Greetings Steve, Et al, Am I the only one who has noticed both early & late MNH Icelandic stamps values really softening? One might surmise the economic problems of not only Iceland, but many of the European nations, having to do with the 'dumping' of quite a bit of Iceland stamps on the market. However, I'm sure it is not as simple as just that. I would enjoy hearing others opinion regarding this observation as I don't see this happening w/ either British Commonwealth, German, or U.S. material. Thanks for your patience in considering this screed, H.G. (Not Wells)
H.G.L Ihave not really been watching the market on many stamps so could not comment, i have a very small Iceland collection at the moment, but it will be interesting if anyone else has n oticed and have a few answers, as SG say all stamps are gaining 10 percent value each year, but sometimes i think they make stuff up just to seel their stamps lol Steve
Nothing out of the ordinary I would suggest an observation which certainly would not resemble dumping. May just be a case of needing to change a collecting field, exchanging one Country for another and just a few too many making it conspicuous. I would say China is being over-offered presently
Thanks to both Phil...NZ & Steve as I can always count on receiving an opinion from them when I pose a question. I did not realize there was so much chinese material up for sale at this time. Albeit the Chinese peoples are really pushing to buy back all sorts of other cultural icons. Also did not know that SG claimed a 10% increase in most stamp material per year. If true, it would certainly beat most other investments. I have always thought of Stamp collecting more of a joy than investment but hardly anyone likes to pay 600USD for a set that, they find 5 years later, is being sold for 198$. Cheers to all from Rainy Houston today, Hg2
Investment material of $10000 plus perhaps. I have always used the rule of thumb in the past - every 4 years an increase of 10% for the normal run of stamps on demand. This hypothetically would change with less new stamps postally used and the en mass common material. The former going up and the the latter getting less, in value. But as you say and I too believe, what we do for enjoyment has not really a price tag.
A bit off topic but is New Zealand/Australia approx. 16 hrs. ahead of the Central US Time zone? And of coarse I am in complete agreement w/ your statement. HGG
16 Hrs could be about right as the day starts near this end but I watch the sunshine - http://www.qlock.com/time/
While its only 7:53 am Saturday here in New Orleans, its 2:53am Sunday in New Zealand..... lol Only 19 hours different
