Nestled in the heart of Europe, between Switzerland and Austria, the Principality of Liechtenstein first issued its own stamps in 1912; prior to that Liechtenstein postal arrangements were administered by Austria and Austrian stamps were used. After World War II the popularity of thematic stamp collecting made itself felt even in Vaduz, and the post-war issues show a clear trend in this direction. Just as well, since most of the heraldic and landmark themes had been widely utilized for the issues of the first four decades. Liechtenstein stamps have long been a steady source of revenue for the micro-state; because of their captivating designs combined with a sober issuing policy they enjoy tremendous popularity with collectors in neighbouring countries such as Switzerland, Austria, Italy, Germany and also with philatelists worldwide.
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