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Rasdale Stamp Company Acknowledges the Role of Professional Stamp Dealers in the Philatelic Industry

Illinois philatelic firm, Rasdale Stamp Company, has discussed the important role played by professional stamp dealers in the philatelic industry. The company has published a blog article explaining why the philatelic industry would not prosper if dealers were eliminated.

 

Westmont, IL -- (SBWIRE) -- 08/31/2018 -- Rasdale Stamp Company has noted the importance of professional stamp dealers in the philatelic world. In a recent blog post, the company has indicated that professional dealers create and sustain the stamp market as well as financing philatelic publications and major stamp events through advertisements and other commercial means.

Rasdale Stamp Company has stated that the philatelic industry would be at a noticeable disadvantage if professional dealers were eliminated from the purchase and sale process. Responding to a recently published letter by a collector who insisted that professional stamp dealers were an unnecessary inconvenience in the philatelic industry, the company has offered four main reasons why professional stamp dealers are important in the stamp industry. The writer of the letter had argued that removing professional dealers, who act like middlemen in philatelic transactions, from the equation would enhance the variety and quality of stamps in the market as well as speeding up cash flow. Rasdale has countered this argument by highlighting four important roles played by professional stamp dealers in the philatelic industry.

According to Rasdale Stamp Company, professional stamp dealers provide a ready market for buying and selling stamps and other philatelic collectibles. They risk their capital when buying stamps from collectors thereby offering a convenient way of transacting in the philatelic industry. The other reason why professional stamp dealers are essential in the philatelic industry is because they regulate and sustain the market dynamics of supply and demand in the philatelic industry. They set prices and ensure that philatelic collectibles do not become worthless like seashells and matchbook covers. Rasdale also points out that professional stamp dealers subsidize commercial philatelic publications through advertisements. And last but not least, professional stamp dealers finance major stamp shows and exhibitions by renting booths, advertising, and donating to awards committees.

Some of the societies, associations, clubs and boards supported by the company can be found at https://www.rasdalestamps.com/about.asp, as well as an event calendar.

About Rasdale Stamp Company
Founded over 85 years ago in Westmont, IL, Rasdale Stamp Company has been dealing and auctioning rare stamps, coins, and other philatelic collectibles to collectors from all over the world. The company hosts four major stamp auctions every year starting from February, May, August, and closing on November. Rasdale is a member of many accredited stamp organizations including the American Stamp Dealers Association (ASDA), the Midwest Stamp Dealers Association (MSDA), the National Stamp Dealers Association (NSDA), the American Philatelic Society (APS), the American Topical Association (ATA), the Southwest Collectors Club, the Ann Arbor Collectors Club, and the Bureau Society.

The stamp company ca be followed at http://www.mycityfaces.com/rasdale-stamp-company/bus-23495/.

Name: Rasdale Stamp Company
Contact: Kim Kellermann
Address: 35 Chestnut Avenue, Westmont, IL 60559
Phone: 630-794-9900
Fax: 630-794-9958
Website: https://www.rasdalestamps.com/