Numismatics presents a problem so profound that it is ignored by most coin collectors: what to collect. Coins have been issued for well over 3000 years by thousands, if not tens of thousands, of political entities. This has presented a problem for coin collectors that we stamp people have not yet had to face. There are […]
Why Stamp Collecting is Easier Than Numismatics Read More »
For stamp dealers coming of age in the 1960s the stamp world was replete with Europeans who had escaped from Hitler and Stalin. Most were Jews, though looking back through the less opaque lens of our time, I know several were political escapees and at least one was fortunate enough to get out or he would have
Stamp Dealing and Immigration Read More »
Seigniorage is the profit that governments make on securities that they issue, on which they don’t pay interest, and that are retained unused by the public. Cash in mattresses represents a form of seigniorage and, more than anything else, old face value postage stamps held by collectors do as well. The money that collectors have
There Will Always Be New Stamps Read More »
Classic French stamps are among the most interesting. The first issues of France are printed by a method of printing called typography. Unlike engraved plates, typography relies on plates that hold a design by having an ink-holding agent that is applied to the plate do the printing rather than having the metal plate itself hold
Specialized French Philately Read More »
Stamps were a hot hobby in the 1930s, and how hot is best illustrated by the fate of two United States Souvenir sheets that were issued three years apart. When the APS sheet was issued in 1933, the hobby was just beginning its Great Depression ascent. The face value of the sheet was only 12
Every country has peculiarities of its specialization. The Germans have coil numbers printed on the back of stamps and collect their coils in strips of eleven to prove that the stamps didn’t come from a sheet which was printed with rows no larger than ten. The French collect gutter pairs with plate numbers, called millisimes.
Federal Duck Stamps Read More »
Coin collecting has been dominated over the last fifty years by third party grading issues to the point where few serious numismatists buy non-graded coins. Eager grading services have tried to push into philately hoping to enlarge their fee base. So far it hasn’t worked. Some collectors have become enamored of graded stamps but most
Third Party Grading Read More »
Herman Herst Jr.’s book Nassau Street is probably the most readable and enjoyable of all the philatelic canon. It is a series of stories and reminisces about philately in the 1930s and 1940s loaded with good anecdotes about many of the giants of our hobby along with reflections on where the hobby was in the year that
The Best Stamp Book Ever Written Read More »
Stamp collecting has always been an International hobby and there is no better example of this than the issue of measuring perforations. Europeans and Americans differ on how they take temperature(Celsius versus Farenheit) and distance ( miles versus kilometers). But collectors all around the world use the same types of perforation gauges and count perfs
Why Perforations are Measured Like They Are Read More »