Tuesday, October 24, 2017

How To Determine The Value Of Your Rare Postage Stamps

By Douglas Howard


Stamps play a vital part of every nation's culture and history. They are printed to honor various events, persons, icons and symbols. Other than being a fun hobby to do, it proves to be a very valuable one. Many people earn a fortune because of their stamp collections. The secret behind the success of any person is in determining the value of a stamp. Once, its value is determined properly; they can be sold at high prices. Now, what are the factors that affect the value of Rare Postage Stamps?

Some are very old, and others have errors or have been released in a small number. Here are a couple of examples of expensive and rare post stamps. The Penny Black is an English postage stamp and is the first of its kind in the entire world. It was designed by Rowland Hill, and it is a portrait of Queen Victoria.

The historical context which defines the appearance of this stamp is the reformation of the postal system. The Penny Black was valued at only 1 penny back then. Today, things have changed, and its value has grown immensely. An example of an extremely rare and valuable US postage stamp is the Franklin Z-Grill. It bears the portrait of Benjamin Franklin, made with a z-grill, which is visible on the back of the stamp.

People that indulge in stamp collecting observe the rise in prices of rare seals. Some stamp collectors also indulge in Philatelic investment. Rare seals are tangible investments and are portable. Collections of rare seals are an attractive alternative to art and precious metals.

Type- The type of stamp also determines its rarity. The most common types are the definitive stamps. These are considered as the stamps used for circulation and postage use. Postage stamp collecting is also focused on collecting the rarest stamp possible. Mostly, the special as well as the commemorative ones are valued higher because of their short duration of availability.

In establishments of this kind, you can find real experts who may provide you with all the necessary pieces of information. Their opinion might shed some light upon the possible gains you might be able to make as a result of selling the stamp in question.

Image- Most of the time, the image on the stamp influence its value. Rare images in a country's stamp line-up are considered as a rare piece. Sometimes, even the errors in the stamp price them exponentially. Errors are one of the deciding factors of rarity since errors in the stamp are very rare. One example is the "Inverted Jenny" of the U. S. Postage stamp. The Inverted Jenny features what seemed to be an inverted print of an airplane design. This error made its value to almost $900,000.

Finding the right collector is an action that should be based on thorough research, so discover the aspects that matter most in this business and start your quest. Even though profit may not come immediately, at one point or another, it will! Just hold your horses.




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