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June 1, 2007
STANLEY GIBBONS CHART : GlobalGiants.com
Photo: Chart showing returns of 150% available from investing in rare Great Britain stamps and the outperforming of the GB30 Rare Stamp Index against the Dow Jones over the last 10 years. (Stanley Gibbons)
Legendary investor Bill Gross will be auctioning part of his multi-million US$ stamp collection for charity on June 11. The stamps are expected to sell for US$5million, a 150% increase on the initial purchase price. Stanley Gibbons Limited, the world's oldest and most respected name in stamps, will be there in New York holding seminars showing investors how to achieve 150% returns investing in rare stamps.
All proceeds from the auction are being generously donated to Medecins Sans Frontieres/Doctors Without Borders, the international independent medical humanitarian emergency aid organisation. The auction emphasises the worth of rare stamps as an alternative investment vehicle. |GlobalGiants.com|
Edited & Posted by the Editor | 2:40 AM | Link to this Post