Monday, September 21, 2009

Stamp Investment Tip: Spain 1950 Stamp Centenary Issue (Scott #776-79,C127-30)

In 1950, Spain issued a set of imperforate stamps (Scott #776-79, C127-30) commemorating the Centenary of its first postage stamps. The "Stamp on Stamp" topical pictured the 1850 Isabella II issue, and 41,000 sets were produced. Scott values the unused NH set at $ 575.00 and the used set at $ 376.00.

I favor the scarce and undervalued issues of Spain and its colonies. The nation has 46 million people, the 9th largest economy in the world, and the most rapidly aging population in Europe. Philately will continue to flourish under such conditions.

I recommend purchase of the set - unused or used. First Day Covers with the complete set are also attractive, as long as the premium over the cost of a plain used set isn't exhorbitant.


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