The more sought after something is the more serious collectors will pay for it. This includes tiny pieces of paper that are unique in some way. It can baffle the non-collectors, but millions of dollars have been paid for a single stamp. The most exciting pieces, and the ones collectors will bid on from all corners of the globe, are the rarest of the rare postage stamps.
One example of a printing error creating a rare stamp is Britain's olive colored Queen Victoria's head. This stamp was printed in 1864 in Hong Kong. It was meant to be grayish brown. By mistake fifty-two sheets were printed olive. The original stamps sold for ninety-six cents Hong Kong. In 2012 a block of four sold for almost six point five million dollars Hong Kong.
One of the most expensive stamps in the world is the British Guiana 1 Cent Magenta. It was printed on magenta paper with black ink. This stamp came into being because of a British Guiana postmaster. He had run out of his regular postal supply and talked the local newspaper into printing an emergency batch for him. Postal workers had to initial each stamp to prevent forgeries. The stamp brought $850,000 in 1980.
A printing error caused by the rush of a special event resulted in the Post Office Mauritius. This stamp was issued to commemorate a ball hosted by the wife of the governor. Unfortunately, when they were printed no one noticed that the stamp read post office instead of post paid. One of the twelve left was purchased for $1.6 million dollars U. S. In 2011.
The Inverted Jenny is the upside down version of the first air mail stamp. These were issued in 1918. The inversion was caused when the sheets went through the press the second time. Someone put the sheets into the press the wrong way, and the plane came out upside down. Nobody noticed when the sheets initially went on sale. In 2005 a collector bought a block of four for $3 million.
The 1840 Penny Black was the first stamp ever made. It shows Queen Victoria as she appeared in 1837. This stamp was only used for a year because the cancellation mark was too hard to see. Only two of them are known to be left. An American businessman bought one of them recently for $5 million.
The Swedish stamp known as the Treskilling Yellow is the most highly prized and expensive stamp in existence. It was intended to be green, but is yellow instead. 2010 was the last time it traded hands. The actual purchase price has remained private, but the auctioneer has admitted that this sale made the Treskilling Yellow the most expensive stamp in the world.
It might be hard for some to see the wisdom of paying millions for a tiny piece of paper. For philatelists, who have the money and means, a rare stamp is a prize. There is no telling what another enthusiast will be willing to pay in the future.
One example of a printing error creating a rare stamp is Britain's olive colored Queen Victoria's head. This stamp was printed in 1864 in Hong Kong. It was meant to be grayish brown. By mistake fifty-two sheets were printed olive. The original stamps sold for ninety-six cents Hong Kong. In 2012 a block of four sold for almost six point five million dollars Hong Kong.
One of the most expensive stamps in the world is the British Guiana 1 Cent Magenta. It was printed on magenta paper with black ink. This stamp came into being because of a British Guiana postmaster. He had run out of his regular postal supply and talked the local newspaper into printing an emergency batch for him. Postal workers had to initial each stamp to prevent forgeries. The stamp brought $850,000 in 1980.
A printing error caused by the rush of a special event resulted in the Post Office Mauritius. This stamp was issued to commemorate a ball hosted by the wife of the governor. Unfortunately, when they were printed no one noticed that the stamp read post office instead of post paid. One of the twelve left was purchased for $1.6 million dollars U. S. In 2011.
The Inverted Jenny is the upside down version of the first air mail stamp. These were issued in 1918. The inversion was caused when the sheets went through the press the second time. Someone put the sheets into the press the wrong way, and the plane came out upside down. Nobody noticed when the sheets initially went on sale. In 2005 a collector bought a block of four for $3 million.
The 1840 Penny Black was the first stamp ever made. It shows Queen Victoria as she appeared in 1837. This stamp was only used for a year because the cancellation mark was too hard to see. Only two of them are known to be left. An American businessman bought one of them recently for $5 million.
The Swedish stamp known as the Treskilling Yellow is the most highly prized and expensive stamp in existence. It was intended to be green, but is yellow instead. 2010 was the last time it traded hands. The actual purchase price has remained private, but the auctioneer has admitted that this sale made the Treskilling Yellow the most expensive stamp in the world.
It might be hard for some to see the wisdom of paying millions for a tiny piece of paper. For philatelists, who have the money and means, a rare stamp is a prize. There is no telling what another enthusiast will be willing to pay in the future.
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