Why do people collect stamps?
When people collect stamps, chances are that they will meet new friends who share a common interest during their stamp collecting journey. There are some who collect stamps simply because it opens up the opportunity for them to meet and befriend other people from around the world.
How do I know if my stamp collection is worth anything?
The condition of your stamp is one of the most important factors when determining stamp collection value. Expert collectors understand that perforations missing, faded colors, paper flacks, and other imperfections greatly diminish stamp value.
What President stamps are worth money?
The Top 10 Most Valuable US Stamps
- #10 – Inverted Jenny.
- #9 – Abraham Lincoln Stamp 1867.
- #8 – 1c Benjamin Franklin Stamp.
- #7 – The Declaration of Independence Stamp 1869.
- #6 – Shield, Eagle and Flags Stamp 1869.
- #5 – George Washington Stamp 1867.
- #4 – Benjamin Franklin Stamp 1908.
- #3 – Landing of Columbus Stamp 1869.
Is it legal to resell stamps?
Since unused postage never expires, you can resell stamps. It is 100% legal, and there are no laws prohibiting the resale of postage stamps.
What do I do with unused stamps?
What to do with unused stamps
- Sell them to a stamp buying service. Stamp buying services, like Sell Unused Stamps, will pay you cash for your unused postage.
- Use them to mail letters or packages. Because postage stamps never expire, you can use them for mailing services regardless of their age.
- Ready To Get Paid?
Where can I get a stamp collection valued?
Contact the Philatelic Traders’ Society by visiting its website. They will be able to give your collection an ‘appraisal’ for free and give you advice as to whether or not your collection may be worth something.
Is stamp collecting profitable?
There is very little reliable and independent historical information about the performance of stamps as investments. A long term view is necessary. A quick purchase and sale is unlikely to be profitable. When more traditional investments are doing well, interest in alternative investments like stamps may quickly wane.
How are used stamps worth money?
The used stamps are bought by dealers who pick out any unusual or valuable ones in very good condition to sell to collectors. A second-class stamp can be worth more if it has a fault. The rest are sold as used stamps for crafting or paper recycling. Charities have raised millions over the years.
How do you identify a stamp?
The only way to tell these two stamps apart is to measure their perforations and watermark them. Some stamp designs look the same, but have been issued for different purposes. The only difference when you look at them may be the number of sides with perforations. A sheet stamp has perforations on all four sides.