Geneva Auction: Rare stamp sold for world record price
An international consortium has bought the world’s most expensive postage stamp in an auction which took place on Saturday in Geneva. The stamp auctioneers did not reveal the identity of the buyers or the price paid by them. They have however maintained that the sale has fetched the highest price ever paid for a stamp.
One of the rarest known stamps, the "Treskilling Yellow" - a version of an 1855 three shilling stamp - was meant to be printed green but was issued by mistake during a print run of eight-shilling stamps, which are yellow. It was last officially sold in Zurich in 1996 at a then record price of $2.3 million.
The stamp was first discovered in 1885 by a 14 year old Swedish schoolboy while searching for stamps in his family’s belongings to sell on for his pocket money. Since then it had periods of fluctuating fortunes, passing through the hands of various prominent figures, including a Romanian King as well as a Belgian tycoon.
The auctioneers, who labeled the stamp as "Mona Lisa of the philatelic world", have asserted it to be the world’s most valuable object by weight. They expected it to sell in the range of 1.5 - 2 million euros. According to them, the seller was delighted with the price he fetched for his sale, while the buyers considered the purchase a solid investment in these times of financial crises.
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David23 May 10 at 11 50 pmGreat article. I really enjoyed reading it.
I can't figure out why you used the word "on" in the first sentence of the third paragraph.
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DONNA23 Jun 10 at 10 19 amHEY! THANKS SO MUCH FOR THE ARTICLE AS WELLAS FACTS YOU MADE MY MILNENUM! I HAVE THIS STMAP IN A DULL ORANGE BRIGHT ORANGE YELLO TOO, I CANNOT BELIVE I ACCURIED THEM BUT I DID I ALSO HAVE THE BLACK PENNY AND AS WELLAS THE HALF CENT ONES~! ALL STAMPED EXCEPT 2 AND NEED TO KNOW OF PEO;E WHOM WISH TO ACCURE THESE AS AM SELLING THEM GREAT HISTORY!!! LET ME KNOW NUMBER TO CALL IS 760-4096537 CAN REACH THIS NUMBER ON 7/3/10 AND ON NOT UNTILL THEN WILL HAVE TO EMAIL ME ONLY IFSERIOUS OR KNOW OF HOW I CAN GET THEM ON AUCTION AND PRCEDURE PLEASE... THANKS! ALSO HAVE VERY FIRST ISSUE P.M.OF COURSE..OF JAPAN IRAN IRACK SUADI PANAMA CONGO,MOSEMBIC ETC.,ETC., AS WELL AS COMMON WELATH AND QUEENS FIRST ISSUE AGAIN P.M. ALL WATER SEALED NOT ABLE TO SEE SOME MORE OLDER THEN OTHERS!!EVEN HAVE GET THIS!PRINCE VLADAMEIRE! NOT USED!! IOLATOMANIE NOT USED!...WHAT DO YA THINK DID I JUST HIT PAY DIRT OR NO?!...
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