Malta marvels

Abstract

Will Malta increase the numbers printed and, if so, will it, and can it, go too far? The answer will depend on whether you are a speculator, investor, dealer or collector. The speculator will want a limited printing with a sale period of not more than two months, so that he can get in sharply and do a bit of concerning. The investor may also prefer a limited printing, but is perhaps content to wait for a steady increase in market prices. The dealer, with of course some exceptions, would prefer a steady market and does not like buying stocks at inflated prices, with the risk of being left expensive stocks when the bottom falls out of the market. The collector wants a not-too-restricted issue, available over a longer period so that he can pick and choose the items he wants at overface value, but, having done that, he expects his collection to appreciate in value steadily over the years. [excerpt]