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Thursday, February 21, 2013

Stamp Investment Tip: Peru 1957 Peruvian Postage Stamp Centenary (Scott # C131-40)#t #C131-40)

  In 1957, Peru issued a colorful set of ten stamps celebrating the centenary of its first postage stamps (Scott #C131-40). 50,000 sets were issued, and Scott '13 prices the unused set at $ 10.25.

  The set should do well as Peru's stamp collecting population develops, and it also has appeal as a Stamp-on-Stamp Topical issue.

With a population of 29 million, Peru is an emerging market nation which has experienced significant economic growth over the last 15 years, and annual GDP growth averaging 7.2% over the last 5. Major exports include copper, gold, zinc, textiles, and fish meal. In 2010 Peru's per capita income is about $10,000. Poverty has steadily decreased since 2004, when nearly half the country's population was under the poverty line, although great inequities in income distribution persist. As the trend continues and more Peruvians join the middle class, the country's better stamps should do very well.

I have begun a new blog, "The Stamp Specialist", which features wholesale buy prices for stamps which I am interested in purchasing. I've posted a buy list for the Peru, and it includes the set recommended in this article. Viewing dealers' buy lists every now and then is an excellent way to keep current on the vagaries of the stamp market.

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