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The following article was published in our article directory on December 3, 2021.
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Why Buy a Penny Black Stamp For Your Collection?

Article Category: Advice

Author Name: Richard Malpass

The Penny Black is one of the most sought-after stamps by all serious collectors, as well as being one of the most valuable. A Penny Black is set to be auctioned off in December 2021, and is expected to fetch as much as �6 million.

In this article we will explain some reasons why you should buy Penny Black stamp.

It has great historical value

The main reason why the Penny Black is so collectible is because it is the very first postage stamp. It was issued by the UK�s postal system on May 1, 1840 in an attempt to simplify British postal rates.

Previously, the recipient paid the postage on the mail when it was delivered to them. The postage charged was determined by distance travelled and by the sheet. With the issuance of the Penny Black, postage was set at a flat rate of one penny for letters weighing up to 14 grams (0.5 ounce) regardless of distance.

It is not that rare

The Penny Black was very popular with the public, causing the British postal service to print an estimated 68.8 million stamps to keep up with the demand. Of these, some 1.3 million are known to still exist. Because of this, you can buy Penny Blacks at a variety of price points, making it easier to add to your collection.

The reason some Penny Blacks are more valuable than others is due to factors such as scarcity and condition. For instance, the one that is set to be auctioned off is valuable because it not only came from the very first sheet that was printed, it is also ungummed and in perfect condition.

It is easy to buy one

Because Penny Blacks are still relatively abundant, you can buy one at a comparatively affordable price, depending on the condition. Specimens in reasonable to poor condition can go for as little as �15.

According to experienced dealers, there are three factors that affect the price of a Penny Black:

The plate used. Due to the high demand for the Penny Black, twelve plates were used to print the stamp. Of these, those from plate 11 are the most valuable since only 168,000 stamps were printed from it.
The margin�s appearance. The Penny Black stamps were not produced with perforations, meaning they had to be separated using scissors. Hence, specimens with regular margins are more valuable.
Physical condition. Stamps with serious flaws such as thinning of the paper, tears and creases are, of course, less valuable than those that are in better condition.

How to Buy Penny Black Stamps?

The best place to buy these stamps for your collection is from reputable online dealers. By purchasing from them, you are guaranteed an authentic Penny Black in good condition, which will greatly enhance your collection.

Before you buy, however, make sure you do some research on the history of the Penny Black, as well as the factors that affect it�s pricing. This will enable you to pick the best specimen. Doing your homework will allow you to buy Penny Black stamp with confidence, knowing that you are adding a significant piece of philatelic history to your collection.

Keywords: rare stamps, invest in rare stamps, penny black stamp, invest in penny black stamp, buy penny black stamp, investing in rare stamps, rare stamp collection, how to buy rare stamps, Philatelic investment,

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