Investing in stamps is a smart idea for people who are searching for some new ways to improve their income. With financial products such as stocks, cryptocurrencies and indices suffering from fluctuations due to geopolitical developments, alternative investments are gaining ground, especially the ones related to tangible assets. In this article you can read what exactly is stamp collecting and how you can benefit from it.
It’s a pleasure to collect stamps. Collecting is not the same as philatelic selection, which is known as stamp analysis. Nevertheless, producing a valuable or comprehensive collection can require some knowledge of philatelics. For some small countries, stamp collectors are an important source of revenue creating limited runs of elaborate stamps designed primarily to be purchased by stamp collectors. These countries ‘ stamps may well exceed their postal needs. Hundreds of countries, each producing scores of different stamps each year, produced by the year 2000 400,000 different types of stamps. The average annual world output is around 10,000 types.
Many countries permit the production of postage stamps that do not have postal use, but are intended for collectors only. Many countries issue large numbers of low denomination stamps that are packaged for new collectors in starting packages. Official repressions are often printed for those rights by businesses that have bought or negotiated, and such repressions do not see any postal use. All these stamps are often found to be “cancelled to order,” which means they are postmarked without ever going through the postal system. Many national post offices manufacture stamps that would not be produced if collectors did not exist, some to a much more prolific degree than others. Stamp sales to collectors who do not use them for mailing can lead to large profits.
Individuals seeking alternative investments are increasingly turning to collectibles and other tangible, portable assets. This is motivated by a number of financial factors such as volatility on the stock market, fluctuations in currency and economic uncertainties. Philately has a definite position, and with good reason, in this growing interest of investors. Stamps have a proven track record of price appreciation and product availability with ample market depth and global interest over a very long period.
Current market rates have a negative impact on the Internet, making the market much more competitive. Also, stamp collectors ‘ demographics are negative with four collectors starting to die for each new one. The collector base’s shrinking is a trend that will continue for another decade or more. Added to this is that for many years, new collectors usually tend to buy the cheapest stamps before they become serious buyers of higher priced pieces. All this is true, making the current soft market a huge buyer market for stamps of investment quality. While we see market weakness in the market for stamp collectors, the market for investment quality stamps can not be said the same.
With the market for investment quality stamps getting better and better, perhaps it would be wise to check the stamp collection option in a more thorough way. Expanding your portfolio in such complex financial conditions is a good idea to make some profit from relatively unknown sources.