Over on the thread "My Jenny Collection" (
https://goscf.com/t/22717), we find the following comments:
Quote:
Looking at some figures he had written behind the sleeve and now knowing what the market was in the 70's, I find it hard to believe he even kept these.
-eaglebub7
Quote:
These clearly were an investment by your relative. He likely held on to them with the hope that the market would regain its former glory.
-Rileysan
My question is, what did happen to stamp collecting in the 1970s? I get the impression there was some kind of a "bubble", there was a lot of speculation, and when the bubble burst, a lot of people got burned, and swore off stamp collecting thereafter. I also remember seeing an English language Bolaffi Vatican catalog from the period that showed rather high prices for stamps that even today are very inexpensive.
So, to those who were there, what happened?
Posted 02/11/2012 9:17 pm
