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Wednesday, February 12, 2014

Stamp Investment Tip: Czechoslovakia 1925 Olympic Congress Overprint (B137-39)

  In  1925, Czechoslovakia honored the International Olympic Congress by overprinting three of its 1923 President Masaryk semi-postal stamps (Scott #B137-39).  The additional revenue was divided between a fund for postal clerks and the Olympic Games Committee. 50,000 sets were issued, and Scott '14 prices the unused set at $97.-  ($175.-  for NH).

  Stamps of Czechoslovakia are very popular among collectors in Europe, and I expect that the number of stamp collectors in the new nations that comprised the "former Czechoslovakia" will continue to grow. This set has additional appeal as a Sports/Olympics topical.

  The end of Communist rule in Czechoslovakia in 1989 was followed by the country's dissolution and division into two successor states- the Czech Republic and the Republic of Slovakia. With among the most developed industrialized economies in Eastern Europe, these republics have a combined population of about 16 million. They have privatized most of its formerly state-owned industries and have maintained annual GDP growth of around 3% over the past 5 years.

  The Stamp Auction Bidders and Consignors Union (SABACU) is a forum for discussing stamp auctions, and represents the interests of stamp auction bidders and consignors in their dealings with stamp auctioneers. All stamp collectors and dealers are welcome to join.  

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