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Sunday, May 25, 2014

Stamp Investment Tip: Argentina 1956 Stamp Centenary Souvenir Sheet (Scott #653a)

   In 1956, Argentina issued a souvenir sheet celebrating the centenary of its postage stamps (Scott #653a). 100,000 were issued, and Scott '14 prices the unused sheet at $9.00.

   The sheet has additional appeal as a Stamp-on-Stamp topical.

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. 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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