3 ms·

Stamps are fungible tokens though. The whole point of NFTs is they're non-fungible tokens - that's what the N stands for.

• electroly 5y ago
  In terms of collecting, stamps are nonfungible. They are individually graded for the centering of the image, the condition of the perforations, the condition of the gum, and sometimes the novelty of the cancellation (if it's used). The price of a stamp is based both on the rarity of the stamp in general and on the grading of the particular stamp. When you buy a stamp, you're buying the exact pictured stamp[0], not a fungible equivalent. [0] Usually. Sometimes people will buy "spacefillers" where they don't care about the quality, they just want something cheap to put in the spot in their collection. These are often unpictured and you get whatever the dealer sends you. These could be considered fungible.
  • klyrs 5y ago
    An uncancelled stamp is technically fungible, but a cancelled stamp is, well, funged. It never ceases to amuse me that this can increase the stamp's value.
    • electroly 5y ago
      Uncancelled ("mint") stamps are still individually graded for centering, gum, and perforation. This probably matters less on modern stamps (vs. classic stamps) but nobody collects modern stamps.