News

11.01.2012 - A bargain with a kickback
A sad experience for the German coin dealer Thomas B. of Aachen. An older, unidentified man came to his shop and offered him six thousand mint stamps, each with a face value of 55 cent, issued in the

A sad experience for the German coin dealer Thomas B. of Aachen. An older, unidentified man came to his shop and offered him six thousand mint stamps, each with a face value of 55 cent, issued in the year 2004. A real bargain: instead of having to pay 3.300 Euros, B. could have the lot for 2.700 Euros. Always on the outlook for such bargains, the dealer had a close look at the stamps, which seemed fine to him. The deal was struck. A little later, B. put out his Christmas mail, using the freshly acquired stamps, only to receive a large envelope from the German postal authorities, Deutsche Post, containing his own Christmas letters and cards. The mail was called ‘undeliverable’ by Deutsche Post: the stamps could only be qualified as counterfeit. The German television station WDR-TV interviewed the renowned philatelic expert and AIJP member Wilhelm van Loo, who confirmed the fraud; he had been reporting about such falsifications more than once in the well-known German magazine ‘philatelie’, also about the stamps that B. purchased.