In his judgement, Justice Hari Shankar observed that the very fact that international exhibitions are held for such connoisseurs of the art (philatelists), clearly showed that philatelic exhibits are of great value.
“The historical importance of such exhibits cannot, either, be undermined in any manner. They are an indispensable indicia of the times in which they were issued, and the manner in which transactions were transacted at that time. The very paper on which such exhibits are printed has its own fascination, for the discerning aficionado. Such philatelic exhibits are, therefore, obviously articles, objections or things of historical interest. In fact, though a select group of collectors may take the trouble to collect such exhibits, their inherent and intrinsic historical value far transcends the covers of the albums that such collectors may maintain,” the Court said.
Source: Barandbench