Rare Postage Stamp Fetches $9.5 Million In Auction | New World Record
WhatSellsBest.com is reporting an extremely rare postage stamp has fetched $9.5 million at auction, setting a new world record.
The stamp is from British Guiana and thought to be one of the rarest in the world
WhatSellsBest.com is reporting an extremely rare postage stamp has has set a new world record by fetching $9.5 million (with buyers premium) at auction.
According to Sotheby’s; The stamp is from British Guiana and thought to be one of the rarest in the world. They were one of the first countries to use postage stamps, but in 1856 they ran out of stamps.
The postmaster actually ask a local newspaper printer to print a contingency supply. This stamp is the only known sole survivor from that contingency supply.
Sotheby’s auction description states; “The survival, rediscovery, and subsequent chain of ownership of the unique example of the One-Cent Magenta is just as serendipitous and captivating as the story of its creation.”
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