Between 1936 and '37, Peru issued an attractive airmail set (Scott #C16-39) featuring scenes of the country. Only 10,000 of the high value (Scott #C39) were issued, and Scott '11 prices the set at $ 212.80 for unused, and #C39 at $125.00 . I recommend purchase of either the complete set or the high value.
Peru has issued a number of scarce sets which I intend to recommend in future articles. With a population of 29 million, Peru is an emerging market nation which has experienced significant economic growth over the last 15 years, and annual GDP growth averaging 7.5% over the last 5. Poverty has steadily decreased, although great inequities in income distribution persist. As the trend continues and more Peruvians join the middle class, the country's better stamps should do very well.
I have begun a new blog, "The Stamp Specialist", which will feature my buy prices for stamps which I am interested in purchasing. I've just posted a buy list for Peru, including the set recommended in this article. Viewing dealers' buy lists every now and then is an excellent way to keep current on the vagaries of the stamp market.
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