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Tuesday, September 8, 2009

Stamp Investment Tip: Bolivia 1960 Gate of the Sun set

In 1960, Bolivia issued a beautiful set of stamps featuring various prehistoric gods and ornaments from the Tiahuanacu excavations (Scott # 433-50). Printed on a gold background, the "Gate of the Sun" set was initially intended for dual use, with some of the high values to be issued as airmails, but the overprints failed to include the word "Aereo." Only 6,500 sets were issued.

The set is one of many examples of Latin American sets with very low printing quantities and an increasing collector base, which are therefore grossly undervalued. Not only will it benefit from economic growth and a growing middle class in Bolivia, but it's the kind of issue over which Art topical collectors drool.

This issue tends to have mediocre centering. When purchasing a set, make sure that all of the values are centered Fine or better, especially the key 4000b on 4b Gray (Scott #449).

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