Friday, September 9, 2011
Go for Quality – Not Quantity
He goes on to say, "Every few weeks, I was inundated with envelopes full of colourful mint stamps from places such as Pitcairn Islands, Turks and Caicos, St Helena, New Hebrides Condominium and St Kitts Nevis Anguilla and I dutifully used hinges to stick them into expensive leather-bound albums.
"Finally, after about three years, my Godfather realised that I was not really interested in philately and stopped the supply. A decade or so later I decided to sell this huge collection of thousands of stamps and put the money towards a deposit on a house.
"I was appalled to be offered, by several different dealers, only about £200 for the lot, which worked out at about a halfpenny each.
"I didn’t dare tell my uncle what they were worth – but the message is plain: in collecting, as with many things in life, go for quality – not quantity."
To read the entire article, click here.