The Stanley Gibbons Group plc (LSE: SGI) announce the official opening of Stanley Gibbons (Asia) Ltd in the heart of Hong Kong’s Central District
Jersey-based Stanley Gibbons Group plc, the AIM listed Company which trades in rare stamps, historical documents, rare coins and select military medals for discerning collectors and investors is pleased to announce the official opening of Stanley Gibbons (Asia) Ltd.Stanley Gibbons (Asia) Ltd has been established by the Group to support the growing market in Asia for premium, British heritage collectibles as trophy assets and investment vehicles following a wave of positive press and consumer demand. “With global economic uncertainty and even the price of gold now falling, we’re seeing increasing interest in customers seeking tangible, historical assets as a store of wealth,” said Keith Heddle, Stanley Gibbons’ Group Sales & Marketing Director.
Prices for select rare stamps are higher than ever with headlines repeatedly proclaiming yet another world record price as stamps shatter pre-sale auction estimates – the world record price for a Chinese stamp has been broken four times in the past year alone.
To track the changes in this fast-growing market Stanley Gibbons launched a China Rarities Index early this year; recording average annual growth at 44% between November 2006 and April 2011. The new Asia office is delighted to offer trophy assets such as a signed, hand-written Mozart manuscript, original Einstein and Bruce Lee letters, as well as major philatelic rarities including coveted examples and multiples of the ‘Penny Black’, the world’s most famous postage stamp. Stock is available to view by appointment only and can be purchased outright or as part of an investment portfolio to provide a hedge against financial vagaries.The official opening will be marked by a reception at the British Consulate-General on 20th October.