David Feldman Company in Geneva, Switzerland auctions philatelic items with an estimated value of more than 25 million Swiss francs at the 6-day record event starting October 2nd. The items on sale include the greatest rarities from Russia and China as well as full sheets of the first stamps of USA issued in 1847. The auction is expected to attract even more attention than usual since the stamp market has always proved to be quite resilient to acute trends in the financial world. “Stamps have always proven to be a sound investment in troubled times” says Chairman David Feldman… “but more recently this characteristic has been accentuated by the movement of large funds to buy great stamp rarities. People are looking for real assets they can hold and control.”
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