Japan's Philanippon 2011 set to attract stamp investors to Yokohama

High end collectors in Japan are demonstrating a renewed appetite for alternative investments, despite the country's recent problems.

The earthquake and tsunami in March have seen Japan fall into recession due to two months of economic contraction - the widely used definition for recession.

But the world's third biggest economy remains home to many wealthy individuals looking for alternative investments, and the philatelic community appears particularly upbeat at the moment.

Many wealthy Japanese are investing in rare stamps

Philanippon 2011 is expected to attract many leading collectors and investors to Yokohama from July 28 to August 2.

Also known as the Japan World Stamp Exhibition, it has taken place every 10 years since 1971 and is an opportunity for investors to improve their philatelic understanding, and their portfolios.

Around 100,000 visitors are anticipated during the six day celebration, a sure sign that the Japanese philatelic community is thriving.

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