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Saturday, October 3, 2009

Stamp Investment Tips: Danish West Indies 1905 St. Thomas Harbor Issue (Scott #37-39)

In 1905, the Danish West Indies issued a pleasant bi-colored set picturing a sailing ship in the harbor at St. Thomas (Scott #37-39). 25,000 sets were issued, and Scott catalogs the set at $ 168.25.

The Danish West Indies were purchased by the U.S. in 1917, and became the U.S. Virgin Islands. Technically, stamps issued before 1917 should be treated as stamps issued by D.W.I. as a Danish possession, but both Scott and U.S. collectors classify them as if they were issued by a U.S. Possession, so they have a dual market in both the U.S. and Denmark.

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