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VII MISCELLANEOUS RECOMMENDATIONS
21. Services to Collectors and Dealers
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Accounts and Credit Facilities
Provided that the accounting arrangements are adequate there is no objection to acceptance of deposits from collectors or dealers to cover the cost of future purchases or of standing orders. In no circumstances should stamps be supplied on credit. Arrangements for handling remit- tances received by post must be secure. Forms issued to the public for ordering stamps by post should stipulate that remittance should take the form of banker's drafts, money orders or crossed postal orders. Cash remittances should not be rejected, but the senders should be informed of the stipulation.
Credit for Returned Mint Stamps
The conditions under which postage stamps may be exchanged for current postage stamps at Post Offices will normally be laid down in territorial legislation. In order to support the market it may sometimes be necessary to authorise the agents to give credit (for the purchase of subsequent issues of stamps) against the return by dealers of bulk quantities of stamps. In such cases it is usual to deduct a percentage of the face value, to cover adminis- trative costs and the agents commission on the original sale. A deduction of 20% is normal.
First Day Covers
First Day Covers are used to mark the day of issue of new postage stamps. They must be postmarked with great care. A small charge may be made to cover the cost of the extra work involved. The value of the stamps used, however, is often much higher than the postage rate making the service profitable in itself, in which case the handling charge may be waived. Advance orders for first-day covers to be made
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