A week of Zoom Meetings Starting with StampAuctionNetwork Provenance

Today, Sunday at 4:00pm (EST) we kick off a week of Zoom meetings by hosting a Zoom meeting on the new Provenance Extended feature at StampAuctionNetwork. The"week of Zoom" will include meetings on Provenance, Running your Club auction at StampAuctionNetwork, Basic Stamp Collecting, a discussion of our white paper on Investment Grade Stamps, and a StampAuctionNetwork Tour. (you can see the schedule here...). Meanwhile check out our videos (here...) and our white paper called "StampAuctionNetwork Market Guidelines for Investing in Rare Stamps" (here...). The schedule for this week is...

  • Sunday, March 29th at 4:00pm EST. Provenance at StampAuctionNetwork
  • Monday, March 30th at 4:00pm EST. Run your Stamp Club and Stamp Club Auction at StampAuctionNetwork
  • Tuesday, March 31th at 10:00am EST. Provenance at StampAuctionNetwork
  • Tuesday, March 31st at 2:00pm EST. Basic Stamp Collecting and Auctions
  • Wednesday, April 1st at 9:00am EST. A discussion of our white paper on Market Guidelines for Investing in Rare Stamps
  • Thursday, April 2nd at 1:00pm EST. Provenance at StampAuctionNetwork
  • Friday, April 3rd at 4:00pm EST. The StampAuctionNetwork BASIC Tour.
You have the option to join by computer or phone. However, I am going to be demonstrating how this works at StampAuctionNetwork and it will be most helpful if you join by Computer to see my computer screen. If you do not have a mic on your computer, you can join by computer and then call in again by conference call (phone numbers below).

If you plan on joining please rsvp to tldroege@mindspring.com with any questions you would like me to cover and/or a stamp or cover that you would like used during the presentation. (Link to StampAuctionNetwork.com)

Preparing for the Meeting: You will be able to join the meeting before it starts so you can get your mic and speakers working. You will be automatically muted on entry. When you get on Zoom, make sure you find the Chat and participants windows and open them so that you can monitor the discussion, post questions, raise your hand etc... See you soon!

Join Zoom Meeting

Meeting ID: 808 876 8756

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Meeting ID: 808 876 8756
Find your local number: https://zoom.us/u/aRh5MfYMV

You haven't heard much about extended features because we have been working on this one. And it is big. We now have 1.75 Billion in prices realized with 2 million lots. Imagine if you had access not just to results, and not just results of a stamp in general, but if you had access to the price history of specific examples of a stamp or cover! That is what StampAuctionNetwork Provenance will bring you. And we want to introduce it to you today.

There is a two part Video demonstration of this on StampAuctionNetwork (here). Or you can download the videos from DocSend (Part 1 Here) and (Part 2 Here)

StampAuctionNetwork Provenance defined. Here at StampAuctionNetwork we can use the almost 1 million images at the site to match up specific examples of stamps or covers. We have their opening prices and prices realized, so before and after the auction we can identify them and match them against their historic realizations. Note, we are not comparing them to other similar stamps, but the exact stamp or cover. We can assign every stamp or cover our own provenance number to identify the stamp or cover and tie it to its history. The number is a simple code using the country code, the catalog number, the symbol (**, *, (*), O, C, BL, PR) and a ranking. With that number you can tie a particular stamp to its historic performance AND know the relative ranking of that stamp among all others at StampAuctionNetwork.

In the video I am going to show you how to use this great new option at StampAuctionNetwork. I am going to use some pricey stamps. But do not be alarmed. We are using image recognition, so what we have done for a few stamps and covers on a test basis will be able to be scaled out to any stamp or cover that is offered as a single lot.

This is what the video will cover.

  • How to access the new feature and where to look for it.
  • C3a. We will start out with the inverted Jenny to show that the image recognition software lines up with lots where we have a stamp that already has been plated.
  • 292 on cover. To demonstrate the sorting and presentation.
  • 292 ** - To demonstrate an interesting discovery made using the image recognition. And a look behind the scenes on how we check on the image recognition.
  • 243 * - this is the bread an butter. This is all fun and good, but how will it matter. In this example I am going to show you how having access to provenance for your want list items will alert you when a top ranked stamp is coming up on the market.
  • Finally, I will ask you for your input. If you are a paid user of Extended Features, give me a couple Catalog Numbers and I will get the results calculated for those Stamps of Covers. It does take some processing time. Some lots have 1000's of examples, and they all have to be compared to one another. Even 100 different stamps is 5000 image comparisons!

StampAuctionNetwork - White Paper on Investment Grade Stamps

Whether you see buying stamps as an investment or not, today's introduction of provenance makes our paper on "StampAuctionNetwork Market Guidelines for Investing in Rare Stamps" more relevant than ever.

Follow the link to the paper (here) - https://docsend.com/view/65bx66e

- Tom Droege