More Evidence Stamp Collecting is a Winner in a Recession


Are you looking for a way to invest in today's economy, but don't want to play the stock market?

The Whitney Gazette of the United Kingdom reports that "When it comes to the recession, one West Oxfordshire man is hoping that his business has got it licked."

Andrew McGavin of Universal Philatelic Auctions says he has seen a rise of interest in investing in quality philatelic material. In fact, the company's last stamp auction at the end of February attracted more than 1,200 bidders from around the world.

McGavin is quoted as saying, "Stamp collecting looks like being one of the winners of the recession." He went to say, "With interest rates being as low as they are right now, people look at money that is sitting in their savings, and are looking at new ways to make this work."

So investing in stamps may pay off even in today's troubled economy. Add some stamps to your stamp collection today.