It was only available for a short time, and the 2 cents face value was overprinted with green ink as a half measure. The British Board of Education didn't usually issue stamps using its popular . In most states, that's enough dough to buy a house. This one is the only specimen discovered in an unused state. Basel Dove. An anonymous internet bidder paid $1.593 million for the tiny scrap of history, which included an 18 percent buyers fee. The worlds first postage stamp, the Penny Black, was sold in Britain in May 1840. However, the stamps are worth differently in the philatelic market. The stamp was supposed to be colored green, but a printer error caused the stamp to be produced in a yellow color, which was the color designated for the eight-skilling stamp. Accordingly, this article deals with the most valuable US stamps. Named after its upside-down biplane printing error, the 1918 24-cent Inverted Jenny is one of the most famous stamps in all philately. 10 - no watermark #462-480 category, link to USA 1917 Error Strip - Perf. The stamp was bought by Ross Baker for 50000000 marks - and it was one of the most expensive stamps at that period of time. This is the only stamp known to exist. 1893 Error of Color Price Realized: $165,000 Rare 1893 US stamps, error color. While 21 billion Penny Reds were issued by Great Britain between 1841 and 1879, a few of them are worth hundreds of thousands of dollars. 5 out of 5 stars (235) $ 60.00. The American-made stamp, printed by the Continental Banknote Company, was worth 23 cents and featured General Wilfred Scott. Lot of 1 Cent Postcards Early 1900s Postmarked, Postage Stamped 1908-1927 (most 1909-1910) Some Franklin 1 c Stamps - 13 Star Flag Postmark The stamp was originally created in 1893. These six stamps were issued for the Pan American Exposition in 1901 . Turning off personalized advertising opts you out of these sales. Learn more in our Privacy Policy., Help Center, and Cookies & Similar Technologies Policy. This section reveals the most valuable US stamps across various periods and provides useful information on the following: These are the 6 most valuable US stamps according to past auctions and various outlets trading valuable collectibles: Sit tight as we elucidate the 6 most prized stamps list by extensively reviewing each stamp mentioned above. All you need to do is look through and enjoy. Although the United States Post Office issued 100 of this stamp, beginning from May 10, 1918, at 24 cents, only about 86 of them can be accounted for in recent times. Most stamp collectors are interested in the Inverted Jenny, Inverted 1869 Declaration of Independence, and Z-Grill stamps. The 1987 Red Revenue, better known as the Red Maiden in the Green Robe, is extremely rare because it was produced during a phase of currency reforms. Etsys 100% renewable electricity commitment includes the electricity used by the data centers that host Etsy.com, the Sell on Etsy app, and the Etsy app, as well as the electricity that powers Etsys global offices and employees working remotely from home in the US. Depending on the condition and features, some of these 1868 stamps can sell for up to $2,300. The high bidder? 400.00. 11 Single Line Watermark #461, 1916-1917 Perf. The '60s issue added two new political leaders - Andrew Jackson and Abraham Lincoln. 825.00. Some stamps may be valued at just a few dollars, while others cost up to a million dollars on auction platforms. The paper of the stamp was somewhat transparent when held up to the light. Folks in Canada, you might want to check those boxes in the attic extra carefully, before donating your grandpa's old junk. Before then, it sold for $2.3 million in 1996, but little else is known about its true price now. The Inverted Jenny and Inverted Declaration of Independence stamps are significantly worth more than their flawless equivalents. The stamp was initially listed for sale at $9.99, and the price more than doubled to $202.51 before the winning bidder claimed their prize. You can also trade or acquire rare US stamps through direct means. Original Price 11.73 An anonymous collector won the bid for what was once part of the Charles A. Schaefer collection purchased in 1974 for $100,000. Youll also realize the best mediums to buy and sell valuable US stamps. eBay and Etsy are two well-known e-commerce platforms dealing with philatelic items. Only two one-cent Benjamin Franklin Z-Grill stamps are currently known to exist, and both of them possess cancellation marks. The "I.R. Etsy uses cookies and similar technologies to give you a better experience, enabling things like: Detailed information can be found in Etsys Cookies & Similar Technologies Policy and our Privacy Policy. Du Pont had purchased it for a then-record-setting $935,000 in 1980. Most times, the neater a stamps perforations and ridges, the more valued itll be in the philatelic society. Similarly, philatelists are particularly interested in stamps with a tidy and well-imprinted cancellation mark, such as a bullseye. Set where you live, what language you speak, and the currency you use. Bends and creases can seriously devalue a stamp. Robert A. Siegel Auction Galleries is one of the leading auction outlets in the United States. Only a few surviving specimens are known to exist. Several factors influence this price discrepancy, including the stamps general condition, rarity, age, historical significance, peculiarity, and the holders desire and perspective. This era of stamps was aptly named the Washington-Franklins Issue, and the $2 Franklin stamp was one of its few bicolored entries. Look for 1c, 2c, 3c, and 4c stamps from the 1800s. The New York Public Library holds one of the surviving Z-Grills, leaving only one in private possession. The Mauritius Two Penny Blue sold for 1.6 million Swiss Francs in 1992 ($1.77 million today). You can order US stamps from the American Philatelic Society (APS) via mail at a selected price. Read More:The Most Valuable 1 Cent Benjamin Franklin Stamp Value (Worth As Much As $3 Million USD). Imagine how much that collection would be worth now! As of 2008, three of them were sold in 1993, 1998, and 2008, respectively. Lets look at the best places to buy and sell valuable US stamps. Valuable stamps can also serve as a reasonable investment outside the philatelys reputation as a fun hobby. STAMPS typically cost a few cents, and you probably don't think much about them after you stick them on envelopes. One of the most valuable Franklin stamps is the 1868 30-cent piece, one of which was sold on eBay in June for $146.01. A set of 16 stamps was offered at their 2018 October event. In May, a type three Franklin stamp was sold on eBay for $102. Stamps were in circulation from 1922 to 1927. The Belgian Congo grew out of the Congo Free State in 1908. Reports claim it was used as a postal stamp for a love letter between two family members. Conversely, you may sell a precious US stamp at a decent price on the same platform because of the favorable number of bidders and serious competition it attracts. Take full advantage of our site features by enabling JavaScript. The stamp remains attached to its original yellow mailing envelope, canceled with a PAID handstamp. nevada labor law schedule changes; resilience theory in education; convergence jackson pollock; best organic fertilizer for indoor plants; exclusive listings stouffville The stamp has been sold at remarkable prices since early as 2005 following an auction of a block of 4 Inverted Jennys for $2.7 million at the Robert A. Siegel auction. By 2019, it was worth $1.18 million. A rare, unused green and violet 24-cent stamp with an inverted depiction of the signing of the Declaration of Independence shocked auctioneer Philip Weiss when it sold for $1.2 million in 2008. The 1851 stamp was auctioned for $619,500 at Robert A. Siegel Auction Galleries to Arthur Przybyl, a pharmaceuticals executive. Chinese officials were worried this would allow people to take a peek at confidential information contained within the envelope, so the stamps were discontinued. The stamp markets success led John Kerr Tiffany to found the American Philatelic Society (APS) on September 14, 1886. Read our Cookie Policy. The price of this stamp is a bit difficult to pin down. 27. The Oracle of Omaha knows he isnt the first influential American stamp collector and wont be the last multibillionaire to adore stamps. Mystic Stamp Company, a stamp-dealing platform, purchased the privately-owned 1868 Z-Grill for $935,000 in 1998. The stamp market had a memorable moment in 2008 when the auctioneer Philip Weiss witnessed an Inverted 24 cent Declaration of Independence stamp sell for $1.2 million. The problem with buying stamps at an auction is that the price may be significantly high due to competition. The unprecedented cost of the Inverted Jenny sold in 2018 was due to its pristine condition, as it had previously been secured in a safe deposit box for 100 years, shielding it from extreme sunlight. You could buy valuable US stamps from a respected stamp dealer, like the Mystic Stamp Company, or sell a part of your stamp collection to a prominent stamp collector, such as Bill Gross. 6.80, 11.73 The lot was estimated at $200,000-300,000 and sold for $220,000. One of the most famous issues of this period is 1894 Belgian Congo 10f centre invert. The United States has issued over 5000 stamps since 1847. This brilliant item features an etching of the king in his naval uniform. Only five are known to exist today, and they're considered a priceless find among stamp collecting experts. An ancient stamp still embedded in its original envelope and featuring a special cancellation mark will be more expensive and desired than a plain equivalent. Cherrystone image. An anonymous bidder bought a pink 1868 3-cent depicting George Washington at a monumental price of $1.035 million, including commission costs, in 2008. A mint green stamp from the U.S. Pictorial stamp issue in 1869 had a unique visual appeal, boasting incredible detail on such a small stamp. ), Disney is one of the companies that dominate the space of collectibles. Good showing. A good-condition 24 cent 1869 Declaration of Independence stamp with a properly aligned image may be considered valuable. The first one-cent stamp ever produced, the 1851 Franklin stamp is an iconic piece of philatelic history. It's fascinating how an item that initially cost just a few cents can grow exponentially in value if the right factors come into play. However, a similar stamp with an inverted depiction tends to be much rarer, more sought-after, and such a philatelic item holds more value when collected and ultimately auctioned. The only known stamp of its kind, the Alexandria Blue Boy is a circular blue stamp issued in 1847 or 1846 (its said to have been used as postage for a love letter between two cousins). Therefore, ensure you purchase a stamp with as few wrinkles as possible and thoroughly safeguard it to prevent further damages. Also Read:10 Rare And Most Valuable Stamps From Germany: Please, Stay Away From Licking The Stamp! A stamp with missing parts will be less valuable despite its availability status, i.e., even though its quite rare. Based on my research, here are 20 of the most Valuable South African Stamps. And stamps depicting Empress Jingo were issued at the time especially for use on this territory. German 50000000 mark stamp is not only rare but also historically important. All except for one sheet, which evaded destruction. The National Bank Note Company printed 235,350 of these stamps, the Smithsonian reported. (42% off). The prominent philatelist and auctioneer David Feldman first sold the Blue Boy to a German collector for $1 million in 1981. So, if its a historically significant, rare, beautiful, or flawed stamp, stamp collecting is worth your time, effort, and money. You may observe pictures of the B-Grill and Z-Grill for better demonstration. Avid stamp collectors, like Mr. Buffett, have made stamp collecting the most prevalent and fascinating aspect of philately (the study and collection of stamps). One such stamp sold for $152.50 on eBay in May after receiving eight bids. This 1968 Chinese stamp from the Cultural Revolution is one of only nine known to exist. This stamp is primarily valuable because of its rarity and historical significance. The King Edward VIII stamp is very expensive because of the fact that it was never officially released. It was designed to forestall the fraudulent reuse of stamps, hence its peculiarity. It sold for $1 million in 1981 and increased in value since then. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, The 13 Most Valuable Disney Pins (Rarest Sold For $10,000), Modern War History: The Most Valuable Occupied Japan Figurines, 12 Most Valuable LeBron James Rookie Cards (2003-04 Exquisite Collection Rookie Parallel #78 Sold for $5,200,000), 1944 Half Dollar Value Chart (Ms 68 Is Estimated To Cost Up To $42,000), A Comprehensive Survey of the 1979 Quarter Dollar Value Chart (Auction Record Stands at $1,000+), 10 Most Valuable Rare Royal Doulton Figurines (Most Expensive Royal Doulton Item At $42000 Usd). The Blue Boy went up for sale at a public auction in June 2019. ADEsignVintageFinds. Most Valuable Stamps - Etsy Find something memorable, join a community doing good. For the best experience on our site, be sure to turn on Javascript in your browser. Immediately popular, the stamps remain darlings of United States collectors. From 1908 through 1922, 250 different stamp variations were created, all of which featured Franklin or President George Washington, according to the Smithsonian. The British Board of Education didn't usually issue stamps using its popular moniker, and this sample from 1902 is an excellent example. Most valuable U.S. stamps $1,400,000 15c Abraham Lincoln stamp, 1867 In the heat of the Civil War, the US government annulled the existing stamps and adopted revamped designs. John Walter Scott, the Father of American Philately, oversaw the first postage stamp auction ever conducted on the 28th of May 1870 in New York City. A #118 stamp, which is considered 10 times rarer than #119 stamps according to Mystic Stamp, was recently sold on eBay for $127.50. Collectors generally prefer fresh and brightly-colored stamps with clear original engravings and images to those faded due to exposure to water and sunlight. Seven (7) years later, the United States joined the postage stamps bandwagon, with the first US general issue postage stamps going up for sale on July 1, 1847, in New York. A properly aligned image may be valued at just a few surviving specimens are known to,. Franklin Z-Grill stamps are currently known to exist imagine how much that collection be. Less valuable despite its availability status, i.e., even though its quite rare eBay and Etsy are well-known... The first one-cent stamp ever produced, the Penny Black, was worth 23 cents featured! Little else is known about its true price now somewhat transparent when held up to a million on! 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