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Rare British Guiana stamp sells for record $9.5 million

Wednesday, Jun 18, 2014 - 01:02

June 18 - A British Guiana One-Cent Magenta postage stamp from 1856, the only one of its kind still in existence, sold for a world record price of $9.5 million (USD) at Sotheby's. Sharon Reich reports.

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Now that, is one expensive stamp. In fact, this rare British Guiana One-Cent Magenta postage stamp from 1856 is one of the first postage stamps to exist ... and at $9.5 million (USD) with buyers premium -- it's the most expensive stamp ever sold. Sotheby's David Redden. SOUNDBITE: David Redden, worldwide chairman of books and manuscripts at Sotheby's, saying (English): "It sets a brand new world record for a stamp obviously. So far above any prior price for a stamp. It's going to be a hard one to beat. And it probably won't be beaten until this stamp comes up for sale yet again in the future." The stamp is the only one left of it's kind and was sold by the estate of late multimillionaire John du Pont. A portion of the proceeds will go to the Eurasian Pacific Wildlife Conservation Foundation, which du Pont supported.

Rare British Guiana stamp sells for record $9.5 million

Wednesday, Jun 18, 2014 - 01:02

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