Volume 48#16

After years of pandemic-driven highs in show attendance, dealer sales and auction realizations, ensuing economic factors such as high inflation and increased interest rates may have some philatelists wondering about their impact on the hobby. While economic uncertainties abound heading into 2024, collectors, dealers and auctioneers alike believe Canada’s philatelic economy remains strong as the pandemic’s most severe effects have subsided. Collectors continue to enjoy an active market bolstered by regular high-quality offerings while dealers and auctioneers saw strong sales and show organizers reported robust attendance at events through this fall. “It seems that people are enjoying their hobby more than ever,” said Yohann Tanguay, the chief describer at New Brunswick’s Eastern Auctions, who added the situation possibly stems from people “being fed up with the ups and downs of their investments and rather finding excitement in acquiring a beautiful proof, stamp or cover for their collection.” Continue reading →