CHAPTER VII

STAMP-COLLECTING AS AN INVESTMENT 209

The collector, the dealer, and the combination--The factor of expense--Natural rise of cost--Past possibilities in British "Collector's Consols," in Barbados, in British Guiana, in Canada, in "Capes"--Modern speculations: Cayman Islands--Further investments: Ceylon, Cyprus, _Fiji Times_ Express, Gambia, India, Labuan, West Indies--The "Post Office" Mauritius--The early Nevis, British North America, Sydney Views, New Zealand--Provisionals: _bonâ fide_ and speculative--Some notable appreciations--"Booms."