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Sunday, May 12, 2013

Stamp Investment Tip: Falkland Islands 1929-31 George V (Scott #54-64)

The Falkland Islands, an archipelago in the South Atlantic off the coast of Argentina, is a self-governing territory of the United Kingdom. While Falkland Islanders comprise a tiny but very affluent population of about 3,000, from a philatelic investment perspective, the Falklands are of interest because they appeal to both British Commonwealth and Antarctic territories collectors.

From 1929-31,  the Falklands issued a set of eleven stamps portraying King George V (Scott #54-64). 8,400 of the 1 pound high value were issued, and Scott '13 prices the unused set at $797.40. #64 alone cats. at $350.-.

I recommend purchase of either the complete set or the high value, in F-VF or better, NH, LH. These were pricey stamps at the time that they were in use, especially during the Great Depression. Most were probably used as postage  and discarded.

Those interested in becoming part of an international community of stamp collectors, dealers, and investors are welcome to join the "Stampselectors" group page at Facebook. The page hosts lively discussions concerning stamp investment and practical aspects of collecting, and is an excellent venue for those who wish to buy, sell, or trade stamps.

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