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Sunday, July 15, 2012

Stamp Investment Tip: Albania 1924 Red Cross Semi-postals (Scott #B5-8)

In 1924, Albania surcharged stamps of its 1923 Scenes issue, issuing a semi-postal set to benefit the Red Cross (Scott #B5-8). 28,000 sets were issued, and Scott '13 prices the unused set at $44.00 .

The set appeals to collectors of Red Cross topicals as well as collectors of Albania.

A nation of 3.2 million people, Albania is poor by Western European standards, but has experienced healthy GDP growth, averaging  slightly under 5% over the last 5 years. Foreign investment has increased but has been dampened somewhat by the country's inadequate infrastructure. Modernization will be Albania's main challenge over the next decade.

Those interested in joining a community of stamp investors are welcome to join the "Stampselectors" group on Facebook. The group provides a valuable forum for those who wish discuss this blog, as well as trade or communicate with stamp collectors, dealers, and investors from all over the world.

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