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Stamps As A Investment.

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Valued Member
India
56 Posts
Posted 05/02/2011   12:32 pm  Show Profile Bookmark this reply Add indieguy to your friends list  Get a Link to this Reply
For me...well I will be pretty honest stamps are a good investment. Not for the money but for the health of myself. The sheer joy and pleasure that comes from this hobby gives me the energy to work harder and earn.

When I started selling the stamps that I did not need anymore, I didn't incur a huge loss. Some 20% overall. If the same was invested in a car, it would have been 50%.

So, here I am a very happy man with my stamps and accessories and building up all the collections of my choice as much as my pocket permits.

Nuff said.
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Valued Member
United States
278 Posts
Posted 05/02/2011   2:57 pm  Show Profile Bookmark this reply Add Max_Power to your friends list  Get a Link to this Reply
not an investment I started because it was history and interesting-- not to make money.
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Pillar Of The Community
Australia
687 Posts
Posted 05/02/2011   4:19 pm  Show Profile Bookmark this reply Add Perf14 to your friends list  Get a Link to this Reply
Bird watchers don't expect a return from their hobby. I know people that have spent thousands of dollars 'Pimping" their cars, which they never get back. My son's hobby is fishing; he thinks it's a 'good' investment to spend $1200 on a new fishing rod, even though he has quite a few already.

So, why do we 'expect' that our hobby will be a good investment? I would guess that it is because stamps are closely tied to a nation's currency. Hence they are never separated from their original face value. Also the fact that almost all stamp catalogues are in fact dealer's price lists can be confusing and misleading to their true value.

Go to a dealer tomorrow to buy stamps and he will quote you non-stop the CV's and how much better his prices are. Return to the same dealer the day after to sell your stamps and CV's will be scorned and mostly ignored.

I love ebay sellers that quote a CV and then their price at a tenth or a twentieth of that CV, they don't see the immediate implication that what they are selling cannot be worth the stated CV!

If you collect stamps as an investment, then you are likely to be disappointed. If you collect them for fun, you will never be disappointed. Either way, your inheritors will be glad you did not spend that money collecting and emptying whiskey bottles! :)
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Rest in Peace
Australia
631 Posts
Posted 05/24/2011   8:59 pm  Show Profile Bookmark this reply Add huckles888 to your friends list  Get a Link to this Reply
stamps as an investment? - probably not
stamps as a fun hobby? - absolutely
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