![]() "To philatelists, it's a really big deal, since it's the only copy of this stamp that has survived since 1856," says Daniel Piazza, chief curator of philately at the Smithsonian Institution's National Postal Museum. Instead, bidding closed at $8,307,0oo-not pocket change by any means, but considerably short of its previous winning bid, $9.5 million, to say nothing of the $10-$15 million the stamp was expected to fetch today.Įven so, the stamp remains by weight one of the most highly valued items on the planet. The diminutive wisp of paper was expected to set a new world record for a single stamp sale at auction. A photograph of the 1856 One-Cent Magenta used an infrared filter to suppress the stamp's red surface, making the black printing more visible.ĭespite great expectations, the British Guiana One-Cent Black on Magenta stamp got licked in a much anticipated auction this morning. ![]()
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