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Sunday, November 28, 2010

Stamp Investment Tip: Hungary 1931 Zeppelin Overprints (Scott #C24-25)

In 1931 , Hungary issued a pair of stamps for use on Zeppelin mail (Scott #C24-25). 58,598 sets were issued, and Scott '11 prices the set unused at $80.- ($140.- for NH) . The set was also issued imperforate (Scott C24-25Note), and while quantity issued information is not available for the imperforate sets, I estimate that 10,000 or fewer were produced. Scott '11 prices the imperforate set at $250.- .

Zeppelin stamps and covers are very popular among collectors in Europe and the U.S. and should to do well as a subgroup of Aviation philately. The European sovereign debt contagion has put alot of stamps of Europe on sale, and the way for philatelic investors to play the crisis is to buy up the better topical sets while they're still cheap.

After a difficult transition from a centrally-controlled economy to capitalism, Hungary has experienced moderate economic growth until it was hit hard by the 2008-09 financial crisis. As the newest member of the European Union, this nation of 10 million receives nearly a third of all direct investment flowing into Eastern Europe. Agriculture, metallurgy and mining, and tourism are major components of the economy, According to a governmental forecast, annual GDP growth is projected to return to about 4% in 2011.

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