World’s most valuable stamp expected to sell for up $15m in New York

World’s most valuable stamp expected to sell for up $15m in New York

The Guardian

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British Guiana One-Cent Magenta was created in 1856 and is most valuable stamp in world

At first glance it could be an old scrap of paper that has had blackcurrant juice knocked over it. In reality it is, in terms of size, weight and material, arguably the most valuable object in the world. When it goes to auction in June it is expected to sell for between $10m and $15m – more than a billion times its original value.

The scrap of paper is the British Guiana One-Cent Magenta, which was created in 1856 and is the most famous and valuable stamp in the world. “It is the Mona Lisa of philately,” said David Beech, a philatelic expert. “It is the one stamp that every philatelist and every collector would have heard about and seen an illustration of.”

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