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How to Determine the Value of Old Cancelled Stamps

Stamp collecting is a hobby for young and old alike. Occasionally a collector can stumble across a stamp that may have real value. A collector can determine the basic value of most stamps, but for some specialized or rare stamps the collector should consult a competent authority for an appraisal.

Things You'll Need

Digital camera

Instructions

Reference Sources
- 1
  Record everything you know about the stamp, including who it was mailed from and to, and how it came into your possession.
- 2
  Inspect the stamp with care, noting any possible flaws, tears or marks.
- 3
  Ask the public library for their reference copy of "Scott Specialized Catalog of United States Stamps."
- 4
  Find "Warman's U.S. Stamps Field Guide: Values &Identification (Warman's Field Guides U.S. Stamps: Values and Identification)", "Top Dollar Paid!: The Complete Guide to Selling Your Stamps" or "The Official Blackbook Price Guide to United States Postage Stamps 2010, 32nd Edition" at your local bookstore.
- 5
  Search these references until you find your stamp. By comparing the information, you should have a fairly good estimate of the value.
Expert Appraisers
- 6
  Digitally photograph the stamp with neutral background. Use sufficient light to bring out the detail. Take close-ups of visible flaws, tears or marks.
- 7
  Telephone several stamp dealers and ask if you can email the photos and information for an appraisal. Ask if they charge for their services. Often some will take a first look for free.
- 8
  Balance the various dealers' estimates. If they are in agreement, then you have a good idea of the stamp value. Seek more appraisals if they vary widely.

Stamp Collecting