Awareness of people about philately as a hobby and Investment

Dr. Smita Barge

Volume : VII, Issue : II, February - 2017

Awareness of people about philately as a hobby and Investment

Dr. Smita Barge

Abstract :

Stamps attract people from all walks of life. We can see two categories of collectors, who study stamps with interest and another who buys stamps with an intention to sell them for making profit. Philately is a special hobby, it provide knowledge to stamp collectors about all over the world. Collectors of stamps and postal stationery can exhibit their collection in exhibitions by following the rules of FIP. Investment in rare stamps is also a good option for the investors to gain profit. But from last few years the hobby of stamp collection is declining due to changes in means of communication and entertainment. Philately is a royal hobby and also an excellent tool of investment. This research is based on the behavior of stamp collectors as a hobby and as an investment tool.