The Popularity of Postage Stamp Collecting

You may be wondering, "Why do people collectjust sold at an auction for $2.7 Million! The
stamps?" Initially, British children saw collecting asUS-made "Benjamin Franklin Z Grill" ones were
a fun game, since stamps were inexpensive tomade with a waffle pattern embossed into the
buy and had vivid pictures. These days manypaper supposedly to prevent the ink from running.
people are prompted to collect because a relativeOnly two were printed before they realized this
passed down the tradition or bought them aprocess was impractical. Now one stamp could
souvenir sheet of stamps. Today over 20 millionget as much as $3 Million!
Americans engage in postage stamp collecting,Internationally, collecting postage stamps often
making it one of the most popular type ofequates with big bucks. For example, the
compilations."Treskilling Yellow" one from Sweden was
In 1840, Britain introduced the "Penny Black" asmisprinted in the wrong color, placing its value at
the first adhesive postage stamp. Little did theyover $2 Million. Historically, Britain's "Penny Black"
realize that this would set off a postage stamp(the first official adhesive stamp) sold for $200 in
collecting craze among the youth, otherwisethe year 2000, and unused went for as much as
known as "Timbromania" (meaning "stamp$3,000!
madness".) As these little hobbyists aged, theyOr imagine owning the "British Guiana Magenta," a
proudly passed their stamp collections down torare stamp with a face value of one cent but an
the next generation and thus a market was born.estimated value of $935,000! There is much
The US caught on to this Timbromania in thecontroversy surrounding this one.
1930s, when the first souvenir sheet was printedSince there is only one known copy in existence,
and the 65-cent "Graf Zeppelin" portrayed asome say that it was an altered 4-cent one,
German blimp. During the Great Depression, manyhowever these claims were disproved. Others
stamps were incinerated since few families couldspeculate that another copy was discovered but
afford a book of stamps during this time period,was purchased by Arthur Hind, who owned the
since the cost of one would also pay for a familyoriginal and who quietly destroyed the copy so he
of four to eat for one week!wouldn't lose the value. In 1999 a forged copy
It became the misprints that became the mostwas found in Bremen, Germany.
coveted in the world of collecting postage stamps.Postage stamp collecting is a fun and relatively
Most serious collectors will try to seek out a rareinexpensive way to collect historical artwork. You
stamp resulting from a printing error. For instance,may begin by browsing a catalog such as Scott
the "Inverted Jenny" is a US postage one fromcatalog (for US postage stamps), or check out
1918 featuring a photo of a Curtiss JN-4 airplaneand for stamps online.
where the plane was mistakenly printedIf you're looking to seriously collecting stamps as
upside-down!an investment, you should begin your quest at
Only 100 were ever printed and a block of fourthe National Philatelic Society.