{"id":222,"date":"2008-07-01T14:05:25","date_gmt":"2008-07-01T14:05:25","guid":{"rendered":"http:\/\/www.iraq-stamps.com\/blog\/?p=222"},"modified":"2008-07-01T14:05:25","modified_gmt":"2008-07-01T14:05:25","slug":"is-the-global-credit-crunch-affecting-iraqi-stamps-sales","status":"publish","type":"post","link":"https:\/\/iraq-stamps.com\/blog\/2008\/07\/01\/is-the-global-credit-crunch-affecting-iraqi-stamps-sales\/","title":{"rendered":"Is the global credit crunch affecting Iraqi stamps sales"},"content":{"rendered":"<p>Well the answer is yes, here are the statistics which I have collected from eBay today:<\/p>\n<p>On the UK eBay site, there are less than 150 philatelic items for sale with any Iraq connection. Of those, only 10 have bids at this moment. That&#8217;s a 7% chance of anyone bidding on an item.<\/p>\n<p>On the USA eBay site,  there are less than 350 philatelic items for sale with any Iraq connection, only 35 have bids at this moment. That&#8217;s a 10% chance anyone bidding on an item.<\/p>\n<p>On the Australian eBay site,  there are less than 30 philatelic items for sale with any Iraq connection, NONE have bids at this moment. That&#8217;s a 0% chance anyone bidding on an item.<\/p>\n<p>In my experience, these are the worse figures for a long time and shows a remarkable slowdown.<\/p>\n<p>The slowdown could be the result of a number of reasons, one of them is eBay fees especially with such a low successful sale rate as mentioned above. The second reason would be that the items themselves are not of interest or good quality, there is a lot of rubbish being advertised, especially fake errors which are not worth the paper they are printed on. The third reason maybe the un-reasonable prices that sellers are charging for items.<\/p>\n<p>But I believe the main reason is that there are less buyers at the moment because after all, stamps collecting is an expensive hobby and the cost of living is rising sharply and people would not be able to sustain their hobby demands any more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well the answer is yes, here are the statistics which I have collected from eBay today: On the UK eBay site, there are less than 150 philatelic items for sale with any Iraq connection. Of those, only 10 have bids at this moment. That&#8217;s a 7% chance of anyone bidding on an item. On the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-222","post","type-post","status-publish","format-standard","hentry","category-iraq-stamps"],"_links":{"self":[{"href":"https:\/\/iraq-stamps.com\/blog\/wp-json\/wp\/v2\/posts\/222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iraq-stamps.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iraq-stamps.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iraq-stamps.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iraq-stamps.com\/blog\/wp-json\/wp\/v2\/comments?post=222"}],"version-history":[{"count":0,"href":"https:\/\/iraq-stamps.com\/blog\/wp-json\/wp\/v2\/posts\/222\/revisions"}],"wp:attachment":[{"href":"https:\/\/iraq-stamps.com\/blog\/wp-json\/wp\/v2\/media?parent=222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iraq-stamps.com\/blog\/wp-json\/wp\/v2\/categories?post=222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iraq-stamps.com\/blog\/wp-json\/wp\/v2\/tags?post=222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}