In 1937, Brazil issued a set of four stamps picturing the Monroe Palace and Botanical Garden in Rio de Janeiro (Scott #446-49). 50,000 were issued, and Scott '11 prices it unused at $ 85.00. For those who wish to invest in Brazil and who would like an attractive alternative to stocks, purchasing some of the country's undervalued issues, including this one, would be a good way to go.
With 191 million people, Brazil is the largest economy in Latin America, and the world's eighth largest. Political and economic reforms have given the country a brighter future than it had in the bad old days of oligarchical dictatorship. The Brazilian economy is diverse, the country is aggressively investing in its future by generously funding technological research and education, and exports are booming. Annual GDP growth has averaged a little over 3% over the last 5 years, reflecting a slowdown in 2010 due to the global financial crisis.
There are a number of undervalued Brazilian issues with printing quantities of 10,000 to 100,000, some of which have topical appeal, and recommending them for accumulation seems a no-brainer. Brazil looks destined to become an economic superpower, and even if it mirrors the philatelically anemic U.S. and only one out of a thousand Brazilians become serious stamp collectors and one out of a fifty become "unserious" ones, they'll be competing for their nation's better stamps, only to find that the cupboard is bare.
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