reward as well, as collections experience a steady increase over



the years.





It is possible to start your own business if you are experienced,



and already have a good size collection. For information about



becoming a dealer, write to the





American Stamp Dealer's Association



147 W 42nd Street, New York, NY 10036.





HOW TO START:





Some people very early in life collect stamps, it often begins as



a gift of a small package of stamps given to a child, and the



child becomes a collector for life. As the collection grows, some



tools become essential:





* Stamp album



* Hinges



* Magnifying glass and tongs







They can be obtained from a stationary store or your local stamp



dealer.





You can find albums at any price, starting from about $5.00 to



the most expensive one at about $200.00.





Stamps Should always be handled carefully, because the condition



is a very important factor to determine the price of resale



value.





The various grades of stamps are: mint, very fine, fine, good and



poor.





Specimen in outstanding condition often sell at many times their



catalog value, which is the reason not to mishandle any stamp,



which could drastically reduce their value.





If you want to know if you have valuable stamps in your



collection and are really serious about persuing this hobby, you



can buy the Scot's Standard Postage Stamp catalog which lists



every stamp in the world. This is a three volume encyclopedia and



is the complete reference. You can also consult it at your local



library if you don't want to go into the expense for the time



being.





To start your collection, ask everybody you know to save you



stamps they get from different countries, also go through old



letters and small boxes hidden in your attic, chances are that



you will be surprised to see how much you can find. Other cheap



sources of supply are flea markets and garage sales. Start



swapping when you have doubles. There are many philatelic clubs



all over the country and it would be very advisable for a serious



collector to belong to one. This way you will become educated in



this field and learn everything you can before you spend money on



your collection. Stamp clubs also provide their members with



possibilities to exchange and sell your stamps.





You should also read as much as you can about stamps by



subscribing to a philatelic magazine.





WHERE TO SELL YOUR STAMPS:





Stamps are like any other commodity, you can always go to a



dealer who will offer you the current wholesale value of your



stamps, but you can do much better by selling to other stamp



collectors by advertising in magazines and newspapers specialized



in stamp collecting.





Check several current issues of those magazines, it will enable



you to compare the ads with what you have to offer.





If you want to buy stamps as an investment, try to buy few



moderately expensive stamps a year. Always buy quality instead of



quantity, and diversify, do not invest heavily in a single area.





It is our opinion that stamp collecting is one of the best



ways--and safest--to keep up with inflation.

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