Well, the great news is that old stamps can hold surprising value!
After all, there’s a community of stamp collectors around the world. So, if you want to make quick money, you can always sell your old stamps to these avid collectors.
And there are many ways that you can go about selling your old stamps, from auction houses to online platforms.
Let’s get to it!
What Makes Stamps Valuable?
Stamps fall into two main categories:
- Stamps issued before 1930
- Stamps issued after 1930
Stamps issued after 1930 have their prices directly on them.
Although a stamp printed in the 30s may seem old, they’re still worth face value. This means despite its age if the stamp says 5 cents on it then it’s still worth 5 cents today.
Stamps issued before 1930 are the stamps you should be looking to sell. These are vintage stamps and can sell for much more than more recent stamps.
This isn’t to say that all pre-1930 stamps are valuable. However, since there are some that can be worth hundreds or even thousands of dollars.
Of course, the condition of your stamps influences value as well.
Some collectors actually like stamps that appear worn as it represents evidence of the stamp’s postal history. But for the most part, stamps in perfect condition that are older than 1930 are the most valuable.
The Best Places To Sell Old Stamps For Cash
Now that you know what gives stamps value, it’s time to outline some of the best places to sell old stamps that you can use for this unique side hustle.
One of the best places to sell your stamp collection is Sotheby’s, a British-founded American broker of decorative and fine arts, jewelry, and other collectibles.
It’s one of the world’s largest and most trusted marketplaces for art and rare collectibles. Plus, it’s backed by a global network of specialists spanning 40 countries and 44 departments.
Sotheby’s hosts over 600 auctions annually. And if you want to sell your old stamps to it, the process is fairly simple.
Here’s how it works:
- Describe Your Stamps: Describe the history, dimensions, current condition, and include any documentation.
- Add Photos: Take good quality photos of the stamp or your stamp collection.
- Review And Submit: Submit your inquiry and wait for the specialists at Sotheby’s to review it.
Sell Your Stamps: Sotheby’s sends you an estimate if it wants your stamp collection, and you can then submit it to one of the upcoming auctions to try and find a buyer.
2. Warwick & Warwick
If you have no idea where to sell your old stamps, Warwick & Warwick is a great place to start!
This company is home to one of the leading international providers of philatelic valuations (that means stamp valuations.)
Warwick & Warwick actually has four stamp experts with over 100 years of combined experience, making it a credible and knowledgeable resource if you’re looking to sell some stamps.
The written philatelic valuations that it provides are carefully researched, reliable, and accurate.
Overall, Warwick & Warwick can help you make an informed decision on what to do with your collection, whether it’s selling at a public stamp auction, selling by private treaty, or keeping the collection for another generation.
Not to mention the valuations are free, with no obligation to sell!
3. West Coast Stamp Company
The West Coast Stamp Company is a great place to sell stamps of any size from any country.
Shipping is free and fully-insured as well.
If you end up selling your stamp collection to West Coast Stamp Company, you also get paid the same day through wire transfer.
It doesn’t matter if you’re selling old stamps online or flipping money by running a resale business; eBay is one of the most popular marketplaces in the world.
One of the main perks of selling on eBay is the massive audience the marketplace has. After all, there are millions of active buyers on eBay from all around the world.
And eBay also lets you sell old stamps in two ways:
- Fixed Price: Set a final sale price for your old stamps or stamp collection.
- Auction: Let buyers bid on your stamps in eBay’s classic auction style of selling.
However, unlike some other online places to sell stamps, you have to create listings yourself.
But this just involves taking photos of your stamps, writing a listing description, and managing things with the buyer post-sale.
Packaging and mailing are also your responsibility unless the sale is local.
Just note: although listing on eBay is free, you usually pay around 12.55% in selling fees for most categories.
Mercari is another online marketplace platform where you can sell almost anything, ranging from old stamps to automobiles.
Stamps aren’t a super popular thing to sell on Mercari, but you can still find listings, and the app is very popular in the United States.
From there, buyers can message you to ask questions or simply buy your stamps.
As the seller, you can offer free shipping or pass the shipping expense off to the buyer. But one Mercari selling tip is to offer free shipping so it incentivizes buyers to shop with you.
Now the tricky part is establishing a price for your item. You set your own prices on Mercari, so you need to know what your stamps are worth.
If you have absolutely no idea what your stamps are worth, consider getting a free valuation from The West Coast Stamp Company or Warwicks & Warwicks.
Anyways, once your buyer receives their stamps, all they have to do is confirm that the package arrived as described.
You get paid once the review process is complete. You can cash out from your Mercari account through direct deposit.
Mercari fees include a 10% final sale fee and payment processing fee of 2.9% plus $0.30
Overall, it’s an easy way to sell old stamps for cash, and you can also sell other unused goods like electronics, shoes, sports cards, and toys.
Extra Reading – Mercari vs eBay – Which Platform Is Best For Sellers?
Whether you’re looking to sell individual stamps or an entire collection, Sandafayre has experts who can help you get the best price for your stamps.
This company is over 40 years old, and it’s one of the world’s leading philatelic auctioneers and specialist dealers.
Sandafayre is very experienced in describing, photographing, and displaying your stamps to get the highest level of interest from their global client base.
There are two different ways to sell through Sandafayre:
- Outright Sale: Get a quote from Sandafayre and accept the sale to get paid quick cash immediately for your stamps.
- Auction Sale: Submit your stamps to one of Sandafayre’s public auctions that occur every 3 months in the UK.
Outright sales are useful if you need money fast, but if your stamps are valuable enough, the auction option gets your collection to a worldwide audience.
In contrast, selling stamps outright doesn’t charge additional fees.
From there, Sandafayre responds with feedback and recommends next steps if it wants to buy your old stamps.
7. Mystic Stamps
Mystic Stamps is one of the largest buyers of stamps and stamp collectors in the United Stamps going back to 1923.
In the last 5 years, it’s spent over $72 million buying stamps, so it’s another massive player.
One perk of selling old stamps to Mystic Stamps is that its team of experts value your stamps. You also get paid immediately if you accept the offer.
Mystic Stamps also has a service that lets you identify any stamp for $5 per item.
Apfelbaum has been buying and selling high-quality stamps for over a century. Unsurprisingly, it also has a reputation as being one of the best places to sell stamps because of its history.
Overall, Apfelbaum has a reputation for excellent customer service, expertise, and experience, putting your stamps in good hands.
And its comprehensive appraisal for your collection is free of charge, so there’s no harm in getting a quote.
If you end up selling your stamps to Apfelbaum, shipping is free as well.
9. Facebook Marketplace
But, you can sell pretty much anything on Facebook Marketplace, including vintage stamps!
The Facebook Marketplace shows listings that are within a certain radius of you.
This means you’re dealing with buyers who are near you and meet in person for a cash sale.
10. Flea Markets
One final place to sell old stamps is to rent a table at a flea market.
Flea markets are truly a great place to sell all of your niche collectibles, including vintage stamps and entire collections.
It’s definitely the type of place you can find your target clientele, with lots of fellow collectors and history buffs.
Selling at flea markets does cost money since you have to pay for a table as a vendor.
However, if you have a big collection of stamps, the upfront table rental fee might be worth it. And you might sell your collection pretty quickly!
Extra Reading – The Best Places To Sell Old Postcards.
Tips For Selling Old Stamps For Cash
Do Your Research: Figuring out the value of your old stamp collection is critical if you don’t want to get ripped off.So, do your own due diligence or ask professionals to provide an appraisal before rushing into a sale. Try Multiple Buyers: The best places that buy stamps offer free appraisals and advice, so take time and talk to several buyers to try and get the highest offer possible.
- Be Professional: Always be professional when selling stuff, especially high-value collectibles.
This means being timely with your responses and also being polite, even if you get an offer you’re not happy with.
This video provides a useful overview of what makes vintage stamps valuable and how you can start the selling process.
Extra Reading – The Best Ways To Double 10k Quickly.
Whether you’re looking to sell a single stamp or a whole collection, there are plenty of great options for you.
If you’re new to the world of philately, definitely consider taking advantage of the free appraisals. This lets the experts take care of doing all of the research.
You could even reach out to a couple of different places and see which one gives you the highest offer.
But if you have quality stamps, you shouldn’t have a problem selling them and making some extra cash!
Looking for even more selling side hustles? Checkout:
Tom is a full-time blogger and freelance writer with a passion for side hustling, passive income, and the gig economy. His work has appeared on dozens of personal finance websites like Money Crashers, The College Investor, Investor Junkie, and more. This Online World is all about providing people with honest ways to make and save more money by using technology. To learn more about Tom, read his About Page!
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