Friday, October 23, 2009

Stamp Investment Tip: Qatar 1965 Fish Set (Scott #69-85)



In 1965, Qatar issued a beautiful Fish set (Scott #69-85). 20,000 sets were issued, and Scott '10 prices it at $ 194.25 for unused. The set appeals to Animal topical collectors, as well as collectors of Qatar.

With a population of 1.4 million, Qatar has experienced rapid economic growth over the last five years, with annual GDP growth averaging 9%. The country has 15 billion barrels of oil reserves and natural gas reserves estimated at between 80 trillion to 800 trillion cubic feet - enough energy reserves to make every Qatari a centimillionaire or billionaire. Gilding the gilded lily, Qatar is also funding the development of a "knowledge economy," establishing the Qatar Science and Technology Park and Education City. It has also established Doha Sports City, and plans to build an "entertainment city" in the future, in case Qataris become bored with their other leisure activities, such as collecting stamps.



0 comments:

Post a Comment

Pages

Followers

Blog Archive

About Me

My Photo
Alex
I create paintings as documentations of context, based on systems of rules.
View my complete profile