Home / stamps / Marking to market is a devalued exercise (eFinancial News)

Marking to market is a devalued exercise (eFinancial News)

Just over 35 years ago, my father developed an unhealthy obsession with investing in stamps. He bought sheet after sheet of them, each distinguished by appearances technically different to the norm. In succeeding months, he often brought our attention to stamp catalogues that suggested their overall value was rising exponentially.

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