🏴 Is the collecting of new issues in its death throes?
The notable US stamp dealer, Herrick Stamps, which has been in business since 1946 and which has offered for many years, fortnightly lists of worldwide new issues has announced that from May it will withdraw from offering new issues to its customers. The message sent out to customers announcing this important news is illustrated below.
It is remarkable to note that in its heyday the business employed 120 people and of course many of us remember when there were scores of moderately priced new issues coming in from all corners of The Commonwealth, as well as the rest of the world, every week necessitating the employment of such a large number of employees to deal with such numbers. Now, many philatelic entities are inert and rarely, if ever, issue any postage stamps and when they do, as William Herzig acknowledges in his letter, they are often hard to obtain and command a price well over face value and I assume it is a nightmare for any philatelic dealer to try to maintain a new issue service which is any way comprehensive though, I have to say that the excellent Bombay Stamps makes a good stab at it.