Its Official (Its over)

Each month I do an informal survey of our ten largest dealer buyers. These are people who buy larger lots and break them down for further resale. Nearly all of the ten are internet sellers. They tell me that business has picked up and been quite good on Ebay and other internet selling venues for at least the last few months. “February and March were awful” one told me “but the last seven weeks have been great”. Perhaps stamps are a leading economic indicator. Our business began falling off in July 2008, several months before the great stock selloff of October and November. It’s been getting better over the last few months as collectors have more confidence and dealers are needing to restock. If you are a stamp dealer email me at jda2006@aol.com and let me know if this comports with your experience.