Speculation on Stamps
Stamp collectors may recall the interesting history chapter of August 18, 1966, when the ‘England winners’ World Cup 4d stamp reprints went on sale. It may be surprising to learn that while more than 150 million copies of the original stamp were printed, only 12 million copies of the second printing were issued at the post offices. When this fact became known to the public, speculation ran riot.
Supplies were quickly exhausted and jostling was reported in the queues of post offices. Printed copies were sold at a price of up to 40 times higher than their face value. But all the fuss was for nothing. A great part of the original issue was destroyed or used; the rest went to the hands of stamp collectors and was kept safe. Today, the second stamp is... Read More