Wednesday, December 16, 2009

Investor William H. Gross Does It Again!

Stamps sold for $3.2M to benefit Smithsonian

Washington Post - Sunday, November 29, 2009; 2:12 PM 
 
Investor William H. Gross has sold two of his major stamp collections to benefit the Smithsonian's National Postal Museum, which plans to build a new street-level gallery.

The stamps from Confederate postmasters in the Civil War and from British North America postal history sold last week for $3.2 million at auction in New York City. The proceeds help fulfill an $8 million donation to the museum that Gross announced in September.

He also has given the museum some of the rarest known stamps from his personal collection.
Gross is the founder of Pacific Investment Management Co., based in Newport Beach, Calif.

The museum's expansion from a basement space near Washington's Union Station is scheduled to open in late 2012. A gallery will be named in Gross' honor.

Stamp collecting enjoys surge in popularity

Stamp collecting is enjoying an unlikely surge in popularity, with dealers reporting a sharp increase in sales.

 
The Royal Philatelic Society said it had noticed a significant rise in membership, while internet auction site eBay reported a 30 per cent rise in stamp sales in the last month alone.

Sellers and experts believe that as a result of the recession, the relatively inexpensive pastime of stamp collecting is becoming fashionable amongst young people for the first time in decades, replicating the transformation enjoyed by knitting in the last few years.
Stanley Gibbons, the world’s leading stamp dealership, said that customer numbers were up by almost a quarter as artists, designers and celebrities acknowledged the appeal of philately.

“Our customers generally used to be over 50 and male, but in the last six months the younger market has turned everything on its head,” a spokesman for the company said.

“It’s something you can start really cheaply. The basic materials are tweezers and a stock-book.
“We’ve hardly been affected by the recession, because it’s a hobby that’s driven by passion. If a stamp you’re looking for becomes available, you’re going to buy it whether there’s a recession or not.”

Celebrities professing ownership of a stamp collection include tennis player Maria Sharapova, pop star Sophie Ellis-Bextor and French president Nicolas Sarkozy.
For this blog post I'm going to continue loading up links of resources that can be used to help you find a stamp society or association.  I have already provided an extensive list of  stamp clubs from around the world and this list just expands upon that.

Feedback required --- If you have a resource that i'm missing please post a reply to this blog and I will add it to my lists.
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