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Stamps (Philately)/first day cover error stamp

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Question
 flag pole stamp
flag pole stamp  
cam you tell me if the stamp issued  in 1970 that shows the flag flying over the white house with the missing flag pole has any value? is this  a single error or did they produce many in sheets before they were noticed? Are mint stamps of this type worth more than used ones if i could purchase a full sheet of them what would they be worth? thank you

Answer
Brian,

The market for error stamps is highly speculative.  In general, the more dramatic the error, the more an EFO (error, freak and oddity) collector is willing to pay to get it.  It is obvious that the pole is missing, but because its the same dark blue as the rest of the design, its not a "color missing" error, which is catnip to EFO collectors.  Likely its just a random production flaw.  Still, it might be worth more to the right collector than just the couple of bucks a normal first day cover of this issue would yield.  The stamp, by the way, is designated Scott number 1338D.

-Mark Leon

I deal in United States Stamps
http://www.forwardedge.com/usmints.html
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Stamps (Philately)

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Mark Leon

Expertise

I am a collector of United States postage stamps, and also a stamp dealer. I`m a member of the American Philatelic Society (APS). My principle area of interest and expertise is in United States Stamps.

Experience

I've been selling stamps on the internet since early 1996. I maintain a stamp web page that concentrates on mint US stamps issued generally between 1890 and 2009. I'm an active seller on ebay.com since 1996, under the user id "mleon". You can find my web page at http://www.forwardedge.com/usmints.html

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I have a Bachelor of Science degree in computer science from the University of Nevada at Las Vegas, 1984.

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