In 1994, Azerbaijan issued a souvenir sheet picturing minerals (Scott #422a). 50,000 of the souvenir sheet were issued, and Scott '13 prices it unused at $ 3.50.
The issue has appeal to both collectors of Azerbaijan and Minerals topicalists, and is an inexpensive bet on the
economic growth of Azerbaijan and the development of a stamp market
there. This recommendation is consistent with my belief that one of the
best ways to play the new and newly resurrected countries of Europe and
Asia is to focus on popular topicals with low printings.
Azerbaijan
is an oil-rich nation of about 9 million people, which also has
significant reserves of natural gas and various minerals. Agriculture
and tourism are also important to the Azerbaijani economy. The country
shares all the problems of the former Soviet republics in making the
transition from a command to a market economy, but its energy resources
brighten its long-term prospects. It has begun making progress on
economic reform, and old economic ties and structures are slowly being
replaced. Annual GDP growth has averaged a stellar 21% over the last 5
years, largely based on the frenetic development of the country's oil
wealth - an estimated 7 billion barrels of reserves.
Those interested in becoming part of an international community of stamp
collectors, dealers, and investors are encouraged to join the "Stampselectors" group at Facebook. The
group hosts lively discussions concerning stamp investment and practical
aspects of collecting, and provides a useful venue for those who wish to
buy, sell, or trade stamps.
Thursday, November 7, 2013
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