Posts Tagged ‘stamp price’

What Determines the Price of Stamps?

 

What makes on stamp more valuable than the other?  Why are some stamps literally worth millions of dollars while other similar issues remain available for only a few dollars? 

The simple answer to those questions is, of course, supply and demand.  High demand and limited supply drive prices upward.  Surpluses or scant interest can make prices drop.  That simple economic answer, however, does not really shed a great deal of light on the particulars of stamp collecting.  Let us take a moment to look at the factors that determine the market value of stamps. Read the rest of this entry »