In 1949, Brazil issued a stamp and souvenir sheet (Scott #C76, C76a) in memory of President Franklin D. Roosevelt. The stamp is common, but only 30,000 of the souvenir sheet were issued, and Scott '14 prices it unused at $29.00.
The souvenir sheet has obvious dual market appeal to collectors in Brazil and the U.S..
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 5% over the last 5 years.
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, they'll be competing for their nation's better stamps,
only to find that the cupboard is bare.
"The Stamp Specialist" blog features my buy prices for stamps which I am interested in
purchasing. I've posted a buy list for Brazil, including the set
recommended in this article. Viewing dealers' buy lists every now and
then is an excellent way to keep current on the vagaries of the stamp
market.
Sunday, October 12, 2014
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