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Friday, September 18, 2009

Stamp Investment Tip: Czechoslovakia 1934 National Anthem Souvenir Sheets (Scott #200a-01a)

In 1934, Czechoslovakia issued a set of two souvenir sheets of 15 stamps each (Scott # 200a-201a) commemorating the Centenary of the National Anthem, Kde Domov Muj? (Where is My Home?), written by composer Frantisek Skroup and playwright Josef Kajitan Tyl. 9,600 sets were issued and Scott '10 prices the set at $ 1,100.00.
With among the most developed industrialized economies in Eastern Europe, the Czech Republic and the Slovak Republic have a combined population of about 16 million. They have privatized most of its formerly state-owned industries and have maintained annual GDP growth of around 4% over the past 5 years.
I view this set as a low-risk bet on the two republics' continued long-term economic development. It doubles as a Music Topical, and because the souvenir sheets were issued without gum, somewhat less attention need be paid to preservation. Forgeries of the sheets exist, however, so make purchase of the set conditional on receiving expertization.

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