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Sunday, June 17, 2012

Stamp Investment Tip: Thailand 1986 Orchid Souvenir Sheet (Scott #1160a)

In 1986, Thailand issued a souvenir sheet picturing orchids (Scott #1160a), to commemorate the meeting of the 6th ASEAN Orchid Congress. Only 20,000 souvenir sheet were issued, and Scott '12 prices the unused sheet at $110.00.-.

Aside from being an investment in Thailand's future economic growth, the sheet also has appeal as an attractive Flower topical.

A nation of 66 million people, Thailand is the second largest economy in Southeast Asia after Indonesia. Despite this, Thailand ranks midway in the wealth spread in Southeast Asia as it is the 4th richest nation according to GDP per capita, after Singapore, Brunei and Malaysia. Though most of the country's population still works in agriculture, the relative contribution of agriculture to GDP has declined while exports of goods and services have increased. Major industries include automobiles and automotive parts, financial services, electric appliances and components, tourism, cement,, appliances, computers and parts, furniture, plastics, textiles and garments, agricultural processing, beverages, and tobacco. Annual GDP growth has averaged just over 3% over the last 5 years, but this takes into account a 2% contraction in 2010, due to the global financial crisis.

Those interested in becoming part of an international community of stamp collectors, dealers, and investors are welcome to join the "Stampselectors" group page at Facebook. The page hosts lively discussions concerning stamp investment and practical aspects of collecting, and is an excellent venue for those who wish to buy, sell, or trade stamps.

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