Search This Blog

Saturday, October 31, 2009

Stamp Investment Tip: Costa Rica 1941 Soccer Championship Issue (Scott # 201-08/C57-66)

In 1941,Costa Rica issued a compound set commemorating the Caribbean and Central American Soccer Championship (Scott #201-08/C57-66). 5,000 sets were issued, and Scott '10 prices the unused set at $ 121.35.

As with most of Latin America, Costa Rica has issued many stamps which I feel are grossly undervalued. This set has a very strong topical appeal, as soccer is widely considered to be the most popular sport in the world. Millions of people regularly go to stadiums to follow their favourite teams,while billions more watch the game on television.

This small nation of 4 1/2 million people is unique as the only Latin American country to have escaped the plague of repressive dictatorships and oligarchies endemic to the region. Costa Rica has generally enjoyed greater peace and more consistent political stability than many of its fellow Latin American nations. The government offers generous tax exemptions to those investing in the country,and in recent times electronics, pharmaceuticals, financial outsourcing, software development, and ecotourism have become the prime industries in Costa Rica's economy. High levels of education among its residents make the country an attractive investing location. Annual GDP growth has averaged 5.6% over the last 5 years.

Note that a rare "Flags Omitted" error exists of the 5c Green regular issue (Scott #201a; Scott '10 CV= $ 200.00). I advise requiring expertization as a condition for purchase when buying this error stamp.

Those interested in joining a community of stamp investors are welcome to join the "Stampselectors" group on Facebook. The group provides a valuable forum for those who wish discuss this blog, as well as trade or communicate with stamp collectors, dealers, and investors from all over the world.

No comments:

Post a Comment