Since the whole point of investing is to make money, and the logic of buying low and selling high is the basic mantra of making money, I've decided to liquidate my entire coin collection. With the run up of numismatic prices in the past recent couple of years I figured this would be the most opportune time to 'cash out'. Sell high. With that cash I figured I'd buy into my next investment at what I think is a good low entry point, stamps. Since stamps have come down so much, I'd be buying low. Stamps have no other direction to go, but up. A great time to buy in to a low point. I'll be posting up pix in the B/S/T forum, and contacting a couple of auction houses for the bigger ticket items. Stay tuned......
I would suggest that the philatelic route may not be as underpriced as the present street talk assumes.
As a former stamp collector as a kid, I just can't see going back there again. Stamp collecting seems to have very little interest these days. I don't blame you for selling high, but don't sell your gold yet. Nuh uh.
I think that so few people collect stamps that it's not something where the bulk of the product can appreciate in value. Some items are CHEAP for a REASON. Smith-Corona Type Writer....Blockbuster Video.... Gimbels/Caldors/Korvettes/Bradleys/Montgomery Ward/Sears Roebuck....Nokia Cell Phones....Commodore Computer....Atari. All "cheap" and "on sale" for a reason.
And to think that for the last day or so I've been glued to the For Sale forum, refreshing every three seconds . . . NOT! .
