By Ramesh Kumar Mandal
Stamp collecting is really a very strange pastime. In the world of arts, graphic design and printing, stamp collecting is perhaps the only hobby in which the errors enhance the value of the stamps and make money. If a postage stamp is damaged it becomes worthless but an error in printing add to the value of the postage stamps.
Philately is a vast business and one can invest money on postage stamps, first day cover, special cover, max-cards and other philatelic items guide frequently to greater advantage than accruing from any other form of investment.
The value of stamps is a complex phenomenon governed by a number of factors and like any useful things this is subject to the vagaries of demand and supply. The value of any postage stamp increase when the demand exceeds supply, vast this difference factor will be the increase in value of postage stamps.
This basic condition apart, there are other factors like the number of postage stamps issued – a Drab commemorative of 1 million issue (Rajkumar Shukla) will certainly one day be more valuable than an attractive commemorative of which 4 million postage stamps have been issued.
It is a lot safer, wiser and invariably more profitable to put one\’s money in the bank account than on postage stamps.
Therefore do not consider philately as an investment and live to regard it entertain it as one of the most educative and popular hobbies in the world and many years of happiness await you !