Posted by: siasl
« on: 27 February, 2017, 12:24:33 PM »Duffield1, you don't have to resell those 1st Class stamps to make a profit, only use them from the next day on!Oddly, with the recent price rise announcement, I was talking about this with a colleague just yesterday. In the last 10 years or so, the price of a first class stamp has doubled (or thereabouts), which equates to a 7% pa investment yield. So, if you bought a boat-load of "1st" stamps for a million quid ten years ago, you could theoretically sell them for two million quid today and laugh all the way to the bank (via a tax return where you get clobbered on capital gains tax, no doubt).
I doubt it's illegal to sell unused stamps to a third party, though, as was speculated earlier on in this thread, but you may have trouble shifting your million quids worth of stamps on the open market as not many people get through that many stamps without getting their own franking machine to save their tongues from all that licking.