Showing posts with label Railroad. Show all posts
Showing posts with label Railroad. Show all posts

Wednesday, February 10, 2010

Stamp Investment Tip: Turkey 1939 Ankara-Erzerum Railroad Issue (Scott #829-32)


In 1939, Turkey issued a set of stamps commemorating the completion of the Sivas to Erzerum link of the Ankara-Erzerum Railroad (Scott #829-32). 35,000 of this Transportation/ Railroad topical set were issued, and Scott '10 values it unused at $ 21.00.

With a population of about 72 1/2 million, Turkey is perhaps the most culturally European of the Islamic nations, and their probable model for modernization, economic development, and democratization. The country experienced rapid economic growth between 2002 and 2007, with GDP averaging 7.4%, but this slowed in 2008 to 5% and stalled in 2009 to 1%, due to the global financial crisis, from which the country is recovering. While traditional agriculture is still a pillar of the Turkish economy, it is becoming more dependent on industry in major cities. Key sectors include tourism, banking, construction, home appliances, electronics, textiles, oil refining, petrochemical products, food, mining, iron and steel, the machine industry, automotive, and shipbuilding. It is likely that in the future, Turkey will benefit from serving as an economic and cultural nexus connecting Europe, the Near East, and the Turkic (formerly Soviet) nations of Central Asia.


Stamp collecting is growing in Turkey, and there are also many collectors of Turkish stamps in Europe and the U.S.. I recommend consideration of Turkish stamps and souvenir sheets with printings of 100,000 or fewer, especially if they have topical appeal.

Wednesday, October 14, 2009

Stamp Investment Tip: Iran1957 Tehran-Meshed Railway Issue (Scott #1074-76)

In 1957, Iran issued a set of stamps commemorating the opening of the Tehran-Meshed Railway (Scott #1074-76). 50,000 sets were issued, and Scott '10 prices the unused set at $47.00. The vast majority were used as postage.


Stamps of Iran are not widely collected at present, partly for political reasons and partly because of the ubiquity of fakes among the early overprinted issues. Nevertheless, it is an oil-rich nation (ranked second in both oil and natural gas reserves) of 76 million people, and there are signs that many of them are becoming fed up with the corrupt and reactionary theocracy that is isolating Iran from the rest of the world. Furthermore, it is beginning to diversify away from its dependence on oil into other industries, such as biotech, nanotech, and pharmaceuticals, and it has the potential to develop a thriving tourism sector, should it institute reforms and begin to improve its image.


I view this set as a scarce Railroad topical issue which should do very well if the situation improves in Iran.

Monday, September 28, 2009

Stamp Investment Tip: Egypt 1933 Railroad Congress Issue (Scott #168-71)

In 1933, Egypt issued a set of stamps commemorating the meeting of the International Railroad Congress in Heliopolis (Scott #168-71). The set pictures various locomotives from the 1850s on, and is an attractive Train topical issue. 52,000 sets were issued, and Scott '10 values it unused at $ 70.00 .

With an estimated 76 million people, Egypt possesses one of the most developed economies in the Mid-East, with a GDP growth rate of 5% -7%. The government is undertaking major economic reforms to further spur development, including massive investments in infrastructure and liberalizing economic and tax policies to encourage foreign investment. Egypt's main challenge in the years to come will be one of social and political democratization - how to assure that enough of the new wealth trickles down to the majority of the population to lessen the problems of poverty and political instability.


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