djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Jan 7, 2024 22:58:59 GMT
Since I handle most of the uploading of new issues on Colnect, I thought this year I would start a new project tracking the cost of new issues for each country. - The cost will be based on one copy of each new stamp issued in 2024. - Issues that consist of both stamps and souvenir sheets with the same stamp will have the souvenir sheet included. - Countries that produce stamp issues in more than one format will only have the stamp issue counted once unless the stamps differ from each other in some technical detail, be it perforation, gum type, difference in design and so forth. Included in my analysis will be a per week cost in US$ to acquire the new issues for the year. For this first post since we are only one week into the year the totals will be the same, but this column value will change the further in time we go. So for now here is this week's new issue cost chart. I will try to update this each week, but this will depend on Real Life commitments as well, so there may be gaps between postings. Codes are : MS - Mini-Sheet SS - Souvenir Sheet PB - Prestige Booklet Here is the list for Week 1 2024. Since we only have 1 week in, the Cost Per Week is the same, that will change as we move forward. ![](https://i.ibb.co/vsbqVtd/2024-01f.jpg)
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Cephus
Member
Posts: 166
What I collect: U.S. 1847-1993, Australia, China, New Zealand
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Post by Cephus on Jan 8, 2024 22:48:55 GMT
Just wait until you get to Japan. That will bankrupt you.
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DrewM
**Member**
Posts: 31
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Post by DrewM on Jan 15, 2024 23:28:09 GMT
Great idea. It's the same project "Linn's Stamp News" once took up and which I followed fairly closely to help me determine which countries to collect -- and not collect (which may have been more important). But I don't understand "cost per week" as an index. Cost per week is not a figure anyone uses, but "cost per year" is. It's what anyone collecting a country would want to know to determine whether buying year sets is a good idea or not. And you'd be in good company since "Linn's" used "cost per year". "Cost per week" just means I have to multiply by 52 weeks to get a meaningful figure, one I can actually use .You wouldn't do "cost per day," I assume. "Cost per week" is a bit odd, and it's not a meaningful figure. But I really like the fact that you're doing this.
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Jan 16, 2024 15:17:08 GMT
Great idea. It's the same project "Linn's Stamp News" once took up and which I followed fairly closely to help me determine which countries to collect -- and not collect (which may have been more important). But I don't understand "cost per week" as an index. Cost per week is not a figure anyone uses, but "cost per year" is. It's what anyone collecting a country would want to know to determine whether buying year sets is a good idea or not. And you'd be in good company since "Linn's" used "cost per year". "Cost per week" just means I have to multiply by 52 weeks to get a meaningful figure, one I can actually use .You wouldn't do "cost per day," I assume. "Cost per week" is a bit odd, and it's not a meaningful figure The cost of week is something I am tracking out of curiousity. One of the big complaints of collectors is that the yearly cost of new issues is too high. So I am doing a bit of a test here based on the idea that people will freely spend US$5 at some point during a week on something either fast food or coffee shop without a second thought. If one skipped the fast food/coffee and put that $5 aside for keeping their collected countries up to date, would that be enough to cover the cost (US$5x52 would mean US$260/year to buy new issues). So that is what I am tracking, to see what the cost per week for various countries would be and how that might compare with other things we buy during the week that are not essentials, but which most people don't think twice about spending money for.
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Jan 16, 2024 15:19:51 GMT
Update for Week 2 2024 Codes are : BK - Booklet MS - Mini-Sheet SS - Souvenir Sheet PB - Prestige Booklet Great Britain is so high (almost US$90.00) due to the plethora of items related to the Spice Girls issue released on 11 January that the major catalogues will treat as separate items - 2 se-tenant strips of five, a souvenir sheet of five, two collector sheets of 10 sold above face value, and a presitge booklet.
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bafletcher
Member
Posts: 146
What I collect: Worldwide Stamps and Covers (focus: British Africa, Caribbean, British Commonwealth, Croatia, Greece, Pakistan, Nepal)
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Post by bafletcher on Jan 16, 2024 15:24:49 GMT
djcmh, I really like what you are doing here! I would be doing this myself (for my own purposes), but I don't have access to the wealth of material you do to provide the statistics. Appreciate your sharing this with all of us. Bart
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pfrink
Member
Posts: 72
What I collect: All Sports, Precancels, Beer/Wine, Music
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Post by pfrink on Jan 16, 2024 15:36:45 GMT
This is really cool, I will be following this throughout the year. Interesting data already just two weeks in!
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Jan 20, 2024 21:04:49 GMT
Week 3 Update BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Jan 28, 2024 15:24:45 GMT
Week 4 Update BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Feb 4, 2024 17:17:27 GMT
Week 5 Update BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet ![](https://i.ibb.co/hM22dfY/2024-05B.jpg) Great Britain is the first to cross the US$100.00 face value level for the year, with France not far behind and may pass Great Britain later this month based on the number of issues planned for the month.
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Feb 12, 2024 15:53:25 GMT
Week 6 Update : BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet ![](https://i.ibb.co/SQ2RLQs/2024-06B.jpg) France has now overtaken Great Britain for highest total face value for 2024 issues.
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Feb 18, 2024 12:28:52 GMT
Week 7 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Feb 28, 2024 11:57:54 GMT
Week 8 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet Brunei released a new definitive set which include Bru$100 and Bru$50 values, but this was just not quite enough to take the most expensive spot of the year so far with France holding it tightly with about a US$20 lead
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Mar 4, 2024 13:45:27 GMT
Week 9 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Mar 11, 2024 5:44:36 GMT
Week 10 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet
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angore
Member
Posts: 5,568
What I collect: WW, focus on British Empire
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Post by angore on Mar 11, 2024 10:51:31 GMT
I would be interesting to see a ratio of face value to population. Burnei has a population of 445,000 per google.
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philatelia
Member
Captain Jack - my best kiloware find ever!
Posts: 3,622
What I collect: Ireland, Japan, Scandy, USA, Venezuela, Vatican, Bermuda, Austria
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Post by philatelia on Mar 11, 2024 12:03:39 GMT
I would be interesting to see a ratio of face value to population. Burnei has a population of 445,000 per google. That’s a great idea, Al! Thanks for offering to add that info to djcmh great data sheets - can’t wait to see what you find. Lol I imagine Monaco will have interesting numbers!
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angore
Member
Posts: 5,568
What I collect: WW, focus on British Empire
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Post by angore on Mar 11, 2024 12:35:15 GMT
Isle of Man -84,000 Jersey - 103,000
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Mar 11, 2024 12:58:59 GMT
I can add that data starting with next week.
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rednaxela
Member
Posts: 201
What I collect: Germany in all its facets since 1871 (especially German Reich used including postal statinoneries, used), USSR, Austria, Switzerland, Luxembourg, Liechtenstein, Denmark, France. I design all album pages for my collection myself and partly make them available to the general public for use.
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Post by rednaxela on Mar 11, 2024 13:38:40 GMT
I would be interesting to see a ratio of face value to population. Burnei has a population of 445,000 per google. I am not very convinced of the additional usefulness of such a conversion of the cost of stamps (face value) of a country per inhabitant of that country. To a certain extent, this would imply that the stamps would or should be issued primarily for the postal service for the local population. However, this has long since ceased to be the reality: to a large extent, postal administrations are oriented towards the potential global market of stamp collectors, be they country collectors or topical collectors - and not just since yesterday. Most of us also collect newly issued stamps from countries of which we are not citizens...
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Mar 18, 2024 12:29:59 GMT
I did some testing with the idea of face value vs population and it really looks odd and not sure what additional information it gives us in terms of what postal agencies are doing. Would anyone call the Vatican an "exploitative" postal administrtion - it only has a population of 825 people yet this year has issued stamps to face value equivalent of US$15.84, giving it currently the highest face value per capital total of US$0.0192, while France, currently the highest total cost with US$154.50, has a population of 67.75 million so a per capita of only US$0.0000022.
So I think including this information really will not be useful to deduce "excessive" production.
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Mar 18, 2024 12:31:19 GMT
Week 11 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Mar 25, 2024 13:39:27 GMT
Week 12 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Apr 2, 2024 11:08:13 GMT
Week 13 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet ![](https://i.ibb.co/RB4RGpQ/2024-13d.jpg) France now has a clear lead for the year, and Romania has joined the 3-figure club. The Channel islands and Isle of Man will likely cross the US$100 face value mark in April with their new issues planned.
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Apr 9, 2024 7:49:38 GMT
Week 14 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet ![](https://i.ibb.co/7b5C8QB/2024-14d.jpg) Jersey now enters the three-digit club, and Romania is about to overtake Brunei for third place.
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Apr 15, 2024 5:52:19 GMT
Week 15 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet Isle of Man now catapults itself into 3rd place after a new issue costing collectors £30.85 for a set of six stamps and a mini-sheet of 12 was issued. Surinam has also joined the three-digit club as of this week.
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Apr 22, 2024 0:48:34 GMT
Week 16 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet France has now hit the US$200 face value for the year, the first to do so.
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on Apr 28, 2024 16:58:10 GMT
Week 17 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on May 6, 2024 5:01:14 GMT
Week 18 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet
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djcmh
Member
Posts: 791
What I collect: Worldwide
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Post by djcmh on May 12, 2024 12:49:26 GMT
Week 19 Update (organized from most expensive to least expensive) BK - Booklet CS - Collector Sheet MS - Mini-Sheet PB - Prestige Booklet PS - Personalizable Stamps SS - Souvenir Sheet ![](https://i.ibb.co/9yJkwKT/2024-19D.jpg) Total face value is now over US$4000 for the year. And Romania has now slightly surpassed Great Britain for the #2 spot, at least for the moment.
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