Edition: Global Global Select Region
Email: Passwd: or sign up free
One News Page
> >
Open news article

Rare stamp sells for record $9.5 million

One News Page Staff

Rare stamp sells for record $9.5 millionby

The world's most expensive stamp - the rare 19th Century British Guiana One-Cent Magenta - has sold at auction for a record $9.5 million

NEW YORK CITY -- A tiny stamp issued in 1856 in a former British colony sold at auction in New York for a record $9.5 million on Tuesday. David Redden, vice chairman of auction house Sotheby's, called the sale "a truly great moment for the world of stamp collecting."

"That price will be hard to beat, and likely won't be exceeded unless the British Guiana comes up for sale again in the future," Redden said.

It is not the first time that the British Guiana One-Cent Magenta has broken the record for the price paid for a single postage stamp - in its long history it has broken the auction record four times.

It was most recently owned by John E. du Pont, an heir to the du Pont chemical fortune who was convicted of fatally shooting a 1984 Olympic champion wrestler. Du Pont bought the stamp for $935,000 in 1980 - a record auction sale price for any stamp then. The British Guiana has not been publicly exhibited since 1986.

The stamp, printed on magenta paper, bears a three-masted ship and the colony's motto, "We give and expect in return".

It was issued by printers in British Guiana in 1856 and brought into circulation as a temporary replacement after a shipment of stamps from London was delayed.

Share on FacebookShare on Twitter Comment
Source: HuffPost Live Highlights - on June 19, 2014

News video: Rare Stamp Sells For $9.5M

Rare Stamp Sells For $9.5M 01:20

A stamp has sold at auction for over $9 million.

Recent related news

Open news article

Rare Honus Wagner baseball card sells for $1.32 million

A Honus Wagner T206 baseball card has been auctioned for $1.32 million in online bidding.
MyNorthwest.com 12 hours ago - SportsAlso reported by •Brisbane TimesClick OrlandoIrish TimesdbTechno
Open news article

Resident Evil HD Sells 1 Million, Breaks PSN Record

Resident Evil HD Sells 1 Million, Breaks PSN Record
Capcom announced Friday that its latest Resident Evil HD remake, released in January, has now sold more than 1 million units worldwide. The $20 game is currently...
GameSpot 4 days ago - EntertainmentAlso reported by •Irish TimesGlobeSt.com

You Might Like

Other recent news in World

Facebook matching donations made for Nepal EARTHQUAKE victimsNepal earthquake: Drone footage captures the devastated rubble of capital city KATHMANDU
NEPAL EARTHQUAKE moves Kathmandu but Everest height unchanged – expertsMaryland National Guard on alert over BALTIMORE riots: governor
AP PHOTOS: Riots hit Baltimore after FREDDIE GRAY funeralFreddie Gray death in custody: Family of 25-year-old who died after being detained by police appeal for calm as RIOTS break out in Baltimore after funeral
BALTIMORE RIOTS: Huge fire lights up sky as seniors' centre erupts in flamesJAPAN's Prime Minister Abe says 'heart aches' over WW2 sex slaves
Bali nine: INDONESIA's credibility is at stake with decisionAustralia formally advised of imminent Indonesia executions: Foreign MINISTER



•More original news reports from One News Page
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2015 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
One News Page - Top Headlines RSS Feed RSS  |  News for my Website  |  Free news search widget  |  Advertise  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |  One News Page on Facebook LIKE us on Facebook  One News Page on Twitter FOLLOW us on Twitter  One News Page on Google+ FIND us on Google+