Rare Stamps As An Investment For The Rich And Famous

What do you think of this?




An interesting article on the subject at this link:

http://www.minyanville.com/special-...011/id/32476

The returns for QUALITY goods is almost assured. These % returns do not apply to medium and low quality goods. Many people think their engagement and wedding rings, for example, are an investment. they are - 99% of the time - a consumer good - with little sale value. The same applies to "collector's dolls, plates, coins.....and stamps."

Just depends how good your marketing skills are, with some of the goofy deals that have been going down lately, just goes to show you........ Stamps don't have to be rare, just go get yourself a, oh say... Scott US #927 MNH, well centered, pay the princely sum of face value of 3 cents, grade that sucker superb jumbo monster goliath, put it in a capsule. Then sell it to some doofus for a Thousand bucks, and tell him what a great investment he just made.

You're so right...quality is the key. Even the article says something to the effect that the study of these stamps are best left to an "expert". A casual collector can easily overlook seemingly minor flaws in a less than perfect specimen.

If you or I decide that a less than perfect example of a stamp may be good enough for our personal collections (often because we cannot afford anything better) we may be quite happy with it; but by the same token it will never appreciate in value to the degree of what the article states.

I guess that's why they say that stamp collecting is a hobby of "Kings."

Hi

I would like to add another slant to this thread, and that is that the word "RARE" is used all too often. I know it is in the stamp trade and I can count on it being used the same way in other hobbies as well.

I get tired of seeing ads with this word in it. Sometimes it is used for new issues just released. I still gag over the one ad I saw on different ocasions with, 'this is your chance now to buy these RARE Hitler heads for the price of - - - - blah blah blah" and I am talking about the ordinary plain ones too, not the scarce and really rare genuine 'blocked-out Hitler heads'

I am sure there are ads for rare coins, rare postcards, rare guns, and the list can go on and on. The only thing that is truly rare, is the lack of usage of that word <G>

My opinion of course

Chimo

Bujutsu

well I am famous (everyone on SCF knows me ) and I am rich (i have lifetime supply of trebles). how come I dont have rare stamps?