Liechtenstein Post Measures and their Consequences

On the 6th of October 2001 I have written on this NG, as follows:

"The Liechtenstein stamps issued between 1967 and 1995 will loose their
validity on the 1st of January 2001. This has nothing to do with the
introduction of the Euro, being actually related to the earlier
privatization of the Liechtenstein post.

A timely limited possibility to exchange the invalid stamps against valid
ones will be offered by the FL post from the 1st of January till the 31 of
March 2002. A penalty of 15 per cent on the face value is foreseen, and the
total amount is limited to 5 Millions Francs.

The stamps issued after the 1st of January 2002 will be permanently valid,
says the Liechtenstein Post AG. Actually, IMHO only one thing is sure, that
on long term we will be all dead :-) "

The net results of this "economic measure" (possibly combined with another,
good know tendency) we

- The number of permanent buyers of new issues is fallen during the last
years from 100,000 to a half of them
- The issuing of stamps isn't financially profitably anymore, because the
production costs became higher than the revenues.

This happens when the feedback from collectors and dealers aren't seriously
considered.

(After: BBZ, 03 02, p.69).

Victor Manta

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On Sat, 6 Sep 2003 10:30:21 +0200, "Victor Manta"
wrote:

On the 6th of October 2001 I have written on this NG, as follows:

"The Liechtenstein stamps issued between 1967 and 1995 will loose their
validity on the 1st of January 2001. This has nothing to do with the
introduction of the Euro, being actually related to the earlier
privatization of the Liechtenstein post.

A timely limited possibility to exchange the invalid stamps against valid
ones will be offered by the FL post from the 1st of January till the 31 of
March 2002. A penalty of 15 per cent on the face value is foreseen, and the
total amount is limited to 5 Millions Francs.

The stamps issued after the 1st of January 2002 will be permanently valid,
says the Liechtenstein Post AG. Actually, IMHO only one thing is sure, that
on long term we will be all dead :-) "

The net results of this "economic measure" (possibly combined with another,
good know tendency) we

- The number of permanent buyers of new issues is fallen during the last
years from 100,000 to a half of them
- The issuing of stamps isn't financially profitably anymore, because the
production costs became higher than the revenues.

This happens when the feedback from collectors and dealers aren't seriously
considered.

(After: BBZ, 03 02, p.69).

Awww... too bad, Lichtenstein. The only time they issue stamps is
when they wanted to support their 10 acre property. (I know it's
bigger than that - sheesh...)

I DID read in a National Geographic report on this very subject.
tptptphptttt!

Tracy Barber