Rare Stamp and Collectibles Dealer Stanley Gibbons Welcomed to Hong Kong by UKTI
Rare stamp and collectibles dealer, The Stanley Gibbons Group plc (LSE: SGI) was welcomed to Hong Kong by the UKTI's Deputy Trade Commissioner John Woodruffe during a reception to mark the official opening of Stanley Gibbons (Asia) Ltd held at the British Consulate General.
- (1888PressRelease) November 03, 2011 - The Stanley Gibbons Group plc, the AIM listed Company which trades in rare stamps, rare coins and historical documents and signatures for collectors and investors marked the opening of its new Asia office with a champagne reception for clients and dignitaries at the British Consulate General in Hong Kong last week.
Assistant Trade Commissioner, Claire Ip, speaking on behalf of the UKTI said, "We in UKTI Hong Kong have been working with Stanley Gibbons since 2008 and we are delighted to see that they have now established an office here. This demonstrates their commitment to what is a very important market. We look forward to continuing to work alongside Stanley Gibbons in the future to help build on their success".
Deputy Trade Commissioner John Woodruffe gave a short speech at the reception welcoming the Stanley Gibbons Group to Hong Kong which was followed by a presentation by Stanley Gibbons CEO, Mike Hall, who spoke about Stanley Gibbons plans for the future.
The reception marked the culmination of more than twelve months preparation by the Group, who have also recently launched a China Rare Stamp Index which tracks the change in prices of rare Chinese stamps and shows an average annual growth of 44% between November 2006 and April 2011.
Examples of rare stamps and autographs traded by the Group were on display throughout the event including a signed, hand-written Mozart manuscript, original Einstein letter and Bruce Lee martial-arts manual.
The Hong Kong office is a major step forward in the Group's plans for international growth. It also places Stanley Gibbons in a strong position to buy rare Chinese stamps to satisfy increased market demand both in Britain and in Asia as well as satisfying demand in the region for stable, tangible investments and trophy assets from a highly reputable source.
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