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Future Of Philately

We tend to think of Philately as one hobby when it is really three separate and distinct endeavors, each with its own goals, problems, future and marketplace. The three are Mainstream Philately, High-end Philately and Aspirational Philately. Mainstream Philately is what most of us engage in from the youngster enjoying his first packet to the […]

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Affordable Premium Albums

There is an unfortunate hobby arc that goes like this. A wealthy person decides that he wishes to be an enthusiast, buys an enormous amount of gear, and loses interest before he has gotten any of the real enjoyment out of his new whim. This is the fly fisher who has all the latest Orvis gear or

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Standard For Gum?

Imagine the year 2100. You are starting to collect stamps and have progressed beyond the latest chip hologram issues and are beginning to acquire the stamps of the early twenty-first century. You get all the self adhesive issues, paying special attention to see that none of the adhesive has yellowed with age and that none of the die

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Philatelic Estate Planning

In the 1950s and 1960s our company had an Estate Planning department. Estate Planning (it is so far in the distant philatelic past that it needs explanation) was advice to philatelists on what to do with their collections after they died, especially with regards to estate tax appraisals. This was needed because the level at which estates became taxable was

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Stamp Collecting In The 1930s

The greatest publicity push that stamp collecting ever received was in 1933. Ivory soap promoted a radio show that featured stamp collecting. Called “The Ivory Stamp Club with Captain Tim” the show was a radio stamp club where kids followed along as Captain Tim, for fifteen minutes at a time, three times a week, regaled

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Inflation Hedge

For many years there was no relationship between the price of stamps and the price of gold. The value of gold, in currency terms, was fixed by national governments whereas the price of stamps was left to rise and fall with the market. Gold was decoupled from currency in 1971. The next ten years saw

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Hobby vs A Fad

Who doesn’t know what a Hula Hoop is? Who, of a certain age, never played with a slinky? When the Baby Boomers were kids nearly everyone collected stamps. In my neighborhood there were two different kid organized stamp clubs, created and administered by ten year olds. We were very adult in our social organization skills, spending

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Columbian Exposition

The story of the 1893 Columbian Exposition issue is well known. World’s Fairs, which was what the Columbian Exposition was, were a big thing until the advent of television and theme parks (in fact the last great US World Fair, the 1964 World’s fair in New York, had the first version of the “It’s a Small

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