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:
“Whether talking about addiction, taxation [on cigarettes] or education [about smoking], there is always at the center of the conversation an essential conundrum: How come we’re selling this deadly stuff anyway?”
—Anna Quindlen (b. 1952)
“In Stamps the segregation was so complete that most Black children didn’t really, absolutely know what whites looked like.”
—Maya Angelou (b. 1928)
Related Phrases
Related Words