Grading Stamps - Part III
We've already mentioned that grading stamps is a subjective art, with experts disagreeing on some of the finer points of condition. But always keep in mind that the overall quality of a stamp is the most important factor when grading stamps. For example, Extra Fine copies of early stamps that have large margins and no faults often command much higher prices than what you will see in a stamp catalogue. On the other hand, attractive Very Fine stamps with thins or corner creases sell for lower prices. For example, The Stamp People's online stamp shop features Very Fine and Fine stamps, but also has a "Bargain Stamps and Markdowns" category that offers stamps that have been severely reduced in price for this reason.
Five different criteria are often used when grading stamps: gum (for mint stamps), color, paper, centering and cancellation (for used stamps). This post, we'll talk about what makes a "Very Good" stamp.
Very Good:
Gum: Gum is disturbed or partially missing.
Color: Some fading of the stamp's color may be apparent.
Paper: Paper defects such as staining or creases may be present.
Centering: Perforations cut into or touch the design. The frameline is just cut into by the edge of the stamp on one or two sides (this latter pertains to imperforate stamps).
Cancellation: A medium cancel covering more of the design than a stamp that's in Fine cancellation. The cancellation is not necessarily legible, with perhaps an obscured date or postmark location.
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