Download this report as an MP3 sound file.
For broadcast on CBS Radio Network stations August 14-15, 2004:
Not Dead Yet
The Stamp Collecting Report, I'm Lloyd de Vries.
Think stamp collecting is dying out?
"Profit before tax was up 86% on the same period last year."
RUNS :05
Mike Hall is chief executive of Stanley Gibbons in London, one of the biggest stamp dealers in
the world.
"We're enjoying a strong philatelic market at this time, and with a renewed interest in stamp
collecting worldwide."
RUNS :06
For everyone, Hall says, not just his firm. It's partly because so many Baby Boomers are
retiring...
"...which is the most-common age for people to rekindle childhood hobbies, one of the main ones
being stamp collecting."
RUNS :07
While the markets in Britain and the U-S may be graying, that's not true everywhere.
"The Far East is a new market, with a lot of youngsters very keen on the hobby...A typical
stamp show in, say, Hong Kong will attract 200,000 visitors."
RUNS :10
Another factor, Hall says, is the Internet, which, for the first time, allows truly global
trading.
And that's Stamp Collecting this week.
I'm Lloyd de Vries, CBS News.
----------------------------------------------------------
Go to Previous Report
Go to Next Report
Go to Report Index
Return to Virtual Stamp Club Home Page
|