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Sunday, September 19, 2010

Stamp Investment Tip: Jordan 1933 Scenes (Scott #185-98)

In 1933, Jordan (then a British Mandate territory known as Trans-Jordan), issued an attractive scenes set (Scott #185-98). All of the stamps but the top 1 pound value (Scott #198), which portrayed Amir Abdullah ibn Hussein, featured sites of historic and cultural interest. Most of the set's value is in #198, as only 1,095 were issued. Scott '11 values the unused set at $901.60, and #198 at $600.00 .

I recommend purchase of either the complete set or the high value alone. The better stamps of the Mandate period have dual market appeal to collectors of British Commonwealth and Jordan.

Jordan is a small country of 6.3 million people with limited natural resources. Nevertheless, it is an emerging market nation, largely due to its liberal economic policies and relative political stability compared to many of its neighbors, and it has maintained an annual GDP growth of 5% -6% over the last 5 years. Currently, its main industries are fertilizers, tourism, and banking, but it also has a developing "knowledge economy," which is contributing to its nascent aerospace, defense, pharmaceutical, and ICT sectors.

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