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Competition

Nobody has yet improved on Adam Smith’s version of capitalism.  Put different companies and concepts in the economic arena and the invisible hand will pick the most efficient idea and the one that, at its price, most people want to consume. But for the invisible hand to work, the competition has to be fair. And for

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Iceland Parliment

The Althing is the parliament of Iceland and is considered to be the oldest Parliament in the world (though whether this is “continuous” or not is subject to some dispute). But the Icelanders are rightfully proud of their Parliament’s longevity and have publicized it on two 1930 sets which commemorated the one thousandth anniversary of

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Why and When

One often sees discussions concerning repairs on lower priced stamps. While collectors do need to be careful about repairs and alterations it is important to remember that stamps are repaired for a reason and that reason is so they can be sold as non damaged items at higher prices than they would be otherwise. Thus repairing a stamp is

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Numerical Stamp grading

Our modern philatelic trend of specialization has been partly the result of a world wide glut of new postal issues that have made most collectors unable and unwilling to collect worldwide stamps. Another less commented on change in collecting habits has come from this overabundance of new issues too. It is the increasing emphasis on

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Colonial Differences

Collectors either esteem or denigrate the earlier stamps of British Commonwealth and they do so for the same reason. From about 1890 to the QE II period (1953), the stamps of nearly all the Commonwealth colonies are the same-small stamps with a portrait of the reigning monarch (either Victoria, Edward, George V or George VI)-distinguished by stamp collectors

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