03/14/2014Stanford Myers Investment Group Inc
Vienna less than a minute agoI was contacted by Stanford Myers about six years ago, telling me that I needed to have my stamps graded so that they could be sold. I believe they wanted $600 to grade my stamps. I ended up paying $500. They gave me a grade on all the stamps and it seems to me as it was done professionally. They told me one of my stamps had been washed and reglued, making its value, much less than I had paid for the stamp. Standford Myers that he found a stamp for me and sold it to me for a reasonable price. Making my stamp collection complete with a good grade on all my stamps. I was told that they would be able to sell them after that, but nothing has happened yet. I have contacted them several times and each time I was reassured they were going to do something with my stamps. In the meantime, one of their employees called me and told me they had some Lindbergh covers that were worth quite a bit of money they could buy it for me. And they already had a buyer for them, but they could not sell them to the buyer as they were not customers of theirs. I bought the covers for $2000, but they have not sold them. About a month later they called me again with more Lindbergh's covers (3,000.00) that were stamped as mailed from somewhere in Germany to New York and and that they were worth quite a bit more than the others that I have bought. And that they had a buyer waiting for them again and they could not sell them to them because they were not customers. They have not sold, and it's been over two years now. I would just suggest to be careful about believing anything they have to say about selling them. They will grade your stamps, but I have heard that their grading does not hold much weight and you'll have to have it redone to be able to sell them. So take it for what it's worth.
08/15/2012Stanford Myers Investment Group Inc
Hi, just venting -I had some stamps that I purchased from a company called "Hampton House" back in 2003 and NO ONE ever sold any of my stamps, which they said would go fast and sell "no problem". Later on I took them to a stamp show. Everyone I talked to at the stamp show said I would have to get them "Graded", and well, to make a long story short, A gentleman selling stamps at the show gave me Stanford Myers' phone number for the grading of my stamps. They took my stamps and graded the good ones and gave my Princess Diana, Tiger woods and Dale Earnhardt back and proved to me that they were only worth $25 each! I paid 6k for the "good stamps" that SMIG said I should've only paid around 2k for. After five months, they were able to get me back $9,150; giving me a profit of $3,150! BETTER than NOTHING!! But I will say one thing, and that is that I will never buy another stamp.
03/24/2014Stanford Myers Investment Group Inc
Throwing in my to cents, purchased stamps that were on consignment from stanford myers investment group about a year ago. They said they were trying to sell them, but were running into "fire walls", or collectors with no funds to purchase. Glad to report they finally after almost 11 months found a collector! Bottom line, I made $3,800 profit! SMIG, sorry I bugged you so much, thanks for not giving up!