Between 1932 and '33, the French issued a long "scenes" set for Gabon (Scott #132-47). As with many of the sets that they issued for their African colonies, the set was beautifully engraved, and the vast majority were probably used as postage and discarded. 25,000 sets were issued, and Scott '13 prices it unused at $224.35 .
The set should do well based upon increasing demand for French Colonies, but it also make an interesting play on Gabon as a developing economy. With a population of 1.5 million, Gabon has a per capita income of four times the average for Sub-Saharan Africa. The low population density together with abundant natural resources and foreign private investment have helped make Gabon one of the most prosperous countries in the region. Annual GDP growth has averaged just under 3% over the last 5 years.
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