Claude Jaeger
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The Debt Ceiling
Let’s assume the worst-the Democrats call the Republicans bluff and despite constant finger pointing the US government’s ability to borrow additional money ends. What does this mean for philately? My considered judgement, after weeks of thought and study, is that its hard to say. Conventionally, you would think that any kind of panic, such as…
Monkey Business
Probably no stamp has shot up in value more than the 1980 PRC issue for the Year of the Monkey. Originally this new issue sold mint in the US for under a dollar and the last one we sold brought over $1500. Two factors have brought about this huge rise. The well known reason is…
Postal History
Above is an example of what you can do with postal history and the interest and study that it offers (click on the illustation to enlarge it)
Highest Face Value Stamp Ever
Prices and the value of money are difficult to evaluate over time. Readers of Victorian novels know that in the late Nineteenth Century an income of about 150 Pounds a year was the minimum needed to live as a gentleman (Trollope says tartly “an embarrassed gentleman, yes, but a gentleman”). That was three Pounds a…
Save Your Money
By the way that some collectors squander their money, you would think that they had an overabundance of it. Throughout philatelic history, collectors have rarely been as careful as they should have been. In the late nineteenth century, few collectors scrutinized where they bought their stamps, and so reprinters and counterfeiters abounded during this period. One…
Prices Ahead
The value of most United States stamps have been falling over the last twenty years, and the CPI has been rising. Critics have claimed that the CPI overemphasizes increases in food, fuel, and housing (until the last few years, at least). We have not understood that price increases have been commodity driven and that many existing goods and non-commodity goods…