Well at our monthly stamp club meeting one of the members bought a limited edition Stanley Gibbons stamp. It's of the 1 cent magenta British Guiana stamp only 1 copy known and sold for approx $10 million U.S. Stanley Gibbons is the owner and printed 1,000 copies so I grabbed one on speculation. Don't know if it will go up in value or not, however, at $18 makes a nice conversation piece. He actually ordered 8 copies to spread around the registered shipping costs from the UK so our little club has 8/1000.
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Fun score Uncle!
Was reading about an 1856 one cent magenta the other day.
In 1873 in DEMERARA (British Guiana South America ) a 12 year old Scottish boy found it on a newspaper in his Uncles attic.
Sold it a few weeks later hoping he could fund other stamps for his collection.
Sold it for six shillings to N.R. McKinnon.
A shipment of state issued stamps lost at sea ended up having the postmaster get a newspaper (Official Gazette) to print up some stamps...
He gave some instruction as to how to design them.
Then feared ease of nonauthentic reproduction and instructed all to be initialed by postal clerks.
Considered ugly , they were replaced as soon as new stamps arrived from England.
The seventh buyer was John DuPont. (of the chemical family fame) At $935,000 in 1980.
My article ends not knowing what became of it upon John D's death...
(From Johns Bathroom Reader 19th Edition.)
Then started the change of hands to follow.
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