Stamp Collecting for Profit

Stamp Collection can be a business built from aserious about pursuing this hobby, you can buy
hobby. Millions of people all over the world collectthe Scot's Standard Postage Stamp catalogue
stamps as a hobby, and the number is growingwhich lists every stamp in the world.This is a
every day. It is indeed an exciting and rewardingthree volume encyclopaedia and is the complete
hobby, and it can also be extremely profitable.Thereference. You can also consult it at your local
price of stamps varies with supply and demandlibrary, if you don't want to go to the expense
due to the number of collectors increasing but thefor the time being.To start your collection, ask
price of stamps is steadily rising, as the supply ofeverybody you know to save you stamps they
stamps diminishes and more people want toget from different countries, also go through old
acquire them.Most people start a collection for theletters and small boxes hidden in your attic.
pleasure and education just like any other hobby,Chances are that you will be surprised to see how
but this hobby offers a financial reward as well, asmuch you can find. Other cheap sources of supply
collections experience a steady increase in valueare flea markets, garage sales and eBay.Start
over the years.It is possible to start your ownswapping when you have doubles. There are
business if you are experienced, and already havemany philatelic clubs all over the country and it
a good size collection.For information aboutwould be very advisable for a serious collector to
becoming a dealer, write to:The American Stampbelong to one. This way you will become
Dealer's Associationeducated in this field and learn everything you can
147 W 42nd Street, New York, NY 10036.In thebefore you spend money on your collection.
U.K and the Commonwealth: Stanley Gibbons Pty.Stamp clubs also provide their members with
Ltd.How to start:Some people start very early inpossibilities to exchange and sell their stamps.You
life collecting stamps, it often begins as a gift of ashould also read as much as you can about
small package of stamps given to a child, and thestamps by subscribing to a philatelic magazine or
child becomes a collector for life. As the collectiononline, do a search for your closest club or
grows, some tools become essential:* Stampmagazine.Where to sell your stamps:Stamps are
albumlike any other commodity, you can always go to
* Hingesa dealer who will offer you the current wholesale
* Magnifying glass and tongsThey can bevalue of your stamps, but you can do much
obtained from a stationary store or your localbetter by selling to other stamp collectors by
stamp dealer. You can find albums at any price,advertising in magazines and newspapers
starting from about $5.00 to the most expensivespecialized in stamp collecting, and on eBay. Check
one at about $200.00.Stamps should always beseveral current issues of those magazines, it will
handled carefully, because the condition is a veryenable you to compare the ads with what you
important factor in determining the resalehave to offer.If you want to buy stamps as an
value.The various grades of stamps are: mint,investment, try to buy a few moderately
very fine, fine, good and poor.Specimens inexpensive stamps a year. Always buy quality
outstanding condition often sell at many timesinstead of quantity, and diversify, do not invest
their catalogue value, which is the reason not toheavily in a single area.It is my opinion that stamp
mishandle any stamp, which could drasticallycollecting is one of the best ways - and safest -
reduce its value.If you want to know if you haveto keep up with inflation.So happy hunting and
valuable stamps in your collection and are reallymay you find the "Penny Black".