In 2010, Kazakhstan issued a stamp honoring the World Football Cup competition, held in South Africa that year (Scott # 620 ). 30,000 stamps were issued, and Scott '15 prices the unused stamp at $4.50 .
The stamp makes an interesting and very low-risk speculation based on its appeal as a Sports/Soccer opical, and as a bet on the economic growth of Kazakhstan 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. Soccer is the most popular sport in the world, with a following of
billions of fans, many of whom live in emerging market
nations. Philatelic investors who focus on better Soccer topicals will
almost certainly score a goal financially.
A nation of 16 million, Kazakhstan is known to many outsiders from the
somewhat demeaning film comedy "Borat." It is the 9th largest country in
the world, with a territory greater than that of Western Europe,
although its population density is less than 15 per square mile.
Kazakhstan has plentiful reserves of oil, natural gas, uranium,
chromium, lead, zinc, manganese, coal, iron, and gold. It also has a
major agricultural sector, and is the seventh largest producer of grain.
Annual GDP growth has averaged over 5% 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.
Thursday, September 4, 2014
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