Whether you’re interested in starting one or have been at it for years, creating a stamp collection is a rewarding and exciting hobby. Residents in Cincinnati, OH, looking for more information often turn to Randy Scholl Stamp Company for expert advice. Below, they list some inquiries they frequently get and provide useful answers you can apply to your collection. 

What You Should Know About Stamp Collections

Who Determines Stamp Value?

The resale market determines the value of these items. While rarity is important in some circles, demand to own particular stamps is the leading determination. As such, their price tag can change over time. To get a sense of what you have and your collections overall worth, visit an experienced stamp dealer like Randy Scholl Stamp Company for an appraisal. 

How Should You Store Stamp Collections?

When it comes to stamps, appearance is everything. Invest in special albums for storage and always wear gloves when handling them. As a general rule of thumb, make sure your pieces are kept in a temperature-controlled room that isn’t overly humid. Avoid exposure to unnecessary light or moisture to keep them in mint condition. 

Where Can You Find a Stamp Appraiser?

Most businesses that buy stamp collections also appraise them. Reach out to fellow collectors in your area to see where they go for appraisals. Don’t hesitate to have your stockpile evaluated by multiple sources for comparison.

Is It Better to Sell or Hand Stamps Down to Younger Family Members?

Managing a stamp collection is up to the individual. If a family member expresses interest in the hobby or there is sentimental value attached to any of your favorite pieces, it may be worth passing on. That being said, you’ve worked hard to maintain your stamps. Don’t be afraid to cash in when you’re ready to move on to new activities. 

Becoming a collector is an exciting journey that can be both fun and fulfilling. If you’re new to the practice, an experienced stamp dealer like Randy Scholl Stamp Company is a fantastic resource to add to your knowledge and enthusiasm. Visit their website or call them at (513) 624-6800 to have your current albums reviewed. If your lot has a net value of $5,000 or more, they’ll even come to your home for your convenience.