1856 British Guiana One-Cent Magenta Stamp Sold for $9.5 Million

At a Sotheby's auction in New York, 1856 British Guiana One-Cent Magenta stamp sold for $9.5 million, including buyer's premium. The auction lot had an estimate of $10 million and $20 million.


It is considered to be the rarest and most valuable of all single stamps. The name of the successful bidder was not disclosed.

The stamp was being auctioned for the estate of John E. du Pont, who had originally paid $935,000 for the stamp.




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