China 1963 Butterfly set popular with topicalists

Stamp Market Tips by Henry Gitner and Rick Miller

In 1963, the People’s Republic of China issued a set of 20 Butterfly stamps (Scott 661-680). The stamps were perforated gauge 11 and issued without gum.

Butterfly stamps are one of the most popular topical collecting areas, and the 1963 Butterfly set is one of the most attractive. The set can often be found in older topical collections.

China remains one of the most popular collecting areas and active stamp markets in the world. It is also one of the most volatile stamp markets because of investor and speculator involvement.

Many well-to-do Chinese invest in Chinese stamps the way Americans invest in the stock market.

The Scott Standard Postage Stamp Catalogue values the Butterfly set without gum as issued at $797.50.

The set is a good buy in the $600 to $700 price range.

Because the set was issued without gum, it is not plagued with the gum problems that affect many older People’s Republic of China stamps.

Demand and prices for this set are not indicative of the overall market for Chinese stamps.

The Chinese philatelic market is always in flux, with prices rising and falling over relatively short periods. If you intend to buy other People’s Republic of China issues, study the market closely before making a purchase.

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