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Careful What You Give The Kids To Look After,

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001JoycesCoins's Avatar
United Kingdom
2 Posts
 Posted 10/19/2007  08:17 am Show Profile   Bookmark this topic Add 001JoycesCoins to your friends list Get a Link to this Message Number of Subscribers
Coins in a moment, a cautionary tale to begin.
Many years ago, I gave my 8 year old son some of my stamp collection, so that he could begin his own. Among them were a dozen British penny reds from the mid to later 1800's, relativley available I know, but they were in excellent condition nonetheless.
He brought his album home from the stamp club at school one day and a myriad of colourful stamps fell out of it as he put it down. There were stamps from everywhere, Indonesia, India, Africa, Eastern Europe. And lovely as they all looked, none of them were of any great worth.
I asked my son where they had come from.
He replied 'i swapped them for 6 of those old red ones... These are much nicer, Mum, don't you think?'

There's a lesson here, if ever there was.
Bye for now,
Joyce.
Edited by 001JoycesCoins
10/19/2007 12:41 pm
Bedrock of the Community
United States
20753 Posts
 Posted 10/19/2007  1:44 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Sorry. But although things like this happen, you should have started teaching stamp and coin values a lot sooner. I know it hurts but better to have it happen with a little rather than a really biggy. He could have swaped the entire collection for some candy bars or gum. The lesson is education in values of anything.
Valued Member
United States
280 Posts
 Posted 10/19/2007  2:00 pm  Show Profile   Bookmark this reply Add gatzdon to your friends list Get a Link to this Reply
Hope you weren't too hard on your son then, because this what collecting was all about. To your son, he got an awesome deal. He got rid of 6 stamps he didn't care for in exchange for a whole bunch of stamps that he hopefully enjoyed sorting.

The only thing your son needed to learn was they he could have gotten even more of those new stamps elsewhere (or gotten the same amount for even just one of those "boring" stamps.

Hope it turned into a learning lesson for him that he needs to have done his research ahead of time to make sure he gets the best deal possible.
Bedrock of the Community
United States
20753 Posts
 Posted 10/20/2007  12:01 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I agree with everything gatzdon said. For sure don't blame him for doing what he thought was a great deal.
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 10/20/2007  6:28 pm  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
I certainly agree, and would add that I'm happy for you that the loss in value wasn't too great.
Valued Member
TSmith3510's Avatar
United States
455 Posts
 Posted 10/20/2007  11:42 pm  Show Profile   Bookmark this reply Add TSmith3510 to your friends list Get a Link to this Reply
I suspect the value of this lesson is lost to an 8 year old kid though.

We've all made silly trades or paid too much for certain items.

It hurts to see our kids taken advantage of though.



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t360's Avatar
United States
2703 Posts
 Posted 10/21/2007  1:47 pm  Show Profile   Bookmark this reply Add t360 to your friends list Get a Link to this Reply
The story reminded me about how H. E. Harris traded some of his grandfather's old stamps for some "flashy French colonials" as a schoolboy. When he later found out that he had traded valuable stamps for worthless ones, he vowed never to let it happen again. He started his own stamp company as a teenager and with some shrewd business deals he became quite successful.
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