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Selling collectable stamps

  • Category :
  • business and economics and toys
  • October 5th, 2007

    I recently decided to sell my stamp collection.  I start collecting when I was in Hong Kong since I was 13th.  It was the thing to do back then.  These are not the thing you cut and soak from the occasional snail mail.  Although recent issues, these are all mint conditioned sort of limited issues.

    But a long time ago I lost interest in collecting (you can’t drink them) and they have been sitting in my closet since.  NYC closet is not cheap, and eating out as my new hobby is expensive.  So I decided to look into ebaying them.  The problem is most items are $1 to $5.  Less than 5% of them worth more than $35, which makes scanning, color correcting, researching detail and posting very inefficient.  The problem exist because they are about as liquid as fine art, but at 1/100000 the denomination.   No long tail here.

    Note to self, never buy illiquid, non alcoholic, non wearable product under $1000 as investments.

    Entry Filed under: business and economics,toys

    1 Comment Add your own

    • 1. ayn  |  November 13th, 2007 at 12:25 pm

      closet/attic space at parents’ house ftw! ;)

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