Stamp-collecting, once exclusively the hobby of small boys and an all-consuming passion for the older enthusiast, has now become the target of financial speculators. Stamps are both portable and negotiable anywhere and have thus attracted investors with no knowledge of the subject. However , many of these people have burned their fingers as all forms of investment require specialized knowledge.
There are many cautionary tales. The Post Office issued three stamps to commemorate the 1966 World Cup held in England. When England won the Cup, the four-penny value was overprinted with the words England Winners. The speculators moved in, the stamp being sold out on the day of issue and soon changing hands at up to sixty times its face value. When profit-taking started, the price dropped sharply and now the stamps are easily obtainable at a price which will not make a hole in any schoolboys pocket.
However, interesting stamps particularly stamps from the nineteenth century in good condition will always be a sound investment. The condition of most childhood collections means that they will seldom fetch very much. Rare stamp can only increase in value over the years. Surprisingly the first stamp ever issued, the British 1840 Penny Black, is not that much of a rarity and will never have the value of, say, the Mauritius One Penny of 1859.
Such rarities are beyond the means of most stamp-collectors, who content themselves with the collection of stamps from a particular country or countries, or of stamps on a particular theme: music, sport, flowers and so on. This specialization is necessitated by the vast number of stamps issued every year. In the old days, though, a rich collector might have been able to own almost every stamp ever issued. For most people, then, stamp-collecting is a satisfying and absorbing hobby, not a form of investment.
21. The last sentence of Paragraph 1 means many investors______.
A. burn their fingers B. succeed in investment
C. fail to make money D. do not require specialized knowledge
22. Which of the following is NOT TRUE of stamps?
A. They make money sometimes.
B. They are portable and negotiable.
C. Some of them are attractive and interesting.
D. They are good only for the rich.
23. In stamp-collecting, most people want to______.
A. enjoy themselves B. make money
C. spend money D. kill time
24. Which stamp is most valuable according to this passage?
A. The Mauritius One Penny of 1859.
B. The British 1840 Penny Black.
C. The stamp to commemorate the 1966 World Cup.
D. The stamp with flowers on it.
25. The passage deals primarily with______.
A. stamps B. stamp-collecting
C. the hobby of small boys D. how to invest in stamp-collecting
21. C 22. D 23. A 24. A 25. B
上一篇: 四级冲刺练习阅读(135)
下一篇: 四级冲刺练习阅读(182)
国内英语资讯:Chinese premier holds talks with Uzbek PM to boost ties
投资需谨慎: 五种最愚蠢的投资理财方式
美商学院硕士项目升温 中国学生人满为患
国内英语资讯:National political advisors discuss education development
国内英语资讯:13 more arrested over illegal activities in protests: HK police
英国将为撒切尔举办最盛大政治葬礼
美国国务卿克里对四川雅安地震表示慰问并愿提供援助
美国宣布发现三颗“新地球”:地球可能从此不再孤单
体坛英语资讯:Fluminense rise from Brazil Serie A drop zone
地震安全手册(中英文对照)
国际英语资讯:2 Palestinians killed in Gaza explosion
国际英语资讯:UK opposition parties join forces in new bid to block No-Deal Brexit
耐心是一种智慧:5条小建议培养你的耐心
国际英语资讯:Turkey receives 2nd batch of S-400 defense system from Russia
国际英语资讯:Bangladesh poverty rate falls by 50 pct in 10 years: foreign minister
新华社澄清:“习主席微服私访打的”为虚假资讯
国内英语资讯:China urges U.S. to stop malicious hyping on South China Sea
多数美国人头胎想要男孩 因男孩好养
体坛英语资讯:Striker Benedetto says goodbye to Boca ahead of Marseille move
国际英语资讯:Spotlight: No-deal Brexit prospect could bring Scottish independence vote forward