Stamp Collecting | Market volatility affecting catalog values of People’s Republic of China stamps
From the article: "...Moneyed Chinese have always used stamps as a vehicle for investment, which has major impact on the market for collectors. When the Chinese economy is in flux, the stamp market reacts, sometimes with more volatility than the economy in general.
In a time of economic instability, such as China is presently experiencing, stamp catalogs, including the Scott Standard Postage Stamp Catalogue, whose values can only be updated once a year at most, have no chance of accurately reflecting the current prices. In the present state of the Chinese economy, Scott catalog values are not a reliable indication of actual market values. ..."
Article Reference: www.linns.com
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