inverted jenny right side up now selling for 75,000.00 or singles for 15,000.00 .dealers ripping buyers this is another example .if i own a sheet i would sell it for 35,000.00 and be very happy with a 10,000.00 profit .what do you think ??? their are also many errors in the run and could be some with less then 100 made .someone needs to write a book just on the errors as my guess its over 50 diff.
The dealer bought 300 copies at $3600 and scored one upright.
$75k - $3600 = $71,400 profit.
6@$15k = $90,000 - $3600 = $86,400 profit.
I'm sorry, but you have me at a disadvantage here. What the hell is an upright Jenny? You have the inverted one and the regularly issued one. What did the dealer so\core when he got "one upright"? Sorry for my ignorance.
The new $2 Jenny panes were printed with 6 upside down airplanes each for a total cost of $12. The USPS decided that as a gimmick they would randomly insert 100 panes with the airplane right side up and create an instant rarity. 10 panes out of the 100 are known to have been found. Dealer buy price is $25,000 and one dealer is asking $75,000 or $15,000 per stamp.
it's a wonka ticket thing for the stamp crowd.
i might buy a sheet if it came with chocolate...
redwoodrandy8 your numbers are wrong as he still has the stamps for postage .his real cost is 12.00 for the one rare sheet .anybuddy who buys this sheet is out of their mind. .you can adv. to buy for 30,000.00 and be the best buy price and save yourself 45,000.00 less ad cost. their are many errors in the run .my guess at lease 50 to 75 diff some of these may be less then 100 so how much are these worth as they are real errors not some made up rip off . someone will have to write a book just on this sheet and get some est. on just how many their are . some of them i have only seen a few on e-bay maybe 300,000 sheet have been sold and only 3 of some of the errors have showed up on e-bay or what i found. at that rate only 7 or so will show up..who knows
You are correct. Thank you. His profit then would be even greater.
Well maybe not greater but substantial. The stamps could be used for postage or sold. The $12 starting point is correct.
June 2 2017 I bought 13 sheets of inverted jennys for $156. To be used for postage.
One of the 13 sheet was an right side jenny.. Bought at a local post office
How much is my profit.