Stamp Collector

‘Defacing’ Stamps Versus ‘Economies of Scale’

ou wouldn’t think the term ‘economies of scale’ would be much use in the world of philately. Notwithstanding, there is an industry wrapped around the hobby, which no doubt means companies servicing it will seek to improve efficiency at certain junctures. However, it is easy to presume this would be along the lines of staff, technology, premises and processes only. The hard reality is this term also applies to stamps. One example is the featured item, which is becoming increasingly

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