Stamp firm predicts a Royal Wedding boost

Wednesday 19th January 2011, 3:00PM GMT.

With the Royal Wedding in April, Stanley Gibbons is predicting a profit boost this year, as a result of buying collectibles business Benham Group.

STAMP group Stanley Gibbons generated substantial profits and new clients through its Jersey showroom and office last year.

According to a trading statement issued to the stock market this week, the investment office that opened in Vine Street in December 2009 contributed towards a successful year.

The Island-headquartered company said that turnover for 2010 was above expectations while profits were expected to be in line with what markets anticipated.
Collectibles

Meanwhile, it is also predicting a boost from the Royal Wedding of Prince William and Kate Middleton in April, as a result of buying the first-day cover collectibles business Benham Group from Jersey firm Flying Brands.

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1
Mark

January 20, 2011 at 8:54 am

Doing what Jersey does best, trading paper

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2
noah

January 20, 2011 at 2:41 pm

not suprised as they dont have to pay stamp duty

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3
C Le Verdic

January 21, 2011 at 10:44 am

Every little totally unnecessary endeavour helps towards hastening the destruction of the planet.

Never mind though, ‘we’(but don’t imagine that to mean all of us) will make some money from this glorious occasion.

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