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Thursday, November 20, 2014

Stamp Investment Tip: Lebanon 1954 Khalde International Airport (Scott #C193-96)

  In 1954, Lebanon issued a set of four airmail stamps celebrating the opening of Khalde International Airport in Beirut (Scott #C193-96). 15,000 sets were issued, and Scott '14 prices the unused set at $14.50 . It is likely that most of the sets were used as postage and discarded.

   The set has multiple market appeal among collectors of Lebanon, French Colonies/Area, and Transportation topicals.


 Lebanon, a nation of 4.2 million people, is noted for its commercial enterprise. Over the course of time, emigration has yielded Lebanese "commercial networks" throughout the world. As a result, remittances from Lebanese abroad to family members within the country total $8.2 billion and account for one fifth of the country's economy. The country has the largest proportion of skilled labor among Arab States. The tourism and banking sectors are the the most important pillars of the Lebanese economy, though they have at times been disrupted by political instability. Annual GDP growth has averaged about 4.8% over the last 5 years.

Those interested in learning about investing in stamps should read the Guide to Philatelic Investing ($5), available on Kindle and easily accessible from any computer.  
 

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