He plans to have two of the 21 exhibitor stalls at the show.
"You collect history and works of art when you collect stamps," Mr Graves said. "And what you're always looking for is the flaws in the stamps, the things that make them different and valuable."
Like all in-demand collectibles, stamps appreciate in investment value according to their scarcity. And the best thing a stamp collector can find is a mistake.
Mr Graves pulls out a 1996 New Zealand health stamp, featuring a baby buckled into a carseat, with a teddy bear buckled in alongside.
"The problem was, the carseat's facing forwards, not backwards. Plunket took one look at the stamp and said: `Please, no, that's dangerous, babies have to face backwards'."
Printing was stopped a few days before issue, but several hundred of the earlier stamps got out. On day one, they were being sold for $100 each. Today the market value is $1350 or more.
Palmpex is being staged by the Manawatu Philatelic Society.
Show chairman David Smitham said it would be opened by Governor General Sir Anand Satyanand, whose wife, Lady Satyanand, is an avid stamp collector. More than 7500 pages of stamps and postcards would be on show, with local and international collectors coming to trade knowledge and to fill holes in collections.
There is a competitive aspect as well and a new class this year is the New Zealand Championship, which Mr Smitham said would attract the best New Zealand-owned exhibits.
Palmpex 2010 opens on Friday at Arena Manawatu. It will be open from 10am daily, from Friday to Sunday.
Source: http://www.stuff.co.nz/national/4321272/Big-show-centred-round-tiny-mistakes/
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