As for albums, I've never quite understood the desire for really expensive albums like Lighthouse and Palo albums -- unless you have a lot of money to spend and little time to collect stamps so you must have stamp mounts already added. They do make it possible to get the business of mounting your stamps over with quickly. But I have to say a hobby which you want to move along as quickly as possible just doesn't appeal to me. Some of the wealthiest collectors used to have a "Philatelic Secretary" or advisor who would mount their rich boss's stamps for them.Give that some thought.
The high prices of some these really expensive albums always calculate in my head with the "stamps I'll never be able to buy." An entire set of some country's albums by LH, Palo, Lindner, Davo and some other manufacturers, can easily add up to $2000. I can't afford that. See my wife about this if you doubt me.
I do own a couple of the less expensive one-volume LH albums, one for the Faroes, the other for Aland, bought on a whim fairly cheaply. But I'm not sure I should have bought them.Why? Well, after looking through theme a few times, that the stark whiteness of LH pages is tiresome. And the very Germanically ordered layouts seem too stark and plain for my taste. Plus there's the bare bones simplicity of LH page borders. I may not even use these two albums and use my Scott Specialty pages instead -- which were much cheaper. It's odd when the less expensive option is more appealing.
Maybe this is because my favorite album is any album a collector has laid out himself -- and written up himself. I love looking at that kind of personal collection especially in the collector's own handwriting. That may help explain my dislike of sterile album pages. So, take that, Lighhouse! And maybe Palo, too.
As you know, Palo albums use Bill Steiner's page layouts which are good enough, but not especially interesting or clever. No interesting pairings of stamps, no clever groupings, just basically "here's the next stamp issued". The simple borders of Palo pages are no more appealing than the simple borders on other albums. I guess I like my albums to have at least a small amount of fanciness. Ever see some of the really old-fashioned stamp pages that used to be made by Yvert & Tellier or other album makers? Wow! Talk about fancy borders and elegant layouts. Using those, I'd feel like a rich man.
The four-ring Palo page hole punching is clearly there so you cannot use a page punched for three-ring pages, a technique all album makers use so you're forced to buy only their supplements and their blank pages. For some reason, this bothers me, though I understand why they do it. I guess I don't like being forced to use only their system -- probably one reason for the popularity among many collectors of 3-ring albums.
Palo's 4-ring binders are very expensive (nearly $100), but so are Lighthouse binders and others. Among mainstream album makers, only Scott binders don't cost a bottle of really good wine and a nice steak dinner -- just one or the other. A shelf of LH albums (or Palo or others) is $100 each just for the binders. That makes me a little uncomfortable.
And I can also make my own Steiner-Palo pages pretty easily -- without the four-hole punch. I print them at Fedex from Bill Steiner's page layouts. First, I convert them from their PDF format into Word documents and then edit them as needed. If I need to, I can easily hole punch the resulting album pages for 3-ring or 22 ring binders. I have hole punches for both formats. The 22-hole punch took a while to find on
ebay but it will last a lifetime. But since I mostly print on Scott (or Davo or other) blank pages that are already hole-punched, I usually don't even need to do that. Just feed their blank paper through the printer. If I'm using their blank bordered paper, I need to delete the Steiner page borders in Word. It's a little time-consuming, but it's my hobby so I don't mind. If speed is of the essence, well, then splurge on the fancy stuff.
My result is very professional albums with well-printed pages that get put into good quality album binders for no more than half the price of albums made by someone else. In fact maybe one-fourth the price of higher end albums. I like the thought that I've partly made my own albums. I can buy more stamps with the money I've saved, and I collect stamps, not albums.
My printed album pages generally cost me a total of about 70¢ a page. A 300-page album would cost $210 for the pages -- plus the binders. If new, binders will be between $50-100 per binder. (I do have a lot of recycled album binders in "as new" condition which saves me a lot of money). So, a collection with 150 pages in each of two binders will cost around $400, about $200 a volume. Even a huge five-volume collection (Poland, for example) would be about $1K for all the albums. Compare that to Palo or Lighthouse or the others who want you to take out a second mortgage for their albums.
Whatever you choose, be sure to have fun.