Friday, June 10, 2011
What's Happening in the Rare Stamp Market?
Keith points out, "...both the Indian and Chinese stamp markets are booming, with Chinese stamps particularly continually breaking all sorts of records at auction; the emergence of 5 new (philatelic) auction houses in Hong Kong in the past year points irrefutably to the region becoming a new powerhouse in stamp trading circles."
According to Keith, "....if you have been undecided about taking out an investment in rare stamps, now is your time to act. Do bear in mind that although the rare stamp market continues to grow, the quantity of premium-grade stamps we have available to us to place in portfolios is tiny - it's just 0.01% of the 3 million stamps we deal with every year."
To read the entire article, click here.