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Mariana

(14,854 posts)

10. I inherited a bunch of old unused stamps.

Reply to dimbear (Reply #1)

Thu Mar 28, 2013, 10:31 PM

Mar 2013

A few of them were worth a little bit, but the vast majority of them I couldn't sell for as much as face value. However, the USPS informed me they were still perfectly good to use for postage. It took me years to use them up, but use them up I did. Of course, this was back in the days before electronic payments and such were done, so I was mailing checks out every month for various bills.

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has anyone here ever invested in stamps? [View all] arely staircase Mar 2013 OP

That's generally not a good idea except for your own use because stamps are hard to resell. dimbear Mar 2013 #1

i figure postage will go up ahead of inflation arely staircase Mar 2013 #2

I inherited a bunch of old unused stamps. Mariana Mar 2013 #10

Yes. I invested 46 cents in one, and it got my letter all the way across the country in 2 days. Mika Mar 2013 #3

In my layman's opinion, you should REALLY stay away from stamps as an investment. Poll_Blind Mar 2013 #4

Spot on. I prefer gold and silver bullion for the more speculative portion of my portfolio. Peter cotton Mar 2013 #5

that isn't the kind of stamp collecting i mean arely staircase Mar 2013 #7

Man, I tell ya- if that's the case I'd advise even more against it. Poll_Blind Mar 2013 #9

All first-class (non-bump up) stamps are forever now. talkingmime Mar 2013 #6

Only in the sense of "bought a book, put it in a drawer and forgot about it... JHB Mar 2013 #8

Let's see just how well this would work in the real world: Peter cotton Mar 2013 #11