Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1890-08-09

Any One Having Million Can Find
Market Tor Them.

Any One Having Million Can Find a
Market Tor Them.
Has any one l,0ob 900 stamps, or 5O0,-
900, or 100, 900? Inc man who has long
been wanted by pc pple who have saved
up stamps and Who have jealousy
guarded them for ears, has been found.
He actually buys Cancelled stamps by the
million or the hundred thousand. This
cheerful news is given for the benefit Of
those who have cried out for informa-
ton from time to time. But the man
who buys them does not expect to sec
them redeemed, nor is he trying to re-
lieve the sufferings Of those who have
carefully boarded the "little green uns
the Scent stamp, the scent stamp,
and the stamp of all kinds. But the
seekers of wealth by stamp selling are
not apt to acquire great fortunes in this
way. II they have only collected few
thousand, or even 100000, they would
better become discouraged and give it
up, for the wholesale market price Of
Cancelled stamps (unless for some partic-
ular reason they are extrinsically moro
valuable) is 500 million. And that is
$40 hundred thousand.
. why do 1 buy postage stamps?" said
g. B Calman to New York reporter
"Why, to sell again, of course.
~Who wants them?"
IF people did not want them l GER
tainly should not buy them.
solve one instance of reasonable de-
mand for them
well, there is big cigarette COM
pany which has Cancelled stamp on a
picture which is given away with every
box of cigarettes. The company uses
millions of them"
Another.
"A certain publication gives stamp
book for 80 many coupons, the coupons
going with the papers.
what kind of stamps do you buy ?"
"All kinds.
"But who wants common green 2-cent
stamps? They are not rare. "
"Well, they are less common in west
ern Bulgaria than in Now York City. l
buy stamps in all parts of Europe and
bring them to America, and ship Amer
lean stamps to all parts Of Europe.
"How many stamps do you buy a
year,"
Il bought over 5o,ooo,0oo last year.
For fifteen years have averaged about
10000, 900 year"
what becomes Of them2"
"Think Of all the shops where stamps
are sold. A great many people make
collections, and the stamps are all gath
cred for them in this way"
"What do you pay for stamps?"
zone hundred dollars for ,000,0 900 of
any kind. l don't care what they are, I
will take them. But pay great deal
more for rare ones, of course. Some
times.people find old stamps which have
been lying around for years. Frequently
they are very valuable.
Suppose you were to get in an order
to-day for 20.000,0 900, could you fill it,"
"Yes.
"Would you buy as many?"
"Yes
Show do you handle them2"
"Those packing cases there are full Of
them. You see the stamps are assorted,
and put in envelopes, and boxed for shi D
ment
ut would not pay, would it, to count
100000 2-cent stamps how do you
manage that?"
"We can estimate them almost pre-
cisely by weight.
80 Cancelled stamps really have a
market value?"
eff they did not, as l said before, I
should not buy them. Bring round a
million or two, in boxes or bales, and
see for yourself There are few things
in these days that are allowed to go to
waste. And he picked up package Of
foreign stamps and gave them to the re-
porter as a nest-egg.