This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/world-us-canada-26189281
The article has changed 3 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
British Guiana stamp could fetch $20m, says Sotheby's | |
(35 minutes later) | |
A 19th Century postage stamp from British Guiana is set to fetch a record price when it goes on sale in New York in June, the auction house has said. | A 19th Century postage stamp from British Guiana is set to fetch a record price when it goes on sale in New York in June, the auction house has said. |
The 1856 one-cent Magenta, regarded by collectors as the world's most famous rare stamp, might sell for up to $20m (£12m; 15m euros), Sotheby's says. | |
The unique stamp has set a world record each of the three times it has been sold at auction. | The unique stamp has set a world record each of the three times it has been sold at auction. |
The current record for a single stamp sold at auction is $2.3m. | The current record for a single stamp sold at auction is $2.3m. |
The Swedish Treskilling Yellow was last officially sold in Zurich in 1996 for 2.88m Swiss francs (about $2.3m at the time). | The Swedish Treskilling Yellow was last officially sold in Zurich in 1996 for 2.88m Swiss francs (about $2.3m at the time). |
It is believed to have set another world record in May 2010 but its buyers did not disclose how much they paid. | It is believed to have set another world record in May 2010 but its buyers did not disclose how much they paid. |
'Superstar' | 'Superstar' |
The British Guiana one-cent Magenta is the sole surviving example of its kind and regarded as the most well-known of rare stamps. | The British Guiana one-cent Magenta is the sole surviving example of its kind and regarded as the most well-known of rare stamps. |
"You're not going to find anything rarer than this," Allen Kane, director of the Smithsonian National Postal Museum in Washington, told the Associated Press. | "You're not going to find anything rarer than this," Allen Kane, director of the Smithsonian National Postal Museum in Washington, told the Associated Press. |
"It's a stamp the world of collectors has been dying to see for a long time." | "It's a stamp the world of collectors has been dying to see for a long time." |
It has been kept largely out of public sight since it was last bought in 1980 by John du Pont, a chemical industry millionaire. | It has been kept largely out of public sight since it was last bought in 1980 by John du Pont, a chemical industry millionaire. |
Du Pont was jailed for shooting dead an Olympic gold medal-winning wrestler in 1996 and died in 2010. The stamp is being sold as part of his estate. | Du Pont was jailed for shooting dead an Olympic gold medal-winning wrestler in 1996 and died in 2010. The stamp is being sold as part of his estate. |
Printed in black on magenta paper, the British Guiana stamp bears the image of a three-masted ship and the Latin motto "we give and expect in return". | Printed in black on magenta paper, the British Guiana stamp bears the image of a three-masted ship and the Latin motto "we give and expect in return". |
"This is the superstar of the stamp world," said David Redden from Sotheby's. | "This is the superstar of the stamp world," said David Redden from Sotheby's. |
The stamp was produced in Georgetown, British Guiana (now Guyana) after a shipment of stamps was delayed from London, threatening to disrupt the postal service. It is initialled by a post-office employee. | The stamp was produced in Georgetown, British Guiana (now Guyana) after a shipment of stamps was delayed from London, threatening to disrupt the postal service. It is initialled by a post-office employee. |
Its first owner was a 12-year-old Scottish boy who apparently found it among family papers in 1873. | Its first owner was a 12-year-old Scottish boy who apparently found it among family papers in 1873. |
The stamp has not been on view publicly since the 1986, when it was exhibited at the Ameripex 1986 International Stamp Show in Chicago, Sotheby's said. | The stamp has not been on view publicly since the 1986, when it was exhibited at the Ameripex 1986 International Stamp Show in Chicago, Sotheby's said. |
It will travel to cities including London and Hong Kong, before returning to New York where it will go on sale at auction on 17 June. | It will travel to cities including London and Hong Kong, before returning to New York where it will go on sale at auction on 17 June. |