Philatelic Investment - Selling Stamps

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.

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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.

    In Stamps the segregation was so complete that most Black children didn’t really, absolutely know what whites looked like.
    Maya Angelou (b. 1928)