Alternative investing

Wednesday 3rd December 2008, 2:30PM GMT.

0677241.jpgStanley Gibbons chief executive Mike Hall holding an unusual investment opportunity – a guitar signed by members of Led Zeppelin, Pink Floyd and The Rolling Stones. (Picture by Tom Tardif, 0677241)

INVESTING in collectables is the best way in the current economic climate to secure and raise capital, according to Stanley Gibbons chief executive Mike Hall.

The company held an open evening at its Bordage premises which allowed guests to browse a selection of investment signatures, stamps and other memorabilia.

Mr Hall said the event also acted as an opportunity for islanders who attended to ask about the benefits of investing in collectables.

Despite being based in Guernsey, he said very few islanders had put money with them compared to people from other countries.

‘The main reason that people invest in the products we offer is because it’s diversifying their wealth. When the property market collapses, the stamps and collectables market tends to go through a boom period.

‘What we offer is a unique way to protect a person’s capital at a better rate than they would get in a bank.’


  • To read Guernsey Press stories in full, click here for subscription details. Individual editions are now available online.

Campaigns

Voice For Victims Voice For Victims

Voice for Victims is a campaign aimed at promoting the rights of those affected by child sexual abuse.