Stamp collection or philately is a widely practiced hobby among people of all ages and all countries around the world since many years. The term ‘philately’ was coined by Georges Herpin in 1864. A philatelist not only collects postage stamps but also does a thorough study of each and every stamp relating to its history and origin. This famous hobby of collecting old, rare and contemporary postage stamps has a great educational value associated with it. Philatelists are interested in postage stamps of all types be it Definitive stamps, Commemorative stamps, Souvenir sheets or the very coveted First day covers.