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<p>[QUOTE="lrbguy, post: 3573043, member: 88829"]Don't equate the stamp market with the sale of bulk rate postage. People like Frank R have been saving by buying discount postage for years already, but that's not about building a collection. For years people have speculated on buying postage in bulk at face, on the assumption that it would always be worth face value. They never imagined that it would be bought and sold by dealers AT A DISCOUNT, but that was being done in the 60s already with 3c sheets bought in the 40s and 50s. The bulk rate on higher denomination stamps is holding its own, but the low denomination stamps are giveaways since an envelope has only so much room. That was never about collecting, and it is false to equate it with philately.</p><p><br /></p><p>As with coins, the real market barometer is not in the bulk market but rather with the major auction houses. In a boom economic market they are raking it in but on different types of material than 20-30-40 years ago. So what else is new? Unless you are really a market speculator at heart, have no more fear about the stamp market than you do for the market in ancient coins. The advice today is the same as ever: if you are looking to make a profit, you can do better elsewhere. Collecting has a bottom line, but the gist of it all is not about the bottom line.[/QUOTE]</p><p><br /></p>
[QUOTE="lrbguy, post: 3573043, member: 88829"]Don't equate the stamp market with the sale of bulk rate postage. People like Frank R have been saving by buying discount postage for years already, but that's not about building a collection. For years people have speculated on buying postage in bulk at face, on the assumption that it would always be worth face value. They never imagined that it would be bought and sold by dealers AT A DISCOUNT, but that was being done in the 60s already with 3c sheets bought in the 40s and 50s. The bulk rate on higher denomination stamps is holding its own, but the low denomination stamps are giveaways since an envelope has only so much room. That was never about collecting, and it is false to equate it with philately. As with coins, the real market barometer is not in the bulk market but rather with the major auction houses. In a boom economic market they are raking it in but on different types of material than 20-30-40 years ago. So what else is new? Unless you are really a market speculator at heart, have no more fear about the stamp market than you do for the market in ancient coins. The advice today is the same as ever: if you are looking to make a profit, you can do better elsewhere. Collecting has a bottom line, but the gist of it all is not about the bottom line.[/QUOTE]
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