Selling Stamps
There are a number of ways to sell stamps, as there are to buy, and each has its own advantages and disadvantages.
- Auctions may achieve the highest prices but the costs are also high.
- Dealers may be able to act quickly or pay cash but are likely to offer a price at least one third below the normal retail sale price for the stamp as the dealer needs to make a profit on the transaction. Some dealers aim to double their money on every transaction.
- Private sales. Many sales take place between collectors, however, an investor who is not a collector is unlikely to have the personal contacts to secure such a sale.
There is no equivalent of the stock exchange for stamps.
Read more about this topic: Philatelic Investment
Famous quotes containing the words selling and/or stamps:
“Then he entered the temple and began to drive out those who were selling things there; and he said, “It is written, My house shall be a house of prayer’; but you have made it a den of robbers.””
—Bible: New Testament, Luke 19:45,46.
“Even in harmonious families there is this double life: the group life, which is the one we can observe in our neighbour’s household, and, underneath, another—secret and passionate and intense—which is the real life that stamps the faces and gives character to the voices of our friends. Always in his mind each member of these social units is escaping, running away, trying to break the net which circumstances and his own affections have woven about him.”
—Willa Cather (1873–1947)