Royal boost for Stanley Gibbons

Royal boost for Stanley Gibbons

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Commemorative mugs and coasters are expected to give collectables firm Stanley Gibbons a boost in the run up to the royal wedding

Commemorative stamps, mugs and coasters are expected to give collectables firm Stanley Gibbons a boost in the run up to the royal wedding, the group said.

The company, which sells everything from rare Penny Blacks to autographs by Marilyn Monroe, expects the wedding between Prince William and Kate Middleton, to drive sales throughout the spring.

It said its recent acquisition of collectables firm Benham had also proven timely, as the company specialises in first covers – where postage stamps have been sent on their first day of issue – which are expected to sell particularly well on the day of the event, April 29.

Stanley Gibbons chief executive Michael Hall said: “The timing of the acquisition was excellent. It was in my strategy to acquire the firm ahead of the wedding, but we didn’t think we would get one so soon.”

The positive outlook comes as Stanley Gibbons estimated turnover to be ahead of market expectations for the year to December 31 and profits to be in line with forecasts.

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