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<p>[QUOTE="Frank bugalski, post: 5130121, member: 95461"]I started collecting stamps when I was eight and now I will be 78 on Thanksgiving Day 2020. I still love stamps and enjoy looking at them and my covers.</p><p>For non-stamp collectors covers are envelopes that were canceled on the first day of issue for a given stamp or envelopes that have gone through the mails and are special as a cover carried by a Pony Express Rider. The older items and scarce ones have held a fair amount of their value but anything in the last 70 years dealers pay 50 percent of the face value of the stamp and they only want stamps with a face value of 32 cents or higher. I sent a package out recently and put 252 stamps on it to make up the postal rate. A lot were three and four cent stamps. Yes, it hurts to use them like that but it's the only way to recover what I spent for them. You can buy stamps to use as discount postage on ebay for less than face value to use on your items you've sold on Ebay. As to coins I got interested as a hedge against fiat money and have branched out into enjoying the various issues. Same problem on coins as in stamps for those who have invested in the numismatic value of the coins- the new generations don't collect. Anything. By and large.</p><p>Are we headed to a time when people will own/treasure nothing and rent everything? Monetary authorites are actively investigating bit coin exchanges, digital currency and shrinking the amount of coins their minting as more and more millenials are going cashless. How can a bum beg unless he has a internet account if people on the street c[/QUOTE]</p><p><br /></p>
[QUOTE="Frank bugalski, post: 5130121, member: 95461"]I started collecting stamps when I was eight and now I will be 78 on Thanksgiving Day 2020. I still love stamps and enjoy looking at them and my covers. For non-stamp collectors covers are envelopes that were canceled on the first day of issue for a given stamp or envelopes that have gone through the mails and are special as a cover carried by a Pony Express Rider. The older items and scarce ones have held a fair amount of their value but anything in the last 70 years dealers pay 50 percent of the face value of the stamp and they only want stamps with a face value of 32 cents or higher. I sent a package out recently and put 252 stamps on it to make up the postal rate. A lot were three and four cent stamps. Yes, it hurts to use them like that but it's the only way to recover what I spent for them. You can buy stamps to use as discount postage on ebay for less than face value to use on your items you've sold on Ebay. As to coins I got interested as a hedge against fiat money and have branched out into enjoying the various issues. Same problem on coins as in stamps for those who have invested in the numismatic value of the coins- the new generations don't collect. Anything. By and large. Are we headed to a time when people will own/treasure nothing and rent everything? Monetary authorites are actively investigating bit coin exchanges, digital currency and shrinking the amount of coins their minting as more and more millenials are going cashless. How can a bum beg unless he has a internet account if people on the street c[/QUOTE]
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