Armand Rousso in the Hutchinson News


Armand Rousso
Links


Hutchinson News
October 13, 1985

Computerized exchange for philatelists

The 35-year-old financier has started an international stamp exchange in Miami Beach so collectors can buy and sell rare postage stamps, like stocks, by computer.

Stamp dealers believe Rousso’s plan will rejuvenate the hobby as well as drastically alter the way collectors hunt their prey. Rousso hopes it will convince millions of investors to buy rare stamps the way they now buy gold or stocks.

“It’s a terrific idea. I can only see additional collectors coming in on this, “ said Stan Kopkin of Tropical Stamps, a large dealer in Fort Lauderdale.

“I’ve been in the business 52 years and stamp collectors don’t hook on to new ideas too quickly,” said Herman Herst, a philatelic appraiser and consultant from Boca Raton. “But we need something like this.”
Kenneth Miller, president of Promenade Stamp Co., added: “The search, the hunt for stamps, for many, is the greatest challenge of the hobby. With the opening of this exchange, this hobby comes into the 20th century.

“This will be like a new life for the stamp industry,” Rousso told about 50 philatelists, who attended the opening of the exchange in September.
“I hope you will always look back on Sept. 30, 1985, and say ‘that was the day that revolutionized the art of stamp collecting.’”

 
© 2004 Armandroussohutchinsonnews.com