Value of rare British stamps increase dramatically
Stanley Gibbons is reporting on their website, http://www.gibbonsstampmonthly.com/, that the newly published Great Britain Rarities Index reveals dramatic long and shorter term rises in the value of the scarcest Great Britain material.
Gibbons indicates 14 stamps out of 30 in the Index have risen in price by 100% or more since 1998. Most notably, an unused 1903 10d dull purple & carmine official (SG O40) has seen an increase in value from £5,000 in 1998 to £20,000 in 2005 (300%), as this area of philately has undergone a rerating by collectors.
Another example, the 1882 £1 brown-lilac (SG 136) has risen from £31,000 to £70,000 (an increase of 125%) over the same period, as its scarcity – only a handful are known in investment grade condition - has become fully appreciated by philatelists.
To view the complete index, click here.
Gibbons indicates 14 stamps out of 30 in the Index have risen in price by 100% or more since 1998. Most notably, an unused 1903 10d dull purple & carmine official (SG O40) has seen an increase in value from £5,000 in 1998 to £20,000 in 2005 (300%), as this area of philately has undergone a rerating by collectors.
Another example, the 1882 £1 brown-lilac (SG 136) has risen from £31,000 to £70,000 (an increase of 125%) over the same period, as its scarcity – only a handful are known in investment grade condition - has become fully appreciated by philatelists.
To view the complete index, click here.
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