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Sunday, February 2, 2014

Stamp Investment Tip: Argentina 1948 Postal Service Anniversary Souvenir Sheets (Scott #582-83)

   In 1948, Argentina issued a set of two souvenir sheets celebrating the bicentennial of the establishment of postal service on the Plata River (Scott #582-83).  20,000 sets were issued, and Scott '14 prices the unused set at $32.- .

   These colorful sheets have additional appeal to collectors of Transportation and Animal/Horse topicals. 

   I continue to favor all better stamps of Latin America as bets on the growth of the region's middle class. As collectors often focus on Latin America as a whole, demand for the stamps of the individual countries is supplemented by the the more general regional focus.

With a population of about 40 million, Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Historically, Argentina's economic performance has been uneven, as periods of high economic growth have alternated with severe downturns. Over the last 5 years, annual GDP growth has averaged an impressive 6.5%. However, over the last 20 years Argentina has weathered several major debt crises and recessions.

 "The Stamp Specialist" blog features my buy prices for stamps which I am interested in purchasing. I've posted a buy list for Argentina, including 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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