Volume 86, October 2001

 
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Day of Terror

September 11, 2001 is a day not likely to be forgotten by any Americans, nor by many people throughout the world for that matter. That day has changed America forever. We send our sincerest condolences to all who have lost loved ones and friends. Our prayers are with you. And we salute the brave workers who still toil in the aftermath of this tragedy.

The effects of that day resound through every part of our lives. First, was the slowness of mail delivery caused by the aircraft grounding. True, it was insignificant, nevertheless, many of our customers were concerned.

And now, we find a second consequence. Again, trifling, but something that we must bring to the attention of our customers. The patriotism that has enveloped our nation has caused a "run" on stamps depicting the American Flag, the Statue of Liberty, and those honoring Veterans. Many Post Offices that we have contacted are sold out of stamps with these patriotic themes.

As of this writing, it is our understanding that the Stamp Fulfillment Center still has most of them in stock, but local Post Offices cannot get inventory from that source. If one is interested in speculating, we suggest accumulating plate blocks of these issues at face value.

We recommend not paying a premium, because there is no way of knowing whether or not the USPS will reprint them. Since the stamps in question are all of the 34 cent value, there is minimal risk of loss in the event the stamps are reprinted.

The following is a list of stamps discussed above:

Scott No.
3448 34ct Flag over Farm Non Denominated Water Activated
3449 34ct Flag over Farm Non Denominated Self Adhesive
3450a 34ct Flag over Farm ATM Booklet Pane of 18
3469 34ct Flag over Farm Water Activated
3470 34ct Flag over Farm Self Adhesive
3508 34ct Honoring Veterans (Flag)

Additionally, the 34 cent Statue of Liberty issues might hold some potential too. Sources advise me that they too are "selling out" in the post offices that have already sold out of Flag stamps. It would be my hunch, that the non denominated ones would be most desirable.

OTHER RECENT ISSUES WORTH CONSIDERING

The Non Denominated issues of the Four Flowers issue of 2000 represent a real challenge. The stamp was issued in coils and booklet pane formats.

Scott No. 3462-5 has been assigned to the coil issue. A plate number coil should contain nine stamps. Originally issued in late 2000, this issue was popular and quickly sold out. There could still be some around in post offices. We strongly recommend purchase of these where possible.

Furthermore, the same non denominated stamps were issued in several booklet configurations. Three different configurations in double sided panes of 20 stamps. First, Scott No. 3457b, all stamps are die cut 10 1/2 x 10 3/4, it is the most common and does not yet show any significant premium. Next, 3461b, die cut variety contains 2 11 1/2 x 11 3/4 arid 3 10 1/4 x 10 3/4, then there is 3461c which contains 2 10 1/4 x 10 3/4 and 3 11 1/2 x 11 3/4. These latter two varieties appear to be scarce. They already command a significant premium, in our opinion, future value depends a lot on what the album publishers do. If they provide space for all three, we would expect more price appreciation in 3461b and 3461c.

In addition to the above, two other 2001 issues have already sold out at the Stamp Fulfillment Center and many local post offices. It is my understanding, that the USPS has paired printing quantities of many new issues as a result of the large number they were destroying.

The American Illustrators issued February 1, 2001 and Peanuts issued May 17, 2001 are both sold out at the Stamp Fulfillment Center. Both of these issues were very popular with stamp users and collectors alike. If one comes across either in post offices, we recommend purchase.

Finally, you will notice that we have deleted Scott No. 3277 (33 cent Flag over City self adhesive) from our catalog. We have been unable to secure any inventory of this stamp. We are not yet satisfied that it is truly scarce, so we will continue to research its availability before we make that determination.