tag:blogger.com,1999:blog-6702294928145374276.post6973134981554789479..comments2024-01-03T12:22:42.314-08:00Comments on Trevor Pateman's Philately Blog: Do Bad Stamps Drive Out Good?trevor patemanhttp://www.blogger.com/profile/01843120497490896242noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6702294928145374276.post-75157888860862323042017-11-26T13:21:43.629-08:002017-11-26T13:21:43.629-08:00I'm not a big fan of "the Free Market exp...I'm not a big fan of "the Free Market explains EVERYTHING" theories, but in this case I think it can work both ways. If the price difference between "good" (say, a modern MNH stamp) and "bad" (the same stamp, but MH) is small, everyone will go for the good stamp: good stamps drive out bad stamps. And in fact, I think that these days you can't give away hinged modern stamps. But for older stamps the price difference becomes substantial and some people will start opting for the "bad" stamps. <br />For a mint Russia #1 the price difference is astronomical, so there is a substantial market for "bad" stamps.<br />The forgeries are another matter, I think. There's a lot of sheer ignorance (or optimism) at work there. There have been dozens of Imperial and Soviet "color proofs" offered on eBay during the past two years. All fake, but they look just authentic enough to tempt people to gamble...Dr.Ivohttps://www.blogger.com/profile/08909156720024759785noreply@blogger.com