Monday, August 01, 2005

LINNS Stamp-Market Survey

According to article by Michael Laurence on the website, stamp sales in the United States came "roaring" back in 2004.

Linn's 11th annual stamp-market survey shows that retail sales volume in the U.S. stamp market totaled $949 million last year, a 13 percent increase over 2003.

According to the article, "Most of the increase — 70 percent of it — came from improved collector sales by the U.S. Postal Service. But sales in traditional stamp-market channels also improved. Auctions, bourses, mail-order and online sales all grew substantially. Of the 16 sales channels Linns monitors, sales were up in 10 channels, unchanged in five and down in only one."

David Failor, Postal Service executive director of stamp services is quoted as saying, " stamp retention revenues increased in just about every category. When compared with similar subjects in prior years, the following stamps all saw at least a 15 percent increase: Pacific Coral Reef, Chinese New Year, John Wayne, Madonna and Child, and James Baldwin."

To read the entire article click here.
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posted by Don Schilling at 12:01 PM