Showing posts with label Cape Good Hope. Show all posts
Showing posts with label Cape Good Hope. Show all posts

Friday, May 14, 2010

Stamp Investment Tip: Cape of Good Hope Triangles

The Cape of Good Hope was the first stamp-issuing entity to produce triangular stamps, beginning with its first issue of 1853. As with many early issues, printing quantities are not known for most of the Triangles, which include some of the great rarities of Philately. Despite the fact that there is some specialized interest in this area, including the collecting of varieties, "square pairs", and covers, the market for Cape of Good Hope Triangles (with the exception of the rarities) is somewhat cool, and one can often find sound, three-margin examples for 25%-35% of Scott, and F-VF appearing seconds at 6%-12%. Researching these stamps and forming a specialized collection of the relatively inexpensive ones could prove highly profitable in the long run.


Stamps of the Cape of Good Hope have dual market appeal among collectors of both British Commonwealth and South Africa. While I like many of the Triangles, two that I favor for which the printing quantities are known are the 1863-64 6p Purple and 1sh Emerald (Scott #14 and 15), which had printings of 95,520 and 37,920, respectively, and Scott '10 values (as unused) of $ 275.00 and $ 475.00. A 1sh Pale Emerald shade (Scott #15a- Scott '10 CV = $ 1,200.-) is also known, and it's probably at least 3 or 4 times scarcer than the normal #15.

South Africa is a country of vast potential. As a middle-income country of about 49 million, it has an abundant supply of resources, well-developed financial, legal, communications, energy, and transport sectors, a stock exchange that ranks among the top twenty in the world, and a modern infrastructure supporting an efficient distribution of goods to major urban centres throughout the entire region. South Africa is ranked 25th in the world in terms of GDP. Annual GDP growth has averaged about 4% over the past 5 years. It is likely that South Africa will be one of the fastest growing economies in the world over the next decades.



Monday, September 28, 2009

Stamp Investment Tip: Cape of Good Hope 1900 Siege of Mafeking Issue

During the Boer War of 1899-1902, the town of Mafeking was besieged by the Boers over a period of 217 days, and successfully defended by British forces commanded by Lieutenant General Robert Baden-Powell. Greatly outnumbered by enemy forces, Baden-Powell bolstered his troops by forming the Mafeking Cadet Corps, a group of boys aged 12 to 15, to act as messengers and orderlies. The Cadet Corps was later to be one of the inspirations for the Scouting movement, which Baden-Powell founded in 1907.

Mail delivery was among the tasks performed by the Cadet Corps, and since inventories of postage stamps had been depleted during the Siege, stamps of the Cape of Good Hope and the Bechuanaland Protectorate were surcharged, and new stamps picturing 12 year-old Sergeant Major Goodyear (later considered the "First Boy Scout") and Baden-Powell were locally produced.

All of the stamps of the Siege of Mafeking Issues (Scott #162-180) are scarce to rare, and both fake overprints and forgeries exist, so expertization should be a condition for purchase. I've listed the stamps, along with quantities issued and Scott '10 Catalog Values, below:

Stamps of Cape of Good Hope surcharged:

#162 1p on 1/2p Green (7,680; $ 240.00 unused, $ 77.50 used)

163 1p on 1/2p Green (5,280; $ 300.00 unused, $ 90.00 used)

164 3p on 1p Rose (6,000; $ 275.00unused, $ 60.00 used)

165 6p on 3p Red Violet (840; $ 42,500.00 unused, $ 300.00 used)


166 1sh on 4p Pale Olive Green (1,440; $ 8,000.00 unused, $ 425.00 used)


Stamps of Bechuanaland Protectorate Surcharged:


#167 1p on 1/2p Vermilion (6,000; $ 240.00unused, $ 77.50 used)

168 and 173 3p on 1p Lilac ( 1,800 total; 168: $ 1,000.00 unused, $ 105.00 used; 173: 1,050.00 unused, $ 90.00 used)

169 and 174 6p on 2p Green and Carmine (1,200 total ; 169: $ 2,250.00 unused, $ 90.00 used; 174: $ 1,300.00 unused, $ 90.00 used )

170 6p on 3p Violet on yellow (1,440; $ 2,250.00 unused, $ 90.00 used)

171 6p on 3p Violet (3,600; $ 450.00 unused, $ 80.00 used)

172 1sh on 4p Brown and Green (2,320; $ 1,650.00 unused, $ 95.00 used)

175 1sh on 6p Violet on rose (1,440; $ 7,250.00 unused, $ 105.00 used)

176 1sh on 6p Violet on rose (240; $ 55,000.00 unused, $ 900.00 used)

177 2sh on 1sh Green (570; $ 14,500.00 unused, $ 500.00 used)

Locally Printed Issue:

178 1p Blue on blue (9,476; $ 1,000.00 unused, $ 425.00 used)

179 3p Blue on blue, 18 1/2mm wide (6,072; $ 1,400.00 unused, $425.00 used)

180 3p Blue on blue, 21 mm wide (3,036; $ 10,750.00 unused, $1,500.00 used)

In 2007, Boy and Girl Scouts and Guides numbered 38 million members in 216 countries worldwide. Scouting Topical stamps are extremely popular internationally, and the stamps of the Siege of Mafeking were the first such produced, and will remain key items within any Scouting collection.

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Alex
I create paintings as documentations of context, based on systems of rules.
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