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.
The olive colored Queen Victoria's head is an example of a printing error. The Hong Kong stamp was printed in 1864, and was supposed to be gray brown in color. Instead fifty-two sheets were mistakenly printed in olive. In addition to the color error, there is also a mistake in the watermark style and an incorrect placement of the cc. Once selling for ninety-six Hong Kong cents per stamp, a block of four brought nearly six and a half million Hong Kong dollars in 2012.
The British Guiana 1 Cent Magenta is one of the most highly prized in the world. It is printed with black ink on magenta paper. This stamp came about because the postmaster in British Guiana had run out of his regular supply and asked a local newspaper to print an emergency batch. To prevent forgery, a postal employee had to initial each one. In 1980 this stamp brought $850,000 at auction.
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 was the first air mail stamp. It was issued in 1918. The rare ones show the plane upside down. The mistake was easy to make at the time. The sheet of a hundred stamps had to pass through the press twice. One set was turned the wrong way on the second pass resulting in the error. It got out without anybody noticing. A block of four sold for $3 million in 2005.
The first stamp ever made was the 1840 Penny Black. It shows the profile of Queen Victoria sketched by William Wyon. The stamp was retired after just a year because the background made the cancellation mark hard to see. There are only two in existence. One of the two was purchased recently by an American 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.
People who love stamps get excited about this kind of thing. The appeal baffles others. Philatelists may not have the money to buy a rare stamp, but they can enjoy the history behind these fragile little pieces of paper.
The olive colored Queen Victoria's head is an example of a printing error. The Hong Kong stamp was printed in 1864, and was supposed to be gray brown in color. Instead fifty-two sheets were mistakenly printed in olive. In addition to the color error, there is also a mistake in the watermark style and an incorrect placement of the cc. Once selling for ninety-six Hong Kong cents per stamp, a block of four brought nearly six and a half million Hong Kong dollars in 2012.
The British Guiana 1 Cent Magenta is one of the most highly prized in the world. It is printed with black ink on magenta paper. This stamp came about because the postmaster in British Guiana had run out of his regular supply and asked a local newspaper to print an emergency batch. To prevent forgery, a postal employee had to initial each one. In 1980 this stamp brought $850,000 at auction.
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 was the first air mail stamp. It was issued in 1918. The rare ones show the plane upside down. The mistake was easy to make at the time. The sheet of a hundred stamps had to pass through the press twice. One set was turned the wrong way on the second pass resulting in the error. It got out without anybody noticing. A block of four sold for $3 million in 2005.
The first stamp ever made was the 1840 Penny Black. It shows the profile of Queen Victoria sketched by William Wyon. The stamp was retired after just a year because the background made the cancellation mark hard to see. There are only two in existence. One of the two was purchased recently by an American 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.
People who love stamps get excited about this kind of thing. The appeal baffles others. Philatelists may not have the money to buy a rare stamp, but they can enjoy the history behind these fragile little pieces of paper.
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