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Re: Stamp collecting ? 

By: lkorrow in POPE IV | Recommend this post (1)
Wed, 06 Sep 17 1:36 AM | 89 view(s)
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Msg. 33156 of 47202
(This msg. is a reply to 33144 by Decomposed)

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De, you have good insights on collecting. This one suggests selling the stamps now and, perhaps, reinvesting the money in gold, although if things get really bad, that will be the first thing the first Dem gov't during or after the fall, if there is a fall, assuming they get elected ever again, confiscates.




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The above is a reply to the following message:
Re: Stamp collecting ?
By: Decomposed
in POPE IV
Tue, 05 Sep 17 10:55 PM
Msg. 33144 of 47202

DG: 


re: "If the economy moves into a boom,
there will be buyers."

I don't think so. I think stamp collecting, as a popular hobby, is dying.

It's been shown that the value of collectibles is strongly correlated to the memories they bring to the collectors.

For instance, Hummel figurines were bought by servicemen at German curio shops as they returned from WWII. Their value peaked in the late 1980s but then began a precipitous decline as the WWII generation began to die off and was not replaced by new Hummel admirers. The children of WWII vets, after all, don't think of Hummels in the same way. $2,000 dolls now sell for $500, and the bottom may not yet be in.

For a variety of reasons, not many people care about postage stamps anymore. I think it mostly has to do with the way that the USPS began to mass produce new stamps, particularly the annoying peel-off stamps - making it harder for collectors to acquire full sets and to put them into albums.

I don't think people write letters the way they used to, either. Nobody communicates that way. They phone or send e-mails. Way back, getting a letter was a big deal and the more meaningful ones would be saved. Who'd do that anymore? Saved letters were a good source for stamps . . . which precipitated into stamp collecting.

That's my theory anyway, and I'm sticking to it. 



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