Stamp collecting
Stamp collecting is the collecting of postage stamps and related objects. It is an area of philately, which is the study or study and collection of stamps. It has been one of the world's most popular hobbies since the late nineteenth century with the rapid growth of the postal service, as a never-ending stream of new stamps was produced by countries that sought to advertise their distinctiveness through their stamps. Collecting. Stamp collecting is generally accepted as one of the areas that make up the wider subject of philately, which is the study of stamps. A  philatelist may, but does not have to, collect stamps. It is not uncommon for the term "philatelist" to be used to mean a stamp collector. Many casual stamp collectors accumulate stamps for sheer enjoyment and relaxation without worrying about the tiny details. The creation of a large or comprehensive collection, however, generally requires some philatelic knowledge and will usually contain areas of philatelic studies. Postage stamps are often collected for their historical value and geographical aspects and also for the many subjects depicted on them, ranging from ships, horses, and birds to kings, queens and presidents. Sales of postage stamps  are an important source of income for some countries whose stamp issues may exceed their postal needs, but have designs that appeal to many stamp collectors. History. It has been suggested that John Bourke, Receiver General of Stamp Dues in Ireland, was the first collector. In 1774 he assembled a book of the existing embossed revenue stamps, ranging in value from 6 pounds to half a penny, as well as the hand stamped charge marks that were used with them. His collection is preserved in the Royal Irish Academy, Dublin. Postage stamp collecting began at the same time that stamps  were first issued, and by 1860 thousands of collectors and stamp dealers were appearing around the world as this new study and hobby spread across Europe, European colonies, the United States and other parts of the world. The first postage stamp, the Penny Black, was issued by Britain in May 1840 and pictured a young Queen Victoria. It was produced without perforations (imperforate) and consequently had to be cut from the sheet with scissors in order to be used. While unused examples of the Penny Black are quite scarce, used examples are quite common, and may be purchased for $ 20 to $200, depending upon condition. People started to collect stamps almost immediately. One of the earliest and most notable was John Edward Gray. In 1862, Gray stated that he "began to collect postage stamps shortly after the system was established and before it had become a rage". Female stamp collectors date from the earliest days of postage stamp collecting. One of the earliest was Adelaide Lucy Fenton who wrote articles in the 1860s for the journal "The Philatelist" under the name Herbert Camoens. As the hobby and study of stamps began to grow, stamp albums and stamp related  literature began to surface, and by the early 1880s publishers like Stanley Gibbons made a business out of this advent. Children and teenagers were early collectors of stamps in the 1860s and 1870s. Many adults dismissed it as a childish pursuit but later many of those same collectors, as adults, began to systematically study the available postage stamps and publish books about them. Some stamps, such as the triangular issues of the Cape of Good Hope, have become legendary. By the early 2000s stamp collecting was seen to be in decline as the digital world surpassed traditional hobbies even though  by 2013, "The Wall Street Journal" estimated the global number of stamp collectors was around 60 million. Equipment. A few basic items of equipment are recommended for proper stamp collection. Stamp tongs help to handle stamps safely, a magnifying glass helps in viewing fine details and an album is a convenient way to store stamps. The stamps need to be attached to the pages of the album in some way, and stamp hinges are a cheap and simple way to do this. However, hinging stamps can damage them, thus reducing their value; today many collectors prefer more expensive "hingeless mounts . Issued in various sizes, these are clear, chemically neutral thin plastic holders that open to receive stamps and are gummed on the back so that they stick to album pages. Another alternative is a stockbook, where the stamps drop into clear pockets without the need for a mount. Stamps should be stored away from light, heat and moisture or they will be damaged. Stamps can be displayed according to the collector's wishes, by country, topic, or even by size, which can create a display pleasing to the eye. There are no rules and it is entirely a matter for 	Stamp collecting
23093960	the individual collector to decide. Albums can be commercially purchased, downloaded or created by the collector. In the latter cases, using acid free paper provides better long-term stamp protection. Acquiring stamps. The main ways of acquiring stamps are through retail market stamp dealers who have on line websites, or post on eBay or like forums, and conduct local stamp show dealer bourse events. The way to buy wholesale is to attend auctions and there are many auction companies around the world that offer regular auctions, most lots sold at one advance over the underbidder no matter what the price	Stamp collecting
23093961	. These are called unreserved auctions. Reserved auctions are the same except a minimum price or reserve" is set to ensure the stamp does not sell below this level. If during the auction there are no bidders for the lot at the reserve price then the lot will be left unsold in the auction. Buying at auction takes knowing the market and what stamps are worth at both a wholesale market level and what they can be then sold for in a retail market. Stamp value's are heavily skewed to quality. The same stamp can sell for drastically different prices  due to quality. The most sought after stamps are those that are fresh, have white non-toned paper, have no hidden faults like hidden creases or thins, do not have any repairs and have not been regummed with fraudulent gum. Stamp pricing is also based on the look of the stamp, and the stamp that has an image that is very well centered will sell well. Mint (not used) full original gum stamps that have never been hinged will always sell for premiums. It is important to have certificates for rare and high quality stamps to certify they are fault  free and genuine in all respects. Foundations like the Vincent Graves Greene are well respected for certifying Canadian stamps. They check for hidden faults like creases, tears and thins as well as lightened cancellations, repairs, reperforated perforations and re-applied (regummed) fake gum. Stamp list pricing is set in various stamp catalogues. For US and Canada stamps the standard catalogue is the Scott catalogue using Scott numbers. For Canadian stamps there is a specialized catalogue called the Unitrade. This catalogue reflects more accurately the actual values of the stamps vs the Scott catalogue values. Typically stamps will sell at auction  for a range of 10 to 30% of catalogue list price, but if the stamp is of the very top quality then the sell price may exceed the catalogue list price. As with many collectibles with no inherent value, sell pricing is set by the market bidding on the item at the time. Many collectors also ask their family and friends to save stamps for them from their mail. Although the stamps received by major businesses and those kept by elderly relatives may be of international and historical interest, the stamps received from family members are often of the definitive  sort. Definitives seem mundane but, considering their variety of colours, watermarks, paper differences, perforations and printing errors, they can fill many pages in a collection. Introducing either variety or specific focus to a collection can require the purchasing of stamps, either from a dealer or online. Online stamp collector clubs often contain a platform for buying/selling and trading. Large numbers of relatively recent stamps, often still attached to fragments or envelopes, may be obtained cheaply and easily. Rare and old stamps can also be obtained, but these can be very expensive. Duplicate stamps are those a collector already has  and are not required, therefore, to fill a gap in a collection. Duplicate stamps can be sold or traded, so they are an important medium of exchange among collectors. Many dealers sell stamps through the Internet while others have neighborhood shops which are among the best resources for beginning and intermediate collectors. Some dealers also jointly set up week-end stamp markets called "bourses" that move around a region from week to week. One of the most well known bourses is the Carré Marigny in Paris. They also meet collectors at regional exhibitions and stamp shows. Collecting specialties. A worldwide  collection would be enormous, running to thousands of volumes, and would be incredibly expensive to acquire. Many consider that Count Philipp von Ferrary's collection at the beginning of the 20th century was the most complete ever formed. Many collectors limit their collecting to particular countries, certain time periods or particular subjects (called "topicals") like birds or aircraft. Some of the more popular collecting areas include: Organizations. There are thousands of organizations for collectors: local stamp clubs, special-interest groups, and national organizations. Most nations have a national collectors' organization, including the American Philatelic Society (APS) in the United States ; the Royal Philatelic Society London and Philatelic Traders Society in United Kingdom; and the Royal Philatelic Society of Canada. The Internet has greatly expanded the availability of information and made it easier to obtain stamps and other philatelic material. The American Topical Association is now a part of the APS and promotes thematic collecting as well as encouraging sub-groups of numerous topics. The Collectors Club, often referred to as the Collectors Club of New York, is a private club and philatelic society in New York City. Founded in 1896, it is one of the oldest existing philatelic societies in  the United States. This club like many others has made the transition to Zoom virtual meetings due to Covid and has decided to keep the forum for the future as membership and attendance at club events has grown substantially since they have made their meetings accessible via the internet. Stamp clubs and philatelic societies can add a social aspect to stamp collecting and provide a forum where novices can meet experienced collectors. Although such organizations are often advertised in stamp magazines and online, the relatively small number of collectors – especially outside urban areas – means that a club may be difficult  to set up and sustain. The Internet partially solves this problem, as the association of collectors online is not limited by geographical distance. For this reason, many highly specific stamp clubs have been established on the Web, with international membership. Organizations such as the Cinderella Stamp Club (UK) retain hundreds of members interested in a specific aspect of collecting. Social organizations, such as the Lions Club and Rotary International, have also formed stamp collecting groups specific to those stamps that are issued from many countries worldwide that display the organization's logo. Rare stamps. Rare stamps are often old and  many have interesting stories attached to them. Some include: Early stamps of the United States are known as classics. Collectors are able to establish the exact position of a stamp on the original sheet of 200 stamps. Rare stamps are often expertized. Catalogues. Stamp catalogues are the primary tool used by serious collectors to organize their collections, and for the identification and valuation of stamps. Most stamp shops have stamp catalogues available for purchase. A few catalogues are offered online, either free or for a fee. There are hundreds of different catalogues, most specializing in particular countries or periods. Collector  clubs tend to provide free catalogues to their members. Notable collectors. The stamp collection assembled by French-Austrian aristocrat Philipp von Ferrary (1850–1917) at the beginning of the 20th century is widely considered the most complete stamp collection ever formed (or likely to be formed). It included, for example, all of the rare stamps described above that had been issued by 1917. However, as Ferrary was an Austrian citizen, the collection was broken up and sold by the French government after the First World War, as war reparations. The Tapling Collection of postage stamps was donated to the British Museum  from the estate of Thomas Tapling in 1891. It currently forms the Tapling Collection in the Philatelic Collections of the British Library. Several European monarchs were keen stamp collectors, including King George V of the United Kingdom and King Carol II of Romania. King George V possessed one of the most valuable stamp collections in the world and became President of the Royal Philatelic Society. His collection was passed on to Queen Elizabeth II who, while not a serious philatelist, has a collection of British and Commonwealth first day covers which she started in 1952. U.S. President Franklin Delano Roosevelt  was a stamp collector; he designed several American commemorative stamps during his term. Late in life Ayn Rand renewed her childhood interest in stamps and became an enthusiastic collector. Several entertainment and sport personalities have been known to be collectors. Freddie Mercury, lead singer of the band Queen, collected stamps as a child. His childhood stamp album is in the collection of the British Postal Museum & Archive. John Lennon of The Beatles was a childhood stamp collector. His stamp album is held by the National Postal Museum. Former world chess champion Anatoly Karpov has amassed a huge stamp collection over  the decades, led by stamps from Belgium and Belgian Congo, that has been estimated to be worth $15 million.