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The Shrinking World of the Stamp Collector (2012)

48 pointsby sidkoabout 6 years ago

9 comments

DanAndersenabout 6 years ago
A question for anyone who does collecting of stamps&#x2F;coins&#x2F;baseball cards, etc.: How do you deal with &#x2F; feel about the trend of the creators of the collected items making things specifically to be collected?<p>A while back I picked up a few cheap pre-WW1 German coins -- fun to have a bit of history for not that much money. I haven&#x27;t pursued coin collecting because I could imagine going down a rabbit hole of spending way too much money on it. But when I see, say, the US Mint releasing special commemorative coins specifically for collectors, my whole interest in the field dries up. It takes a hobby that, in my opinion, would be about discovery and the individual search for something and turns it into merely another consumer product to consume. Same with so many stamps nowadays, being designed and released specifically for collectors to gobble up. And then there&#x27;s baseball cards and Magic cards and &quot;colllector&#x27;s editions&quot; of video game boxes that are all designed as these mass-market products that satisfy the collecting urge in a cynical way.<p>If I did end up really getting into collecting, I&#x27;d think it would be more enjoyable to collect interesting rocks found during travel, or historical items like coins&#x2F;stamps that were all made before the trend of marketing to collectors.
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Scoundrellerabout 6 years ago
The funny thing is that I buy unused stamps off EBay. Some recent deals I got were for about 43 cents on the dollar. But usually they go for 50-60% of face.<p>Been doing this for the last 15 years with no real change in pricing (which really means a loss every year).<p>Mostly 30-50 cent stamps (this is Canada). But ranging from 8c to $2.5<p>I use the smaller ones on regular envelopes. Usually I have some $1 or $2 stamps to make up any balance on packages (or just buy it from the post office).<p>It’s quite a bit of extra profit when I sell stuff.<p>Though my packages probably look a little... Unabombery.<p>I’m sure the receivers get a little laugh when their package arrives covered in stamps.
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radoscabout 6 years ago
It&#x27;s an excellent time to collect super rare stamps. Common stamps declined in value and a lot of abandoned collections are sold for next to nothing so it&#x27;s easier than ever to look for some hidden gems. In 10-20 years, when all the random collections disappear it&#x27;ll be a super specialized market with high prices again based on scarcity. Some years ago when I was into cars, I could buy any beaten up BMWs for less than €1000 including E24 6-series or E9. Sometimes I&#x27;d find a gem in super an excellent condition, and it still followed price trend with an abundance of similar cars for sale. Now with all these cars junked to buy a parts E24 you need to have upwards of €7000.
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neilvabout 6 years ago
A light HN story... Stamp collecting (or was it the Kool-Aid stand) might&#x27;ve been my first &quot;startup&quot;, in early grade school. I casually collected stamps myself, and would get duplicates of interesting-looking ones. So I turned my duplicates into stamp collecting starter kits and supplements, packaged in glassine envelopes with handwritten labels and prices, packed them into my little kid&#x27;s blue suitcase (traveling salesman&#x27;s case), and brought them to school, to sell to other kids. I don&#x27;t recall whether I got any sales.<p>Another stamps-related early sign of disturbing startup inclinations was when, in early grade school, the class would occasionally be put to work, for a fund-raiser, trimming out stamps from boxes of envelopes. I suppose the trimmed parts were going to a company, to soak off, press, and sell. Well, I don&#x27;t know how I&#x27;d even heard this was a thing, but I also trimmed out the addresses from the envelopes, then presented a pile of them to one of the mothers helping out in class, saying we could use them to assemble and sell a mailing list. I might only recall that because one of the mothers told my mom, probably in a &quot;you&#x27;ll never guess what your child said this time&quot; way, and I guess it was a mix of funny and embarrassing to my mom.<p>(After that, there were several non-stamp-related, more-credible childhood &quot;startups&quot;, until I lucked into a hardcore software engineering job. They used to say that stamp collecting was a great way to get children started learning history, but it got me started learning business.)
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xrefabout 6 years ago
Same deal with baseball cards (and all sports cards), they had enormous print runs but then the collectors went away so now everybody who wants a Don Mattingly rookie card already has 7.<p>After finding them completely unsaleable I ended up giving my collection to a family friend who still just enjoys the cards.
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classichasclassabout 6 years ago
I&#x27;ve got a decent coin collection going, and a few legitimately noteworthy pieces like ancient coinage and what I call my conflict diamonds (South Vietnam, Japanese occupation currency, Somali coins, etc.), but I think it&#x27;s ending up a lot like stamps. Except for the very high end museum quality collections, little of most personal collections is worth very much (except in currency its face or bullion value), and I do it purely for the historicity of the artifacts.
GuiAabout 6 years ago
Vinyls, film cameras, typewriters, camper vans, and other objects which have been superseded by the ever turning wheels of progress have known notable regains of interest lately.<p>I wouldn’t be surprised if Urban Outfitters started selling vintage stamp collections.
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reaperducerabout 6 years ago
A couple of months ago I was cleaning out a closet and I found my old stamp collection from when I was a kid. It was fun to look through and see so many stamps from nations that no longer exist.<p>I looked on some auction sites, and it seems like you can buy the collections of the recently deceased at pretty cheap prices. I don&#x27;t know if they&#x27;re worth the money, but if you&#x27;re just collecting for fun, and not for profit, it seems like a good way to beef up your collection.
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lithiumheadabout 6 years ago
This story is 6.5 years old. Wonder how that store is doing now
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