Tuesday, October 05, 2010

How To Get Rich Collecting Stamps

Thomas Kelly posts an article about stamps as an investment on the Yahoo! Business webpage

Thomas points out,  "Although many millions have been printed, there are many ways to invest into and enjoy your collection. Quality, scarcity and historical interest are the key themes."

Four things he says you should keep in mind when are..

1. Follow the basics
2. Know what you're looking for
3. Be focused
4. Don't go overboard

Shown above, a 'Penny Black', the world's first adhesive postage stamp. It had a print run of over 68 million, but at that time there were few, if any, collectors and many were simply thrown away. Because the supply is small and the demand high, it is an excellent choice as a stamp investment provided it has clean margins on all sides and is not damaged.

To read the entire article, click here.
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posted by Don Schilling at 12:01 AM