value of your stamps. This information will be essential as you navigate the selling process.
How do I know if my stamps are valuable?
Let’s delve into the question of stamp value. Here’s a key principle to remember: the age of a stamp is just one factor, and the year 1930 serves as a helpful benchmark.
Stamps issued after 1930 are generally considered modern in the collecting world and typically hold a value close to their face denomination. So, a 1950s US stamp marked “3 cents” is likely worth around 3 cents today.
Stamps issued before 1930 have a greater chance of exceeding face value. Some can fetch hundreds or even thousands of dollars more! This era coincides with a period when many collectible stamps were produced.
However, age alone isn’t the sole determinant. Even pre-1930 stamps can be common and hold little value. Conversely, some rarer examples from this period command high prices among collectors.
If you suspect you might have valuable pre-1930 stamps, consider seeking an appraisal from a certified stamp dealer. Their expertise can help you determine the true worth of your collection.
Best places to sell old stamps
Now that you have a better understanding of stamp value, let’s explore the best avenues for selling your collection and maximizing your return.
1. Sell Unused Stamps
While unused postage stamps, including Forever stamps, can hold value, it’s important to understand the market before selling. Companies like “Sell Unused Stamps” are one option, but research their buying rates to ensure you’re getting a fair price. Remember, a stamp’s value often hinges on factors beyond simply being unused.
2. Apfelbaum, Inc.
Apfelbaum, Inc., a company with a rich history dating back to 1910, is a reputable choice for selling stamps. They specialize in acquiring quality stamps and offer several benefits to sellers.
Apfelbaum provides both free shipping and immediate cash payment upon receiving your stamps. Additionally, they stand out for their complimentary appraisal service, allowing you to understand the value of your collection before selling. Their dedication extends to traveling for on-site evaluations of particularly valuable collections.
3. West Coast Stamp Company
The West Coast Stamp Company is another reputable option for those on the West Coast. They are willing to purchase collections of any size and origin, and they offer a complimentary appraisal service to help you understand their potential value.
Their commitment to convenience extends to covering shipping costs and offering the option of an on-site evaluation for significant collections. Notably, they expedite the process by offering same-day payment via bank transfer upon acquisition.
4. Miller’s Stamp Company
Collectors focusing on classic US pre-1930 stamps, particularly those in exceptional “well-centered” condition, should consider Miller’s Stamp Company. This established dealer boasts a long history of acquiring valuable collections, regardless of size. Sellers can choose between mailing their stamps or visiting the company in person (by appointment) for evaluation and purchase.
Their membership in reputable organizations like the American Stamp Dealers Association (ASDA) and the American Philatelic Society (APS) underscores their legitimacy and professionalism.
5. Mystic Stamp Company
Mystic Stamp Company, established in 1923, is a long-standing player in the stamp market. It has actively acquired collections, spending over $70 million in the past five years alone, and continues to seek new additions.
Their process is straightforward – ship your stamps to them, and upon evaluation, they offer immediate payment on the spot.
6. Sotheby’s
Sotheby’s auction house is a name to consider for exceptionally rare stamps. Renowned for dealing in high-value fine art, jewels, and collectibles, Sotheby’s offers a consignment service specifically for such stamps.
This prestigious platform can potentially yield remarkable results—the record-breaking sale of the British Guiana 1c Magenta for a staggering $9.48 million stands as a testament to its reach. Its website even features a tool for obtaining a preliminary valuation of your stamp collection.
7. WorldwideStamps.com
WorldwideStamps.com caters to collectors specializing in intermediate to advanced worldwide collections. Their area of interest encompasses many stamps, including unused US postage, old letters, and historical correspondence.
They particularly seek collections focused on a single country (ideally a dedicated album for each nation) or a limited group of countries. Additionally, large multi-volume sets encompassing the world are welcome, with preference given to those housed in Scott Blue International or Minkus Global albums. Their website offers more detailed information on the types of stamps they acquire.
8. American Philatelic Society
The American Philatelic Society (APS) offers a selling avenue for its members. This non-profit organization facilitates philatelic transactions through Circuit Mail Sales and their online platform, StampStore.org. Details on both options are readily available on the APS website (linked above).
If you aren’t a member, a yearly subscription is required to utilize their selling services. Domestic memberships cost $45, with international rates reaching $65. Notably, the APS offers a discounted rate of $25 annually for new members under the age of 30.
9. eBay and other online auction sites
For smaller collections or those with uncertain value, online auction platforms like eBay can be a viable option. This approach lets you set your own asking price, granting you greater control over potential profits. However, remember that eBay charges seller fees, so factor those into your pricing strategy before listing.
Beyond eBay, other online auction sites like eBid, Bonanza, and Webstore offer similar avenues for selling stamps. Consider researching these alternatives to find the platform that best suits your needs and target audience.
Where to sell stamps for cash near me
If you prefer to avoid online marketplaces, there are still options for selling stamps locally. Remember, some of the aforementioned companies, like Apfelbaum, Inc., offer both online and in-person purchasing, with some even traveling for valuable collections.
Here, we’ll explore additional brick-and-mortar options closer to home.
10. Yard sales
Yard sales can be a possibility for selling some stamps, particularly common, lower-value varieties. However, this approach best suits a casual seller with realistic expectations. Serious collectors are unlikely to frequent yard sales searching for hidden gems.
11. Stamp dealers
Local stamp dealers offer a convenient option for quick cash conversions. These specialists can provide an immediate evaluation and purchase your stamps if they align with their areas of interest.
Several resources, including the websites of the American Stamp Dealers Association (ASDA), the American Philatelic Society (APS), and the National Stamp Dealers’ Association (NSDA), can help you locate nearby dealers. Use these resources to find reputable dealers in your area and secure quotes before finalizing a sale.
12. Stamp shows
For larger collections, stamp shows present an exciting opportunity to connect with potential buyers directly. Renting a booth allows you to showcase your stamps to a concentrated audience of collectors and dealers. This approach is less suitable for smaller collections, as the cost of booth space might outweigh the potential return.
Several online resources can help you locate stamp shows happening near you. Utilize websites like Stamp News Now, Stamp Shows Worldwide, or iStampShows.com to find shows in your area and gauge their size and audience to determine if they align with your collection’s value.
13. Pawn shops
Pawn shops should generally be a last resort for selling stamps. While they can offer quick cash, their expertise often lies outside philately, and they may undervalue your collection.
Exhaust other selling avenues first, such as reputable stamp dealers, auction houses, or online marketplaces catering to collectors. If these options prove unsuccessful and you require a quick quote, a local pawn shop might be worth considering. However, approach this route with the understanding that the offered price will likely be a fraction of your stamps’ worth.
The bottom line
With this wealth of information, you’re well-equipped to navigate the world of stamp selling and find the best fit for your collection. Whether you prefer the convenience of online platforms or the personalized touch of in-person transactions, numerous options await.
For online avenues, consider established auction platforms like eBay or specialized sites catering to philatelic items like WorldwideStamps.com. If speed and convenience are priorities, reputable local stamp dealers can offer quick cash transactions. Remember, for valuable collections, auction houses like Sotheby’s can potentially yield exceptional results.
Don’t neglect the in-person options either! Explore attending stamp shows tailored to collectors or selling at yard sales for more common varieties. Use resources like the American Stamp Dealers Association website to find trustworthy dealers.
Remember, a successful sale often hinges on understanding your stamps’ value. Research and expertise are key. By carefully considering these various options and the value of your collection, you can maximize your return and find the selling method that best suits your needs.