Thursday, November 12, 2009

Stamp Investment Tips: Belgian Congo 1910-15 Scenes (Scott #45-59)

From 1910-1915, the Belgian Congo issued a set picturing various scenes of the Colony (Scott #45-59). 85,000 sets were issued, and Scott '10 prices it unused at $ . Additionally, some of the values of the set were surcharged in 1918, creating the Colony's first semi-postal set (Scott #B1-9). Only 7,500 of the semi-postal set were issued, and Scott '10 prices it unused at $ 181.59 ($500 for NH) .

I recommend purchase of both of these sets, because they have a potential dual market among collectors of Belgian Colonies and the Congo.

With about 66 million people, the Democratic Republic of the Congo (formerly Zaire), is endowed with a vast potential wealth of resources, but has been plagued by wars, corruption, mismanagement, and poverty. Annual GDP growth has been between 6% and 7% over the last 3 years, but little of the new wealth has been distributed amongst the majority of the population, which is extremely poor.

I favor both sets based upon the probable growth in demand for stamps of Belgium and Colonies. Given the economic situation in the D.R.C., I do not feel that a significant stamp market will develop there for at least a decade. If and when the situation in that country substantially improves, however, the increases in value for its better stamps could be quite dramatic.


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