Selling
How Much Will a Dealer Pay for Stamps?
A dealer pays a wholesale price, below the retail or catalogue value, because they must resell the stamps and carry the cost, risk and time of doing so. How much depends on what the stamps are: how saleable they are, their condition, and current demand. For common material a dealer's offer is modest; for sought-after stamps it is stronger. An honest dealer pays a fair price for what they can sell, and tells you plainly when an auction would serve you better.

At a glance
Why a dealer pays less than retail
It is the question every seller asks, and it deserves an honest answer. A dealer pays less than the price a stamp eventually sells for because they are buying to sell again, and that resale carries real cost and risk.
The dealer must hold the stamp until the right buyer appears, which may be months or years, describe and photograph it, list it, pay selling fees and overheads, and accept that not everything sells. The difference between what a dealer pays and what a stamp retails for is not a markup taken lightly; it is the cost and risk of turning a stamp into a sale. This is true of every honest dealer, and understanding it helps you sell wisely.
What decides the figure
- How saleable they are. A dealer pays most readily for stamps they know they can sell: popular countries and issues, and material their buyers want. Stamps that are hard to sell command less, however "catalogued".
- Condition. Condition drives value at every level, so sound, well-centred, undamaged stamps are worth far more to a dealer than faulty ones. Our guide to condition and value explains why.
- Demand. Current collector demand matters as much as scarcity. A stamp few people want is worth little even if uncommon, as our guide to rarity and demand explains.
- Quantity and mix. A collection mixing a few good stamps with much common material is valued accordingly, the better items carrying the offer.
Because of all this, catalogue value is a poor guide to what a dealer will pay; the real figure follows saleability, condition and demand, as our guide to catalogue value versus market value sets out.
When a dealer is the right choice, and when auction is
A dealer sale is not always the best route, and an honest dealer will say so. For common and moderate material, selling to a dealer is quick, certain and sensible, with no fees or waiting. But for genuinely rare and valuable stamps, an auction usually serves you better, because competition between collectors reaches prices a single dealer cannot match. This is why we will often point you towards auction rather than make an offer. Our guide to auction versus dealer weighs the two in full.
We would rather send you to auction than make a sale we should not.Daniel Ardley, Blackheath Stamps
How we approach buying
Honest when we buy, too
Our own approach is simple and honest. We buy individual quality stamps and better Great Britain and Commonwealth material, and sometimes whole collections, always at a price that is fair to you, and only where we can genuinely sell what we buy. Much of what we do is advice rather than purchase: if your stamps would do better at auction, or if competition elsewhere would beat our offer, we will tell you so. We would rather lose a sale than oversell a stamp, and the same honesty applies when we buy. If you would like to know what your stamps are worth and the best way to sell them, our free valuation gives you an honest answer, at no obligation.
Frequently asked questions
A wholesale price, below the retail or catalogue value, because the dealer must resell at cost and risk. The figure depends on how saleable the stamps are, their condition and current demand, from modest for common material to stronger for sought-after stamps.
Because catalogue value is a guide well above actual selling prices, and a dealer must resell the stamp, holding it, describing it, paying fees and overheads, and accepting that not everything sells. The difference is the cost and risk of selling.
For common and moderate material, a dealer, for speed and certainty. For rare and valuable stamps, usually an auction, where collectors compete. An honest dealer will tell you which suits your stamps.
We buy quality stamps and better material at a price fair to you, and will make an offer where we can genuinely sell what we buy. Where an auction would serve you better, we will say so instead. Send photos for a free, honest valuation.
Wholesale, not retail, and honest about why
