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Showing posts with label World War II. Show all posts
Showing posts with label World War II. Show all posts

Thursday, June 26, 2014

Stamp Investment Tip: Ionian Islands 1941-43 Occupation Issues (Scott #N1-NRA5)

   The Ionian Islands were occupied by Italy in 1941 after its invasion of Greece, and in 1943 by the Germans after the Italians withdrew. The Italian and German forces issued 49 stamps during the occupation (not counting varieties) and many of these stamps are quite scarce, including some of the relatively inexpensive ones.

N17
  Unfortunately, all are overprinted stamps of Greece, and since fake overprints exist, only the most pricey of the stamps are worth buying,
due to the necessary cost of obtaining certificates. These six stamps are from the Italian Occupation - pairs overprinted for the islands of Cephalonia and Ithaca. I've listed them below, along with quantities issued and Scott '14 values for unused:

  • 1941 30d Orange Brown (N17; 364 issued; $1,400.- )
NC5
Airmail Stamps:
  • 1941 25d Rose (NC3; 319;  $650.- )
  • 1941 50d Violet - the key stamp (NC5; 115; $4,500.- )
  • 1941 100d Brown (NC6; 245; $2,250.- )
  • 1941 50L Violet Brown (NC11; Unknown; $ 2,400.-)
Postal Tax Stamp:
  • 1941 50L Gray Green on pale green (NRA5; Unknown; $875.-)  
   I haven't listed the various overprint varieties, which should also be considered if the total cost (including expertization) is within reason.

   These stamps have remained grossly undervalued because of the inconvenience and cost of getting them expertized, but they have multiple market appeal in Italy, Greece, and possibly Germany (due to the later occupation).

   Those interested in viewing a list of scarce stamps with printing quantities of 100,000 or fewer may wish to check out the StampSelector Scarce Stamp Quantities Issued List, which currently contains over 9,700 entries. Researching quantities issued data is vital to determining in which stamps to invest.




Sunday, June 22, 2014

Stamp Investment Tip: Manchukuo 1937 Completion of Capital (Scott #116-19)

In 1931, Japan invaded Manchuria following the Mukden Incident, in which the Japanese military staged an act of sabotage in order to provide a pretext for war. In 1932, the Japanese formed the puppet state of Manchukuo, with Henry Pu-Yi, the former Emperor of China, as its head of state.

In 1937, Manchukuo issued a set of four stamps commemorating the completion of its National Capital (Scott #116-19). 84,000  sets were issued, and Scott '14 values the set unused at $18.25 ($24.- for NH).

I consider this issue to be a low-risk investment due to its scarcity and potential dual market among collectors of both China and Japan. It has been overlooked by Chinese collectors, due to their current tendency to spurn stamps issued by foreign occupiers. Eventually, this resentment will be diluted by reticence, and the undervaluation of this and similar issues will become obvious. Had this set been issued by the People's Republic, it's market value would be 50-100 times greater.

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.   
  


Sunday, October 20, 2013

Stamp Investment Tip: Lebanon 1946 Allied Victory Souvenir Sheets (Scott #C106 Note)



  In 1946, Lebanon issued a set of six airmail stamps (Scott #C101-06) and three souvenir sheets on card stock (Scott #C106 Note) honoring the victory of the Allied Nations in World War II. While the set is fairly common, the souvenir sheets are scarce. 3,757 of the souvenir sheet with sepia inscriptions, 4,138 of the one with blue inscriptions, and 300 of the third, with blue inscriptions and printed on thick, honeycombed chamois card were issued, and Scott '13 prices the first two at $ 30.00 each, and the third at $ 110.-.

   The sheets have dual market appeal to collectors of Lebanon, World War II-related topicals. Also, many of the early issues of the independent nations which were former colonies/possessions of France are of interest to collectors there, as cultural ties remain strong.

Lebanon, a nation of 4.2 million people, is noted for its commercial enterprise. Over the course of time, emigration has yielded Lebanese "commercial networks" throughout the world. As a result, remittances from Lebanese abroad to family members within the country total $8.2 billion and account for one fifth of the country's economy. The country has the largest proportion of skilled labor among Arab States. The tourism and banking sectors are the the most important pillars of the Lebanese economy, though they have at times been disrupted by political instability. Annual GDP growth has averaged about 4.8% over the last 5 years.
The Stamp Auction Bidders and Consignors Union (SABACU) provides a venue 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.





Thursday, August 19, 2010

Phila-Trivia: The Propaganda Forgeries of World War II

During World War II, both the Allies and the Axis powers produced forgeries of their enemies' postage stamps. Among these were postal forgeries, which were intended to cause economic disruption by defrauding the adversaries' postal services, and propaganda forgeries, clandestinely distributed to increase dissent and weaken the morale of the enemy population. Many of these forgeries are listed in the Michel Germany Specialized Catalogue.

Propaganda forgeries created by the Nazis predictably included stamps with anti-Semitic messages. Notable forgeries include spoofs of Great Britain's 1935 Silver Jubilee stamp, with the slogan "This War is a Jewish War" , and the 1937 Coronation issue, noting the alliance between Stalin's U.S.S.R. and Great Britain.
Equating Stalinism with Judaism and claiming that Nazism was a bulwark against Communism was a major theme of Nazi ideology.



The Nazis also issued a set with overprints proclaiming the liquidation of the British Empire. As Germany had come late to the colonial game and wished to replace Great Britain as the world's leading colonial power, this set may be seen as an invidious expression of "colony envy."


The O.S.S. (Office of Strategic Services), the forerunner of the C.I.A., ran a mission from Switzerland called "Operation Cornflakes", which involved bombing German mail trains and air-dropping bags of false, but properly addressed mail, containing Allied propaganda, including propaganda forgeries. The intent was that the false mail would be mixed in with the real mail and delivered by the German postal service. The most striking O.S.S. forgeries mock German Hitler-head stamps, and picture Hitler's face as a partly exposed skull.

The British produced a counterfeit portraying Heinrich Himmler, the head of the S.S. and as top policeman in a police state, perhaps the least popular Nazi leader. Another propaganda forgery featuring Himmler shows him leading a manacled civilian man, who represents Germany in the chain of fascism.


The British also issued propaganda forgeries intended to foment resistance in Poland, which the Nazis viewed as part of their future "living space." The Germans issued stamps for their "General Government" in Poland, not even noting the country name, as part of their policy of eradicating Polish nationalism. The British produced a forgery featuring Hans Frank, the hated Governor-General of Poland, who was ultimately executed for his complicity in the Holocaust in 1946.


In addition, the British produced fake overprints which appeared to have been created for a future German occupation of Morocco, which was held by the collaborationist regime of Vichy France. These were intended to incite suspicion and resentment among the French, who wished to retain control of their North African territories.

Perhaps the most stirring propaganda forgery was a parody of the 1943 Hitler Putsch semi-postal. The forgery portrayed General Field Marshall Erwin von Witzlehen, whom the Germans hanged for his role in the unsuccessful plot to blow up Hitler. The stamp is inscribed “Gehangt am 8 Aug. 1944" (Hanged on 8 Aug 1944). It represents a philatelic tribute to the "Black Orchestra" group who were executed following the coup attempt against the Nazi regime, as well as to the German Resistance as a whole.