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About Terry Tipton
Expertise
I have been involved in philately for most of my 56 years. I specialize in United States Issues and Postmarks. I have numerous reference sources to research if I do not know the answer. I am organized and promise swift courteous answers. I am a member of the American Philatelic Society. I also have my own philatelic mail order business.

Experience
As I mentioned, I have been collecting philatelic items for most of my 56 years. I have several albums of United States issues (most of them are pages I designed myself) and I also have numerous albums of postmarks sorted and researchhed by state.

Organizations
American Philatelic Society, All Nations Stamp Club and Harford County Stamp Club

Publications
Linn's, All Nations Stamp Club Website, and local Newspaper

Awards and Honors
Board of Directors for Christmas in April 1990-1996

You are here: Experts > Shopping > Stamp Collecting > Stamps (Philately) > Documentary Internal Revenue Stamp

Stamps (Philately) - Documentary Internal Revenue Stamp

Expert: Terry Tipton - 11/2/2009

Question
QUESTION: I have a green stamp, 1 dollar value, with what looks like lady liberty on the front. Also, a red series 1952, value 30 dollars. any value to these?

ANSWER: Hello Amy,

Thanks for your question.

The $1 revenue stamp is Scott #R173 and it has a list value of $2.00., The $30 red revenue documentary stamp sounds like Scott #R177 and it has a list value of $150.00!!!

Thanks again for your question and let me know if I can be of any more help.

Terry

---------- FOLLOW-UP ----------

QUESTION: Great! Now, where should I go to sell them? E-Bay? or would a local stamp collection store be better?

Answer
Hello again Amy

Thanks for your follow up.

First keep in mind that list prices (such as those quoted) are what you could expect to pay for an item if you went to buy it at a stamp dealer. Selling that same item to a stamp dealer will generally net you 20% to 30% of the list value depending on condition and demand.

There is one big difference between selling to a dealer and selling through an auction. Selling to a dealer will get you your money in hand faster but will not always give you the highest rate of return. Selling through an auction generally (but not al;ways) gets you a higher return for your item but it usually takes a little longer to get your money in hand.

I suggest talking to some dealers in your area and see if they are interested and what they are willing to pay. If it is close to the 20% to 30%, I would take the offer. Good luck.

Thanks again for your question and let me know if I can be of any more help.

Terry

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