The initial buyer, William Robey, sold the entire sheet within that week to a stamp dealer for $15,000, who promptly sold them within a day for a $5,000 profit to Colonel Edward Green, who authorized the stamp dealer to divide the stamps for individual sales.īassey, a Bloomfield Township lawyer and lifelong stamp collector, bought the position 11 Inverted Jenny stamp in 1977, for $36,000 and promptly put it in a bank vault where it sat for four decades, gaining what he said is estimated to be about 6% per year on his investment. or Best Offer Genuine - USA 6 Cent Red US Air Mail Stamp 1949. Only 100 were ever released, sold on a single sheet for a total face value of $24 on to celebrate U.S. 2,003 Results U.S AIR MAIL 6 Cent Stamp Lot Of 6 With Letters. The stamp printed in error depicts an upside down airplane, making it one of the world’s most famous, and expensive, stamps. 1938 6¢ Eagle Issue Date: City: Dayton, OH, and St.
The 1918 stamp has a face value of 24 cents.Īsked how he felt about the sale of his inverted Jenny stamp, which he kept a secret for 43 years until just last month, Bassey just laughed and said, “It’s done.” With an additional 18% auction commission fee, a private collector’s final purchase price for the Inverted Jenny postage stamp was $253,700, Scott Trepel, president of Siegel Auctions, said. Usually, a stamp that has never been used and is in mint condition is more valuable than the same stamp that has been used.
When the hammer fell at a New York auction of his postage stamp July 1, Ron Bassey didn’t hear a bang at his home in Bloomfield Township, but he was $215,000 richer nonetheless.
0 kommentar(er)
