Factors behind the rising prices of collectibles such as Rare Stamps
In a recent article on ThinkAdvisor’s website, Keith Heddle, global head of investment with Stanley Gibbons, talks about several forces supporting the demand for rare stamps, at least for the foreseeable future. ” (…) The first—no surprise here—is demand from wealthy Chinese collectors and investors. Speaking simplistically, he says, many of them have accumulated sufficient “bling” assets and are seeking something “a bit more considered and less flashy.” One reason for this cohort’s interest in stamps was Chairman Mao’s ban … Continue reading →