Scott 1384 Inverted Precancels

I was sorting through some old stock I had lying around and came across the following #1384's with inverted precancels.
I had never bothered to look them up and was surprised to see that the 2013 Scott catalog value for the Baltimore invert (#1384m) is $700! I was about to throw them into the scrap box, glad I took the time to look them up.

But I see no listing for the Memphis invert. Does anyone know why there isn't a listing for the Memphis invert? Anyone have any ideas on the value for the Memphis invert?
Thank you in advance for any input/opinions.
don

I am bumping this, it is rare to not have someone reply here in SCF!

I am still seeking opinion on this item, the Memphis invert is not listed in Scott's Specialized. Is it worth getting a cert for and submitting it to Amos? Is there a precancel reference/resource that I should be turning to for additional info?
thanks
don

I don't see it either studebaker I'm sure someone will pop in!

I found mention in a couple of obscure places that the reference to the Baltimore precancel invert holds true for the other experimental cities as well, so basically the values are the same regardless of what inverted experimental precancel is shown.

Interestingly, I went back to a very old Scott Specialized Catalog I have (2002) and there is no listing at all for the inverted precancel; my Scott Specialized (2011) shows the listing but without any value either mint or used; my Scott Specialized (2013) shows the mint value at $700 in italics suggesting that the item is difficult to value accurately (or trades very seldom), which essentially brings us back to supply and demand theory: The true value being what a buyer is willing to pay and a seller is willing to accept for the item.

Here's an eBay reference for you with the Memphis invert precancel from a dealer. It shows a BIN price of $349, which is basically 50% of Scott catalog for the inverted Baltimore precancel listing. (This further supports the idea that values are basically the same no matter what inverted precancel may be shown on the stamp.) Of course, the eBay listing shows no bids, so it may be that even though the variety is "rare" if there is not popular interest in acquiring the item, the value may be questionable if there is not significant enough demand for the item on the secondary market.

http://www.ebay.com/itm/1384-Variet...em2ec633e775

As an active precancel collector, it has always surprised me that these inverts have any premium value. I had asked around in the precancel community about how they got listed in Scotts in the first place, nevermind elevated prices. It's a mystery. They were not bureau printed so the quality control at the four post offices in question is completely unreliable.