Rare stamps fetched high prices at an auction as they established new world records. ZurichA Asia, one of the leading stamp auction houses in the region, held the auction house on September 29, 2013 featuring rare stamps, philatelic treasures and works of art in Hong Kong. The top-selling lot was a horizontal pair imperforate-between variety of 1885 Small Dragon 1 candarin which realized HK$920,000 (US$119,171). Establishing a new world auction record, the pair boasts the brightest color … [Read more...]
Penny Black
By Aulia R. Sungkar. Published in HighEnd, August 2012 edition. The popularity of the world’s first postage stamp continues to increase with higher appreciation value. While philately offers an esoteric form of investment, it was Sir Rowland Hill who initially proposed the radical reform of the postal system to the British Parliament in 1837. Three years later, in 1840, the United Kingdom introduced the Penny Black, the world’s first postage stamp. May 1, 1840 historically marked … [Read more...]
The Surprising Value of Stamps
By Aulia R. Sungkar. Published in HighEnd, August 2010. People collect stamps for different reasons. While some collect them purely as a hobby, there are many collectors are engaged in philatelic investment for the purpose of realizing a profit. Philatelic investment was booming during the 1970s. However, the business declined due to a speculative bubble of rare stamps. Not until the beginning of 1990s did the philatelic investment begin to see the light. Rare stamps are among the most … [Read more...]
