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The stamp was found among old correspondence from British Guiana in 1873 by a 12 year old English schoolboy in Demerara named L. Vernon Vaughn. It was sold to a collector, N.R. McKinnon, for $1.50. McKinnon sold his entire collection to Wylie Hill of Glasgow, Scotland.
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Many times, asked by newcomers to philatelic investment what are the advantages and risks associated with owning quality stamps compared with more conventional investment media. We usually start by pointing out that, as anyone who has followed the stock market for a number of years knows there is no "floor" under the market price of common stocks but there is definitely one for widely collected stamps. |
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Brazil's Bullseyes (so-named because they resemble the animal's eyes) have the distinction of being the second set of adhesive postage stamps introduced by any country. Issued August 1, 1843, they were second only to Great Britain's Penny Black and 2 Pence Blue. It is true that the New York City Dispatch released stamps in 1842, and the Zurich Numerals were issued in March 1843. Those, however, had local status, while the Bullseyes were released by a recognized stamp-issuing nation.
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These items go hand in hand, as the quality or condition of a stamp is an important element in establishing its value. Stamps that meet high standards command much higher prices!
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Scinde Dawk was a very old postal system of runners that served the Indus Valley of Sindh, an area of present-day Pakistan. The term also refers to the first postage stamps in Asia, the forerunners of the adhesive stamps used throughout India, Burma, the Straits Settlements and other areas controlled by the British East India Company. The name derives from the words “Scinde”, the British spelling of the name of the province of Sindh, and “Dawk”, the anglicized spelling of the Hindustani word “Dak” or Post.
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Many people enjoy shopping online where there are great buys of coins that can be found. A person may prefer do his shopping while he is at home because it is convenient and time-saving instead of going out looking for stores that sell collectible coins and other souvenirs.
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Philately is the study of revenue and postage stamps. This includes the design, production and uses of stamps after they are authorized for issue, usually by government authorities, the most common one being postal authorities. Although many equate it with stamp collecting, it is a distinct activity. For instance, philatelists will study extremely rare stamps without expecting to own copies of them, whether because of cost, or because the sole survivors are in museums. Conversely, stamp collecting is the acquisition of stamps, at times without regard for origin or usage.
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