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The Guardian - AU
The Guardian - AU
National
Elias Visontay in Lismore

‘We won’t reopen’: NSW flood destroys $5m of stamps and notes signalling end for a small business

Mark Bailey from The Penny Man in Lismore says $5m worth of collectibles in his shop have been ruined in the NSW floods
Mark Bailey says $5m worth of collectibles have been ruined by flooding at his shop The Penny Man in Lismore, NSW. Photograph: Elias Visontay/The Guardian

A harsh sun shines down across the still partially flooded Lismore, spreading the smell of mud and sewage through the humid air, as Mark Bailey holds an album of vintage East German stamps that is dripping brown.

“Everything in there’s fucked,” he says, as he hurls it onto a pile of ruined goods and furniture he had been amassing at the front of his store, just like many other shop owners along Molesworth Street in the centre of town.

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