Pages

Search This Blog

Saturday, September 12, 2009

Stamp Investment Tip: Montserrat 1973 Columbus Souvenir Sheet (Scott #295a)



In 1973, the Caribbean island of Montserrat issued a set and souvenir sheet commemorating the 480th anniversary of the discovery of Montserrat by Columbus. The souvenir sheet (Scott #295a) had a minuscule printing of 4,449, and has been overlooked for decades, despite being an attractive ship topical. Its current Scott Catalog Value is only $ 25.00, and it is frequently offered for 50-70% of Scott.


I view this souvenir sheet as a very low risk speculation. The market may continue to ignore it. On the other hand, it's not beyond the realm of possibility that someone will try to hoard the sheet and then pump it up with buy ads, or that investors will gradually deplete the supply.
Incidentally, I have never seen a First Day Cover of this souvenir sheet, and it wouldn't surprise me if fewer than 200 exist. Should you happen to find one in nice shape and at a reasonable price, jump on it.


.

1 comment:

  1. Capital Lending and Mortgage Group offer Business Financing,loans to suit your business plan. Get quick & easy access to the funding you need now,Get the financing you need to help your business grow Quickly. Apply Now, Home finance, Business finance,Personal finance, Company finance, Student finance. Quick Approval,Email: capitallendinghelpdesk@gmail.com
    Blog: https://capitallendingfince.blogspot.com/

    ReplyDelete