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The E-Sylum:  Volume 9, Number 23, June 4, 2006, Article 25

BILL GROSS EXHIBITS STAMP COLLECTION

Arthur Shippee writes: "In the Sunday May 30 New York Times is
an article by Matthew Healey, "Stamp Exhibit shows complete 1800's
set" on the Washington 2006 World Philatelic Exhibition.  It
highlights the collection of William H. Gross."

Bill Gross is the famous bond investor mentioned in the November
6, 2005 E-Sylum when he completed his collection with a high-profile
trade with Donald Sundman, brother of NBS Secretary-Treasurer David
Sundman.

MOST EXPENSIVE STAMP TRADE
esylum_v08n47a04.html

"Some of the rarest and most valuable American and foreign
postage stamps are being displayed in a once-in-a-decade event,
the Washington 2006 World Philatelic Exhibition."

"Mr. Gross said in a telephone interview on Friday that he
collected stamps as a child and resumed the hobby in the early
1990's as a way to "reconnect with my childhood." He said he
was determined not to "get clipped"; his mother had once tried
to invest by buying sheets of new stamps from the post office,
only to find later that they were worth nothing more than
their face value.

Mr. Gross, 62, said he decided to bring his investment
experience to bear and researched the historical trends
in the auction prices of rare older stamps before immersing
himself in the hobby again. He found that over the long term,
scarce and high-quality specimens appreciated at least as
well as the economy in general and provided a sound way to
put serious money into collectibles.

At first, Mr. Gross pursued collecting out of the public eye,
exhibiting his stamps under the pseudonym Monte Carlo at
national philatelic gatherings. He later went public and
continued to develop his collection under his own name."

To read the complete article, see: Full Story

  Wayne Homren, Editor

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