British Queen celebrates


Stamp and collectibles trader Stanley said it expects to bring in a princely sum for royal wedding memorabilia next month.

The company said the wedding between Prince William and Kate Middleton should give a one-off boost to revenues and profits through sales of commemorative stamps, mugs and coasters among other collectible items.

Gibbons said the event will also lift trade at recently-acquired collectibles firm Benhams, as the company specialises in first-day covers - postage stamps sent on their first day of issue - which are expected to sell particularly well on April 29.

Stanley Gibbons reported an 8% rise in pre-tax profits to £4.5 million in the year to December 31, while sales were up 13% at £26.4 million.

A number of products will be on offer around the wedding, including an album pulling together all the commemorative stamps issued for the occasion.

The company will also have a special royal wedding section in its store at The Strand, London.


Looking further ahead, Gibbons said it expects a similar boost from memorabilia associated with the London 2012 Olympics.

Martin Bralsford, chairman of Stanley Gibbons, added that the economic downturn and cautious consumer sentiment had an upside for the business.

He said: "The uncertainty, together with prevailing low interest rates, generate a desire amongst wealthy individuals to own tangible assets as a means of wealth protection and steady capital growth.

"Our investment products in rare stamps and historical signatures offer an opportunity to own a tangible asset with a value embedded in history and yielding average historic returns of over 10% per annum over the past 50 years."

Photo by Royal-News

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