Tag Archives: Arthur Hind

Colonial Guyana stamp to auction for US$10-20 million

Colonial Guyana stamp to auction for US$10-20 million

The famous British Guiana stamp

The famous British Guiana stamp

Friday, 14 February 2014 14:35
New York, AFP — The world’s most famous postage stamp, the sole-surviving example of a one-cent magenta from British colonial Guyana, is going under the hammer in New York for $10 to $20 million.

Sotheby’s has valued the stamp, which was made under British rule in 1856 when a shipment of stamps from England was delayed, and will sell it on June 17.The “British Guiana One Cent Magenta” has broken a new record for the price of a single stamp the previous three times it was sold at auction since 1922 and has an incredible history.
 Bought most recently by convicted murderer and American multi-millionaire, John du Pont, it has not been seen in public since going on display at a stamp exhibition in Chicago in 1986.  Continue reading
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