Paul Fraser Collectibles has issued a report on the past year's stamp market, and to no one's surprise one of the highest flying areas are the stamps of China.
The highlight of the season, reports Fraser, is the sale of The Whole Country is Red 1968 error stamp, which sold for $1.15 million. It is the most ever paid for a Chinese stamp.
One can read about other records broken in Asian philately by visiting Paul Fraser Collectibles. There is also good news about the investment potential of Belgium stamps.
Even though you may not have the desire -- or the funds -- to add high ticket items to your collection, having knowledge of such stars of philately is not a bad thing. Though the odds of finding such an item mixed in with a lot of stamps purchased to add to your collection is roughly similar to getting hit by lightning, it has been known to happen, as it did five times with one stamp issue, the Audrey Hepburn German rarity.