INVESTMENT IN PHILATELY –A NEW ASSET CLASS
Philately – in common language –hobby of stamp collecting is almost as old as the system of Currency. The First stamp as such was issued in Great Britain in 1840 but Postal History or exchange of mail has existed even before that.
The Stamp from 1840 till now has undergone a tremendous change and from a mere Monarch’s portrait now it is issued in various types ,forms ,colors shape , material and themes. It is a fascinating hobby which attracts people from all walks of life from Young to Old ,From children to Kings, Men & Women ,Girls & Boys, Rich and Poor. It has transformed from Being a Kings Hobby to great investment class.
The 1cent British Guiana 1856 stamp was recently auctioned for huge amount. Though only one of its kind now known to exist but just imagine the growth of its value from a One cent paper to the present value.
Even in Indian Context The Gandhi stamp of Rs 10 issued in 1948 is worth at least 300GBP approx.(Source SG Catalouge).
Investment in Philately could now be considered as Investment in an asset Class like Mutual Funds, Shares, Property, Gold , Silver etc. However as in any other investment there are certain rules of the game which must be followed before making any investment in Philately.
Stamps as Investment tools
Check these facts: Stamps are regularly sold for $1 million in auctions. The most expensive stamp in the world is worth $2.97 million. Stamps as an investment are usually immune to market jitters.
No wonder financial advisers suggest adding stamps to an investor’s portfolio. Investments in rare stamps can fetch annual returns of over 45%. On an average, rare stamps have given returns of about 10-15% a year in recent years.
A caveat: Rare stamps are not a substitute for traditional forms of investments.
Rudraksh Cap-tech Limited