Thursday 28 June 2018

6 Rare Postage Stamps Serious Collectors Get Excited About

By Peter Allen


People collect all kinds of things. It amazes many, who have not been bitten by the collecting bug, that a little, imprinted piece of paper can create intense interest in certain individuals, or have much value. The truth is that a stamp can bring in the millions of dollars at auction, and that a display of rare postage stamps can bring serious philatelists together from all corners of the globe.

A stamp known as the olive colored Queen Victoria's head is a great example of a mistake made by the printer. This stamp was first printed in 1864 in Hong Kong, and was intended to be brownish gray. The error came with fifty-two sheets that were printed in olive. There was an mistake in the placement of the cc and the watermark style as well. The original stamp cost ninety-six cents in Hong Kong. A block of four sold for $6.5 million Hong Kong dollars in 2012.

One of the most expensive stamps in the world is the British Guiana 1 Cent Magenta. It was printed on magenta paper with black ink. This stamp came into being because of a British Guiana postmaster. He had run out of his regular postal supply and talked the local newspaper into printing an emergency batch for him. Postal workers had to initial each stamp to prevent forgeries. The stamp brought $850,000 in 1980.

Mistakes happen when people get in a hurry. The Post Office Mauritius is a good example of this. In 1847 the wife of the governor of Mauritius was planning a ball. The post office had a special stamp issued just for the occasion. The stamp was used on the invitations, but instead of saying postage paid, the stamp read post office. In 2011 one of these twelve two pennies left sold for $1.6 million dollars.

Even non-collectors will recognize the Inverted Jenny. This was the very first air mail stamp issued. The ones that are rare show the plane upside down. This mistake was not hard to make because the stamped sheets had to be fed manually through the press twice. A set of sheets were fed through the wrong way, resulting in an inverted plan. In 2005 someone bought a block of four for $3 million.

The 1840 Penny Black was the first stamp ever made. It shows Queen Victoria as she appeared in 1837. This stamp was only used for a year because the cancellation mark was too hard to see. Only two of them are known to be left. An American businessman bought one of them recently for $5 million.

The Treskilling Yellow is the most sought after and expensive stamp in the world. It is a Swedish stamp that was supposed to be green, but is yellow. It was last sold in 2010 for an undisclosed amount. All the auctioneer would say is that it is more expensive than any other single stamp on the planet.

These stamps may not look like much to most. Apparently philatelists are willing to pay millions for these prized pieces of paper. The history behind them, and the rarity, create the value.




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