You have a collection of 200 international stamps that you have collected over the years.Most of them cost you nothing, as you just took them off letters or postcards that you or friends and family had received.If you add up the face value (the amount printed on the stamp) , your collection totals $125.37.You recently saw a story in a local newspaper that someone else sold a similar collection of 400 stamps for $500.Which of the following statements is most likely true?
A) The value of the collection is $250.00.
B) The selling price of the collection is $125.37.
C) The replacement cost of the collection is $250.00.
D) The replacement cost - new of the stamps is $125.37.
Correct Answer:
Verified
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