For broadcast on CBS Radio Network stations 
September 9-10, 2000:


From Sales Circuits to Electronic Circuits


The Stamp Collecting Report, I'm Lloyd de Vries.
 
For decades, members of the American Philatelic Society could 
sell stamps by placing them in special books, which would 
then be mailed from one potential buyer to another. They 
still can.


However, the explosion of web auctions has cut into that 
business, and the A-P-S recently decided to try Internet sales 
itself. However, it didn't want to compete with established 
sites like eBay.


Instead, the A-P-S has opened a net-price store...sort of like 
a cooperative.  Members send stamps they want to sell to the 
A-P-S, which then puts them up for sale on the Internet at a 
fixed price. The stamps are checked and guaranteed genuine.


When sold, the society takes care of shipping and credit card 
processing.


Anyone can browse the Stamp Store, but only members can buy 
and sell.


In the first 24 hours, without any publicity, Stamp-Store-dot-org 
sold eleven hundred dollars of material to 22 purchasers...AND it 
signed up three new members.


And that's stamp collecting this week. 

I'm Lloyd de Vries, CBS News.

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