Great Britain issued stamps for use by its military and other personnel stationed overseas, and many of these stamps are quite scarce.
In 1948, the British issued a set of five postage due stamps for use by its forces in Eritrea, by surcharging its regular postage due stamps (Scott #J1-5). 22,264 sets were issued, and Scott '14 prices the unused set at $65.00 .
The set has potential dual market appeal among collectors of Great Britain/Commonwealth and Eritrea. As a boring postage due issue, it remains overlooked, for now.
Eritrea is a newly independent nation with a population of about 5.2 million. Like many other African nations, its economy is largely based on subsistence agriculture, with 80% of the population involved in farming and herding. Drought has often created trouble in the farming areas. The country is still recovering from the effects of a war with Ethiopia, which ended in 2000. It has substantial mineral deposits and oil reserves which are largely unexplored. Annual GDP growth has averaged 2.6% over the last five years.
Those interested in
joining a community of Stamp Auction bidders and consignors may wish to join
the Stamp Auction Bidders' and Consignors' Union (SABACU) group at Facebook.
The organization provides a venue for discussion of stamp auctions, and endeavors
to represent the interests of bidders and consignors.
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