Nicaragua — Nicaragua straddles the Central American Isthmus south of Honduras and north of Costa Rica. One of the poorest nations in the Western Hemisphere, it has hardly had a happy moment since gaining independence from Spain in 1821.
Nearly continuous factional fighting led to an invasion by American filibusterers in the 19th century. In 1909, the United States Marines landed and remained until 1933, battling nationalist guerillas.
Following in the wake of the Marines came the despotic Somoza dictatorship, from 1927 to 1979. The revolutionaries who overthrew the Somozas split into Marxist Sandinista and nationalist Contra factions. The Sandinistas seized control, with the Contras launching a civil war against them with U.S. backing. The current president is Daniel Ortega of the Sandinista National Liberation Front.
Also, Nicaragua is in an active volcanic zone and situated on the boundary between two crustal plates, leading to fairly frequent and devastating earthquakes.
Its problems notwithstanding, there is an active market for Nicaraguan stamps. I think the 1940 1.25-cordoba Statue of Liberty airmail stamp (Scott C253) is one of the most beautifully engraved stamps of all time.
The stamp was issued to mark the 50th anniversary of the founding of the Pan American Union. The 2014 Scott Standard Postage Stamp Catalogue values the stamp at just 65¢ in unused hinged condition. In 1961, the stamp was overprinted “Convencion-Filatelica-Centro-America-Panama-San Salvador-27 Julio 1961” (Scott C493). This airmail stamp has a Scott catalog value of just 40¢ in mint never-hinged condition. If you have a bit more money to spend, there is an inverted overprint variety (C493a) with a Scott catalog value of $75 in mint never-hinged condition.
With several appealing elements in the design, including the Nicaraguan coastline, an airplane, the flags of the American republics, and a portrait of Leo S. Rowe, the Iowa-born director-general of the Pan American Union, these stamps are of interest to topical collectors, and many U.S. collectors will enjoy owning them.
A Linn’s editor found this week’s recommended stamps on ZillionsOfStamps.com at the following prices:
Nicaragua, C253 — $1, mint never-hinged, very fine; C493, C493a — not found;
United States, 4766-4769, 4770-4773 — $5-$7, plate number strips of five.
Tip of the week
United States — The recent U.S. Flags for All Seasons definitive stamps were produced by several different printers in a variety of formats. Recently, the U.S. Postal Service took the coil versions produced by Avery Dennison (Scott 4766-4769) and Ashton Potter (4770-4773) off sale without advance notice.
Dealers are already looking for these varieties in quantity. They are not paying more than face value at present, but look for these versions to go up in value.
I think you might still be able to find these in stock at your local post office. Ask the postal clerks if you can examine the sealed coil rolls. The stamps produced by Avery Dennison are labeled “AD” on the leader strip, and the Ashton Potter stamps are identified as “APU.” Good hunting. — H.G.
blogEleanor Roosevelt said, “Great minds share ideas …,” and Linn’s is fortunate to have thoughtful leaders of the stamp hobby on its Editorial Advisory Board. Board members participated in a lively discussion of “The State of the Stamp Hobby” Aug. 21 at the American Philatelic Society Stampshow in Grand Rapids, Mich. Read More ›
August 19, 2015 01:58 PMIn an unusual development for our hobby, the Office of Inspector General of the United States Postal Service is blogging about stamp collecting. Read More ›
August 17, 2015 12:19 AMFrom 1967 to 2006, Royal Mail (Great Britain’s post office) advertised all new issues with posters displayed in post offices. Most of these posters had pictures of the stamps along with basic information such as the date of issue, instructions for first-day covers, etc. Some were a little more elaborate. Read More ›
August 14, 2015 09:46 AMWill the United States Postal Service issue a Christmas stamp this year to celebrate the 50th anniversary of the classic television musical special A Charlie Brown Christmas? Read More ›
Watch as Linn’s associate editor Michael Baadke discusses happenings at the recent APS Stampshow from the show floor.
Watch as Linn's/Scott editorial director Donna Houseman discusses the early release of the new U.S. Elvis stamp, the possibility of a Peanuts stamp and Linn's at the upcoming APS Stampshow.
Watch as Linn’s Stamp News managing editor Chad Snee discusses highlights of Robert A. Siegel Auction Rarities Week sales in late June, and reports that the 49¢ price for a first-class United States stamp will remain in effect until April.
Watch as Linn’s senior editor Denise McCarty discusses the hiring of a new executive director of the American Philatelic Society, the new Linn’s Editorial Advisory Board and the upcoming APS Stampshow.
It is always a treat to get to see stamp dealers’ own collections.
In the recently concluded Linn’s United States Stamp Popularity Poll, the Circus Posters set of eight stamps was chosen as the overall favorite issue of 2014.
Dispersal of the splendid Daniel B. Curtis collection continued March 25, with Robert A. Siegel Auction Galleries gaveling items from United States back-of-the-book and possessions.
The 175th anniversary of the first postage stamp, Great Britain's Penny Black, is May 6, but the stamp was placed on sale May 1, 1840, for mailers to use beginning on May 6, the designated issue date.