Queen Elizabeth II passed away in the early hours of Hong Kong time today (9th) at the age of 96.
Cai Fangxiang, the owner of Kowloon Philatelic Centre Co., Ltd., said that stamps from the early days of the Queen's accession to the throne were the most valuable. Among them, a stamp wearing a military uniform in the 1960s was the most popular. The current price is 1,700 yuan, and the "light eye" version can be as high as 17,000 yuan.
However, since the outbreak of the epidemic, due to the decrease in mainland tourists and the release of the circulation of immigrants from Hong Kong, the price of stamps has not risen but has fallen. The Queen's stamp has dropped from the peak of 5,000 yuan to 2,800 yuan, a drop of 44%.
He advised the public to think twice before buying stamps, "There are so many stamp matchmakers, I'll tell you a little bit, and if you ship them out, fools will buy them."
On the first day of the Queen's death, the famous shopping mall in Hao Mong Kok, which sells collectibles, was sparsely crowded today. Only a few people in the mall asked for prices, and several shopkeepers chatted to pass the time. Hand crab goods, I want someone to help me collect and dry the canal."
At the beginning of the year, people have bought a large number of British stamps
The Kowloon Philatelic Centre has been in business for more than 40 years. The owner of the store, Cai Fangxiang, said that after the Queen was diagnosed with new coronary pneumonia earlier this year, there was news that she was not in good health.
"I think the price will start after Zhu Qu's death, and the younger generation will buy stamps even if they don't know the Queen." But today, only two customers asked for the price, and they asked to keep the stock.
Cai Fangxiang reminded that random purchase of stamps is easy to fall into scams. If the back of the stamp is white, it may have been "manipulated" in an attempt to make a profit, such as washing off the original yellow glue or reapplying the glue.
If the public is unfortunate enough to buy it and then resell it, the purchase price will be greatly reduced. "So be careful, no glue is equal to second-hand goods."
"Bright Eyed Queen" Stamp Sells for 17,000 Yuan
Before the handover of sovereignty of Hong Kong in 1997, citizens lined up to buy stamps. The printing volume was high and the value was low. Therefore, the stamps at the beginning of the Queen's accession to the throne were of the highest value.
One of the stamps, worn in military uniforms in the 1960s, was the most popular with collectors, with more than 30,000 sets sold in the 1990s.
The current price of a set of "Queen of Military Uniforms" stamps has risen from a few hundred dollars to $1,700, depending on the year and the number of editions, the price is even higher.
For example, the "Queen of Bright Eyes" (that is, the eyes glow), which was a trial version that year, can be as high as 17,000 yuan each due to the near-zero market circulation.
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Hong Kong people sell a lot of old things before immigration
In fact, since the outbreak of the epidemic, due to the closure of customs, mainland tourists have stopped coming to Hong Kong, the demand for collectibles has dropped significantly, and the prices have also dropped significantly.
Cai pointed out that one of the Queen's stamps with a face value of 10 yuan has dropped sharply from about 5,000 yuan at the peak to the current 2,800 yuan, but with the death of the Queen, there is still room for slow appreciation.
At the same time, the circulation of collectibles in the market has increased instead of falling.
In recent years, a large number of Hong Kong people have emptied their homes and sold old things before immigrating, with an average of about a few people every week.
He looked around at the cluttered shops and said with a smile, "It used to be so clean, let's see how many homes there are."
▼September 9th, the sale price of the Queen's Collection in Hao Mong Kok Shopping Center▼
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The Queen's coin has low value: not even a cent or two
As for coins, Cai Fangxiang bluntly said that they should not buy at high prices. Only the value of "dou zero" (five cents) is relatively high. "One cent or two cents cannot be doubled in price." Yuan is more valuable for collection. Because the banknotes issued by the bank in the later period have no portrait of the Queen of England, the value of the 1-yuan banknote has risen to 200 to 300 yuan.
Carousell, an online marketplace, has sellers selling Queen's stamps for nearly $20,000.
Cai Fangxiang persuaded again: "There are a lot of stamp matchmakers, but I have to tell you how little, and the first time it is shipped, the fool will buy it. The queen died, and everyone rushed to buy it, and Qu Mi earned it. Money, when you sell it, you won't ask for it. It's normal, but one person is not greedy, and greed will ruin the bottom."
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