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Thursday, October 23, 2014

Stamp Investment Tip: Greenland 1994 Winter Olympics Souvenir Sheet (Scott #B19a)

  In 1994, Greenland issued a semi-postal souvenir sheet celebrating the Winter Olympics, held in Lillehammer (Scott #B19a). 80,088 were issued, and Scott '14 prices the unused sheet at $12.00.

   Stamps of Greenland are popular among collectors of Scandinavian stamps, and this souvenir sheets also has worldwide appeal as a Sports/Olympics topical. 

  Much of the demand for these stamps originates in Scandinavia, a region containing about 26 million generally affluent and well-educated people and a thriving stamp market. Also there are many people of Scandinavian ancestry living overseas, including about 12 million Scandinavian Americans.

   In 2008, the people of Greenland passed a referendum supporting greater autonomy, and it is likely that it will achieve independence from Denmark and become a sovereign state within the next 20 years. It is among the northerly parts of the world that is actually benefiting from global warming, because extensive mineral wealth is being revealed as its ice sheet recedes.

     The Stamp Auction Bidders and Consignors Union (SABACU) is a forum for discussing stamp auctions, and it also offers advice to stamp auction bidders and consignors to assist them in their dealings with stamp auctioneers. All stamp collectors and dealers are welcome to join.    

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