All About Collectible Postage Stamps

stampsThe art of collecting collectible postage stamps is a hobby that has become popular with several millions of Americans as well as people all throughout the world, including young and old alike. Many people that are just beginning with collectible postage stamps enjoy the thrill and the challenge that comes with finding stamps that come from a variety of different time periods. There are also sophisticated hobbyists collecting collectible postage stamps that are rare or particularly valuable because their primary focus is placed on increasing the financial value of the collection that they are putting together. In other words, collectible postage stamps are capable of appealing to a wide variety of different people including young and old, serious or beginner, and for a variety of different reasons as well.

It should definitely be noted that the collection of collectible postage stamps differs greatly from the formal study of collectible postage stamps, which is a concept known as philately. Therefore, not all postage stamp collectors are philatelists, and not every philatelist is a postage stamp collector.

The History of Collectible Postage Stamps

The first ever postage stamp was issued back in the year 1840 in Britain. The stamp, which is known as the Penny Black, pictured an image of Queen Victoria, and it was printed without any perforations, which meant that it needed to be cut out from a single sheet in order to be used by the owner of the stamp.

Postage stamp collecting finally became a hobby in around 1860, and then around the 1920s is when the hobby really began to pick up steam. Stamps that were issued during this period of time do not generally carry very much value because they are still quite widely available today.

Collecting Facts for Collectible Postage Stamps

There are errors that are made when stamps are printed, and this will result in stamp images that are upside down or off center for example, and these collectible postage stamps tend to be the ones that greatly increase the value of the stamp. There are many collectors out there that are specifically looking for collectible postage stamps that contain these types of printing errors since they are rare and likely to fetch a higher price.

Many people that collect collectible postage stamps tend to focus on one specific type of stamp, like those issued by a certain nation for example. Some of the most popular collectible postage stamps are European stamps and Asian stamps for example because they feature stunning artistic qualities. There are other types of collectible postage stamps as well including commemorative stamps, revenue stamps and pictorial collectible postage stamps for example.

Photo Credits: aldo c zavala

Originally posted 2009-10-14 03:18:30. Republished by Blog Post Promoter

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Valuing your Stamp Hobby

romaniastampsMany aspiring stamp hobby collectors end up wondering if it would be possible to get rich through the collection of stamps. The truth is, no, you are not likely to turn a stamp hobby into a million dollar endeavor. Most philatelic stamp hobbyists are never going to become rich from their stamp collections. Rather, most of these collectors are going to collect simply based on the sheer joy of having their collection as well as the thrill that is associated with searching for each individual stamp. Some philatelic stamp hobby collectors get a thrill from the beauty associated with the finished collection, and they also derive joy from the camaraderie that is associated with meeting other collectors. Having said that, it is also important to know that yes, some stamps are valuable.

According to Stamps.org, for example, the 1857 3 skilling stamp from the Banco Yellow of Sweden has a catalog value which is $2,000,000. The United States 1868 1 cent Z Grill stamp is reported to have sold for a value of $935,000 in the year 1988. Assuming that you do not own one of these million dollar stamps, how much is your stamp hobby worth?

Many stamps are only worth equal to their face value or less. Some, however, are worth more. A stamp’s value is going to be based on a number of factors, including the age of the stamp, the rarity of the stamp, whether the stamp is new or used and the condition of the stamp.

  • Older stamps tend to be worth more value than newer stamps. The most valuable stamps are older than 40 years of age.
  • How many of the stamp is currently in circulation? A stamp that is limited edition in nature is going to be worth more than a stamp that was released in mass circulation. If there are ten or less of a stamp, it may be truly valuable.
  • New and unused stamps are worth more than stamps that have already been used on a piece of mail.
  • Stamps that are in excellent condition will be worth more than stamps that are in poor condition. You should be checking for imperfections such as color problems, brightness problems, ink smears and tears in the stamp.

In order to value your stamp hobby, you should buy a book that lists the stamps and their values. Make sure that you are figuring in the condition of your stamp when using these valuation books. You also need to take care to be as objective as you possibly can. Only a professional is going to b able to give you an exact answer on the value of your stamps, but these books are also quite helpful. Check online or in your yellow pages to find a professional stamp appraiser if you want to know what your stamp hobby is really worth.

Photo Credits: karen horton

Originally posted 2009-07-26 05:35:28. Republished by Blog Post Promoter

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