Stamps - A Sticky Investment
Sunday, February 17th, 2008There are people who collect stamps, and then there are people who collect stamps. This hobby is soon to become an investment form. Like coins, rare stamps are becoming more and more popular; those who have it earn a real good amount for them from other enthused people.
Unlike a normal stamp collector, who generally tries to “fill the spaces” in his album, and obtain as many different stamps of the country that he collects as he can afford, the philatelic investor endeavors to find those stamps within his chosen collecting area which will increase in value the most over time. He will always be looking for only a few different issues of a particular country, and will buy multiple copies of those issues.
While it is true that, worldwide, most collectors prefer unused stamps, many will also collect used, and some collect used stamps exclusively. Generally, unused stamps of an issue are worth more than the used stamps, and often, considerably more.
Like all collectibles, the value of a rare stamp is determined by its desirability by other collectors, investors, dealers, or museums. At its most basic level, the factors which determine a particular stamp’s supply or rarity are the number of stamps printed and the number of stamps later used and or destroyed once the stamp is no longer in circulation.
Many times when starting a new stamp collection, it is hard to decide what stamps to collect. Should I collect mint stamps, mint never hinged stamps, used stamps? It truly is up to you and you alone. There are many topics you can collect (such as Disney, Trains, Flowers, Horses) or you may collect single countries (England, France, Russia, Poland, Germany, Zambia, Italy etc.) or areas (such as French Colonies, British Colonies, German Colonies etc.).As you can see the list is endless. However, what it boils down to is this a hobby or an investment.
If this is a hobby, make it fun. Decide what you want to collect, not what other people think you should collect. Don’t be afraid to go looking for stamps, go to the post offices, specialty stores, search online for people selling stamps and go to the library and look for stamp catalogues. You can also subscribe to magazines and newsletters on stamp collecting, and from there you will be able to see ads for different stamps being sold, or where to look for them. You can even find out if there will be any Stamp Trading Shows in your area or an area close by. Those are always a good source for finding new stamps or even for gathering the information you will need to start investing in your newfound hobby. You can also talk to other Stamp Collectors and get information from them, or perhaps even trade with them. One thing you should know as well is that you do not need to spend a whole lot of money doing this if you do not want to. A lot of stamps can be found for free, by getting them as gifts or like mentioned before, finding them on the mail that comes in daily at home. You spend as much as you want to; this is not a hobby that requires a huge amount of money be spent on it, in order for you to enjoy doing it.