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Reply to: Stamp collecting
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Previously on "Stamp collecting"
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That's a good idea. My kids used to collect stamps, still got them in the attic. Have to check if anything worth a fortune.
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I should clarify that I don't collect stamps, and I'm not thinking of investing in them. Just asking out of curiosity.
Used to collect British stamps as a kid though, and have a big fat album with most of those issued between about 1910 and 1970.
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Not sure if the GPO's franking machines would recognise an upside down penny black from 1850 or something.Originally posted by AtW View PostUse them as intended in the first place - post some nice Xmas cards.
So ironically, you'd be using a stamp worth a million quid, and the recipient would still have to pay excess postage.
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If you buy wisely I can see it being a good investment, and it's not like they take up tons of room like wine vintage computers or classic cars etc.
But like others say it depends on long term demand.
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Ebay them, if go to somewhere repuatable and they will go all Arthur Daley on you and try and rip you off if they suss you don't know their value
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Indeedy. Found a wodge of them in mother's flat.Originally posted by SimonMac View PostI have a loft full of first day covers from the 70's and 80's that my granddad bought for me as an investment, feck knows what to do with them all
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I have a loft full of first day covers from the 70's and 80's that my granddad bought for me as an investment, feck knows what to do with them all
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Considering Stanley Gibbons makes money through selling stamps as an investment vehicle, and as old codgers make up the minority it looks like a dying hobby
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Stamp collecting
I was talking to a friend aged 68 who is a fanatical stamp collector and, perhaps slightly tactlessly, I mentioned to him my impression that stamp collecting is now mostly an old person's hobby.
Although this old geezer claims to have made tens of thousands of pounds over the years buying and selling stamps, and says he now has some fantastically valuable ones in his collection, if it is indeed a dying hobby, the implication is that stamps might not be a good long term investment. After all, they're only worth what someone is willing to pay for them.
What do the congregation think? Is stamp collecting still flourishing, and are young people still seriously getting into it? How about your kids, for example?
Any relevant facts, opinions, or uninformed guesswork and prejudice welcome
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