Is Stamp Collecting an Investment? : Page 246


Nevertheless, is the collecting of stamps an invest-ment?"

Let us not be misled by wild and unfounded claims.It is pleasing to reflect that if we had bought a couple ofsheets of the Norse American stamps when they werefirst issued in 1925 our investment of seven dollars wouldtoday be worth several hundred dollars. Just as it ispleasing to reflect that had we purchased some of thecommon stock of some of our large corporations whenthey were selling for a "mere song," we could today reapa fortune. But this is hindsight, a daydream we indulgein to idle away a few moments — not one to which weattach serious importance.

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