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Friday, October 23, 2009

Stamp Investment Tip: Qatar 1965 Fish Set (Scott #69-85)

In 1965, Qatar issued a beautiful Fish set (Scott #69-85). 20,000 sets were issued, and Scott '10 prices it at $194.25 for unused. The set appeals to Animals topical collectors, as well as collectors of Qatar.

Stamps picturing animals remain the most popular topicals among stamp collectors worldwide. The number of Flora/Fauna thematic collectors will probably continue to increase, as interest in "Eco-topicals" grows.

With a population of 1.4 million, Qatar has experienced rapid economic growth over the last five years, with annual GDP growth averaging 9%. The country has 15 billion barrels of oil reserves and natural gas reserves estimated at between 80 trillion to 800 trillion cubic feet - enough energy reserves to make every Qatari a centimillionaire or billionaire. Gilding the gilded lily, Qatar is also funding the development of a "knowledge economy," establishing the Qatar Science and Technology Park and Education City. It has also established Doha Sports City, and plans to build an "entertainment city" in the future, in case Qataris become bored with their other leisure activities, such as collecting stamps.

Those interested in being part of a community of stamp collectors, dealers, and investors are welcome to join the Facebook "Stampselectors" group, which currently has over 1,600 members.

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